Join the Bankruptcy & Restructuring Legal Team to support the Commercial and Investment Bank in connection with federal and state insolvency proceedings, out of court restructurings and all bank products impacted by financial distress of borrowers/clients. You’ll work side-by-side with senior legal and business leaders to devise strategies and pragmatic solutions in a variety of workout situations. This role offers meaningful visibility, broad collaboration across the Legal department on insolvency related projects, and the opportunity to educate and advise the business regarding lessons learned and future risk prevention.
As a member of the Bankruptcy & Restructuring Legal Team within the Commercial and Investment Bank, you will support federal and state insolvency proceedings, out of court restructurings and all bank products impacted by financial distress of borrowers/clients.
Job responsibilities:
- Advise Special Credits and other business partners regarding out of court restructurings, liability management transactions, restructuring support agreements, cooperation agreements, forbearance arrangements, waivers and reservations of rights notices.
- Oversee court proceedings under the Federal Bankruptcy Code, including with respect to cash management arrangements, debtor in possession financings, automatic stay related issues, asset sales, plan confirmation, liquidation related issues, avoidance actions and proofs of claim.
- Provide counsel on cross border insolvencies, including proceedings under Chapter 15 of the Bankruptcy Code and regarding state court insolvency proceedings, including assignments for the benefit of creditors and receiverships.
- Collaborate with other members of the Legal Department, including Litigation, Credit Trading and Line of Business Legal, in connection with all of the above.
- Manage external counsel as required.
Required Qualifications, Capabilities and Skills:
- Licensed attorney with at least 10 years of legal experience.
- Excellent verbal and written communication skills.
- Experience advising banks and other types of lending institutions in this practice area.
- Ability to work autonomously while being a collegial team player who brings a positive attitude to the workplace and works collaboratively with other members of the Legal team and with internal clients.
- The ability to pivot between priorities and have the perseverance and patience to see a matter through to completion.
- All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Skills Required
- Licensed attorney
- At least 10 years of legal experience
- Experience advising banks and other lending institutions in bankruptcy and restructuring matters
- Excellent verbal and written communication skills
- Ability to work autonomously and collaboratively with legal teams and internal clients
- Ability to manage shifting priorities and see matters through to completion
- Successful conflicts of interest clearance review before employment
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
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Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
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Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, 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. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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