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Subsidiary Payments Sales Manager - Vice President

ExperiencedNo visa sponsorship
J.P. Morgan logo

at J.P. Morgan

Bulge Bracket Investment Banks

Posted 14 days ago

No clicks

This employer did not include a short summary.

Compensation
Not specified

Currency: Not specified

City
Jersey City
Country
United States

Full Job Description

Location: Jersey City, NJ, United States

Join the North America Subsidiary Payments Sales team! As a key individual contributor on the team, you will drive the end-to-end client experience for an inbound Payments portfolio of Large Corporate Asia Pacific HQ clients.  

As a Payments Sales Manager (PSM) within the Payments Corporate Sales team, you will be responsible for developing new business from clients within the Subsidiary Payments Sales vertical. You will be expected to structure relevant U.S & Canada Payments solutions for clients with value to the firm (goal will vary by position) as well as build a strong pipeline of opportunities. 

In order to achieve the sales goal, each PSM is expected to execute a comprehensive selling strategy in conjunction with Global Corporate Banking, Subsidiary Banking, and Product. You will also be required to collaborate with stakeholders across the business - client service, implementation, operations, technology, risk, credit, legal in order to optimize delivery. You will also be responsible for actively gaining a thorough understanding of the market, the industry in which the client operates, the clients organizational and operating structure, buying process, regional nuances and business objectives to effectively position J.P. Morgan and Payments solutions optimally. 

  

Job responsibilities 

  • Deepen and grow existing market relationships 

  • Work in partnership with bankers to develop new profitable business from prospective clients 

  • Engage J.P. Morgan Payments Solutions, bankers and clients at senior and strategic levels to provide integrated treasury solutions within a consultative and client driven framework 

  • Partner with internal product stakeholders when representing the client perspective in the development/evolution of complex products and solutions 

  • Understand clients business goals, environments, strategies, and industry trends to better determine their requirements and identify potential new business opportunities for J.P. Morgan Payments via appropriate solution(s); traditional cash management, trade & working capital, liquidity, TSFX, commercial card and merchant acquiring.  

  • Understand the competitions capabilities and gaps, and how to position J.P. Morgan Payments  

  • Manage client visitation and contact; promoting sales through frequent client meetings and discussions covering new products, market and industry developments 

  • Manage proposal writing and the entire sales process including both competitive RFIs/RFPs 

  • Develop and enhance in-depth client knowledge and share it with the client coverage team for both new business development and management of client risk 

  • Address business issues such as risk, legal, and compliance, and manage resolution, including conducting AML due diligence reviews of high-risk industry clients. 

  • Work closely with the subsidiary banking coverage team to drive efforts to expand existing business with current clients, providing feedback to product managers and generating cross-sell opportunities by maintaining strong working relationships with other J.P. Morgan lines of business 

  

Required qualifications, skills and capabilities 

  • Strong experience in a financial services sales focused role, providing payments and cash management services (6+ years industry experience) 

  • Demonstrated ability to develop and deepen senior client relationships 

  • Deep knowledge of payments ecosystem covering transaction banking, merchant acquiring and working capital 

  • Ability to develop creative solutions to optimize working capital levels across the organization 

  • Ability to develop collaborative relationships with key internal partners Sales, Product Management, Client Service, Global Corporate Bank, Investment Banking and Implementations 

  • Must have strong leadership, presentation and communication skills 

  • Proven ability to negotiate and execute large scale projects 

  • Bachelors degree or equivalent in Business Administration, Finance, or a related field 

  

Preferred qualifications, skills and capabilities 

  • Strong verbal communication skills Mandarin or Japanese 

As a key contributor on the team, you will drive the end-to-end client experience for an inbound Payments portfolio of Large Corporate.

Subsidiary Payments Sales Manager - Vice President

Compensation

Not specified

City: Jersey City

Country: United States

J.P. Morgan logo
Bulge Bracket Investment Banks

14 days ago

No clicks

at J.P. Morgan

ExperiencedNo visa sponsorship

This employer did not include a short summary.

Full Job Description

Location: Jersey City, NJ, United States

Join the North America Subsidiary Payments Sales team! As a key individual contributor on the team, you will drive the end-to-end client experience for an inbound Payments portfolio of Large Corporate Asia Pacific HQ clients.  

As a Payments Sales Manager (PSM) within the Payments Corporate Sales team, you will be responsible for developing new business from clients within the Subsidiary Payments Sales vertical. You will be expected to structure relevant U.S & Canada Payments solutions for clients with value to the firm (goal will vary by position) as well as build a strong pipeline of opportunities. 

In order to achieve the sales goal, each PSM is expected to execute a comprehensive selling strategy in conjunction with Global Corporate Banking, Subsidiary Banking, and Product. You will also be required to collaborate with stakeholders across the business - client service, implementation, operations, technology, risk, credit, legal in order to optimize delivery. You will also be responsible for actively gaining a thorough understanding of the market, the industry in which the client operates, the clients organizational and operating structure, buying process, regional nuances and business objectives to effectively position J.P. Morgan and Payments solutions optimally. 

  

Job responsibilities 

  • Deepen and grow existing market relationships 

  • Work in partnership with bankers to develop new profitable business from prospective clients 

  • Engage J.P. Morgan Payments Solutions, bankers and clients at senior and strategic levels to provide integrated treasury solutions within a consultative and client driven framework 

  • Partner with internal product stakeholders when representing the client perspective in the development/evolution of complex products and solutions 

  • Understand clients business goals, environments, strategies, and industry trends to better determine their requirements and identify potential new business opportunities for J.P. Morgan Payments via appropriate solution(s); traditional cash management, trade & working capital, liquidity, TSFX, commercial card and merchant acquiring.  

  • Understand the competitions capabilities and gaps, and how to position J.P. Morgan Payments  

  • Manage client visitation and contact; promoting sales through frequent client meetings and discussions covering new products, market and industry developments 

  • Manage proposal writing and the entire sales process including both competitive RFIs/RFPs 

  • Develop and enhance in-depth client knowledge and share it with the client coverage team for both new business development and management of client risk 

  • Address business issues such as risk, legal, and compliance, and manage resolution, including conducting AML due diligence reviews of high-risk industry clients. 

  • Work closely with the subsidiary banking coverage team to drive efforts to expand existing business with current clients, providing feedback to product managers and generating cross-sell opportunities by maintaining strong working relationships with other J.P. Morgan lines of business 

  

Required qualifications, skills and capabilities 

  • Strong experience in a financial services sales focused role, providing payments and cash management services (6+ years industry experience) 

  • Demonstrated ability to develop and deepen senior client relationships 

  • Deep knowledge of payments ecosystem covering transaction banking, merchant acquiring and working capital 

  • Ability to develop creative solutions to optimize working capital levels across the organization 

  • Ability to develop collaborative relationships with key internal partners Sales, Product Management, Client Service, Global Corporate Bank, Investment Banking and Implementations 

  • Must have strong leadership, presentation and communication skills 

  • Proven ability to negotiate and execute large scale projects 

  • Bachelors degree or equivalent in Business Administration, Finance, or a related field 

  

Preferred qualifications, skills and capabilities 

  • Strong verbal communication skills Mandarin or Japanese 

As a key contributor on the team, you will drive the end-to-end client experience for an inbound Payments portfolio of Large Corporate.