Payments Attorney (Trust & Security) - Vice President, Assistant General Counsel Job at JPMorgan Chase & Co., Chicago, IL

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  • JPMorgan Chase & Co.
  • Chicago, IL

Job Description

Job Description

JPMorgan Chase is a leader in providing consumers and small businesses with innovative payment experiences and solutions. You can play a significant part by providing first-class legal support to the most impactful initiatives focused on customer protection against fraud and scams. 

As a Payments Attorney (Trust & Security) - Vice President, Assistant General Counsel within our Consumer and Community Banking (CCB) Payments Legal Team, you will support CCB’s Trust & Security organization, which has been tasked with driving initiatives across CCB aimed at protecting customers from fraud and scams, and addressing bad actors/wrongdoers.  This is a significant priority for the Firm and provides a rapidly developing field within which to practice.

You will be a member of a high-performing, congenial, and supportive team that provides legal advice and strategic guidance on a broad range of issues to support the business in enhancing the operating model for fraud, scams and wrongdoer prevention. You will advise on issues that will have real impacts to our customers and will make the firm an industry leader in fraud and scam prevention. You will sit within the Consumer Payments Legal team, which covers Banking Payments and Commerce Payments, where you will also be exposed to legal issues involving both traditional and innovative payment methods of payments, product offerings, wallets and networks.

The Legal Department at JPMorgan Chase & Co. manages legal and other risks, advises on products and services, interprets laws and regulations that impact the firm, advocates for rules changes and advises the Firm on other matters.  Our global team is made up of approximately 2,000 lawyers and legal professionals with a reputation as thought leaders in the industry who deliver best-in-class services and help drive innovation. As trusted advisors, we help the Firm’s clients while also safeguarding the integrity of the Firm.  We are committed to a culture of inclusivity and belonging, where people can grow and succeed throughout their careers while working for a first-in-class financial institution doing cutting-edge work. If these values resonate with you, we would like to hear from you.

Job responsibilities

  • Provide commercially pragmatic and trusted legal advice on the reasonableness and/or viability of Trust & Security initiatives focused on scam prevention, claims management, and wrongdoer prevention;
  • Interact with and provide support to senior business clients, other legal teams, and control partners on legal issues, new business initiatives, regulatory items and product roadmap and strategy;
  • Evaluate and provide trusted advice regarding risks and concerns related to payments products and initiatives and applicable laws and regulations, including EFTA, the Uniform Commercial Code, Regulation Z, UDAAP/UDAP, and GLBA;  
  • Collaborate with other control partners to ensure appropriate awareness, escalation and resolution of issues
  • Participate in legal department and/or cross line of business initiatives and projects, including fostering awareness of emerging payments issues across CCB and Corporate and Investment Bank Legal 
  • Participate as the team representative in certain committees, programs and forums, and ensure other team members are aware of relevant issues 
  • Contribute to the strong culture, collaboration, and cohesiveness of the Payments legal team

Required qualifications, capabilities, and skills

  • Must be licensed to practice law and a member in good standing in the state in which the position is based or otherwise be in or gain compliance with the in-house counsel registration of that state
  • At least five years of legal experience in a law firm or in-house legal department
  • Excellent verbal and written communication skills
  • A natural ability and inclination to think and act collaboratively and as a strong team player
  • The flexibility, perseverance and patience necessary to work through ambiguity and see a matter to completion 
  • Excellent analytical, problem-solving, and decision-making skills, combined with effective time management
  • The ability to foster and maintain strong relationships with business partners of all levels, other lawyers, control partners, and external stakeholders 
  • An ability to bring to bear different perspectives to achieve the best outcome for the Firm, while also being able to comfortably work in a fast-paced, constantly changing environment

Preferred qualifications, capabilities, and skills

  • Prior experience with or interest in payments and/or technology matters
  • Familiarity with consumer protection and finance laws (e.g., Regulation E, UCC, UDAAP, ADA)
  • A good sense of humor 

All candidates for roles in the Legal department must be licensed to practice law in the country of employment and successfully complete a conflicts of interest clearance review prior to commencement of employment.

About Us

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our  FAQs for more information about requesting an accommodation.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

With large, global operations, the Legal team tackles complex issues and helps shape the regulations that affect the businesses. The group is organized into practice groups that align with the lines of business and corporate staff areas, which encourages collaboration on legal, regulatory and business developments as they arise.

Job Tags

Bank staff,

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