JP Morgan Chase & Co.

Vice President, Airport Lounge Business Development

JP Morgan Chase & Co.$180K — $250K *
Hospitality & Recreation
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or equivalent experience
  • Significant experience in business development or real estate negotiations
  • Demonstrated ability to lead contract negotiations
  • Strong financial and analytical capabilities
  • Proven program/project leadership
  • Executive-ready communication skills
  • Proactive solution-oriented mindset.

Responsibilities

  • Drive lounge growth strategy and pipeline, managing opportunities across multiple airports
  • Lead airport and lease negotiations from initial outreach to contract execution
  • Manage relationship with external operating partner, overseeing alignment on project scope and timeline
  • Run end-to-end deal execution, ensuring commercial and contractual terms are met
  • Oversee development economics, building robust business cases for each lounge
  • Partner with design and construction teams on budget evaluations and risk assessments
  • Navigate complex stakeholders, aligning cross-functional teams and communicating effectively to senior leadership
  • Track market trends to identify potential strategic partnerships.

Benefits

  • Opportunities for professional development and career advancement
  • Access to a dynamic and competitive work environment
  • Comprehensive health and wellness programs
  • Flexible work arrangements
  • Positive corporate culture that values diversity and inclusion.
Full Job Description
JOB DESCRIPTION

As a Vice President on the Corporate Development – Travel Partnerships team within Consumer & Community Banking (CCB), you will lead business development and end-to-end deal execution for the Chase airport lounge portfolio. You will manage a pipeline of airport lounge opportunities, work closely with an external operating partner, and drive complex commercial negotiations (including airport/ lease negotiations). You will partner with internal stakeholders across product, legal, finance, brand, design & construction, and operations to deliver Chase’s premium airport lounge product and experience, while building and expanding relationships with airport authorities and continuing to evolve and enhance Chase’s lounge strategy in a dynamic and competitive industry.

Job responsibilities

  • Drive lounge growth strategy and pipeline: Build, prioritize, and manage a multi-year pipeline of lounge opportunities across airports; developing relationships 
  • Lead airport and lease negotiations: Drive negotiations with airports and relevant authorities  from initial outreach through LOI/term sheet, redlines, execution, and close. Deep understanding of lease terms and commercial structures and associated negotiation levers. 
  • Manage external partner relationship: Serve as a day-to-day leader with the operating partner—aligning on pipeline, diligence, development scope, budget, and delivery timelines; drive effective governance, KPIs, and escalation.
  • Run end-to-end deal execution: Coordinate diligence and translate requirements into commercial and contractual terms, and ensure clear decisioning and documentation.
  • Oversee development economics: Build and defend business cases for each lounge (capex, rent/MAG, operating costs, demand assumptions, utilization, benefits impact). Partner with finance to ensure disciplined returns and scenario analysis.
  • Partner with design & construction teams: Understand design intent and key cost drivers; evaluate construction budgets, cost estimates, value engineering options, and schedule risks; ensure handoffs from deal to build are complete and actionable.
  • Navigate complex stakeholders: Lead cross-functional alignment across product, marketing/brand, risk, controls, legal, finance, procurement, operations, and customer experience; communicate tradeoffs and recommendations to senior leadership.
  • Market and competitive intelligence: Track airport lounge landscape, premium card benefits trends, and competitor footprints; identify whitespace opportunities and strategic partnerships.
  • Ensure execution within JPMC policies and controls: Partner with risk, legal, compliance, and procurement to ensure deals follow required processes, approvals, and documentation standards.

     

Required qualifications, capabilities, and skills

  • Bachelor’s degree or equivalent experience.
  • Significant experience in business development, corporate development, partnerships, or real estate/airport commercial negotiations with end-to-end ownership of complex deals.
  • Demonstrated ability to lead lease/contract negotiations 
  • Strong financial and analytical capability: comfort building and reviewing models articulating key value drivers and recommendations.
  • Proven program/project leadership: ability to manage multiple workstreams with clear timelines, risks, and decision points.
  • Executive-ready communication skills: able to write crisp memos, negotiation briefs, and stakeholder updates; confident presenting executive recommendations and tradeoffs / game theory analysis.
  • Demonstrated project and program ownership, and proactive solution-oriented mindset. Comfort operating in ambiguity and fast-paced environments.

 

Preferred qualifications, capabilities, and skills

  • Direct experience with airport commercial environments.
  • Experience with hospitality / lounge / premium customer experiences, including service standards and operational requirements.
  • Familiarity with design & construction processes and cost drivers.
  • Financial services, card benefits, or loyalty/consumer value proposition experience.
  • Experience managing or partnering with an external operator.

 

 

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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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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