Join the Legal team that supports an industry leading Asset Based Lending group, which is part of Capital & Advisory Solutions in the Commercial and Investment Banking line of business for one of the world's best and most innovative banks. Become the trusted advisor that our bankers and underwriters need to keep our ABL business on the cutting edge while doing so in a safe and sound manner.
As an ABL attorney in Commercial and Investment Banking, you will be supporting a team that provides highly structured asset based solutions for a wide array of complex financings across the U.S. and Canada, as well as subsidiaries of U.S. entities located in Europe and Asia, which will include interfacing with customer-facing bankers, risk personnel, and service personnel, as well as deposit, cash management, and other customer and client issues as they arise. You will leverage your legal knowledge to help drive and coordinate the legal team's role in supporting and advising on all significant business, controls and compliance initiatives, as well as various cross-line of business projects. As an ABL attorney, you will be part of a team of legal colleagues (the Capital & Advisory Solutions team) that also supports the Equipment Finance Group, the Mid-Cap Financial Sponsors Group, the Syndicated Finance Group and the ESOP Advisory Group. If you are intellectually curious and have a passion for finding compliant solutions across a large organization you may be the perfect fit for our team.
The Legal Department at JPMorganChase manages legal and other risks, advises on products and services, interprets laws and regulations that impact the firm, and advises the firm on other matters. Our global team is made up of 2,000 lawyers and legal professionals with a reputation as thought leaders who deliver best-in-class services. 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 support, including analysis and advice on structural and risk issues
Review, negotiate and draft credit and collateral documentation, amendments and waivers, indicative term sheets, proposal and commitment letters, intercreditor agreements and confidentiality agreements
Represent ABL in relationships with other syndicate lenders and borrowers, including providing advice on workout credits
Support and maintain outside counsel relationships for ABL; coordinate engagement of ABL outside counsel
Escalate issues as appropriate and share potential concerns, issues, and ideas with legal and control functions across the company
Support and advise the business with respect to treasury management products and client related issues including KYC, privacy, reputational and AML issues which may arise
Advise the business with respect to new products or pricing, marketing, regulatory and related issues impacting financial institutions operating in a multi-state environment and provide training to the business
Partner with Risk, Controls, and Compliance colleagues regarding operational and regulatory risk and control issues and the applicability of federal and state law and regulation to the business
Required qualifications, capabilities, and skills
JD or educational equivalent required with at least 5 years of post-JD practicing experience at a law firm and/or in-house legal department at a large bank or other financial services company
Licensed to practice law and a member in good standing in TX, IL or other approved location, as applicable, or otherwise in compliance with the in-house counsel registration rules in such state
Strong interpersonal skills with ability to interact effectively with clients and partner with the Capital & Advisory Solutions team, other members of the Legal Department and the business to find solutions
The ability to prioritize work, manage a large number of issues at one time, and interact with senior and executive management
Excellent verbal and written communications skills
All candidates for roles in the Legal Department must successfully complete a conflicts of interest clearance review prior to commencement of employment
Preferred qualifications, capabilities, and skills
Experience collaborating on a broad range of business strategies and issues with senior management and a reputation for providing valued, and independent counsel and judgment
Knowledge of the legal and regulatory requirements for asset based, secured lending and an ability to understand the business needs of ABL
Demonstrated leadership, problem solving and project management skills, judgment and character
All candidates for roles in the Legal Department must successfully complete a conflicts of interest clearance review prior to commencement of employment. Attorneys must be licensed to practice law and a member in good standing or otherwise eligible to practice law in the jurisdiction in which the position is based.
JPMorganChase, 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, paid in the form of cash and/or forfeitable equity, 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
Chicago,IL $183,350.00 - $242,000.00 / year
