Associate, Business Development & Strategic Partnerships

Posted 2 Hours Ago
Be an Early Applicant
New York, NY, USA
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Support sourcing, negotiating, and executing strategic credit card partnerships. Build business cases, coordinate with finance and legal, present to senior leaders, monitor market opportunities, and manage cross-functional stakeholders to deliver embedded cardholder benefits.
Summary Generated by Built In

The Business Development team at JPMorgan Chase is responsible for strategic partnerships at Chase across Consumer Bank, Business Bank, Card Services, Connected Commerce, Wealth Management, Home Lending, and Auto. The team drives a variety of partnerships, including digital banking and payments partnerships with tech companies and payment networks, embedded benefits for our cards, co-brand partnerships, merchant funded offers, to name a few. Business Development is at the heart of many of the most important strategic and business decisions at Chase and these partnerships are critical to the firm's ability to execute on its core strategies and meet the needs of our customers in a rapidly changing financial services ecosystem.


As an Associate on the Business Development Card Partnerships team, you will support deeply integrated partnerships to deliver embedded benefits to Chase credit cardholders, owning the discovery, negotiation, and contract execution of partnership deals.  The scope of partnerships includes a variety of merchant categories from mass to high net worth and covers all Chase credit card products. As an Associate on this team, you will source, negotiate, and execute strategic partnerships with Chase Card Services. This is a highly-visible position that will encompass strategic analysis, deal negotiation, as well as leading through influence across a large, multifaceted organization. You will work with senior stakeholders externally and internally, including JP Morgan Chase's most senior executive leaders. You will build a hybrid of different skills including strategy, project management, stakeholder management, negotiation, etc. 
 

Job responsibilities:

  • Support the evaluation, negotiation, and execution of strategic card partnerships 
  • Collaborate with finance, legal and other functional partners to develop business cases and deal constructs and ensure compliance of deal control process
  • Provide updates to senior executives on deal work
  • Maintain strong connectivity with other partnership teams 
  • Monitor external environment for competitive developments and potential partnership opportunities and share perspectives with key line of business partners 

Required qualifications, capabilities, and skills:

  • 4-6 years of experience in Business Development, Strategic Partnerships, Account Management, Management Consulting, Corporate Strategy, Consumer Products/Benefits, 
  • Strong written & verbal communication skills, strong PowerPoint / Excel skills
  • Strong project management skills
  • Proven ability to negotiate commercial deals
  • Ability to influence across levels and drive progress in a matrix organization 
  • Comfortable operating a dynamic fast pace and sometimes unstructured environment 
  • Prior business development and partnership experience 

Preferred qualifications, capabilities, and skills:

  • Prior credit card industry experience
  • Knowledge of small businesses

About Us

Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. 

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.  We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Equal Opportunity Employer/Disability/Veterans

About the Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.

The Strategy team manages mission-critical projects ranging from developing growth strategies, to assessing and planning entry into new markets, to implementing organizational restructurings and operational efficiencies, and more. Projects are typically team-based and include close collaboration with senior executives.

Skills Required

  • 4-6 years of experience in Business Development, Strategic Partnerships, Account Management, Management Consulting, Corporate Strategy, or Consumer Products/Benefits
  • Strong written and verbal communication skills
  • Strong PowerPoint and Excel skills
  • Strong project management skills
  • Proven ability to negotiate commercial deals
  • Ability to influence across levels and drive progress in a matrix organization
  • Comfortable operating in a dynamic, fast-paced and sometimes unstructured environment
  • Prior business development and partnership experience
  • Prior credit card industry experience
  • Knowledge of small businesses

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
  • Retirement Support A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
  • Leave & Time Off Breadth Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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