US Loyalty and Retention Client Relationship Manager - Payments -Senior Associate

Posted Yesterday
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Tempe, AZ, USA
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Manage merchant acquiring client relationships, conduct pricing reviews and financial analyses, and develop retention strategies. Serve as a trusted advisor on payment processing solutions, diagnose and resolve client issues, coordinate cross-functional support, and address software, hardware, pricing, contractual, risk, compliance, and regulatory inquiries. The role requires strong analytical, consulting, negotiation, communication, and organizational skills while ensuring regulatory adherence and sound risk management.
Summary Generated by Built In

You are a strategic thinker, passionate about delivering solutions to clients, and have experience in relationship management within Payments. You have found the right team

As a Payments Relationship Manager II within our Pricing and Loyalty & Retention Team, you will take on the responsibility of conducting pricing reviews and spearheading client retention initiatives. Your role will encompass the development of robust client relationships, comprehensive pricing reviews, and the creation of strategies aimed at boosting client satisfaction and loyalty. Leveraging your consultative skills and payments expertise, you will tackle the challenges associated with merchant acquiring and provide value-added solutions that align with and exceed clients' business objectives. This will result in enhanced client retention and a positive client experience.

The Small & Medium-Sized Business Organization (SMB Payments) is part of global JP Morgan Payments organization and is an innovative leader in serving small and medium-size business clients through banking, payments, and value-added services. We take a client-first approach in developing solutions that help our more than 5 million small business customers across the US and Canada to start, run and grow their businesses. Together, J.P. Morgan and Chase hold the #1 position in payments market share -- both in number of transactions and volume -- processing over 2 trillion in volume and over 50% of eCommerce transactions in the U.S. The SMB Payments team is a group of builders with an entrepreneurial mindset, and we are looking for team members who value collaboration, accountability, inclusivity, customer centricity and innovation.

Job responsibilities

  • Conduct comprehensive pricing reviews and financial analysis to help clients optimize acquiring cost, promoting client satisfaction and retention
  • Partner with internal departments to ensure a high level of support for the client, including resolving software, hardware, pricing, contractual, risk, compliance, and regulatory inquiries
  • Serves as trusted advisor, leveraging core knowledge, to recommend and promote banking and payment processing solutions to clients to ensure a seamless client experience across Chase
  • Diagnose client issues, providing solutions and resolving with urgency
  • Consult on merchant acquiring products and services, aligning solutions to clients’ needs
  • Protects the firm by following sound risk management protocols and adhering to regulatory requirements

Required qualifications, capabilities, and skills

  • Strong knowledge of the merchant services industry, products and services and diverse types of businesses, industries, markets, financial and economic concepts
  • Demonstrate ability to grow revenue and retain client relationships through effective use of relationship management and client consulting skills.
  • Strong analytical and problem-solving skills
  • Proven cross-functional partnership and resourcefulness to solve customer needs
  • Strong written, presentation, contract negotiation, organizational, and communication skills
  • Ability to understand client needs and deliver exceptional service
  • Flexibility to manage multiple tasks and priorities simultaneously
  • Proficient with MS Office Suite with a high emphasis in Excel and other business-related database programs, i.e., Salesforce
  • High Level of integrity and professionalism, and compliance with established controls and regulations


Preferred qualifications, capabilities, and skills

  • Bachelor's and Master's Degree
  •  5+ years payments industry or relevant 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 TeamJ.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. 

Skills Required

  • Strong knowledge of the merchant services industry, products and services, business types, markets, and financial and economic concepts
  • Ability to grow revenue and retain client relationships through relationship management and client consulting skills
  • Strong analytical and problem-solving skills
  • Proven cross-functional partnership and resourcefulness to solve customer needs
  • Strong written, presentation, contract negotiation, organizational, and communication skills
  • Ability to understand client needs and deliver exceptional service
  • Flexibility to manage multiple tasks and priorities simultaneously
  • Proficiency with Microsoft Office Suite, especially Excel, and business-related database programs such as Salesforce
  • High level of integrity and professionalism, with compliance with established controls and regulations
  • Bachelor's and Master's degree
  • 5+ years of payments industry or relevant 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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