Strategy & Transformation- Pricing Strategy Vice President- Payments

Posted 12 Hours Ago
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Jersey City, NJ
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Vice President of Pricing Strategy will lead pricing execution for enterprise clients, manage complex pricing models, drive financial data integration, and collaborate with sales and senior leadership to optimize revenue growth in the Payments division.
Summary Generated by Built In

Job Description
Unleash your expertise in pricing execution by leveraging data, pricing analysis, and collaborating across one of the world's most innovative financial organizations.
As a Business Transformation Vice President, within the Pricing Strategy and Revenue Management team, you will oversee a mix of strategic and tactical projects, responsible for taking Pricing decisions from initial conception through to execution and ongoing implementation. A core part of the Finance & Business Management group, the team largely operates on a project basis, supporting Payments executives on everything from new product pricing and go-to-market decisions to ongoing client pricing and revenue management initiatives. You will manage global pricing team, drive data and pricing analysis, as well as help define business growth strategies for the Payments business.
You will also be responsible for developing a reconciliation process between all pro forma Merchant Services deal P&Ls and Actuals as eventually reported in our financial reporting systems. You may also be asked to lead other strategic-based initiatives, including evaluation of Product strike zones, holistic business offering opportunities including J.P. Morgan Treasury Services, and strategic deal deployment of our unique ChaseNet offering. In this capacity, strong financial acumen and ability to develop and maintain strong control mechanisms is central to success.
Job responsibilities

  • Lead complex pricing execution scenarios and ad-hoc requests for our largest ("Enterprise") global clients, including sensitivity analysis and long-term planning.
  • Provide pricing expertise to Sales and guidance to pricing analysts as needed.
  • Facilitate executive custom deal review, preparing financials and presenting narrative to senior leadership
  • Manage pricing models and mechanisms used for our largest merchant clients; improve pricing models used for our largest and most complex deals.
  • Process improvement across such models and development of deal-specific analysis and scenario planning; integrate pricing models of targeted product and cross-business strategies and opportunities.
  • Develop of client-based reporting to aid Sales in pitching our unique offerings and potential client savings
  • Map and reconciliation of financial data and reporting used to drive Merchant Services pricing
  • Collaborate with the Strategic Deal manager on Strategic Deal Review clients; focusing on MS pricing/strategy/analytics.


Required qualifications, capabilities, and skills

  • 7+ years in consulting or strategic finance roles
  • Strong financial modeling experience, including financial statement analysis, business case development, and comfort with statistical techniques
  • Detail-oriented approach to problem-solving; able to break down and structure complex problems, then develop data-driven solutions to guide management decision-making
  • Executive presence and presentation skills, including the ability to apply financial forensic techniques to identify and resolve data inconsistencies; ability to efficiently interpret, articulate and illustrate financial analysis effectively and communicate findings from data analysis in a concise manner to senior stakeholders
  • Strong interpersonal skills and well versed working with cross-functional stakeholders of all levels to achieve team goals based on guidance provided to ensure alignment of deal-based revenue generation goals
  • Strong project and process management skills
  • Excellent command of MS Excel and PowerPoint; familiar with analytical and data visualization tools (e.g., Tableau, R, SAS, etc.)


Preferred qualifications, capabilities, and skills

  • Degree in finance and/or accounting; MBA, CPA, or CFA destination
  • Experience managing team across various locations
  • Strong skillset in financial analysis; understanding of pricing techniques
  • Payments experience with focus on pricing and valuation; wholesale banking and B2B payments background, including an understanding of the payments value chain (merchants, brands, acquirers, networks, issuers)
  • Familiarity with Merchant Services Reporting Systems (CARI, WCP, ICDW, Salesforce a plus)


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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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The Company
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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.

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