JPMorgan Chase & Co . (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
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 and businesses and staff areas to discuss legal, regulatory and business developments effectively and in a timely manner.
About the Office of Legal Obligations . The Office of Legal Obligations is firmwide initiative that helps manage regulatory changes into the firm's operations, allowing the firm to trace end-to-end connections between laws, rules and regulations and policies, procedures and/or other documentation.
For the program, JPMC requires experienced individuals with strong legal and regulatory awareness and background, able to understand the risks to the Lines of Business and the Firm of non-compliance with laws and regulations. The ideal candidate will monitor, identify and document changes to applicable laws affecting the Firm's products and services, handle reporting and notification of regulatory changes and assist on a monthly internal publication that provides an overview of legal and regulatory developments affecting the firm. The role requires significant cross-functional collaboration, including with line of business lawyers, their Compliance counterparts, as well as counterparts in Risk and Oversight and Controls. The environment is fast-paced, often requiring that issues be addressed rapidly - to ensure the firm stays in compliance with the rapidly-evolving laws and rules that may apply to our highly regulated industry. The successful candidate must have strong analytical and collaborative skills, be able to work independently and be a true "self starter."
Primary Responsibilities will include:
Work with a global regulatory change monitoring team to monitor, identify and document changes in applicable laws.
Research and analyze laws, rules, regulations and other legal and regulatory developments to assess impacts on the firm's products, services and businesses.
Assist at times in participating on cross-functional teams to develop and maintain legal obligations.
Provide written summaries of obligations and changes to existing laws, rules and regulations.
Work collaboratively with Compliance, Risk, and Oversight and Controls teams responsible for Regulatory Change Management.
Send alerts to and/or advise Legal staff, business colleagues, and control partners regarding regulatory changes and required actions.
Produce reports of legal and regulatory changes and, at times, assist with a monthly internal publication that provides an overview of legal and regulatory developments affecting the firm.
Work with technology teams to develop automated monitoring solutions and improve functionality of obligation repository.
Occasional research to support special projects as needed.
JD and at least three years of legal experience, with a litigation or regulatory background preferred
Experience researching and analyzing laws, rules and regulations
Experience within a regulatory change monitoring environment an advantage
Ability to comprehensively and concisely summarize the status of legal developments in a plain and simple manner for distribution to business and legal senior members globally
Detail-oriented, with a structured, disciplined approach
Experience with the financial services industry and/or good knowledge of financial markets
Thorough understanding of the business environment
Excellent oral and written communication skills
Strong interpersonal skills, good team player and ability to prioritize workload
Excel and PowerPoint skills
Analytical, flexible and pragmatic
Cantonese and Mandarin language skills are an advantage
The location for this position is Hong Kong
Attorney must be licensed to practice law and a member in good standing in the state/jurisdiction in which the position is based or otherwise in compliance with the in-house counsel registration rules of that state/jurisdiction.