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Payments Networks Strategy - Senior Associate

JPMorgan Chase & Co.

JPMorgan Chase & Co.

New York, NY, USA
Posted on Sunday, June 9, 2024

Job Description

Shape the future of our payment strategy as a strategic thinker, collaborating with key stakeholders across various divisions. On the Payments Networks Strategy & Advocacy team you'll have the opportunity to develop consumer bank and small business payments strategies. Our team supports the identification and development of strategic partnerships, while sharing JPMC’s external advocacy approach at major payment networks and rails.

As a Payments Networks Strategy - Senior Associate in the Payment Networks Strategy & Advocacy team, you will play a crucial role in determining the future of JPMorgan Chase & Co.'s payment strategy. You will collaborate closely with key stakeholders across the Consumer and Community Banking and Corporate and Investment Bank to formulate consumer bank and small business payment strategies, inform JPMorgan Chase & Co.’s external advocacy approach at major payment networks, and assist in the identification and development of strategic partnerships. This role provides the chance to impact the progression of the payments industry and contribute to the transformation it is currently undergoing.

Job responsibilities

  • Inform the strategy for Chase payments products, services, capabilities and networks
  • Help influence and inform Chase payments and networks strategy in response to regulatory, legislative, and governing body rule changes
  • Help develop the ongoing advocacy strategy for the firm across key consumer payments and banking related legislative and regulatory issues
  • Partner across the firm to ensure alignment between retail and wholesale team agenda and objectives
  • Work with key stakeholders (business, legal, risk, product, government relations) across CCB and CIB to identify, raise, discuss and resolve paths forward on key payments topics
  • Assist with the development and presentation of briefings on priority topics for senior leaders
  • Stay aware of developments domestically and overseas related to traditional payment networks and across alternative payment methods, like real-time payments
  • Help identify key strategic partners and negotiate winning partnerships that support and deliver customer value

Required qualifications, capabilities, and skills

  • Minimum of 3 years of experience in strategy consulting, corporate strategy, payments products (card, digital payments, etc.), startups (FinTechs), finance, or similar roles
  • Bachelor’s degree; excellent academic credentials / GPA
  • Passion for the payments industry and the transformation it is undergoing and the challenges it faces
  • Strong interpersonal and communication skills
  • Excellent analytical skills and ability to structure complex problems
  • Intellectual curiosity and ability to learn new subjects quickly
  • Ability to operate in ambiguity and grey area, and bring a structured approach
  • Open, collaborative, team-oriented operating style
  • Strong influencing and partnership / collaboration skills to drive cross-functional teams
  • Proficient MS Excel and PowerPoint skills

For this particular role, we are unable to sponsor any type of work visa including but not limited to H1B, H4 – EAD, OPT, E-3, TN, or L visas.

This role is not a remote position and does not have a relocation allowance tied to it, so all candidates must be local to New York, NY or willing to relocate on their own immediately upon hiring.

Candidates must be able to physically work in our 277 Park Ave. office 3 days a week and remotely from home 2 days per week. The specific hybrid schedule will be determined by direct management.