Early Payment Discount Program Lead -Vice President

Posted Yesterday
Be an Early Applicant
2 Locations
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Leads a global early payment discount program by optimizing supplier setup, analyzing discount leakage, improving invoice and payment processes, and coordinating process and technology enhancements. Develops KPIs, dashboards, action plans, and stakeholder updates while managing testing, business sign-off, operational true-ups, and cross-regional delivery.
Summary Generated by Built In

Make a measurable impact by improving how supplier invoices flow through to payment—so the firm captures more early payment discounts. You’ll use data-driven insights to reduce discount leakage and partner across teams to implement sustainable process and technology changes.


Job summary

As an Early Payment Discount Program Lead -Vice President, you will partner with Sourcing, Procurement, line-of-business stakeholders, and Payment Operations to ensure suppliers with early payment discount terms are set up and managed to maximize discount capture. You’ll combine program execution with analytics across platforms to identify leakage and translate findings into prioritized action plans, while coordinating end-to-end delivery of process and system enhancements with product and technology partners.


Job responsibilities

  • Partner with Sourcing, Procurement, and Payment Operations to optimize supplier setup for early payment discount capture (terms, payment channel readiness, and controls)
  • Influence line-of-business processes to improve timely invoice submission and approvals and reduce missed discounts
  • Analyze data across platforms to identify discount leakage, root causes, and priority opportunities
  • Translate analytical insights into action plans, owners, and timelines to improve discount capture
  • Define and produce program key performance indicators, dashboards, and recurring reporting
  • Prepare clear updates for senior stakeholders, highlighting outcomes, risks, and decisions needed
  • Support select operational activities to facilitate refunds and true-ups when required
  • Drive system and process enhancements by defining requirements and coordinating testing and business sign-off
  • Coordinate delivery across global stakeholders and time zones to ensure consistent execution

 

Required qualifications, capabilities, and skills

  • Strong knowledge of procure-to-pay, invoicing, and payment processes
  • Strong analytical and problem-solving skills, including ability to evaluate data across multiple systems
  • Demonstrated experience performing root cause analysis and driving continuous improvement
  • Strong written and verbal communication skills, with ability to influence process adherence across stakeholder groups
  • Proven ability to manage multiple deliverables, prioritize effectively, and meet deadlines
  • Intermediate to advanced proficiency in Microsoft Excel, Word, and PowerPoint

 

Preferred qualifications, capabilities, and skills

  • Operations experience in invoicing and payments
  • Experience applying process improvement methodologies
  • Experience partnering with cross-regional teams across time zones
  • Familiarity with SAP and/or invoice and payment platforms used in payment operations
  • Experience using AI tools to support analysis, reporting, or workflow efficiency

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Global Supplier Services (GSS) manages the source-to-pay cycle, engaging with suppliers, negotiating contracts, conducting risk assessments and evaluating the customer experience. Global teams support sourcing, third party oversight, procurement and payment operations, supplier relationship management and customer experience.

Skills Required

  • Strong knowledge of procure-to-pay, invoicing, and payment processes
  • Strong analytical and problem-solving skills, including evaluating data across multiple systems
  • Experience performing root cause analysis and driving continuous improvement
  • Strong written and verbal communication skills with the ability to influence process adherence across stakeholder groups
  • Ability to manage multiple deliverables, prioritize effectively, and meet deadlines
  • Intermediate to advanced proficiency in Microsoft Excel, Word, and PowerPoint
  • Operations experience in invoicing and payments
  • Experience applying process improvement methodologies
  • Experience partnering with cross-regional teams across time zones
  • Familiarity with SAP and invoice and payment platforms used in payment operations
  • Experience using AI tools to support analysis, reporting, or workflow efficiency

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 broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
  • Parental & Family Support Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
  • Retirement Support Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.

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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