JP Morgan Chase & Co.

Payments Merchant Services Business Development - Vice President

JP Morgan Chase & Co.$180K — $220K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in merchant services or payments role with client interaction.
  • Expertise in Strategic Sales practices like buyer mapping.
  • Ability to thrive in fast-paced, dynamic environments.
  • Superior verbal and written communication skills.
  • Collaborative mindset with cross-functional coordination ability.
  • Knowledge of B2B payment flows and e-commerce technologies.
  • Understanding of merchant acquiring pricing and risk management.

Responsibilities

  • Develop account and call plans with bank teams to position solutions effectively.
  • Create tailored proposals, pitch materials, and RFP responses based on client payment needs.
  • Work with cross-functional partners on deal structuring and ensure smooth transitions to implementation.
  • Craft customized payment solutions that address specific client requirements.
  • Maintain precise pipeline details and reporting using Salesforce and Excel.
  • Monitor progress against sales goals and communicate updates to stakeholders.
  • Continuously invest in professional development to stay ahead in the field.
  • Travel up to 50% as required for client engagements.

Benefits

  • Access to internal and external learning resources for professional growth.
  • Collaboration with a diverse team across different functions and cultures.
  • Opportunity to work with high-profile clients and significant stakeholders globally.
  • Involvement in innovative payment solutions in a rapidly evolving industry.
Full Job Description
Job Description

As a Merchant Services Business Development Vice President in the Payments Sales team, you will be an individual contributor on an Enterprise Sales team supporting some of the most significant clients in JP Morgan Payments. This is a client facing role where you will partner with stakeholders across Global Corporate Banking to identify, qualify, and advance merchant services opportunities JP Moran client relationships. You'll help shape client strategies, coordinate internal partners, and maintain a healthy pipeline to drive new business growth. You will work with clients, prospects, and JP Morgan partners across the globe. You will need to possess card acquiring experience, enterprise sales experience, sales acumen, curiosity, an eagerness to learn, executive presence, and very strong written and verbal communication skills. You will be working the Payments team leads and partners you will develop and execute go-to-market and account plans across one of these Technology sub-verticals: Marketplaces & Digital Ecosystems: ecommerce brands, marketplaces, gig-economy platforms, and consumer applications. Fintech: B2B platforms, Regulated Digital Gaming, Payment Processors, ISVs, and Payroll

Job responsibilities
  • Partner closely with bank coverage teams and JPMorgan Payments Treasury Services to develop account and call plans that position end-to-end solutions to best effect
  • Support prospecting, meeting prep, and follow-ups; craft proposals, pitch materials, and RFP responses tailored to each sub-vertical's payment needs (e.g., card-not-present, recurring billing, marketplaces, omnichannel)
  • Coordinate with product, pricing, legal, and risk partners on deal structuring and diligence; facilitate smooth handoffs to implementation teams
  • Collaborate to deliver payment solutions customized to meet client needs.
  • Maintain accurate pipeline hygiene and reporting in Salesforce; build dashboards and reports in Excel as needed
  • Track and communicate progress against goals; provide regular updates to stakeholders
  • Invest in ongoing professional development through internal and external learning resources
  • Travel: up to 50%


Required qualifications, capabilities, and skills
  • 5+ years of experience in a customer facing merchant services, acquiring, or payments role.
  • Experience with Strategic Sales practices including buyer mapping and influence building.
  • Demonstrated ability to learn in new and fast paced environments.
  • Strong verbal and written communication; able to synthesize information and present clearly
  • Collaborative, team-oriented approach with ability to work across functions and cultures
  • Familiarity with software, DTC tech, and B2B payment flows, including card-not-present, ecommerce, omnichannel, recurring/subscription billing, marketplaces, and tokenization
  • Working knowledge of merchant acquiring pricing and economics (e.g., interchange, assessments), risk and fraud, chargebacks and disputes
  • Experience coordinating cross-functional teams on complex sales pursuits


FEDERAL DEPOSIT INSURANCE ACT:
This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.

About the Team

A part of the Commercial & Investment Bank, J.P. Morgan Payments enables organizations of all sizes to execute transactions efficiently and securely, transforming the movement of information, money, and assets. The team of experts tackles complex challenges at every stage of the payment lifecycle. And their industry-leading solutions facilitate seamless transactions across borders, industries, and platforms.

Operating in over 160 countries and handling more than 120 currencies, J.P. Morgan Payments business is the largest processor of USD payments, with a daily transaction volume of $10 trillion.

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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