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International Merchant Services Pricing

Company: JPMorgan Chase
Location: Wilmington
Posted on: August 6, 2022

Job Description:

Reporting to the Head of Merchant Services International Pricing, we seek a Pricing Associate for our J.P. Morgan Merchant Services business with a focus on Canadian pricing but exposure to the EU, LATAM & APAC Markets. The role will play an integral part in the development, execution and measurement of the regions pricing strategy. This individual will manage, revenue/cost and scenario models which will drive key business decisions. They will also compile ad hoc impact analyses pertaining to pricing/structure changes and communicate said analysis to non-experts.About Merchant Services:Merchant Services is the payment acceptance and merchant acquiring business of JPMorgan Chase & Co. - a global financial services firm with assets of $2.5 trillion and operations worldwide. It is a leading provider of payment, fraud management and data security solutions, capable of authorising payment transactions in more than 130 currencies. J.P. Morgan, through its Merchant Services business, has uniquely combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for ecommerce companies. Its processing platforms provide integrated solutions for all major credit and debit card payments as well as mobile payments and processed more than $1 trillion in payment transaction volume worldwide in 2017. According to The Nilson Report, it is also the top merchant acquirer of ecommerce transactions in Europe.Primary Job Functions

  • Continuing development and execution of pricing strategy, focus on Canada but there will be exposure to EU, LATAM & APAC markets
  • Ad hoc analysis as required including financial modelling, support of customer requests and customer profitability
  • Communication of complex analysis to internal and external stakeholders
  • Cross functional collaboration to understand upcoming changes and assess impact
  • Analyse, monitor and report on trends and exceptions including key driver identification
  • Identify variances from pricing assumptions and propose corrections needed
  • Monitor ongoing processing for potential problems and/or possible improvements
  • Review of client contracts and pricing models to ensure accuracy
  • Support other management directives as prescribedRequirements
    • Degree in Business/Finance/Math or equivalent.
    • 5+ Years experience in accounting/finance role preferred
    • High orientation/attention to detail
    • Ability to drive tasks to completion
    • Strong Analytical Skills - Business/Financial
    • Experienced with MS Excel (advanced user), exposure to SQL and/or VBA would be advantageous
    • Ability to work on own initiative, creative thinker and adopts a methodical approach
    • Strong interpersonal skills - able to work well with people at all levels and experience
    • Previous Experience in the card payments industry would be advantageousJPMorgan 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.The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.Equal Opportunity Employer/Disability/Veterans

Keywords: JPMorgan Chase, Wilmington , International Merchant Services Pricing, Other , Wilmington, Delaware

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