The JPMorgan Chase Legal Department is responsible for providing comprehensive legal services to the Firm and is organized by practice groups that generally align with the Firm’s lines of business and corporate staff areas. This structure encourages legal teams and businesses and staff areas to discuss legal, regulatory and business developments effectively and in a timely manner.
This Employee Benefits/Executive Compensation attorney position within the Human Resources Law Team of the JPMorgan Chase Legal Department primarily will be responsible for providing legal counsel and strategic advice to the Firm on global benefits and ERISA-related matters. This attorney will assist in both the design and administration of qualified retirement plans, health and welfare benefit plans, related wellness strategies, non-ERISA fringe benefit plans and executive, deferred and equity compensation plans. In addition, this attorney interacts closely with employee pension advisory groups in the Chief Investment Office, and assists with 409A and benefits-related tax issues, and provides support for corporate transactions and benefits litigation.
Either alone or in conjunction with other members of the Human Resources Law Team or other legal colleagues, this attorney will be responsible for the following:
Interacting with, supporting and learning from human resources professionals and plan/claims administrators in plan design, compliance, administration and employee communications
Supporting human resources and investment management professionals on ERISA fiduciary and pension investment issues
Providing practical, business-oriented legal advice to assist the company in meeting legal and compliance objectives while balancing the requirements of various business partners and internal/external stakeholders and plan participants
Supervising outside counsel on benefits litigation effectively and efficiently
Facilitating corporate transactions (such as acquisitions and divestitures) with benefits and executive compensation support
Strategically planning cutting edge benefit programs for a sophisticated employer
Counseling regarding international benefit plans and company-owned life insurance
Advising on executive compensation matters and taxation issues related to executive compensation arrangements (including Sections 409A and 280G of the Internal Revenue Code)
Assisting with compensation-related disclosure and corporate governance matters
Developing written guidance, standard operative procedures, templates and controls for internal clients, as appropriate
Updating the Firm on developments in the benefits space, particularly those affecting a large global financial institution and large employer
- Other duties as assigned
- Licensing. JD or educational equivalent required. Attorney candidates 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;
- Attorney must be licensed to practice law and a member in good standing in in the state/jurisdiction in which the position is based or otherwise in compliance with the in-house counsel registration rules of that state/jurisdiction.
- All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.
- Experience. Should have 10+years of post-JD recent, relevant and broad ERISA/benefits practicing experience in administration and design of retirement plans and health and welfare plans; compliance with benefits and executive compensation laws; benefits issues in corporate mergers and divestitures; benefits vendor agreements; benefits litigation; fiduciary responsibilities; and plan governance, or other relevant experience.
- Will consider candidates with 5+ years of post-JD recent, relevant and broad ERISA/benefits practicing experience at the VP level or 4 years of post-JD recent, relevant and broad ERISA/benefits practicing experience at the AVP level
- Experience in a major law firm, large in-house setting or equivalent required.
- ERISA/benefits law experience with financial services industry a plus; In-house practice with ERISA/benefits issues may be a plus;
- Skills. Ability to research, interpret, and apply state and federal laws and regulations with a view to operational burdens and business objectives.
- Willingness and ability to learn new areas of the law.
- Excellent oral and written communication skills required, including ability to translate complex or technical legal issues into plain English and draft clear employee-facing communications;
- Strong organizational skills and ability to handle high volume and balance and prioritize competing demands in a fast-paced environment;
- Project management skills and background desired;
- Ability to develop and maintain client relationships required; must be strong influencer and collaborative team player;
- Ability to conduct efficient legal research and competency in Microsoft Word and LEXIS/Westlaw required;