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 Payments Pricing team, you will be supporting the Merchant Services Pricing Team. You will be responsible for taking Pricing decisions from initial conception through to execution, creating meaningful insights serves the Chase Merchant Services (CMS) business in producing the pricing calculations/recommendations for North American and Global Platform Cases, streamlining the pricing process, performing ad-hoc analysis on the attrition and growth curves, help in pricing benchmarking, integration/implementation of new strategies, and preparing reports which might be relevant and provide insight and decision support to the business and the leadership teams

Job responsibilities

• Support Merchant Services pricing initiatives, such as recurring reprices, client maintenance, data modelling, document and batch file management, client and employee communications, as well as ad-hoc special projects and requests as needed
• Assessing of current and front-book pricing with recommendations for back-book price adjustments and suggested front-book pricing approval thresholds
• Use and query data from disparate sources and work cross functionally to develop pricing strategies to improve revenue for the J.P. Morgan Payments business
• Develop and recommend new or modified pricing constructs going to market
• Work on complex financial models for new and existing pricing strategies
• Analyzing ad hoc as required including financial modelling, support of customer requests and customer profitability
• Manage the work and priorities with the team in an independent manner with good work ethics.

Required qualifications, capabilities and skills:

• Minimum of 5 years' of work experience with MNCs/Payments Industry
• Intermediate Excel, VBA Macros, SQL, Alteryx, and working knowledge of financial modelling
• Logical and Analytical approach to data analysis, keen eye to identify trends/patterns and experience in deep diving to determine root cause and propose solutions
• Capability to navigate multiple data sets and synthesize into cohesive presentation and recommendations.
• Ability to work on multiple projects simultaneously and self-manage deadlines and deliverables, clearly articulating progress and milestones
• Build and maintain strong relationships with key business stakeholders: firm-wide, functional Finance and lines of business teams to ensure the timely, accurate and effective delivery of recurring and ad-hoc initiatives
• Excellent skills and articulation on all mode - written, verbal and present to senior management

Preferred qualifications, capabilities and skills

• Degree in Mathematics/Statistics/Finance/Business - MBA preferred
• Desire to learn quickly, be flexible and think strategically
• 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
• SharePoint experience will be preferred

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.