Paralegal III - Control Functions Legal - JPMorgan Chase & : Job Details

JobID: 210567110

Category: Law Support

JobSchedule: Full time

Posted Date: 2024-11-01T00:52:00+00:00

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Are you a collaborative paralegal looking to take your career to the next level? Join the Control Functions Legal team, which provides legal support to the Consumer and Community Bank (CCB) Control Functions, including Control Management, Compliance, Risk, and Audit. Our team also monitors, analyzes, reports, and advises on legal and regulatory changes for all CCB lines of business, such as Auto Finance, Business Banking, Card Services, Consumer Banking, Product & Experience, Connected Commerce, Home Lending, JPMorgan Wealth Management, and associated operations.

As a Paralegal III on the Control Functions Legal team, you will be a key contributor to CCB's legal and regulatory change management process. You will prepare and publish the weekly Legal Updates Report, which is shared with the entire CCB Legal Department. Your attention to detail will be crucial as you review technical details in Regulatory Events, maintain the accuracy of our monitoring methods, and generate regulatory development metrics. You will facilitate communication and coordination within CCB Legal by preparing and sharing information about audits, compliance tests, regulatory exams, and new business initiatives. This dynamic role offers a unique opportunity to work closely with attorneys, contribute to high-impact projects, and develop a deep understanding of the laws and regulations that impact a leading financial institution.

The Legal Department at JPMorgan Chase & Co. manages legal and other risks, advises on products and services, interprets laws and regulations that impact the firm, and advises the firm on other matters. Our global team is made up of 2,000 lawyers and legal professionals with a reputation as thought leaders who deliver best-in-class services. As trusted advisors, we help the firm's clients while also safeguarding the integrity of the firm. We are committed to a culture of inclusivity and belonging, where people can grow and succeed throughout their careers while working for a first-in-class financial institution doing cutting-edge work. If these values resonate with you, we would like to hear from you.

Job responsibilities

* Prepare and Publish Weekly Legal Updates Report to keep the CCB Legal Department informed of recent regulatory developments.

* Submit state law regulatory developments to the Office of Legal Obligations (OLO) for Regulatory Event Notice (REN) consideration and review and communicate outcomes to the team manager.

* Create reports and metrics on regulatory developments to help the team identify trends and make informed decisions.

* Conduct initial reviews for confidential supervisory information (CSI) and apply necessary redactions under the supervision of an attorney.

* Prepare and circulate calendars for upcoming audits, compliance tests, and regulatory exams, and report on new business initiatives to relevant stakeholders.

* Provide other support to the team and our clients, including assisting the team with special research projects and preparing responses to inquiries from regulators, internal audit, and compliance.

* Work with an engaged and collaborative team.

Required qualifications, capabilities, and skills

* Minimum 3 years of paralegal experience.

* Excellent analytical and legal research skills.

* Strong written and oral communication skills.

* Able to work effectively both independently and as part of a team; takes ownership of responsibilities, collaborates well, and proactively solves problems.

* Ability to multitask and prioritize work intelligently in a fast-paced, complex business environment.

Preferred qualifications, capabilities, and skills

* Experience or interest in consumer banking, financial services regulations, and/or financial services litigation.

* Knowledge of state legislative and regulatory processes.

* Experience with regulatory compliance preferred.

* Experience with Westlaw or similar services.

* Knowledge of artificial intelligence / large language model prompt engineering.

* Technological mindset/background and a willingness to learn.

* Comfort working with Excel.

All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.