Payments - Subsidiary Payments Sales Manager BeNelux - Vice President /Executive Director (Amsterdam)

Aumni; Amsterdam; On-site; EUR 120,000 - 180,000; Full time

Job summary

J.P. Morgan in Amsterdam seeks a Subsidiary Payments Sales Manager to drive end-to-end client experience for an inbound Payments portfolio of Large Corporate North American HQ clients.

You will develop new business, structure EMEA Payments solutions, and build a strong pipeline in collaboration with Global Corporate Banking, Subsidiary Banking and Product. Fluency in English is required and Dutch or an Asian language is a plus.

Qualifications

• 6+ years in financial services sales with payments and cash management
• Strong 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
• Strong leadership and communication skills
• Clear and effective written and verbal English communication

Responsibilities

• Deepen and grow existing market relationships.
• Develop new profitable business from prospective clients with bankers.
• Engage Payments Solutions and clients at senior levels to provide integrated treasury solutions.
• Collaborate with product stakeholders to represent client perspectives in product evolution.
• Understand client goals and industry trends to identify new business opportunities for J.P. Morgan Payments.
• Present and negotiate proposals through RFIs/RFPs and manage the sales cycle.

Skills

Relationship management

Payments knowledge

Negotiation

Leadership

English communication

Job description

Join the EMEA 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 North American HQ clients.

As a Subsidiary Payments Sales Manager (PSM) within the Subsidiary 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 EMEA Payments solutions for clients with value as well as build a strong pipeline of opportunities.

In order to achieve your 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 client’s 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
• Clear and effective communication written & verbal communication skills – English required,

Preferred qualifications, skills and capabilities

• Dutch or an Asian language preferred

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Come and join the EMEA Subsidiary Payments Sales team in Amsterdam