Matt Zames is taking an unpaid position to help his former JPMorgan colleague Frank Bisignano tackle modernization of the SSA, CNBC has learned.

Matt Zames is taking an unpaid position to help his former JPMorgan colleague Frank Bisignano tackle modernization of the SSA, CNBC has learned.

Matt Zames, a former JPMorgan Chase COO, will help Commissioner Frank Bisignano modernize the agency's decades-old technology systems