At a Glance
- Tasks: Lead key Merchant Acquiring initiatives and optimise business performance.
- Company: Join J.P. Morgan, a global leader in financial services with a commitment to diversity.
- Benefits: Enjoy flexible working, competitive salary, and opportunities for professional growth.
- Why this job: Be part of a dynamic team driving impactful financial strategies in a diverse environment.
- Qualifications: Qualified Accountant with FP&A experience and strong analytical skills required.
- Other info: This role offers a chance to influence key stakeholders and develop essential business metrics.
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.
- 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.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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.
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.
Merchant Services Business Manager - Vice President employer: JPMorgan Chase & Co.
Contact Detail:
JPMorgan Chase & Co. 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 key players and gain insights into current trends, which can help you stand out during interviews.
✨Tip Number 2
Familiarise yourself with J.P. Morgan's recent initiatives and performance metrics in the Payments & Commerce Solutions sector. This knowledge will allow you to engage in informed discussions and demonstrate your genuine interest in the role.
✨Tip Number 3
Prepare to discuss your experience with financial analysis and reporting, particularly in relation to IFRS and US GAAP. Be ready to provide examples of how you've successfully managed budgets and improved business performance in previous roles.
✨Tip Number 4
Showcase your analytical skills by preparing a case study or example of how you've tackled complex data sets in the past. Highlight your problem-solving approach and the impact of your findings on business decisions.
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 optimise business performance and manage key initiatives.
Craft a Compelling Cover Letter: In your cover letter, express your motivation for applying to this role at J.P. Morgan. 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 analytical and problem-solving skills, as well as your proficiency with Excel and PowerPoint. Mention any experience you have with IFRS and US GAAP, as these are crucial for the role.
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 previous positions. This will demonstrate your strong interpersonal skills.
How to prepare for a job interview at JPMorgan Chase & Co.
✨Understand the Financial Landscape
Make sure you have a solid grasp of financial principles, especially IFRS and US GAAP. Be prepared to discuss how these frameworks apply to the Merchant Acquiring space and how they can impact business performance.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to analyse large data sets. Bring examples of how you've used data to drive decisions or improve business outcomes in previous roles, as this will be crucial for the position.
✨Highlight Your Leadership Experience
As a Vice President, you'll need to lead teams and initiatives. Share specific instances where you've successfully managed projects or teams, focusing on your approach to collaboration and stakeholder engagement.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and decision-making skills. Think of scenarios where you've identified risks or implemented key initiatives, and be ready to discuss the outcomes and lessons learned.