JPMorgan Vet Matt Zames Tapped as Unpaid Advisor to Social Security Agency
Former JPMorgan Chase executive Matt Zames has been tapped as an unpaid advisor to the Social Security Administration (SSA) under the Trump administration. Zames, a former chief operating officer at JPMorgan, is expected to begin his role on Monday at the SSA's Baltimore headquarters.
Zames brings a track record of cost discipline and technology deployment from his tenure at JPMorgan, where he led large-scale initiatives designed to streamline operations. His advisory role is unpaid, suggesting a mission-driven focus rather than financial incentive.
The modernization mandate at the SSA could encompass areas such as digital service delivery, claims processing efficiency, and back-office technology upgrades. Given Zames's history with cost-cutting programs at JPMorgan, his involvement may signal a data-driven review of agency processes and potential restructuring of technology contracts.