Job Details

Legal Vice President Assistant General Counsel Asset Based Lending Commercial Bank Law

Company name

JPMorgan Chase & Co,

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Jun 22,2019

Valid Through

Oct 05,2019

Posted on

Apr 02,2019

Years of Experience

Min 5 yrs required

Location

Chicago, IL, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Finance >> Finance - Banking
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Legal – Vice President, Assistant General Counsel - Asset Based Lending - Commercial Bank Law
The candidate responsibilities will include: Transactional support, including analysis and advice on structural and risk issues. Reviewing, negotiating and drafting of credit and collateral documentation, amendments and waivers; drafting, reviewing and negotiating indicative term sheets, proposal and commitment letters, intercreditor agreements and confidentiality agreements. Representing ABL in relationships with other syndicate lenders and borrowers, including providing advice on workout credits. Advising the business on regulatory and compliance policies and issues; conducting legal research; staying current on trends and developments in the asset based lending industry. Supporting and maintaining outside counsel relationships for ABL; coordinating engagement of ABL outside counsel. Maintaining existing and establish new forms of proposal letters, commitment letters and term sheets, credit and security agreements, and other ABL forms. Escalating issues as appropriate and sharing potential concerns, issues, and ideas with functions across the company. Partnering with Risk, Controls, and Compliance colleagues regarding operational and regulatory risk and control issues and the applicability of federal and state law and regulation to the business. Advising the ABL Operations team on questions regarding the booking, funding and servicing of ABL loans in accordance with loan documents. Periodic projects related to new product offerings, marketing, regulatory matters and other business initiatives. Must have JD degree or educational equivalent required with at least 5 years of post-JD practicing experience at a law firm and/or in-house legal department at a large bank or other financial services company. 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. Must have knowledge of the legal and regulatory requirements for asset based, secured lending and an ability to understand the business needs of ABL.

Additional info

Req #: 190021794

Company info

Hiring Coordinator
JPMorgan Chase & Co,
1 Bank 1 Plaza
Chicago, IL 60670

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