Business Development Rep II - Payments

JPMorgan Chase & Co.Plano, TX
Remote

About The Position

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

Requirements

  • 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.

Responsibilities

  • Cultivate new business opportunities from inbound generated lead sources, partner referrals, and marketing programs.
  • 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. Serve as a trusted advisor, leveraging core knowledge, to recommend and promote banking and payment processing solutions to clients to ensure a seamless client experience across Chase.
  • Execute a short sales cycle with a high velocity of leads.
  • Communicate both verbally and in writing with key decision-makers at a variety of levels (Small to Mid-size business owners, CEOs, etc.) to evaluate needs and propose solutions from our payment solution portfolio.
  • Regularly conduct calls with prospects, centers of influence (COIs), and existing Chase clients through the remote, Hub-based model.
  • Complete analysis to competitively identify and price Chase products and services for profitability. Maintain detailed and accurate electronic sales records and prepare sales reports as required.
  • Negotiate leveraging customized pricing models with clients to close business.
  • Work with internal partners to ensure successful implementation and product ramp-up.
  • Protect the firm by following sound risk management protocols and adhering to regulatory requirements. Work directly with Credit, Risk, and Quality Control to adhere to Anti-Money Laundering/Know Your Customer regulations.

Benefits

  • Comprehensive health care coverage
  • On-site health and wellness centers
  • Retirement savings plan
  • Backup childcare
  • Tuition reimbursement
  • Mental health support
  • Financial coaching
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