JP Morgan Chase & Co.

Corporate Development Dining and High Net Worth- Associate

JP Morgan Chase & Co.$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • 2-4 years of experience in partnership and strategy execution
  • Proficiency in business strategy formulation and analysis
  • Strong analytical skills with experience in financial modeling
  • Ability to work independently in ambiguous environments
  • Excellent communication skills for stakeholder engagement and proposal drafting
  • Experience in relationship-building across various departments

Responsibilities

  • Support negotiations and execution of key partnerships to meet business objectives
  • Develop partnership strategies in collaboration with lines of business
  • Create tailored partner proposals encompassing vision and economic terms
  • Collaborate with finance and legal for financial and contractual negotiations
  • Translate business goals into precise commercial terms and lead contract reviews
  • Monitor competitive trends to identify partnership opportunities
  • Manage full lifecycle of partnerships from sourcing to performance evaluation

Benefits

  • Opportunities for professional growth in a strategic role
  • A collaborative and innovative environment
  • Influence over high-profile partnerships impacting customer experiences
  • Engagement with cross-functional teams and external partners
  • Exposure to complex business negotiations and strategic decision-making
Full Job Description
JOB DESCRIPTION

As an Associate on the Corporate Development Dining and High Net Worth team in the Consumer & Community Bank (CCB), you willthink strategically, build and leverage relationships with cross-functional teams, and find ways to manage, execute and deliver on key partnerships. You are innovative, forward-thinking, analytical, and comfortable working in a fast-paced environment. In this role you will have the exciting opportunity to oversee important partnerships and strategies in Dining and High Net Worth 6 spanning across various LOBs and impacting our customer facing experiences and card benefits.You will work strategically to deepen relationships with existing partners, and identify new partners to enhance dining and high net worth benefits and capabilities. You have hands-on industry experience, can support partnership deals end-to-end in a cross functional environment, balancing the needs of stakeholders, and understand what drives the best economics and outcomes in travel partnerships.

The Corporate Development team at Chase is responsible for the partnerships and strategies at the heart of the most important business decisions across the consumer franchise. Within Corporate Development, the Dining and High Net Worth team is responsible for end-to-end negotiations with both existing strategic partners and future prospects. The partnerships the team works on are critical tomeet the needs of our customers in a rapidly changing and competitive environment and we seek individuals who bring deep knowledge of partnership economics, distribution, inventory, loyalty, and contracting to secure market-leading deals.

JobResponsibilities:

  • Support cross-functionally within Chase and with external partners to identify, negotiate, and execute key partnerships that drive business results and support the business strategy, including direct negotiations with partners from strategy through term sheet, redlines, and execution
  • Collaboratively develop partnership strategy with the lines of business, including identifying key elements of the strategy, completing analysis, and making recommendations
  • Structure and deliver specific partner proposals with the lines of business, including overall vision, partnership economics, and product integration
  • Work in conjunction with finance, legal and other functional partners to develop financial business case, deal constructs and other key terms associated with partnerships
  • Translate business objectives into clear commercial and contractual terms (e.g., SLAs, KPIs, performance thresholds, termination and renewal rights, data use/privacy) and leading contract review and negotiation
  • Be a thought leader; monitor external environment for important competitive developments and identify potential partnership opportunities and socialize implications with key LOB stakeholders
  • Support the full lifecycle of dining and high net worth partnerships, from opportunity identification and sourcing, through negotiation and contracting, to launch and post-deal performance management, setting clear KPIs and governance to ensure sustained value.
  • Operate autonomously and proactively: develop negotiation strategies, prepare term sheets, engage in partner conversations, and propose data-driven recommendations
  • Ensure all partnerships are executed in accordance with policies, controls, key functional partners, and Corporate Development procedures

Required qualifications, capabilities, and skills:

  • Bachelors degree
  • 4-6 years of experience with partnership, strategy, and deal execution
  • Experience formulating business strategy, including structuring problems, completing analysis, and making recommendations
  • Deep analytical skills, including understanding of common financial statements and ability to build financial models in Excel
  • Ability to work independently and quickly adapt to new or ambiguous situations without significant assistance
  • Exceptional written and oral communication skills and ability to communicate with senior internal and external stakeholders, including drafting persuasive business cases, term sheets, and negotiation briefs, and presenting clear recommendations.
  • Comfort working across departments and lines of business within large organizations and fostering long-term relationships

Preferred qualifications, capabilities and skills:

  • Deep industry expertise and knowledge of evolving trends

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

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Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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