Merchant Services Business Development - Vice President

Job Description
Join the Merchant Services Business Development team! As a key member on the team, you will drive the end-to-end client experience. Many of our clients are moving into an embedded payment strategy for the first time and depend upon their Financial Institution to support that with expert counsel on best practices.
As a Vice President within our Business Development Payment Facilitation segment in Merchant Services, you will work with Independent Software Vendors (ISVs) providing integrated payment solutions. Among the various solutions we support, you will be primarily focused on a payment facilitation offering to ISV's but will work in partnership with various sales teams in the integrated payments space to drive revenue opportunities across this segment. This is a sales role focused on engaging both new relationships and supporting current clients of JPMC. Your support for client opportunities in this segment requires clear understanding of the complexities around third party payment processing, a strong command of card payments, exceptional sales acumen, and strong commercial negotiation skills.
The JPMC Payment Facilitation solutions are supported by products across JPM Payments. Cross LOB collaboration is essential, and your ability to advocate for clients, build consensus, and engage internal stakeholders at all levels is essential. You will also act as a Subject Matter Expert supporting the broader field organization in evaluating potential third party payment opportunities.
Job responsibilities

• Cultivate new business opportunities by aligning with Commercial Banking and Treasury team to achieve individual sales goals
• Source new business opportunities also through networking, cold-calling, conferences, and other means
• Develop, pursue, and push through to closing high value opportunities for J.P. Morgan Payments
• Conduct detailed needs assessments for prospect partners focused on their business needs and strategic priorities
• Identify Merchant Services and Payment solutions proactively that can help our clients grow their business and drive new revenue
• Engage cross-Merchant Services and the Payments organization to form a solution to meet client needs and drive revenue
• Create and execute relationship-based calling plans for longer term opportunities
• Manage daily and weekly activities, pipelines, forecasts and closed deals to ensure above quota results based on successful pipeline management
• Serve as a business partner to stakeholders across JP Morgan Chase, Commercial Banking, Treasury Services, and Merchant Services
• Review the product roadmap and support various initiatives focused on this segment

Required qualifications, capabilities and skills'

• 8+ years payment industry experience
• Sales and Business Development experience with technology & ISV clients
• Strong knowledge of the merchant services industry, products and services with a strong technical acumen.
• Ability to articulate complex technical capabilities to both technical and non-technical audiences
• Experience working with complex payment models and building strategic initiatives with clients
• Track record of exceeding ambitious goals/quotas
• Executive presence
• Strong communication skills

Preferred qualifications, capabilities and skills'

• Complex multiparty aggregation or channel relationships

FEDERAL DEPOSIT INSURANCE ACT:
This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.
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.