Assistant General Counsel - Asset Management - Vice President

JPMorgan Chase & Co. • Chicago, IL

3d • $156,750 - $242,000

About The Position

As a Vice President, Assistant General Counsel on the J.P. Morgan Asset Management Americas Institutional team, you will provide legal support to an institutional asset management platform and the broader global asset and wealth management business. The role covers formation of new private funds and maintenance of existing funds, as well as institutional asset management matters including client contracting and distribution support. You will apply expertise in private funds and investment management law, including relevant regulations and investment advisory guidance, and help guide tactical and strategic business initiatives in a dynamic business environment.

The Legal Department manages legal and other risks, advises on products and services, interprets laws and regulations affecting the firm, and provides counsel on other matters. The global team includes 2,100 lawyers and legal professionals and emphasizes trusted advice, safeguarding the firm, inclusion, and professional growth.

The position works with business partners and colleagues across legal, compliance, risk, product strategy and development, finance, marketing, and portfolio management. It also includes managing outside counsel, supporting institutional client diligence and special projects, and coordinating with other Asset and Wealth Management divisions as needed. Candidates must be licensed to practice law in the country of employment and successfully complete a conflicts-of-interest clearance review before employment begins.

Requirements

• Juris Doctor degree.
• At least 5 years of relevant law firm experience.
• Private funds experience, including fund formation and lifecycle events.
• Experience negotiating side letters and other investor terms.
• Knowledge of investment management legal issues, including pertinent regulations and guidance on investment advisory matters.
• Knowledge of relevant laws, such as the Investment Advisers Act.
• Knowledge of the Securities Act of 1933 and the Securities Exchange Act of 1934 in relevant contexts.
• Demonstrated legal analytical, drafting, and negotiation skills.
• Strong interpersonal, verbal and written communication, and organizational skills, with the ability to serve as a trusted advisor to business partners or clients.
• Ability to work independently, prioritize multiple projects, and manage competing deadlines effectively.
• Proactive, responsive, dynamic team player with a solutions-oriented mindset and strong judgment.
• Licensed to practice law in the country of employment.
• Successful completion of a conflicts-of-interest clearance review prior to commencement of employment.

Nice To Haves

• In-house experience supporting an asset management or investment management business.
• Experience with institutional separately managed accounts, sub-advisory arrangements, and complex client negotiations.
• Understanding of ERISA and the Bank Holding Company Act.
• Experience with the Investment Company Act.
• Familiarity with the Securities and Exchange Commission marketing rule and related advertising and solicitation considerations.
• Experience advising on tokenized investment products and related legal and regulatory considerations.
• Experience supporting cross-border matters, including matters with Europe, Middle East and Africa, and Asia Pacific nexus.

Responsibilities

• Provide legal advice and counsel to the J.P. Morgan Asset Management Americas Institutional business across institutional products and client matters, including private funds, equities, and separately managed accounts.
• Provide legal support and advice regarding private funds, separately managed account mandates, funds-of-one, sub-advisory arrangements, and other products and solutions.
• Advise on legal and regulatory issues relating to the formation, structuring, and management of investment products.
• Draft, review, and negotiate investment management agreements, side letters, and other contracts.
• Provide distribution-related legal support, including partnering with stakeholders on product positioning, regulatory considerations, and client communications as appropriate.
• Work with the Legal Department and control functions such as compliance and risk to identify, escalate, and resolve issues, coordinating across regions as needed.
• Participate in business committees and collaborate with colleagues across product strategy and development, finance, marketing, portfolio management, compliance, risk, and Legal.
• Oversee outside counsel, including engagement scope, spend management, and quality control.
• Coordinate with other divisions within Asset and Wealth Management as needed.
• Support institutional client diligence, including due diligence questionnaires and requests for proposal.
• Support special projects and cross-business initiatives, including coverage outside core product areas as needed.
• Perform additional duties as assigned to provide high-quality legal support.

Benefits

• Competitive total rewards package with base salary determined by role, experience, skill set, and location.
• Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Ph.D. or professional degree