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, competitive salary, and opportunities for professional growth.
- Why this job: Be a trusted advisor, drive impactful change, and work with top-tier professionals.
- Qualifications: Qualified Accountant with FP&A experience and knowledge of IFRS and US GAAP required.
- Other info: Ideal for motivated self-starters who excel in analysis and relationship-building.
The predicted salary is between 72000 - 108000 £ 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.
Merchant Services Business Manager – Vice President employer: J.P. Morgan
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 or webinars to connect with potential colleagues and learn about the latest trends, which can give you an edge in interviews.
✨Tip Number 2
Familiarise yourself with the specific financial metrics and performance indicators relevant to the role. Being able to discuss these in detail during your conversations will demonstrate your expertise and understanding of the business.
✨Tip Number 3
Prepare to discuss your experience with budgeting processes and financial analysis. Be ready to share specific examples of how you've improved business performance in previous roles, as this will highlight your capability to fulfil the responsibilities outlined.
✨Tip Number 4
Showcase your interpersonal skills by preparing to discuss how you've built relationships with stakeholders in past positions. This is crucial for a role that requires collaboration across various teams and levels within the organisation.
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. Mention any experience you have with IFRS and US GAAP, as these are crucial for the role.
Showcase Interpersonal Skills: Since the role requires collaboration with various stakeholders, provide examples of how you've successfully built relationships and influenced decision-making in previous positions. This will demonstrate your ability to act as a trusted advisor.
How to prepare for a job interview at J.P. Morgan
✨Showcase Your Financial Acumen
As a Vice President in Merchant Services, 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.
✨Highlight Your Leadership Skills
This role requires strong leadership capabilities. Share examples of how you've led teams or initiatives in the past, particularly in complex environments. Emphasise your ability to influence stakeholders and collaborate effectively across different levels of an organisation.
✨Prepare for Technical Questions
Given the focus on Merchant Acquiring and Card Payments, brush up on relevant industry knowledge and technical terms. Be ready to discuss local IFRS and US GAAP standards, as well as any specific experiences you have in these areas.
✨Demonstrate Problem-Solving Skills
The ability to analyse large data sets and present conclusions is crucial. Prepare to discuss specific challenges you've faced in previous roles and how you approached problem-solving. Use the STAR method (Situation, Task, Action, Result) to structure your responses.