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Payment Networks Strategy Vice President

AT JPMorgan Chase
JPMorgan Chase

Payment Networks Strategy Vice President

New York, NY

We are seeking a talented Vice President to join the Payment Networks Strategy & Advocacy team!

As a Vice President on the Payment Networks Strategy & Advocacy team, you will play a crucial role in determining the future of JPMorgan Chase & Co.'s payment strategy. You will collaborate closely with key stakeholders across the Consumer and Community Banking and Corporate and Investment Bank to formulate consumer bank and small business payment strategies, inform JPMorgan Chase & Co.'s external advocacy approach at major payment networks, and assist in the identification and development of strategic partnerships. This role provides the chance to impact the progression of the payments industry and contribute to the transformation it is currently undergoing.

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Shape the future of our payment strategy as a strategic thinker, collaborating with key stakeholders across various divisions.
  • Develop consumer bank and small business payments strategies
  • Inform JPMC's external advocacy approach at major payment networks
  • Support identification and development of strategic partnerships
  • Job responsibilities

    • Inform the strategy for product development and rule changes across payment networks such as NACHA, TCH, EWS, the Fed, Visa, MasterCard
    • Focus on emerging new ways of money movement and the risks/opportunities that need to be managed
    • Partner across the firm to ensure alignment between retail and wholesale team agenda and objectives
    • Work with key stakeholders (business, legal, risk, product, government relations) across CCB and CIB to identify, raise, discuss and resolve paths forward on key payments topics
    • Develop and present briefings on priority topics for senior leaders
    • Own and set the agenda for collaborative meetings within the CCB and across the CCB and CIB senior leadership
    • Stay aware of developments domestically and overseas related to traditional payment networks and across alternative payment methods, especially real-time payments
    • Help identify key strategic partners and negotiate winning partnerships that support and deliver customer value
    • Help develop the ongoing advocacy strategy for the firm across key consumer payments and banking related legislative and regulatory issues

    Required qualifications, capabilities, and skills:

    • Passion for the payments industry and the transformation it is undergoing and the challenges it faces
    • Bachelor's degree in Finance or related field
    • 7+ years of experience at a major financial services firm, consulting firm or payments firm
    • Experience creating compelling messages for various target demographics
    • Ability to operate in ambiguity and grey area, and bring a structured approach
    • Strong influencing and partnership / collaboration skills to drive cross-functional teams
    • Ability to productively work in a matrix management organization including building and maintaining strong working relationships across a diverse set of stakeholders


    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

    Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

    The Strategy team manages mission-critical projects ranging from developing growth strategies, to assessing and planning entry into new markets, to implementing organizational restructurings and operational efficiencies, and more. Projects are typically team-based and include close collaboration with senior executives.

    Client-provided location(s): New York, NY, USA
    Job ID: JPMorgan-210613021
    Employment Type: Full Time