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 and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
The Consumer and Community Banking (CCB) Regulatory, Operations & Controls Legal Team (ROC) is responsible for providing legal services to CCB Operations, including collections litigation, collections and recovery, bankruptcy, sworn document processes, tax reporting, escalated customer complaints and third party oversight. The team is also responsible for providing regulatory advice to all CCB businesses and control partners on key consumer protection statutes such as the Fair Credit Reporting Act, Telephone Consumer Protection Act, Fair Debt Collection Practices Act and Unfair/Deceptive Acts and Practices. In addition, the team monitors state and federal law and regulatory developments and leads CCB’s participation in the firmwide Office of Legal Obligations and Legal Regulatory Change Management processes. The CCB ROC team also provides legal support to CCB’s Audit, Compliance, Risk and Controls functions and various firm wide regulatory initiatives, such as the Servicemembers Civil Relief Act and the Remediation Center of Excellence.
The Default Legal Group (DLG), a division within CCB ROC supporting cross line of business collections litigation, collections, bankruptcy, and sworn documents, is seeking an experienced collections litigation attorney to join the DLG’s Collections Litigation Legal Group. The position will work with our business partners to support past and future collections litigation efforts for CCB’s auto and credit card businesses. Auto-focused work will include replevin, repossession, and deficiency balances, while credit card work will focus on the recovery of defaulted loans. The position will assist both lines of business in continually improving the collections litigation process, making strategic litigation decisions, managing escalated cases, and assisting in overseeing outside counsel and internal processes for sworn documents used in collections litigation.
The position may be in Phoenix, AZ; Philadelphia, PA; or Brooklyn, NY.
Duties: The responsibilities of the position include:
Partnering with the Card and Auto lines of business to evaluate, implement, and improve consistent and strategically-sound Collections Litigation practices and procedures;
Evaluating, defining, and drafting collections litigation strategies and business processes;
Managing and interacting with outside collections litigation counsel in all jurisdictions across the country, including providing strategic direction;
Partnering with JPMC’s legal oversight group in supervising outside counsel;
Overseeing the contents and execution of sworn documents used in collections litigation; and
Directly handling and solving escalated collections litigation issues.
At least five years of practicing litigation experience
Experience with state and local rules of civil procedure
Advanced legal research skills
Strong written and verbal communication skills
Strong organizational skills and the ability to drive complex projects
Team player who can collaborate within the Legal Department and with line of business personnel of all seniority levels
Analytical thinker who is independent/self-starter
Ability to thrive in a fast-paced and ever-changing environment
Strong sense of honesty and ethics as an officer of the court
Dedication to protecting the reputation of JPMC throughout the litigation process
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
Working knowledge of FDCPA and related debt collections laws, as well as familiarity with TCPA, SCRA, UDAAP, FCRA, and the Bankruptcy Code
Experience handling a wide range of litigation from small matters to multimillion dollar cases
In-house legal experience, including working with Risk Management, Compliance, and Audit