Assistant General Counsel, International Fiduciary Services Trust - J.P. Morgan Chase (New York, NEW
Posted: Saturday, April 20, 2013 1:53 PM
International Fiduciary Services Trust Lawyer Position Description JPMorgan Chase Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. This common law lawyer, who should have a minimum of ten years of legal experience addressing international and geographically diverse trust-related legal issues, will be a member of the JPMorgan Chase Co. ("JPMC") Legal Compliance Department providing legal advice to the Global Wealth Management, International Fiduciary Services ("IFS") trust officers currently conducting international fiduciary services through J.P. Morgan Trust Company (Bahamas) Limited, J.P. Morgan Trust Company of Delaware; J.P. Morgan Trust Company (Cayman) Limited; J.P. Morgan Trust Company (New Zealand) Limited; and J.P. Morgan (Suisse) SA. The lawyer will also be responsible for providing legal advice in respect of directed trusts governed by the laws of Delaware, Illinois and Nevada. This lawyer, whose clients will include members of the JPMC Compliance Department, will interact with, and engage, local counsel when required, identify legal issues and obligations, and interpret and apply the laws and regulatory requirements of multiple international jurisdictions that impact IFS trust administration. The IFS trust lawyer's responsibilities related to advising JPMC legal entities and their officers with respect to international trust administration will include: researching, interpreting, and applying substantive trust and tax laws as they relate to product development and product management; drafting General Terms and Conditions, similar to those used by the J.P. Morgan Private Bank, in the on-boarding of new clients and the opening of new accounts; advising on complex, sophisticated new business proposals; counseling with respect to doing business/licensing issues; engaging in reviews and amendments of service level agreements; and drafting letters of direction, client consents/disclosures, and other client communications. Other responsibilities of the IFS trust lawyer will be: the maintenance and amendment of template trust agreement(s); conducting document reviews; advising on liability protection afforded to JPMC entities, as trustee, under various jurisdictions' laws; analyzing and advising on international jurisdictions' laws related to issues of privacy, confidentiality, and internal sharing of information; advising on cross-border residence and tax issues; counseling regarding discretionary actions under the terms of governing trust instruments or other applicable laws; and assisting in responding to client complaints and providing litigation support.
• Location: Manhattan
• Post ID: 35900016 newyork