Merchant Pricing and Financial Modeling

Merchant Pricing and Financial Modeling

JP Morgan Chase & Co.
3-6 years
Not Specified

Job Description



About the Employer
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. 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. Information about JPMorgan Chase & Co. is available at.
Global Finance & Business Management (GF&BM) India is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.
GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main pillars of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions.
We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.
JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

About the Team
J.P.Morgan's Corporate & Investment Bank (CIB) is a global leader across Payments, Securities Services, Investment & Coverage Banking & Markets and Businesses. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries.
J.P. Morgan Payments is one of the world's largest, most trusted and innovative full-service providers of domestic and international cash management, liquidity, commercial card, merchant processing, FX and escrow solutions. With more than 135,000 corporations, financial institutions, public sector agencies and non-government clients in over 180 countries across the globe, we offer specialized solutions that provide operating efficiencies and value beyond other standardized solutions available in the market. Our global product and technology platform, integrated client service model and network of operational centers enable us to deliver a consistent set of services to clients no matter where they are across the world.
Merchant Services is the global payment processing business for JPMorgan Chase & Co and the world's leading merchant acquirer with over $1+ trillion in annual transaction volume. Merchant Services is a leading provider of payment, fraud, and data security for companies large and small and capable of authorizing transactions in more than 130 currencies.
Within Merchant Services, the Product Pricing Strategy team oversees Pricing decisions from initial conception through to execution and ongoing implementation. A core part of the Finance & Business Management group, the team helps bridge the gap between Product and Finance, supporting the broader modernization efforts across Merchant Services. We are seeking an Associate to join the group and help drive data and pricing analysis, as well as help define pricing strategies for the Merchant Services business. Which might be relevant and provide insight and decision support to the business and the leadership teams
About the Role
Primary Responsibilities:
  • Gather qualitative and quantitative information on Merchant Services product usage, leveraging a mix of internal (e.g., billing and usage data) and external (e.g., consultant reports) data sources
  • Develop Pricing models for new and existing Merchant Services products, including specific recommendations on pricing and broader go-to-market strategies
  • Support execution of pricing initiatives and recommendations through close coordination of internal partners and stakeholders including Sales, Marketing, Product, Operations, and Billing teams
  • Communicate with regional pricing teams to monitor any regulatory changes and impact on pricing
  • Ad hoc analysis as required including financial modelling, support of customer requests and customer profitability
  • Document and provide presentation materials for business and finance stakeholders
  • Ensure financial information is in compliance with US/EU/Canada and firm's corporate accounting policies, documenting exceptions where appropriate.

Desired Candidate Profile:
  • MBA in Finance/CA with 3+ years & above experience within the Financial Services - preferred with financial modeling or Merchant Pricing an advantage
  • Ability to research issues/problems and provide a solution-based approach
  • Strong analytical skills with great attention to detail and spotting trends
  • Analytical mind-set, structure approach, attention to detail and accuracy.
  • Strong interpersonal, communication and team-building skills
  • Ability to manage several projects and tasks concurrently
  • Excellent communication skills and executive presence including the ability to present complex and sensitive matters to Senior management, Product Managers & Business Managers across levels.
  • Good leadership & motivational skills
  • Team player and ability to work closely with global team members and other groups in the organization.
  • Good knowledge of Payments business products is a plus.
  • Prior experience in SQL, Alteryx, QlikView, Xceptor, Robotics, Tableau, VB Macros, complex excel formulas, datasets within Excel, pivot tables and/or BI tools preferred

Shift Timing: 2:30PM to 11:30PM IST

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

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