Treasury Services-Global Pricing Strategy Manager, VP
Business: CIB/Treasury Services
Position Name: Pricing Strategy - Global Pricing & Billing Transformation
Position Level: Vice President
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operating in more than 67 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase 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.
J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, Treasury services, markets and investor services. J.P. Morgan Treasury Services (TS) is one of the world's largest, most trusted and innovative full-service providers of domestic and international cash management, liquidity, commercial card, 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 TS to deliver a consistent set of services to clients no matter where they are across the world.
CIB's Treasury Services (TS), working in conjunction with the JPM's Commercial Bank (CB), is undertaking a Global Pricing & Billing initiative that will focus on E2E business transformation. The new Global Pricing & Billing system will be a strategically important and industry-leading platform that will meet evolving client and market trends, as well as provide enhanced business controls. This will serve to re-engineer the Global Pricing & Billing operating model, driving efficiencies and enhanced business results. This will be a complex, multifaceted, multiyear program that will cut across several transformation dimensions - Strategy, Client Experience, People Experience and Operational Excellence - and will deliver increased client satisfaction, cost efficiencies and incremental revenues.
Position Overview & Key Responsibilities
The Pricing strategy VP will have primary responsibility for defining, designing and executing key capabilities for the new Pricing tools. This position will report to the Head of the Revenue Management team. Key responsibilities include, but are not limited to, the following:
Lead pricing modernization work streams(s) under the overall global pricing and billing transformation program
Define E2E business requirements supporting core functions ranging from Deal review, pricing strategy, pricing pro formas, service code simplification etc.
Act as the subject matter expert to articulate functional requirements to technology partners to build target state capabilities
Work across the TS (regional and global product executives) and CB organizations to ensure completeness of the business requirements and capabilities across all products within TS (inclusive of Commercial card and Trade products)
Work closely with the Billing transformation team to ensure seamless design and execution of the E2E pricing & billing operating model
Identify automation opportunities and ensure required enhancements are built into overall system design
Provide significant input on the design and delivery of enhanced analytical tools that will leverage data created and managed by the new Pricing & billing system
Engage actively in weekly, monthly and quarterly communication processes with project team members
- Bachelor's Degree, advanced degree a plus
- Financial Services experience, preferably within Revenue Management for Treasury Management products and related functions; financial deal modeling and pricing strategy experience a plus
- 7 years of experience running complex projects (Agile methodology experience preferred)
- Creative problem solver; experience building and executing innovative and differentiated solutions that deliver against long term business strategies
- Highly organized and highly analytical
- Proven track record with large, cross-LOB programs
- Strong influencing and conflict resolution skills
- Excellent written and verbal communication skills; should be comfortable speaking to senior managers and front line employees
- High proficiency in Microsoft Project, Visio, PowerPoint and Microsoft Excel
Job Status: Full Time
Job Reference #: 180061814