Executive Director, Assistant General Counsel- Bankruptcy and Restructuring

J.P. Morgan; New York (NY); On-site; USD 210,000 - 315,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a seasoned Bankruptcy & Restructuring Attorney in New York to support federal and state insolvency proceedings, out-of-court restructurings, and all bank products affected by borrower distress.

You will work with senior legal and business leaders to devise pragmatic strategies across workout situations and provide risk-focused guidance to the business. This role offers broad visibility and cross-functional collaboration within the Legal team.

Qualifications

• Licensed attorney with at least 10 years of legal experience.
• Excellent verbal and written communication skills.
• Experience advising banks and lending institutions in this practice area.
• Ability to work autonomously while being a collegial team player.
• Capacity to pivot between priorities and see matters through to completion.
• All candidates must complete conflicts of interest clearance prior to commencement.

Responsibilities

• Advise Special Credits and other business partners regarding out of court restructurings, liability management agreements, restructuring support 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.

Skills

Excellent communication

Autonomous work style

Team collaboration

Time management

Education

Juris Doctor (JD)

Job description

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.

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

With large, global operations, the Legal team tackles complex issues and helps shape the regulations that affect the businesses. The group is organized into practice groups that align with the lines of business and corporate staff areas, which encourages collaboration on legal, regulatory and business developments as they arise.

Join our legal team as a Bankruptcy and Restructuring Attorney!