Job Description
Job Description:
The New Payment Rails (NPR) team is responsible for driving product engagement for Pay by Bank and modernizing payments across all rails including The Clearing House (TCH) RTP, FedNow, and Early Warning Services (EWS). We are transforming how customers move money and delivering the next generation of payment products. Exciting opportunity to be part of the New Payments Networks & Rails (NPR) Product team to deliver the next generation of payment products!
As a Vice President - Product Strategy within the New Payment Rails team, you will be responsible for engaging with key stakeholders and delivering the next generation of payment products. You will work directly with the leadership team, playing a crucial role in shaping team communications, developing relevant content, and producing insights on industry trends to inform business and product strategy. This role provides the opportunity to collaborate with various stakeholders and make a significant impact in the payments ecosystem.
Job Responsibilities:
- Drive strategic initiatives associated with launching and managing real-time payment products
- Refine and communicate Chase's Pay by Bank strategy to senior leadership, developing executive level presentations and communications on product strategy, priorities, and customer impact
- Monitor, analyze, and produce insights on industry trends, competitive landscape, and regulatory changes to inform business strategy, process improvements, or product differentiation
- Own rules program management with EWS, TCH RTP and FedNow and partner with Product leads to advocate externally for Chase's objectives, driving network-wide strategy
- Responsible for driving rules changes into the organization, including impact of technical specs and propose adjustments to internal processes as needed
- Collaborate with Banking Payment leads, Strategy, Payments Network Office, Corporate Investment Bank, Legal, Compliance, Risk, Government Relations etc. to develop and deliver relevant and tailored content, while considering competitive dynamics and trends, regulatory landscape, customer perception and behavior, and transaction patterns
Required qualifications, capabilities and skills:
- 5+ years in strategy consulting or banking / fintech roles
- Excellent analytical skills with the ability to present recommendations in a clear and concise way
- Strong communicator with analytical and influencing skills
- Ability to analyze opportunities & problems, recommend solutions, and resolve roadblocks as needed
- Demonstrated ability to adapt, and thrive while managing multiple initiatives to completion in a fast-paced dynamic environment
- Proven ability as an efficient liaison between business strategy functions and key stakeholders
Preferred qualifications, capabilities and skills
- Advanced degree in applicable field (Masters, MBA) is preferred
- Knowledge and prior experience in real-time payments space
About Us
Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
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.
Equal Opportunity Employer/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.
We offer a broad array of credit cards to meet the needs of individuals and small businesses, including Chase-branded and co-branded cards in partnership with well-known companies and organizations. Merchant Services is a leading provider of payment, fraud and data security for companies, capable of authorizing transactions across global currencies.
Top Skills
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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