Payments Sales Manager - Executive Director
Payments Sales Manager - Executive Director
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$ 142500 - 250000
1 Vacancy
Job Description
Join the North America 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 European HQ clients.
As a Payments Sales Manager (PSM) within the 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 U.S Payments solutions for clients with value to the firm (goal will vary by position) as well as build a strong pipeline of opportunities.
In order to achieve the sales goal each PSM is expected to execute a comprehensive selling strategy in conjunction with Global Corporate Banking Subsidiary Banking and 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 clients 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 (8 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
- Bachelors degree or equivalent in Business Administration Finance or a related field
Required Experience:
Director
Employment Type
Full-Time
