Job Description

Job Description

Are you ready to make a significant impact in the world of payments? At JPMorgan Chase & Co, we offer you the opportunity to provide strategic guidance on client contract negotiations that are critical to our clients' success. As part of our Payments Legal Team, you will collaborate with legal partners and key personnel to enhance negotiation practices and implement cutting-edge technological solutions. If you are intellectually curious and passionate about driving solutions, this role is your chance to shine. Join us and be part of a global team of thought leaders who deliver best-in-class services.

As a Payments Negotiation Attorney in the Payments Legal Team, you will provide transactional and strategic legal support for client contract negotiations in wholesale payments. You will collaborate with us to enhance negotiation practices and implement technological solutions, creating a best-in-class contracts negotiations legal practice. You will have the opportunity to work with a dynamic team that values inclusivity and career growth. Together, we will safeguard the integrity of the firm while helping our clients succeed.

At JPMorgan Chase & Co, the Legal Department manages risks, advises on products and services, and interprets laws and regulations that impact the firm.  Our global team of 2,000 lawyers and legal professionals has 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 value inclusivity and career growth, offering a dynamic environment for those who share our commitment to excellence. 

Key responsibilities

• Draft and negotiate a wide range of documentation for Wholesale Payments.
• Advise businesses on transaction structures, and legal and regulatory issues.
• Coordinate with product counsel and other legal teams to maintain agreement templates, negotiation playbooks, and negotiation technology tools. 
• Ensure customer-facing documentation is clear and compliant with applicable laws and regulations.  

Required qualifications and skills 

• Illinois licensed attorney with at least five (5) years’ experience with a major law firm, financial institution, or judicial clerkship
• Proven and effective negotiation skills and ability to communicate with internal and external customers.
• Understanding of banking laws, including UCC Articles 4 and 4A.
• Excellent organization and time management skills.

Preferred qualifications, capabilities, and skills 

• Knowledge of wholesale payments products and services.
• Experience working with merchant service processors/providers.
• Experience with commercial card products.
• Understanding of  FinTech and third party payment processors and applicable laws and regulations.
• Familiarity with healthcare payments and HIPAA regulations.

All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.

About Us

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

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

Similar Jobs