EMEA Payments Legal Team - Lawyer - Vice President

A part of the Commercial & Investment Bank, J.P. Morgan Payments enables organisations of all sizes to execute transactions efficiently and securely, transforming the movement of information, money and assets. We tackle complex challenges at every stage of the payment lifecycle and our industry-leading solutions facilitate seamless transactions across borders, industries and platforms. Operating in over 160 countries and handling more than 120 currencies, we are the largest processor of USD payments, with a daily transaction volume of $10 trillion. The Payments Business employs more than 14,000 staff in over 60 countries around the world.

As an EMEA Payments Legal Team - Lawyer - Vice President in EMEA Payments Legal Team you will work with partners across Payments and in other functional areas such as Risk, Credit and Compliance to achieve and support the strategic business objectives of the Payments Business. We are looking for a specialised Payments lawyer with a track record in covering EMEA payments products to join our team in London.

• 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

• 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

• English required – other languages may be helpful but are not necessary