Corporate Development Dining and High Net Worth- Associate
JPMorgan Chase & Co.
Job Description
As an Associate on the Corporate Development Dining and High Net Worth team in the Consumer & Community Bank (CCB), you will think strategically, build and leverage relationships with cross-functional teams, and find ways to manage, execute and deliver on key partnerships. You are innovative, forward-thinking, analytical, and comfortable working in a fast-paced environment. In this role you will have the exciting opportunity to oversee important partnerships and strategies in Dining and High Net Worth – spanning across various LOBs and impacting our customer facing experiences and card benefits. You will work strategically to deepen relationships with existing partners, and identify new partners to enhance dining and high net worth benefits and capabilities. You have hands-on industry experience, can support partnership deals end-to-end in a cross functional environment, balancing the needs of stakeholders, and understand what drives the best economics and outcomes in travel partnerships.
The Corporate Development team at Chase is responsible for the partnerships and strategies at the heart of the most important business decisions across the consumer franchise. Within Corporate Development, the Dining and High Net Worth team is responsible for end-to-end negotiations with both existing strategic partners and future prospects. The partnerships the team works on are critical to meet the needs of our customers in a rapidly changing and competitive environment and we seek individuals who bring deep knowledge of partnership economics, distribution, inventory, loyalty, and contracting to secure market-leading deals.
Job Responsibilities:
- Support cross-functionally within Chase and with external partners to identify, negotiate, and execute key partnerships that drive business results and support the business strategy, including direct negotiations with partners from strategy through term sheet, redlines, and execution
- Collaboratively develop partnership strategy with the lines of business, including identifying key elements of the strategy, completing analysis, and making recommendations
- Structure and deliver specific partner proposals with the lines of business, including overall vision, partnership economics, and product integration
- Work in conjunction with finance, legal and other functional partners to develop financial business case, deal constructs and other key terms associated with partnerships
- Translate business objectives into clear commercial and contractual terms (e.g., SLAs, KPIs, performance thresholds, termination and renewal rights, data use/privacy) and leading contract review and negotiation
- Be a thought leader; monitor external environment for important competitive developments and identify potential partnership opportunities and socialize implications with key LOB stakeholders
- Support the full lifecycle of dining and high net worth partnerships, from opportunity identification and sourcing, through negotiation and contracting, to launch and post-deal performance management, setting clear KPIs and governance to ensure sustained value.
- Operate autonomously and proactively: develop negotiation strategies, prepare term sheets, engage in partner conversations, and propose data-driven recommendations
- Ensure all partnerships are executed in accordance with policies, controls, key functional partners, and Corporate Development procedures
Required qualifications, capabilities, and skills:
- Bachelor’s degree
- 4-6 years of experience with partnership, strategy, and deal execution
- Experience formulating business strategy, including structuring problems, completing analysis, and making recommendations
- Deep analytical skills, including understanding of common financial statements and ability to build financial models in Excel
- Ability to work independently and quickly adapt to new or ambiguous situations without significant assistance
- Exceptional written and oral communication skills and ability to communicate with senior internal and external stakeholders, including drafting persuasive business cases, term sheets, and negotiation briefs, and presenting clear recommendations.
- Comfort working across departments and lines of business within large organizations and fostering long-term relationships
Preferred qualifications, capabilities and skills:
- Deep industry expertise and knowledge of evolving trends
About Us
Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
Equal Opportunity Employer/Disability/Veterans
About the Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.
The Strategy team manages mission-critical projects ranging from developing growth strategies, to assessing and planning entry into new markets, to implementing organizational restructurings and operational efficiencies, and more. Projects are typically team-based and include close collaboration with senior executives.
$100k - $130k
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