Address
Form of workAbout J.P. Morgan Payments
J.P. Morgan Payments is one of the world's largest providers of treasury management services. J.P. Morgan Payments business is a full-service provider of innovative cash management, trade, liquidity, commercial card, and escrow services - specifically developed to meet the challenges treasury professionals face today. More than 135,000 corporations, financial institutions, governments, and municipalities in over 180 countries and territories entrust their business to J.P. Morgan. Cross Border Payments is one of JPMorgan's strategic areas of growth. Cross Border Payments sits within the J.P Morgan Payments division and works closely with JPMorgan's Markets franchise for FX execution.
The J.P. Morgan Payments Cross Currency Payments Organization is focused on modernizing, scaling and integrating Cross Border payments platforms across the Corporate and Investment Bank and Commercial Banking. We are evolving the product strategy, develop solutions, manage product launches, and enable the sales teams to deliver innovative solutions for our clients.
The Cross-Currency (FX) payments landscape is continuing to evolve - clients now demand simple and cost-effective payment methods for complex International payment requirements. Alternate channels like mobile disbursements, International FXACH, wallets etc. are now contributing a significant portion of the overall International payment traffic. The business is focused on development of alternate channels network (both in-house and through Global Partners) is one of the most important cornerstones, as we continue to broaden our FX payments product and support our clients.
Job Responsibilities
The CIB (Corporate & Investment Bank) Finance & Business Management team is looking for a Cross-Currency Payments Business Manager, Associate to play a crucial role in driving the growth of the Cross Currency Payments solutions. Cross-Currency Payments and global payments are critical drivers of the international growth agenda for the global Payments business and the greater Corporate and Investment Bank / Commercial bank LOB. This is a tremendous opportunity to work together with Product, Sales, Operations, Client Service & Implementation and Technology functions to develop and launch the most innovative solutions for Corporates, eCommerce, Banks, Fintechs/Payment Intermediaries.
Business Management optimizes business performances by helping to drive key initiatives. We act as trusted advisors and counterweight to Business/Group Heads, and are responsible for identifying, escalating, and mitigating business risks. The role of a business manager is dynamic and can vary from business to business, in line with the priorities of the different lines of business.
This is a time-pressured and high-profile position which is instrumental in assisting/advising senior management and in coordinating the deployment of the bank's corporate resources to address strategic and tactical objectives.
The main aim of a Business Manager is to:
- Implement new business strategy, strategic initiatives or platforms, including aligning department and support groups (Finance, Tech, Ops, Legal, Compliance)
- Optimize 'bottom line' business performance by driving key initiatives (fees, cost base, RWA and capital utilization)
- Identify, escalate and mitigate business risks that could impair our ability to do business: e.g. legal, tax, regulatory, capacity issues, extraordinary transaction costs
- Analyze financial performance, including expenses; identify productivity initiatives and drive implementation
- Partner with the business, Operations and Technology in the definition of future workflows and implementation of related technology and infrastructure projects to prepare the business to meet the requirements of an ever evolving market structure
- Partner with the relevant external service/ infrastructure providers
- Business representation in respective internal/external working groups
Required Qualifications, Skills and Capabilities
- Bachelor's degree in Business, Finance, Economics, or other related area
- Previous product knowledge and/or prior Business Management or COO experience
- Energetic and dynamic in style
- Highly motivated self-starter with excellent time management/prioritization skills
- Present well to senior and global business heads
- Able to forge strong internal relationships across a broad range of functions
- Self-motivated, tenacious and able to work with high degree of independence
- Excellent written and oral communication skills
- Able to both define and deliver to conclusion a strategic agenda across multiple groups
- Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
- Excellent project management and organizational skills
- Attention to detail with logical thought process
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
