Payments Pricing

JOB DESCRIPTION

Job Title

Pricing Associate – Sr. Associate – Payments Pricing (CIB TS Pricing Desk)

Short Description

Join the team that is driving market strategy for one of the most innovative banks.

Position Description:

The J.P. Morgan Payments Pricing is responsible for analysis used to drive strategic pricing decisions and the development of tools used to execute or augment pricing activity in the business. With broad scope covering statistical analysis and recommendation-based problem solving, as well as design, development, maintenance, and governance of pricing tools used by our sales teams and thus making an impact on business.

Job Summary :

As an associate within the TS custom pricing team, you will be responsible for taking Pricing decisions from initial conception through to execution and ongoing implementation. A core part of the Business Transformations group, the team largely operates on a deal-by-deal basis, supporting Payments Sales teams on everything related to deal pricing including deal price modelling, governance & approvals, and billing & implementations.

Job responsibilities

• Lead in complex pricing execution scenarios and ad-hoc requests in our largest ("Enterprise") global clients
• Act as a liaison between Sales and Product teams by providing innovative solutions that considers holistic client relationship as well as product specific concerns
• Improve pricing models used for our largest and most complex deals
• Improve controls over data inputs, outputs and development of model efficiencies
• Integrate pricing models of targeted product and cross-business strategies and opportunities
• Develop client-based reporting to aid Sales in pitching our unique offerings and potential client savings
• Facilitate custom deal review, including sensitivity and scenario planning
• Map and reconciliation of financial data and reporting used to drive Treasury Services pricing
• Manage the work and priorities with the team in an independent manner with good work ethics.

Required qualifications, capabilities and skills:

• 6+ years in pricing, product, TS sales, finance or consulting roles
• Strong financial modelling 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, including the ability to communicate findings from data analysis in a concise manner to senior stakeholders
• Strong interpersonal skills, including comfort working with cross-functional stakeholders of all levels to achieve team goals based on guidance provided
• Ability to think strategically and proactively create new solutions for
• Strong project and process management skills
• Excellent command of MS Excel and PowerPoint; familiar with analytical and data visualization tools (e.g., Tableau, Alteryx etc.)

Preferred qualifications, capabilities and skills

• Degree in Mathematics/Statistics/Finance/Business – MBA preferred
• Payments experience preferred (e.g. Treasury Services)
• Experience with a focus on pricing and/or valuation
• Team oriented, inquisitive, critical thinker who anticipates questions from internal clients and management
• Previous experience with analysis/strategy with fact based writing skills along with storytelling and presentation skills in a concise and confident manner

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 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.

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.