JP Morgan Chase & Co.

Early Payment Discount Program Lead -Vice President

JP Morgan Chase & Co. • $150K — $180K *
Columbus, OH 43240In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Strong knowledge of procure-to-pay, invoicing, and payment processes.
  • Strong analytical and problem-solving skills, including the ability to evaluate data across multiple systems.
  • Demonstrated experience in root cause analysis and driving continuous improvement initiatives.
  • Strong written and verbal communication skills with an ability to influence stakeholder adherence to processes.
  • Proven track record of managing multiple deliverables effectively while meeting deadlines.
  • Intermediate to advanced proficiency in Microsoft Excel, Word, and PowerPoint.

Responsibilities

  • Partner with Sourcing, Procurement, and Payment Operations to optimize supplier setup for early payment discount capture.
  • Influence line-of-business processes for timely invoice submission and approvals to reduce missed discounts.
  • Analyze data to identify discount leakage, root causes, and prioritize opportunities for improvement.
  • Translate analytical findings into actionable plans with assigned owners and timelines.
  • Define and produce program key performance indicators, dashboards, and recurring reporting.
  • Prepare updates for senior stakeholders, focusing on outcomes, risks, and necessary decisions.
  • Support operational activities for refunds and true-ups as required.

Benefits

  • Opportunity to make a measurable impact within the organization.
  • Collaboration across various teams and with senior stakeholders.
  • Exposure to process and technology enhancements in a global context.
Full Job Description
JOB DESCRIPTION

Make a measurable impact by improving how supplier invoices flow through to payment—so the firm captures more early payment discounts. You’ll use data-driven insights to reduce discount leakage and partner across teams to implement sustainable process and technology changes.

Job summary

As an Early Payment Discount Program Lead -Vice President, you will partner with Sourcing, Procurement, line-of-business stakeholders, and Payment Operations to ensure suppliers with early payment discount terms are set up and managed to maximize discount capture. You’ll combine program execution with analytics across platforms to identify leakage and translate findings into prioritized action plans, while coordinating end-to-end delivery of process and system enhancements with product and technology partners.

 

Job responsibilities

  • Partner with Sourcing, Procurement, and Payment Operations to optimize supplier setup for early payment discount capture (terms, payment channel readiness, and controls)
  • Influence line-of-business processes to improve timely invoice submission and approvals and reduce missed discounts
  • Analyze data across platforms to identify discount leakage, root causes, and priority opportunities
  • Translate analytical insights into action plans, owners, and timelines to improve discount capture
  • Define and produce program key performance indicators, dashboards, and recurring reporting
  • Prepare clear updates for senior stakeholders, highlighting outcomes, risks, and decisions needed
  • Support select operational activities to facilitate refunds and true-ups when required
  • Drive system and process enhancements by defining requirements and coordinating testing and business sign-off
  • Coordinate delivery across global stakeholders and time zones to ensure consistent execution

 

Required qualifications, capabilities, and skills

  • Strong knowledge of procure-to-pay, invoicing, and payment processes
  • Strong analytical and problem-solving skills, including ability to evaluate data across multiple systems
  • Demonstrated experience performing root cause analysis and driving continuous improvement
  • Strong written and verbal communication skills, with ability to influence process adherence across stakeholder groups
  • Proven ability to manage multiple deliverables, prioritize effectively, and meet deadlines
  • Intermediate to advanced proficiency in Microsoft Excel, Word, and PowerPoint

 

Preferred qualifications, capabilities, and skills

  • Operations experience in invoicing and payments
  • Experience applying process improvement methodologies
  • Experience partnering with cross-regional teams across time zones
  • Familiarity with SAP and/or invoice and payment platforms used in payment operations
  • Experience using AI tools to support analysis, reporting, or workflow efficiency

 

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.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

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
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at JP Morgan Chase & Co.

More Finance & Insurance Jobs

Find similar Early Payment Discount Program Lead -Vice President jobs:

NationwideColumbus, OH