Libertatem Magazine

Job Post: Vacancy for AWM Legal Counsel in J.P Morgan Chase & Co.,Mumbai

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Job Overview

Associate and Legal Counsel –  AWM LRCM Team

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, and asset management.

The Legal Department of JPMorgan Chase & Co (“JPMC”) is responsible for providing legal services to the Corporation and is organized by practice groups that generally conform to the Corporation’s lines of business (“LOBs”) and corporate staff areas, allowing the legal staff to work closely with specific groups on a daily basis.

J.P. Morgan Asset and Wealth Management (AWM) is one of the largest asset and wealth managers in the world.  AWM serves distinct client groups globally through multiple businesses:  institutional and retail clients through Asset Management (AM), and high-net-worth and ultra-high-net-worth clients through the Global Private Bank.  AWM offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.  AWM also provides trust and estate, banking, and brokerage services to high net worth clients, and retirement services for corporations and individuals.

JPMorgan’s Legal Department seeks an experienced lawyer to support its Legal & Regulatory Change Management (LRCM) efforts.  This lawyer will be charged with supporting the process for reviewing and synthesizing legal and regulatory developments, assessing whether laws or regulations impact products and services provided by AWM, and engagement of legal subject matter experts across the firm, as needed.  The selected candidate will also support efforts to monitor for regulatory developments in specific areas of law relevant to AWM.

Location and Reporting Lines:

The location of this position is Mumbai, India, at the J.P. Morgan Mumbai Corporate Centre (“MCC”) functionally reporting to the Legal Lead for AWM Office of the Legal Obligations in the United States, and to a local supervisor at the MCC.

Job Responsibilities:

  • Support AWM’s LRCM efforts, including the process for reviewing and assessing regulatory developments.
  • Monitor and research laws and regulations relevant to AWM, including U.S. and non U.S. laws.  The initial focus will be on laws relevant to the Global Private Bank’s Trusts & Estates business with potential expansion into other relevant areas of law.
  • Prepare concise summaries of developments; make recommendations to attorneys on the relevance of the developments and their potential impact to AWM.
  • Prepare/maintain matrices used by legal and the business, with oversight from legal subject matter experts.
  • Support the maintenance of relevant legal obligations in the firm’s Enterprise Library Application (ELA), and provide appropriate notifications to AWM’s legal and regulatory change management team.
  • Participate in meetings to discuss regulatory developments with stakeholders.
  • Correspond and collaborate with paralegals, attorneys, and other professionals on legal and regulatory issues impacting multiple LOBs.
  • Conduct additional legal research and participate on special projects, as needed.
  • Provide other support that may be requested of the Legal Department from time to time.

Required Skills:

  • Fluent in written and spoken English, with excellent English writing and communication skills.
  • Law degree and membership in jurisdictional organization. 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.
  • 3-5 years of experience in financial services law.
  • Excellent legal research skills, including experience with Westlaw or similar services.
  • Ability to multitask and prioritize work in a fast-paced, complex business environment and maintain communication with attorneys regarding project status and estimated completion timelines.
  • Competence with the suite of Microsoft Office products, including Microsoft Excel.
  • All candidates for roles in the Legal Department must successfully complete a conflicts of interest clearance review prior to commencement of employment.

Preferred Skills:

  • LLM preferred.
  • Experience or interest in financial services regulation.
  • Knowledge of the U.S. legislative and regulatory process.
  • Experience studying or working in a common law jurisdiction (e.g., UK, US, Australia).
  • Intermediate or advanced knowledge of Microsoft Excel.
  • Technological mindset and/or background is a plus.

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