Job responsibilities
- Interpreting client needs and Payments documentation requirements from information provided by internal business partners
- Negotiate standard and customised Payments contracts that minimise the risk to the business through strict adherence to policies, procedures, and regulatory requirements
- Review and advise on new business initiatives, product development and product risk reviews relating to Payments including new jurisdictions and locational strategy
- Advise on legal and regulatory issues affecting Payments products and issues affecting particular client-types including regulated entities such as financial institutions, non-bank financial institutions, pension funds and insurance firms
- Assist with drafting Payments documentation for, and project managing, client remediation programs
- Advise the business on legal risks associated with strategic initiatives in Payments
- Advise on Payments legal entity strategy and regulatory matters governing the bank’s cross-border activity
- Represent the Payments Business in industry and regulatory change forums as appropriate
- Provide the business with Payments regulatory advice across multiple EMEA jurisdictions
- Draft and review policies, procedures and other documents related to Payments regulatory compliance and business operations
- Develop standard agreements for Payments products and services
- Provide guidance to Payments product, documentation, client service, implementation and operations units
- Coordinate and manage engagement of external counsel
- Liaise closely with Compliance and other stakeholders across the bank
Required qualifications, capabilities, and skills
- A qualified lawyer with minimum 4 years PQE in England and Wales (or equivalent qualifications in other common law jurisdictions) and relevant experience gained within private practice and/or financial institution(s)
- Payments experience / exposure, including knowledge of regulation impacting this line of business
- The ability to foster strong working relationships with stakeholders and internal clients and the ability to become a “trusted adviser” to the business that we support
- Pragmatic with the ability to strike appropriate balance between achieving the commercial goals of the business while protecting the interests of J.P. Morgan as a whole
- Strong team player with the ability to work within a team of lawyers, coupled with the ability to work independently on transactional matters, as required
- Confident and proactive with excellent verbal and written communication skills
Preferred qualifications, capabilities, and skills
- English required – other languages may be helpful but are not necessary