JP Morgan - Associate - Payments Strategy

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

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 Payments 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.

Responsibilities will include:

As part of the Payments Strategy and Governance team, key responsibilities of Associates are as follows:

Structured problem solving

Understand and identify issues to define clear problem statements

Generate hypotheses, identify and gather relevant data points for detailed analysis to prove/ disprove hypotheses

Work in team to identify potential solutions/ recommendations using relevant frameworks

Storyboarding and communication

Create clear and effective storyline for presenting analyses and recommendations

Structure and create presentations to deliver key arguments, messages and insights

Communicate efficiently via verbal and written modes with all stakeholders

Stakeholder engagement

Collaborate proactively with global stakeholders (business partners, strategy team members, senior leaders)

Contribute and eventually lead interviews, workshops, focus group discussions as applicable to drive required project outcomes

Market intelligence

Monitor industry trends and share insightful reports and analyses with broader team and with senior executives

Monitor global and local competitor and Fintech landscape to help inform our strategy and potential partnerships / M&A opportunities

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

Experience and knowledge of payments strongly preferred, but not required. Strong interest in payments required

Ability to work and think independently, strong initiative, and positive 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)