Business Development - Payments - Senior Associate

JPMorgan Chase & Co.; Plano (TX); On-site; USD 55,000 - 95,000; Full time

Job summary

JPMorgan Chase & Co. in Plano, TX is seeking a Business Development Representative II to drive growth for merchant services within the Proactive Sales channel.

You will meet production goals by selling a suite of payment solutions to current and prospective clients through multiple communication methods. The SMB Payments team serves over 5 million US/Canada small business customers and values collaboration, accountability, and customer-centric innovation.

Qualifications

• Strong knowledge of the merchant services industry and client needs.
• Excellent written and verbal communication with diverse stakeholders.
• Proven ability to build relationships and influence outcomes.

Responsibilities

• Cultivate new business opportunities from inbound leads, referrals, and programs.
• Identify opportunities via referral networks and COIs to pursue new clients.
• Present payment solutions and negotiate to close deals.
• Conduct calls with prospects and Chase clients to evaluate needs and propose solutions.
• Maintain sales records and prepare reports; support implementation and risk controls.

Skills

Merchant services knowledge

Excellent communication

Relationship building

Time management

Negotiation

Tools

MS Office (Outlook, Excel, Word, PowerPoint)

Job description

Come be a part of our team and help shape the future of merchant services at JPMorgan Chase.

As aBusiness DevelopmentRepresentative II in the Proactive Sales channel you will be working in a fast-paced environment and will be responsible for meeting monthly and annual production goals by selling a suite of Merchant Services products and services to our current and prospective clients via multiple ways of communication.

The Small & Medium-Sized Business Organization (SMB Payments) is part of global JPMorgan Payments organization and is an innovative leader in serving small and medium-size business clients through banking, payments, and value-added services. We take a client-first approach in developing solutions that help our more than 5 million small business customers across the US and Canada to start, run and grow their businesses. Together, J.P. Morgan and Chase hold the #1 position in payments market share -- both in number of transactions and volume -- processing over 2 trillion in volume and over 50% of eCommerce transactions in the U.S. The SMB Payments team is a group of builders with an entrepreneurial mindset, and we are looking for team members who value collaboration, accountability, inclusivity, customer centricity and innovation.

Job Responsibilities

• Cultivate new business opportunities frominbound generated lead sources, partner referrals, and marketing programs

• Will also identify and self-source client opportunities through building and utilizing referral networks and centers of influence to independently identify and pursue potential new business clients. Serves as trusted advisor, leveraging core knowledge, to recommend and promote banking and payment processing solutions to clients to ensure a seamless client experience across Chase

• Executing a short sales cycle with a high velocity of leads

• Communicatingboth verbally and in writing with key decision-makers at a variety of levels (Small to Mid-size business owners, CEOs, etc.)toevaluate needs and propose solutions from our payment solution portfolio

• Regularly conducts calls with prospects, centers of influence (COIs), and existing Chase clients through the remote, Hub-based model

• Completes analysis to competitively identify and price Chase products and services for profitability. Maintains detailed and accurate electronic sales records and prepares sales reports as required

• Negotiates leveraging customized pricing models with clients to close business

• Works with internal partners to ensure successful implementation, product ramp-up

• Protects the firm by following sound risk management protocols and adhering to regulatory requirements. Works directly with Credit, Risk, and Quality Control to adhere to Anti-Money Laundering/Know Your Customer regulations

Required qualifications, capabilities, and skills

• Strong knowledge of the merchant services industry, products and services and diverse types of businesses, industries, markets, financial and economic concepts

• Excellent communication skills both verbally and in writing with individuals at all levels, internally and externally. Highly proficient in MS Office tools including Outlook, Excel, Word, and PowerPoint

• Proven ability to build relationships with clients and internal partners and influence others to achieve desired outcomes

• Uses sound judgment to offer comprehensive and customized solutions that best meet client needs; able to identify and recommend appropriate alternatives when traditional solutions do not apply

• Ability to balance needs of clients with associated risks and interests of the firm.

• Establishes and consistently uses a disciplined process to manage time; uses time strategically to accomplish business objectives and follow through with commitments