What are the responsibilities and job description for the Executive Director, Payments Network Strategy position at JPMorgan Chase?
The Payments Network Strategy team is responsible for developing and executing strategies across consumer and small business segments, including building, partnering, and acquiring capabilities. The team manages relationships with major networks such as Visa and MasterCard, negotiates strategic partnerships, and ensures the organization is positioned to deliver customer value in a rapidly evolving payments ecosystem.
As an Executive Director on the Payments Network Strategy team within the Consumer & Community Bank, you will drive the strategic vision and operational excellence for payments initiatives. You will oversee the development and execution of consumer bank and small business strategies, manage key partnerships, and ensure effective collaboration across the organization. You will partner closely with senior executives and functional leaders, supporting the Head of Payments Network Strategy and collaborating with business stakeholders to deliver on the firm’s most critical priorities.
Job responsibilities:
- Develop and implement multi-year strategic plans and key initiatives for payments and card products, ensuring alignment with overall business objectives.
- Manage and set the agenda for issuing priorities with Visa and MasterCard, including oversight of product qualifications, interchange qualifications, and risk management related to new rulemaking.
- 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 status reporting to senior stakeholders, ensuring transparency and alignment.
- Act as project manager for significant deliverables, ensuring timely completion and quality outcomes.
- Craft and deliver executive communications and presentations for senior leadership.
- Provide strategic direction and thought leadership to the Payments & Card team.
Required qualifications, capabilities, and skills:
- 10 years of relevant experience, with a strong background in payments and/or financial services.
- Significant experience with a top-tier strategy or management consulting firm or internal consulting / corporate strategy, including managerial experience motivating and leading junior team members
- Extensive expertise in card payments (e.g., credit, debit, and prepaid card networks).
- Demonstrated experience in managing large, complex programs and strategic initiatives.
- Proven ability to work with and influence a diverse set of stakeholders at the senior executive level, with strong conflict resolution skills.
- Strong interpersonal skills and the ability to work collaboratively, developing strong partnerships with multiple levels of employees.
- Demonstrated ability to handle multiple priorities and produce successful results in a fast-paced environment.
- Executive presence and experience creating and delivering executive presentations in PowerPoint.
- Advanced proficiency in Microsoft Office applications, including Excel and PowerPoint.
- Bachelor’s Degree in Finance or related field
Preferred qualifications, capabilities, and skills:
- MBA or post-graduate degree.
- Experience in product management or technology deliverables tracking.
- Broad based knowledge of payments, card networks, and related industries.
- Experience creating compelling messages for various target demographics