Payments Networks Strategy Senior Associate

Posted 7 Days Ago
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New York, NY
Hybrid
3-5 Years Experience
Financial Services
The Role
Shape the future of payment strategy, collaborate with key stakeholders, develop consumer bank and small business payments strategies, and support strategic partnerships and external advocacy at major payment networks.
Summary Generated by Built In

Job Description
Shape the future of our payment strategy as a strategic thinker, collaborating with key stakeholders across various divisions. On the Payments Networks Strategy & Advocacy team you'll have the opportunity to develop consumer bank and small business payments strategies. Our team supports the identification and development of strategic partnerships, while sharing JPMC's external advocacy approach at major payment networks and rails.
As a Payments Networks Strategy - Senior Associate in the Payment Networks Strategy & Advocacy team, you will play a crucial role in determining the future of JPMorgan Chase & Co.'s payment strategy. You will collaborate closely with key stakeholders across the Consumer and Community Banking and Corporate and Investment Bank to formulate consumer bank and small business payment strategies, inform JPMorgan Chase & Co.'s external advocacy approach at major payment networks, and assist in the identification and development of strategic partnerships. This role provides the chance to impact the progression of the payments industry and contribute to the transformation it is currently undergoing.
Job responsibilities

  • Inform the strategy for Chase payments products, services, capabilities and networks
  • Help influence and inform Chase payments and networks strategy in response to regulatory, legislative, and governing body rule changes
  • Help develop the ongoing advocacy strategy for the firm across key consumer payments and banking related legislative and regulatory issues
  • Partner across the firm to ensure alignment between retail and wholesale team agenda and objectives
  • Work with key stakeholders (business, legal, risk, product, government relations) across CCB and CIB to identify, raise, discuss and resolve paths forward on key payments topics
  • Assist with the development and presentation of briefings on priority topics for senior leaders
  • Stay aware of developments domestically and overseas related to traditional payment networks and across alternative payment methods, like real-time payments
  • Help identify key strategic partners and negotiate winning partnerships that support and deliver customer value


Required qualifications, capabilities, and skills

  • Minimum of 3 years of experience in strategy consulting, corporate strategy, payments products (card, digital payments, etc.), startups (FinTechs), finance, or similar roles
  • Bachelor's degree; excellent academic credentials / GPA
  • Passion for the payments industry and the transformation it is undergoing and the challenges it faces
  • Strong interpersonal and communication skills
  • Excellent analytical skills and ability to structure complex problems
  • Intellectual curiosity and ability to learn new subjects quickly
  • Ability to operate in ambiguity and grey area, and bring a structured approach
  • Open, collaborative, team-oriented operating style
  • Strong influencing and partnership / collaboration skills to drive cross-functional teams
  • Proficient MS Excel and PowerPoint skills


For this particular role, we are unable to sponsor any type of work visa including but not limited to H1B, H4 - EAD, OPT, E-3, TN, or L visas.
This role is not a remote position and does not have a relocation allowance tied to it, so all candidates must be local to New York, NY or willing to relocate on their own immediately upon hiring.
Candidates must be able to physically work in our 277 Park Ave. office 3 days a week and remotely from home 2 days per week. The specific hybrid schedule will be determined by direct management.
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About Us
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
The Strategy team manages mission-critical projects ranging from developing growth strategies, to assessing and planning entry into new markets, to implementing organizational restructurings and operational efficiencies, and more. Projects are typically team-based and include close collaboration with senior executives.

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JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

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