You will support the Corporate Client Banking/Specialized Industries (CCBSI) and International Banking (IntlB) units within the Commercial Banking (CB) line of business. CB serves primarily U.S.-based business clients with US$20 million – US$2 billion+ in annual revenue. CCBSI provides client coverage for CB clients with US$500 million or more of annual revenue. Client industry specialties within CCBSI include technology; sports and advertising; entertainment; oil & gas exploration, production and service companies; domestic banks, specialty finance, mortgage warehouse finance, insurance and other financial institutions; healthcare, real estate and power and utilities. CCBSI has also expanded into over a dozen non-U.S. locations in Europe, Asia/Pacific, Latin America, etc. (with further expansion being implemented), to serve comparable non-U.S. clients. CCBSI personnel are located in various locations nationwide and internationally. IntlB provides international product expertise to all U.S-based CB clients (and their internal coverage teams) as they expand outside the U.S. IntlB personnel are located in the U.S., 16 other countries and Hong Kong. Your responsibilities will include:
transactional support, including analysis and advice on structural and risk issues and review, negotiation and drafting of credit and collateral documentation (syndicated and single-bank); drafting, review and negotiation of confidentiality agreements; tailoring of standard bank loan documentation forms; development and updating and/or participating in development and updating of standard bank loan documentation forms; indicative term sheets and other proposals; amendments and waivers;
coordination within CB and with Corporate & Investment Bank Legal on assorted credit & lending topics and policy and/or documentation developments;
in conjunction with Wholesale Payments Legal, negotiation and exception approval on deposit and cash management documentation and contracts;
in conjunction with Compliance, advising clients on regulatory and compliance policies and issues, including Know-Your Customer, anti-money-laundering and client sponsorship; banking and investment banking regulatory compliance; conflicts, information-sharing, confidentiality and privacy
in conjunction with Bankruptcy & Workout Legal, advising, negotiating and documenting troubled credit situations
participation in development and implementation of regulatory compliance policies and procedures and internal controls and other processes, both within and across lines of business;
participation in internal projects, often cross-CB or cross-LOB, to streamline operations, create efficiencies and/or improve the client experience
participation in major internal and external line of business operational restructures, sales or acquisitions; new product and/or new process development and review, including in innovative technological and business areas.
participation in JPMC initiatives on diversity, equity and inclusion as well as environmental, social and governance topics;
training of internal constituencies (e.g. bankers, credit, service) on legal issues
outside counsel management and communications on JPMC credit documentation issues, procedures and changes; law firm conflict waivers
Candidate must be a licensed attorney in good standing (Illinois, Texas and/or New York strongly preferred) with at least 3 years’ experience.
Candidate should optimally have a general knowledge of credit and lending issues, transactions and documentation. Knowledge of issues and documentation for deposit, cash management and other treasury products and services and/or investment banking products and services and/or asset and wealth management products and services would be an additional plus.
Candidate should have excellent skills in communicating with clients and prospects, internal colleagues and external counsel and other lenders, administrative agents, creditors, etc., and in negotiating with any of these constituencies when necessary.
Interest in or knowledge of regulatory and compliance issues affecting financial institutions could be a plus.
In covering international transactions candidates must be prepared to be available for conference calls and to effect other communications in various other time zones (especially Europe or Asia/Pacific) when needed. Foreign language capabilities could be a plus.
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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
Equal Opportunity Employer/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.