Legal – Assistant General Counsel, Bankruptcy Legal Group, CCB – VP
The JPMorgan Chase Legal Department is responsible for providing legal services to the Corporation and is organized by practice groups that generally align with the Corporation’s lines of business and corporate staff areas. This structure encourages legal teams, businesses and staff areas to discuss legal, regulatory and business developments effectively and in a timely manner.
The Consumer and Community Banking (CCB) Regulatory, Operations & Controls Legal Team (ROC) is responsible for providing legal services to CCB Operations, including collections and recovery, collections litigation, bankruptcy, sworn document processes, tax reporting, escalated customer complaints and third party oversight. The team is also responsible for providing regulatory advice to all CCB businesses and control partners on key consumer protection statutes such as the Fair Credit Reporting Act, Telephone Consumer Protection Act, Fair Debt Collection Practices Act and Unfair/Deceptive Acts and Practices. In addition, the team monitors state and federal law and regulatory developments and leads CCB’s participation in the firmwide Office of Legal Obligations and Legal Regulatory Change Management processes. The CCB ROC team also provides legal support to CCB’s Audit, Compliance, Risk and Controls functions and various firm wide regulatory initiatives, such as the Firm wide Bankruptcy Program, Servicemembers Civil Relief Act and the Remediation Center of Excellence.
The Cross-Line-Of-Business Bankruptcy Legal Group, a division within ROC, is seeking a senior attorney to support the Card Services line of business with execution of its bankruptcy recovery and risk mitigation strategies. The position will be located in Plano, TX.
The responsibilities of the position include:
- Providing legal support to Card Services’ bankruptcy operations, including supporting Card Services bankruptcy operations’ processes, including all actions taken in a customer bankruptcy case to protect or preserve Card’s claim
- Ensuring business processes and procedures comply with bankruptcy legal requirements, regulatory guidance and internal policies
- Partnering with the business and corporate function groups (e.g., Compliance, Risk, Controls and Audit) to provide in-depth analyses of changes in law and assisting in the evaluations of the possible effects of the changes to business processes or procedures
- Assisting in reviews and revisions of bankruptcy-related procedures
- Assisting with preparation for committees and working groups, and executing on meeting take-aways
- Reviewing outgoing correspondence for legal and factual issues
- Providing support to special projects and cross-line-of-business matters touching bankruptcy legal requirements
- Collaborating with internal and external stakeholder groups on changing legal requirements and impact
- At least 7 years of bankruptcy legal experience post JD; consumer financial services experience preferred. JD or educational equivalent required. Attorney candidates must be in compliance with all relevant licensing requirements including the requirements of the jurisdiction where the role will be located prior to commencement of employment.
- Strong knowledge and understanding of complex bankruptcy legal framework, including the United States Bankruptcy Code and Federal Rules of Bankruptcy Procedure
- Knowledge and understanding of bankruptcy legal issues impacting unsecured creditors, including issues relating to compliance with the automatic stay and discharge injunction and filing proofs of claim.
- Knowledge of federal and state laws impacting credit cards such as the U.S. Bankruptcy Code and Rules, TILA, FCRA, FDCPA, UDAP/UDAAP and IRS 1099c
- Experience working closely with banking regulators and managing examinations a plus
- Strong (or Excellent) written and verbal communication skills
- Strong legal research skills on a variety of databases including Westlaw and/or Lexis
- Strong organizational skills and the ability to drive complex projects across multiple lines of business
- Team player who can collaborate within the legal department and across business groups
- Ability and willingness to present to senior business and legal leaders and stakeholders
- Ability to prioritize and interact effectively with senior management
Analytical thinker who is an independent/self-starter
- Must thrive and make decisions in a fast-paced, changing environment
- Strong sense of honesty and ethics as an officer of the court and a representative protecting the reputation of JPMC
- All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.
Regulatory or compliance experience
- Experience working with bank regulators, bankruptcy trustees and/or the Office of the United States Trustee
- JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.