Role & Team Description

We are seeking a talented Associate to join the J.P. Morgan Payments Strategy & Governance team. This team is part of the J.P. Morgan Payments Transformation & Execution organization, responsible for helping senior management develop and execute their global strategy through:

• Corporate development & strategic investments to accelerate execution of our strategy
• M&A integration program post acquisition
• Strategic execution and process improvement for high-priority change initiatives
• Product agility transformation to enable a more integrated product-engineering operating model that supports speed of innovation and accelerated time to market
• Strategy & governance

The Strategy & Governance team operates across these transformation pillars and the broader strategic agenda for J.P. Morgan Payments, including priority initiatives related to Onyx / Liink / JPM Coin, APIs / Open Banking, integrated industry solutions (e.g., for marketplaces), and many more. 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 (e.g., including Chase). Projects include developing growth strategies, assessing new product and market entry, designing organizational change, and performing strategic business deep dives.

Overview of J.P. Morgan Payments

J.P. Morgan Payments is a global leader in treasury services, merchant acquiring, liquidity management & account services, and working capital solutions like trade finance, commercial card, and lending. The world's most important merchants, corporations, governments, financial institutions, marketplaces, platforms, and small businesses entrust us for all of their transaction banking needs. We are the only payments company that provides merchant services (pay-in), treasury services (pay-out, liquidity management & account services), and working capital throughout the value chain. This value proposition combined with that of our partners in Investment Banking, Markets, and the Consumer Bank make us the most desirable payments provider for consumers and merchants of all sizes.

Our purpose : to empower clients to build businesses that thrive, grow, and last

Our mission : to be the most trusted innovator in payments

Our vision : to transform the future of payments by becoming the end-to-end payments and commerce platform for our clients

Our most valued differentiator : Scale, service, trust, reliability, and resiliency of a bank combined with innovation and agility of a fintech

As the market continues to change rapidly, an increasing number of nimble niche fintechs, marketplaces, traditional banks, social media companies, and software / technology companies are competing and collaborating to create tomorrow's commerce solutions. In this context, J.P. Morgan Payments and the Transformation & Execution team are increasingly focused on driving transformational technologies and business model shifts that will define these solutions.

Responsibilities will include:

• 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
• Financial modeling and valuation analysis
• Execute creative analyses and provide insight to identify issues and arrive at recommendations
• Develop strategic presentations for both internal and external audiences
• 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

Qualifications:

• 3-6 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) that preferably covers financial services sector
• Some payments experience preferred, but not required. Strong interest in payments required
• Ability to work and think independently, strong initiative, and 'blue collar' 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 analytical approaches, communicate effectively and confidently (both oral and written), work well in cross-functional teams
• Openness to an environment of active developmental feedback from peers
• Excellent and efficient skills using MS Excel and PowerPoint tools (absolutely required)

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary
New York,NY $95,000.00 - $150,000.00 / year