What are the responsibilities and job description for the Executive Director – ACH, Open Banking Payments and Transaction Tagging position at JPMorgan Chase?
As an Executive Director on the Payments Network Strategy team within the Consumer & Community Bank (CCB), you will drive the strategic vision and industry advocacy for the ACH, Open Banking Payments and Transaction Tagging. The scope of this role spans advocacy and engagement with Nacha, ACH operators, regional payments associations, originating and receiving financials institutions, aggregators, trade associations, and industry stakeholders impacting the next generation of payments for consumers and small businesses.
As a leader on this team, you will oversee the development and execution of Retail and Small Business strategies where these capabilities come into play, manage key partnerships, and ensure effective collaboration across JP Morgan Chase. You will partner closely with senior executives and functional leaders across the retail and commercial bank, support Payments Network Strategy broadly and collaborate with business stakeholders to deliver on the firm’s most critical priorities.
The primary goal of the Payments Network Strategy team is to deliver customer value through broad-based advocacy to influence the strategic direction of the payments industry in a rapidly evolving payments ecosystem.
Job responsibilities:
- Develop and implement multi-year strategic plans and lead key advocacy initiatives for payments products, ensuring alignment with overall business objectives.
- Manage and set the agenda for retail priorities with Nacha, regional payment associations, other retail and commercial bank product and advocacy leads on the evolution of the ACH, integration and use of open banking and transaction tagging with peer banks and other industry stakeholders.
- Identify, develop, and negotiate strategic partnerships that support and deliver customer value.
- Collaborate with key functional partners—including business, legal, compliance, controls, risk, and finance—to support and execute strategic initiatives.
- Build and lead a high-performing team to drive activity and deliver results.
- Provide regular updates and alternative analyses to senior stakeholders, ensuring transparency and alignment.
- Actively drive priority advocacy initiatives, whether internal or external.
- Craft and deliver executive communications and presentations for senior leadership.
- Provide strategic direction and thought leadership to the Payments & Card Strategy and Advocacy teams.
Required qualifications, capabilities, and skills:
- 10 years of relevant experience, with a strong background in payments and/or financial services.
Applicants must be authorized to work for any employer in the US. We are not able to provide immigration sponsorship or take over sponsorship of an employment visa at this time. Final job grade level and corporate title will be determined at time of offer and may differ from this posting. This role does not provide relocation assistance, so all candidates must be local to the work locations listed in the job posting or willing to relocate on their own immediately upon hire.