Payments Negotiations Attorney

3 days ago

Chicago, Illinois, United States JPMorgan Chase Full time $180,000 - $250,000 per year

Are you ready to make a significant impact in the world of payments? At JPMorgan Chase & Co, we offer you the opportunity to provide strategic guidance on client contract negotiations that are critical to our clients' success. As part of our Payments Legal Team, you will collaborate with legal partners and key personnel to enhance negotiation practices and implement cutting-edge technological solutions. If you are intellectually curious and passionate about driving solutions, this role is your chance to shine. Join us and be part of a global team of thought leaders who deliver best-in-class services.

As a Payments Negotiation Attorney in the Payments Legal Team, you will provide transactional and strategic legal support for client contract negotiations in wholesale payments. You will collaborate with us to enhance negotiation practices and implement technological solutions, creating a best-in-class contracts negotiations legal practice. You will have the opportunity to work with a dynamic team that values inclusivity and career growth. Together, we will safeguard the integrity of the firm while helping our clients succeed.

At JPMorgan Chase & Co, the Legal Department manages risks, advises on products and services, and interprets laws and regulations that impact the firm.  Our global team of 2,000 lawyers and legal professionals has a reputation as thought leaders who deliver best-in-class services. As trusted advisors, we help the firm's clients while also safeguarding the integrity of the firm.  We value inclusivity and career growth, offering a dynamic environment for those who share our commitment to excellence. 

Key responsibilities

  • Draft and negotiate a wide range of documentation for Wholesale Payments.
  • Advise businesses on transaction structures, and legal and regulatory issues.
  • Coordinate with product counsel and other legal teams to maintain agreement templates, negotiation playbooks, and negotiation technology tools. 
  • Ensure customer-facing documentation is clear and compliant with applicable laws and regulations.  

Required qualifications and skills 

  • Illinois licensed attorney with at least five (5) years' experience with a major law firm, financial institution, or judicial clerkship
  • Proven and effective negotiation skills and ability to communicate with internal and external customers.
  • Understanding of banking laws, including UCC Articles 4 and 4A.
  • Excellent organization and time management skills.

Preferred qualifications, capabilities, and skills 

  • Knowledge of wholesale payments products and services.
  • Experience working with merchant service processors/providers.
  • Experience with commercial card products.
  • Understanding of  FinTech and third party payment processors and applicable laws and regulations.
  • Familiarity with healthcare payments and HIPAA regulations.

All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.

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