JPMorganChase
Merchant Services Relationship Manager - Payments - Vice President
Job Description
You are a strategic thinker, passionate about delivering solutions to clients. You have found the right team.
As a Relationship Manager within Merchant Services, you will be responsible for the retention and growth of an assigned portfolio through a proactive and strategic management approach. You could manage a single large strategic client or portfolio of clients, addressing their day-to-day support needs, increasing revenue through the cross-selling of products and services, establishing and maintaining strong relationships with key decision-makers and act as a consultantfor all your clients payments needs.. Service standards are foundational, which includes Quarterly Business Reviews, Weekly Status calls, technical and regulatory updates, etc. In this role, you will direct the management of strategic client relationships through both face-to-face and non-face to face communication channels, written and verbal. This includes negotiating contracts needed to meet retention and consulting goals. Management of assigned portfolio includes regular status reporting and ongoing maintenance of portfolio database system used to measure performance and/or results
Job Responsibilities
- Directs the management of all account relationships within an assigned portfolio, typically through both face-to-face and non-face to face communication channels, written and verbal,
- Works on negotiating contracts needed to meet retention and consulting goals
- Manages an assigned portfolio including regular status reporting and ongoing maintenance of portfolio database system used to measure performance and/or results
- Acts as transaction processing consultant for clients providing alternative processing solutions and options. Monitors and analyzes financial consequences of processing methods, and works with clients to minimize their costs in this area
- Identifies improvements to existing systems/products, and opportunities for new products and services. Sells value-added products or services to existing accounts
- Develops and implements educational programs designed to improve client's transaction processing performance
- Works with internal departments to ensure a high level of support for the client. Examples include resolving software, hardware, and policy problems
- Manages communications with lines of business partners to ensure a unified account management strategy with client base
- Identifies and implements processes to reduce companies operating expense
- Traveling will be required to merchant locations nationally
Required Qualifications, Skills and Capabilities:
- 8+ years of relationship management or sales experience
- Financial and payment industry knowledge and expertise
- Knowledge of payment processing industry, acquiring and/or merchant
- Demonstrated ability to grow and expand relationships with Fortune 500 caliber clients
- Knowledge of computer software systems including word processing, spreadsheets and databases
- Strategic view point but also actively engaged in the details to support client needs
- Strong communication skills, both verbal and written.
- Strong time-management skills; ability to multi-task, prioritize, meet dynamic deadlines
- Must be able to travel nationally up to 30% annually with the potential for international travel at client's request.
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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.