JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 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 Legal Department of JPMorgan Chase & Co 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. This structure facilitates the communication of legal and regulatory changes by the legal team to the businesses and the communication by the LOBs of business developments to the legal teams in a timely manner.
Position available for an experienced attorney to support the JPMorgan Asset Management Alternatives businesses with primary focus on the Alternatives Solutions and Private Equity groups. With current AUM of approximately $130 billion, the JPMorgan Alternatives platform is comprised of eight distinct lines of business and spans virtually all alternatives’ strategies and asset classes. It is an opportunity to work with an exciting, demanding and growth business.
The individual will be responsible for providing day-to-day legal coverage to the businesses referenced above. This will include both the creation of new funds and the maintenance of existing funds. The individual should have private fund expertise and in-depth knowledge of investment management legal issues, including pertinent regulations and guidance on investment advisory issues. The individual should have excellent interpersonal skills in order to participate in business committees and work with personnel from all areas of the business including, product strategy and development, treasury, marketing, risk, compliance and portfolio management. Strong writing and organizational skills are also critical.
Roles and Responsibilities:
Provide legal support for the JPMorgan Asset Management Alternatives businesses.
Legal support and advice to be provided across private funds, segregated account mandates, funds-of-one, carried interest vehicles and other products that relate to the Alternatives businesses.
Advise the business on a wide range of legal issues relevant to the formation and maintenance of fund products, negotiation of side letters, legal and regulatory matters as they relate to funds and separately managed accounts, as well as transactional work for such products.
Work closely with other members of the Legal Department and other control functions (e.g., Compliance, Risk Management) both within the U.S. and globally to identify and resolve issues.
Coordinate as needed with other divisions of Asset & Wealth Management.
Provide legal support for special projects and cross-alternatives initiatives.
All other duties as necessary or assigned to provide high caliber line of business legal support.
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.
All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.
7+ years of relevant post-JD practicing experience in a law firm, asset management firm, financial institution or comparable experience. Knowledge of investment management legal issues, including pertinent regulations and guidance on investment advisory issues, required.
Knowledge of relevant laws (e.g. Investment Advisers Act, Investment Company Act, AIFMD, etc.) required, and an understanding of ERISA and the BHCA strongly preferred.
Excellent document drafting skills required.
Strong interpersonal, analytical, problem-solving and organizational skills.
Strong verbal and written communication skills.
Ability to work independently.
Ability to be a proactive, dynamic member of a team.
Familiarity/experience with asset management business preferred.