Payments Strategy and Transformation-Senior Associate

Posted 12 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 strategic payments projects: analyze data, build financial models, develop presentations, execute market expansion and transformation initiatives, monitor industry trends, and collaborate with senior executives and cross-functional teams.
Summary Generated by Built In

Join the J.P. Morgan Payments Transformation and Execution team. This team is responsible for helping senior management develop and execute their global transformation agenda through: 

  • Defining the business strategy including growth strategies and corporate development
  • Driving the transformation agenda across high-priority change initiatives including expanding to new markets and optimizing operating models 
  • Partnering with senior executives to articulate our strategy both internally and externally

The Transformation team operates across these pillars and drives the broader strategic agenda for J.P. Morgan Payments. Our lean team is very high impact, working directly with the J.P. Morgan Payments global management team on their top priorities and collaborating across lines of business on the payments priorities for J.P. Morgan Chase broadly. 


As a Business Transformation Associate within Payments, you will lead strategic projects, analyze data, conduct financial modeling, develop presentations, execute strategies, and foster collaboration while managing multiple projects across J.P. Morgan Payments. 


Job Responsibilities 

  • Lead initiatives/projects to resolve diverse problems identified by senior management of J.P. Morgan Payments
  • Gather, synthesize, analyze and present project data and findings
  • Model financial scenarios and analyze valuations
  • Execute creative analyses and provide insight to identify issues and arrive at recommendations
  • Develop strategic presentations for both internal and external audiences
  • Execute our market expansion strategy 
  • Monitor industry trends and share insightful reports and analyses with broader team and with senior executives
  • Create and/or contribute to an environment of collaboration and mutual responsibility
  • Simultaneously work on multiple projects across J.P. Morgan Payments

Required qualifications, skills and capabilities:

  • 3+ years of experience from a premier management consulting firm, a payments firm (e.g., in strategy, product management, sales), or an investment banking division (e.g., M&A, Coverage, Capital Markets, Equity Research) 
  • Strong interest in payments required
  • Ability to work and think independently, strong initiative, and team attitude
  • Diverse problem-solving experience, such as experience with a top management consulting firm or in other generalist problem solving environments across financial services sectors
  • Outstanding ability to analyze problems, apply quantitative approaches, communicate effectively and confidently (both oral and written)
  • Openness to an environment of active developmental feedback from peers
  • Excellent and efficient skills using MS Excel and PowerPoint tools

Preferred qualifications, skills and capabilities:

  • Payments experience 

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
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.

Skills Required

  • 3+ years of experience from a premier management consulting firm, a payments firm, or an investment banking division
  • Strong interest in payments
  • Ability to work and think independently with strong initiative and a team attitude
  • Diverse problem-solving experience (top management consulting or generalist problem solving in financial services)
  • Outstanding quantitative analysis and effective oral and written communication skills
  • Openness to active developmental feedback from peers
  • Excellent and efficient skills using MS Excel and PowerPoint
  • Payments 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 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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