JP Morgan Chase & Co.

Payments- Commercial Card Pricing Strategy- Senior Associate

JP Morgan Chase & Co.$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of pricing and valuation experience in the Commercial Card Business
  • Strong grasp of the competitive dynamics in the Payments Industry
  • Deep understanding of income statements, credit risk, and capital management
  • Proficient in financial analysis and pricing techniques
  • Capable of financial forensic analysis to resolve data discrepancies

Responsibilities

  • Collaborate with multiple teams to develop deal-specific pricing strategies
  • Manage the end-to-end pricing process for deals, ensuring accuracy and compliance
  • Work closely with Sales, Account Management, Legal, and Operations teams
  • Conduct ad hoc analyses related to pricing and overall strategy
  • Foster strong relationships with internal clients and colleagues
  • Lead initiatives to evaluate product development and new pricing concepts

Benefits

  • Comprehensive training and professional development programs
  • Opportunities for cross-functional collaborations
  • Exposure to strategic decision-making processes across business units
  • Chances to work on innovative pricing constructs
  • Dynamic work environment that values client success
Full Job Description
JOB DESCRIPTION

Drive impactful growth and client success as a Commercial Card Pricing Strategy Associate, where your expertise in financial analytics and consultative pricing shapes winning strategies and directly influences the business’s ability to secure and retain valuable clients.

As a Commercial Card Pricing Strategy Associate on the Strategy & Transformation team, you will conduct robust financial analytics, provide consultative pricing support to the Commercial Card Sales and Client Management teams, and collaborate with the broader banking relationship managers to develop winning sales strategies. 

Job responsibilities

  • Support relationships and work cross functionally across the Commercial Card Payments business in order to develop deal specific pricing strategies, and construct pro forma client P&Ls.
  • Assist with end-to-end pricing process for individual deals including constructing deal in the pricing web-based model, comparing proposed solution to profitability benchmarks, securing necessary approvals, and validating that client-facing proposal includes all approved deal terms. 
  • Work closely with Sales, Account Management, Product, Legal, Operations, and Risk
  • Perform ad hoc analyses related to pricing and strategy
  • Build and maintain excellent relationships with internal clients and colleagues
  • Lead other strategic-based initiatives, including evaluation of Product development and deployment, unique or new pricing constructs or concepts, and new means for winning business. 

Required qualifications, capabilities, and skills

  • Pricing and valuation experience and will have experienced knowledge of the Commercial Card Business and the broader Payments Industry, including recent changes and its competitive nature.
  • Understanding of the economics of the Credit Card or Commercial Card business including primary drivers of revenues, expenses and competitive dynamics of the industry. 
  • Understanding of Income Statements, Credit Risk and Capital

Preferred qualifications, capabilities, and skills

  • Skillset in financial analysis; understanding of pricing techniques
  • Ability to apply financial forensic techniques; identify and resolve data inconsistencies
  • Ability to work well with deadlines, including the unexpected

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
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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