What are the responsibilities and job description for the Payments Business Transformation - Pricing Strategy- Associate position at JPMorgan Chase?
Unleash your expertise in pricing execution by leveraging pricing models, analyzing metrics, and collaborating across one of the world’s most innovative financial organizations.
As a Junior Associate within the Payments Strategy & Transformation Pricing team, you will be responsible for taking pricing decisions from initial conception through to execution and ongoing implementation. A core part of the Business Transformations group, the team largely operates on a deal-by-deal basis, supporting Payments Sales teams on everything related to deal pricing including deal price modeling, governance & approvals, and billing & implementations.
Job Responsibilities:
- Lead complex pricing execution scenarios and ad-hoc requests in our largest (“Enterprise”) global clients
- Act as a liaison between Sales and Product teams by providing innovative solutions that considers holistic client relationship as well as product specific concerns
- Improve pricing models used for our largest and most complex deals
- Improve controls over data inputs, outputs and development of model efficiencies
- Integrate pricing models of targeted product and cross-business strategies and opportunities
- Develop client-based reporting to aid Sales in pitching our unique offerings and potential client savings
- Facilitate custom deal review, including sensitivity and scenario planning
- Map and reconciliation of financial data and reporting used to drive Treasury Services pricing
Required Qualifications, Capabilities, And Skills:
- 3 years in pricing, product, Treasury Services Sales, finance or consulting roles
- Strong financial modeling experience, including financial statement analysis, business case development, and comfort with statistical techniques
- Detail-oriented approach to problem-solving; able to break down and structure complex problems, then develop data-driven solutions to guide management decision-making
- Executive presence, including the ability to communicate findings from data analysis in a concise manner to senior stakeholders
- Strong interpersonal skills, including comfort working with cross-functional stakeholders of all levels to achieve team goals based on guidance provided
- Ability to think strategically and proactively create new solutions for
- Strong project and process management skills
- Excellent command of MS Excel and PowerPoint; familiar with analytical and data visualization tools (e.g., Tableau, Alteryx etc.)
Preferred Qualifications, Capabilities, And Skills:
- Payments experience preferred (e.g. Treasury Services)
- Experience with a focus on pricing and/or valuation