At a Glance
- Tasks: Lead key Merchant Acquiring initiatives and optimise business performance.
- Company: Join a dynamic Payments & Commerce Solutions team making waves in the financial sector.
- Benefits: Enjoy flexible working options and a collaborative, innovative culture.
- Why this job: Be a trusted advisor, drive impactful change, and enhance your financial acumen.
- Qualifications: Qualified Accountant with FP&A experience and knowledge of IFRS and US GAAP required.
- Other info: Ideal for motivated self-starters looking to influence at all levels.
The predicted salary is between 43200 - 72000 £ per year.
Join our Payments & Commerce Solutions Business Management Team as a Vice President, where you will have the opportunity to develop and manage key Merchant Acquiring initiatives. This role offers a chance to optimize business performance, act as a trusted advisor, and play a core role in interpreting and presenting financial information to the P&CS business.
As a Vice President within the Europe, Middle East, and Africa Payments & Commerce Solutions (P&CS) business, you will take on the role of a Merchant Services Business Manager. Your responsibilities will include improving business performance by implementing key initiatives. You will serve as a trusted advisor to business leads, tasked with identifying, escalating, and mitigating business risks. Furthermore, you will be analyzing financial data to support the attainment of strategic and tactical objectives.
Job Responsibilities:
- Support the F&BM VP in delivering business and finance management strategy development, financial analysis, and business management support to the EMEA Merchant Services Leadership.
- Lead production of monthly/quarterly financial and performance reviews, including actuals versus plan and variance analysis.
- Manage the annual budgeting process for both Line of Business and local Legal entities.
- Coordinate reconciliation of various reporting systems across finance and merchant services to ensure accurate reporting.
- Partner with the business to develop key performance metrics tied to transformation efforts and effectively communicate the benefits.
- Collaborate with the business in developing business plans, SIFs, and NBIAs to validate identified benefits.
- Work with the US development team to ensure correct reporting of tech spend and specified business outcomes.
- Support audit, regulatory, and compliance deliverables; drive specific action plans within the Risk Control Self-Assessment (RCSA) framework.
- Assist in coordinating merchant services team activities and prepare materials for town halls, business unit reviews, and employee recognition.
- Manage the Objective Key Results setting process and ongoing reporting of monthly progress.
Required Qualifications, Capabilities, and Skills:
- Qualified Accountant with experience in FP&A within a complex organization.
- Knowledge of local IFRS and US GAAP, as well as requirements for local legal entity reporting.
- Experience in the Merchant Acquiring/Card Payments space.
- Highly motivated self-starter with excellent time management and prioritization skills.
- High proficiency with Excel and PowerPoint.
- Flexible working style, strong interpersonal skills, and ability to build relationships across all levels and influence key stakeholders.
- Strong analytical and problem-solving skills, capable of analyzing large data sets and presenting conclusions concisely.
- Excellent attention to detail.
Contact Detail:
J.P. Morgan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Merchant Services Business Manager – Vice President
✨Tip Number 1
Network with professionals in the Merchant Acquiring and Card Payments space. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the latest financial regulations and compliance requirements relevant to the EMEA region. This knowledge will not only enhance your understanding of the role but also demonstrate your commitment to staying updated in a rapidly changing environment.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved business performance in previous roles. Highlight your experience with financial analysis and how it has led to successful outcomes, as this will resonate well with the responsibilities outlined in the job description.
✨Tip Number 4
Showcase your proficiency in Excel and PowerPoint by preparing a brief presentation on a relevant topic in Merchant Services. This will not only demonstrate your skills but also give you a chance to practice articulating complex information clearly and concisely.
We think you need these skills to ace Merchant Services Business Manager – Vice President
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial analysis, business management, and the Merchant Acquiring/Card Payments space. Use specific examples that demonstrate your ability to improve business performance and manage key initiatives.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your qualifications align with the responsibilities outlined in the job description, particularly your experience with budgeting processes and financial reporting.
Highlight Key Skills: Emphasise your proficiency in Excel and PowerPoint, as well as your analytical and problem-solving skills. Provide examples of how you've used these skills to analyse data and present findings effectively in previous roles.
Showcase Interpersonal Skills: Since the role requires building relationships across all levels, include examples of how you've successfully collaborated with teams or influenced stakeholders in past positions. This will demonstrate your strong interpersonal skills and flexibility.
How to prepare for a job interview at J.P. Morgan
✨Showcase Your Financial Acumen
As a Merchant Services Business Manager, you'll need to demonstrate your expertise in financial analysis and reporting. Be prepared to discuss your experience with budgeting processes, variance analysis, and how you've used financial data to drive business performance in previous roles.
✨Highlight Your Industry Knowledge
Familiarise yourself with the Merchant Acquiring and Card Payments landscape. During the interview, share insights on current trends, challenges, and opportunities within the industry. This will show that you are not only qualified but also genuinely interested in the field.
✨Demonstrate Your Problem-Solving Skills
Prepare examples of how you've tackled complex problems in past roles. Discuss specific situations where your analytical skills led to successful outcomes, especially in relation to risk management or compliance, as these are crucial for the role.
✨Communicate Effectively
Since this role involves collaborating with various stakeholders, practice articulating your thoughts clearly and concisely. Use PowerPoint or Excel to create visual aids if necessary, and be ready to explain how you would present financial information to non-financial audiences.