Payments Sales Manager – Broker Dealers & Market Structure – Vice President

Base Pay/Salary Jersey City,NJ $123,500.00-$179,000.00

Job Description

Join the NA Broker Dealers and Market Structure Payments Sales team!

As a Payments Sales Manager within the Financial Institutions Group – North America Broker Dealers and Market Structure industry segments, you will be primarily responsible for developing business from existing and new clients/prospects. You are expected to expand the relationships by building a pipeline of sales opportunities and achieving new business sales goals through effective account planning, development of strong client relationships and the implementation of sophisticated Payments solutions. As a key member of the team, you be responsible for a portfolio of clients and will drive the end-to-end client experience.

Job Responsibilities

• Drive sales for the entire Payments product suite, including treasury services which covers core cash management, liquidity management and FX solutions
• Execute JPM Payments sales & client strategy to achieve new business sales objectives, maintain current revenue streams, expand market share and increase the share of wallet with clients.
• Work closely with domestic and overseas coverage and product partners to identify opportunities to provide sophisticated treasury/payments solutions to clients; Collaborate with client service, compliance, operations, technology, risk, credit, legal in order to optimize delivery.
• Stay current on all aspects of the client relationship, including revenue levels, balance levels, credit exposure, KYC compliance.
• Conduct comprehensive client analysis to identify strategic opportunities to market JPMorgan’s payments products and solutions to address client specific needs.
• Negotiate and finalize documentation for pricing updates, RFPs, client events and other ad-hoc proposals.
• Execute a comprehensive selling strategy in conjunction with Product and the Banking coverage officers; Sell Payments products with value to the firm as well as build a strong pipeline of new deals.
• Gain a thorough understanding of the market, the industry in which the client operates, the client’s organizational and operating structure, buying process and business objectives to effectively position JPM and solutions optimally.
• Engage clients at senior and strategic levels to provide integrated treasury solutions within a consultative and client-focused framework. Create strategic dialogues around key client-centric issues, incorporating best practices, benchmarking, opportunity quantification, and solution positioning.
• Manage the entire sales process, including supervising end-to-end implementation and day-to-day operations of client solutions.
• Work as a team and provide leadership to organize and co-ordinate client events as to promote and strengthen J.P. Morgan’s franchise.

Required qualifications, skills and capabilities:

• 5+ years experience selling cash and liquidity management products with in-depth knowledge of such products.
• Proactive with strong initiative and good team player with ability to take ownership and achieve sales goals.
• Strong knowledge in cash, foreign exchange, liquidity and information management products.
• Familiarity with innovative cutting edge treasury/payments products, in addition to an understanding of the credit/risk process and the compliance nuances of digital assets.
• Demonstrated ability to work across internal teams and external clients globally.
• Demonstrated ability to identify supplemental sales opportunities, position and close new business, and assist in the design, sale and delivery of value-added services.
• Competence in assessing new opportunities/prospecting, contacting key decision makers.
• Strong account planning and demonstrated execution.
• Comprehension of customer’s industries (broker dealers, market makers, exchanges/clearinghouse), business needs and potential solutions.
• Excellent verbal communication and negotiation skills.
• Understanding of the regulatory and compliance environment in the market with strong experience in AML/KYC risk and control process.

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.

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