Corporate Development - CoBrand & Network Partnerships - Senior Associate

Posted 6 Days Ago
Be an Early Applicant
New York, NY, USA
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Lead end-to-end evaluation, negotiation, and execution of cobrand and network partnerships. Develop partnership strategy, build financial models and business cases, coordinate with finance, legal and product teams, monitor competitive landscape, and ensure deals follow policies and controls. Present analyses and recommendations to senior stakeholders to drive consumer franchise growth.
Summary Generated by Built In

The Corporate Development team at Chase is responsible for the partnerships and strategies at the heart of the most important business decisions across the consumer franchise. Within Corporate Development, the Co-brand and Network Partnerships team is responsible for end-to-end negotiations with existing partners like Amazon, Disney, United, Marriott, and Southwest, as well as future prospects, and the major payment networks, Visa and Mastercard. JP Morgan Chase is the number one U.S. credit card issuer and has been in the cobrand partnership business for approximately 40 years with partners who are leaders in their respective categories.  In this role you will have the exciting opportunity to contribute to important partnerships and strategies across the consumer franchise.

As a Senior Associate on the Corporate Development Co-brand & Network Partnerships team in the Consumer & Community Bank (CCB), you will think strategically, build relationships with cross-functional teams, and produce and present key deliverables. You are innovative, forward-thinking, analytical, and comfortable working in a fast-paced environment alongside JP Morgan Chase's management team to build and deliver solutions that drive JP Morgan Chase forward.

Job Responsibilities

  • Work cross-functionally within the firm and with external partners to identify, negotiate, and execute key cobrand and network partnerships that drive business results and support the business strategy
  • Collaboratively develop partnership strategy with the lines of business, including identifying key elements of the strategy, completing analysis, conducting research, and making recommendations
  • Support in the development of partner proposals with the lines of business, including vision, economics, and product integration
  • Work in conjunction with finance, legal, and other functional partners to craft financial business cases, deal constructs and other key terms associated with the partnership
  • Monitor the external environment for important competitive developments and potential partnership opportunities, synthesizing key learnings for leadership
  • Ensure all deals and business development is executed in accordance with policies, controls, and Corporate Development procedures 
     

Required Qualifications, Capabilities And Skills

  • Bachelor's degree
  • 5+ years of relevant experience
  • Deep analytical skills, including understanding of common financial statements and the ability to build financial models in Excel
  • Effective written and oral communication skills and ability to communicate to senior internal and external stakeholders
  • Strong proficiency in Microsoft Office Suite, including Word, PowerPoint, and Excel
     

Preferred Qualifications, Capabilities And Skills

  • Experience with co-brand deals
  • Experience across the financial services and banking industry
  • Management consulting experience
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

  • Bachelor's degree
  • 5+ years of relevant experience
  • Deep analytical skills including understanding financial statements
  • Ability to build financial models in Excel
  • Effective written and oral communication to senior stakeholders
  • Strong proficiency in Microsoft Office Suite (Word, PowerPoint, Excel)
  • Experience with co-brand deals
  • Experience in financial services and banking
  • Management consulting experience

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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