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Payments Client Profitability - P&A Vice President

AT JPMorgan Chase
JPMorgan Chase

Payments Client Profitability - P&A Vice President

New York, NY

Payments is a global leader in providing cash management, liquidity, escrow, and commercial card solutions, empowering clients worldwide to manage their cash and working capital, facilitate payments, and enhance operational efficiency. With over 135,000 corporations, financial institutions, governments, and municipalities entrusting their business to J.P. Morgan, we are committed to delivering exceptional service and innovative solutions. The Financial Planning & Analysis (FP&A) team is at the forefront of our financial strategy, leading and coordinating the budgeting, forecasting, and financial analysis processes, including projecting earnings and capital over both short- and long-term horizons while adapting to varying economic scenarios. As a leader, you will develop and execute client profitability strategies, directly influencing our growth and client relationships. You will thrive in a dynamic environment with opportunities for career development, joining a team that values collaboration, innovation, and continuous improvement, where your ideas are valued.

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As a P&A Vice President within the Client Profitability Planning and Analysis team, you will be a strategic leader dedicated to advancing solutions in Financial Planning & Analysis. You will work closely with cross-functional teams, such as Sales, Finance, and Business Management, to create and execute client profitability models that support our business goals. Your expertise will be crucial in influencing our pricing strategies and enhancing client relationships. Situated at the crossroads of Product and Client segments, you will play a key role in developing the overall Payments Strategy.

Job responsibilities

  • Design and implement a fair and transparent profitability framework for Payments clients in collaboration with stakeholders.
  • Identify causes of negative client profitability and drive initiatives to improve outcomes. Enhance transparency and efficiency in month-end processes.
  • Stay informed about industry trends and best practices, applying this knowledge to enhance our framework.
  • Lead additional one-off and repeatable analyses as required by senior management and support various projects related to client profitability.
  • Lead monthly reconciliations of client profitability results, perform variance analysis, and prepare financial reporting deliverables for senior management.
  • Explore and collaborate with various teams on client profiling, regional and country dynamics, and other considerations.
  • Able to summarize potentially complex problems and questions into they key arguments to facilitate discussion and to demystify processes/approaches for wider audiences.

Required qualifications, capabilities and skills

  • Bachelor's Degree in Accounting, Finance, Economics, or related field
  • Qualified accountant or MBA with 6+ years of experience in the Financial Services industry or FP&A experience
  • Advanced Microsoft Office skills (Excel & PowerPoint in particular). Expertise in Microsoft Excel
  • Deep understanding of revenue and expenses. Familiarity with allocation rules and principles e.g. fixed/variable determination
  • Exceptional analytical, problem-solving, critical thinking, and project management skills with a proven track record of execution against deliverables
  • Excellent oral and written communication and relationship management skills
  • Ability to present complex matters to senior management and stakeholders
  • Strong team-building and communication skills
  • Detail-oriented and able to multi-task in a fast-paced environment with frequently changing priorities and to meet deadlines under pressure
  • Self-starter who is driven to excel in all aspects of their role and seeks to break the status-quo and initiate improvements where necessary

Preferred qualifications, capabilities and skills

  • Proficiency with tools like Cognos, Alteryx, and Tableau
  • Knowledge on capital allocations


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.

Client-provided location(s): New York, NY, USA
Job ID: JPMorgan-210635809
Employment Type: Full Time