1+ months

JPM Payments- Escrow Services-Escrow Sales Associate

Jersey City, NJ 07302
  • Job Code
    210271989

The Escrow Sales Associate will support select Escrow Sales Executives in their efforts to generate new business revenue while adhering to service capabilities and proper risk controls and processes. This will involve ensuring Anti-Money Laundering/Know Your Customer (œKYC) requirements are met in compliance with the USA PATRIOT Act, accurate and timely processing of KYC records, maintaining a relationship management system, loading all deal information into the sales system, managing the deal pipeline and related meetings, assisting with client correspondence and preparing and delivering marketing materials related to prospecting.

Primary Responsibilities

  • Develop a thorough understanding of Escrow products & services, risk inherent in our daily business, the clients and intermediaries we serve and associated sales strategies
  • Review of clients before onboarding to ensure appropriate documentation is requested
  • Handle communication with clients, Sales, Wholesale Client Onboarding (WKO) and Client Service to coordinate proper collection, tracking and loading of necessary KYC documentation
  • Oversee KYC approval process by answering client and internal questions, addressing system issues and ensuring adequate KYC checks have been performed in advance of the deal closing
  • Partner with WCOB and Compliance regarding risk issues as they arise and escalate as necessary
  • Timely input of deal information and call report activities into internal sales system and oversight of pipeline report and weekly pipeline meeting
  • Work closely with Sales to further business development by assisting in research and sales call preparation
  • Develop understanding of deal acceptance criteria in order to be able to mitigate risk exposure to the firm.
  • Assist with client correspondence, including preparation of marketing materials, thank-you cards, follow-up materials
  • Handle additional sales support activities and projects as they arise and serve in a back-up capacity during Sales Executives™ travel, including phone coverage and new deal responsibilities

Qualifications:

  • Demonstrated strong working relationships with colleagues and foster a team mentality
  • Must be customer-focused, with the ability to prioritize and handle multiple tasks simultaneously while working in a high-volume, fast-paced environment
  • Excellent verbal and written communication, as well as organization and time-management skills
  • Ability to think critically, learn rapidly, generate ideas and use creativity for new business development support
  • Proficient in MS Office (Word, Excel, PowerPoint) with the ability to learn and use various PC/internet-based systems.
  • Essential character traits: Positive attitude, team-oriented, hard-working, enthusiastic
  • 1-3 years™ experience in Banking or related Financial Services field with a BS/BA

Keyword: card%20services

The Escrow Sales Associate will support select Escrow Sales Executives in their efforts to generate new business revenue while adhering to service capabilities and proper risk controls and processes. This will involve ensuring Anti-Money Laundering/Know Your Customer (œKYC) requirements are met in compliance with the USA PATRIOT Act, accurate and timely processing of KYC records, maintaining a relationship management system, loading all deal information into the sales system, managing the deal pipeline and related meetings, assisting with client correspondence and preparing and delivering marketing materials related to prospecting.

Primary Responsibilities

  • Develop a thorough understanding of Escrow products & services, risk inherent in our daily business, the clients and intermediaries we serve and associated sales strategies
  • Review of clients before onboarding to ensure appropriate documentation is requested
  • Handle communication with clients, Sales, Wholesale Client Onboarding (WKO) and Client Service to coordinate proper collection, tracking and loading of necessary KYC documentation
  • Oversee KYC approval process by answering client and internal questions, addressing system issues and ensuring adequate KYC checks have been performed in advance of the deal closing
  • Partner with WCOB and Compliance regarding risk issues as they arise and escalate as necessary
  • Timely input of deal information and call report activities into internal sales system and oversight of pipeline report and weekly pipeline meeting
  • Work closely with Sales to further business development by assisting in research and sales call preparation
  • Develop understanding of deal acceptance criteria in order to be able to mitigate risk exposure to the firm.
  • Assist with client correspondence, including preparation of marketing materials, thank-you cards, follow-up materials
  • Handle additional sales support activities and projects as they arise and serve in a back-up capacity during Sales Executives™ travel, including phone coverage and new deal responsibilities

Qualifications:

  • Demonstrated strong working relationships with colleagues and foster a team mentality
  • Must be customer-focused, with the ability to prioritize and handle multiple tasks simultaneously while working in a high-volume, fast-paced environment
  • Excellent verbal and written communication, as well as organization and time-management skills
  • Ability to think critically, learn rapidly, generate ideas and use creativity for new business development support
  • Proficient in MS Office (Word, Excel, PowerPoint) with the ability to learn and use various PC/internet-based systems.
  • Essential character traits: Positive attitude, team-oriented, hard-working, enthusiastic
  • 1-3 years™ experience in Banking or related Financial Services field with a BS/BA

Keyword: card%20services
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world™s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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. In accordance with applicable law, we make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the œWELL Health-Safety Rating for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm™s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm™s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans
J.P. Morgan Payments is among the world's largest, most trusted and innovative full-service providers in one of the most dynamic and rapidly transforming spaces in financial services. In addition to providing international cash management, liquidity, commercial card, FX, escrow solutions, merchant services and trade finance, we continue to invest in future-growth initiatives, such as blockchain, AI & ML, as well as form partnerships with rising fintechs to expand our client base and product offerings.‹

Boasting more than 135,000 clients in over 180 countries, J.P. Morgan Payments offers specialized solutions that provide operating efficiencies and value beyond other standardized solutions available in the market. Our global product and technology platform, integrated client service model and network of operational centers enable J.P. Morgan Payments to deliver a consistent set of services to clients no matter where they are across the world.

Categories

Posted: 2022-07-06 Expires: 2022-12-23

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.

Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries.

Sponsored by:
ADP Logo

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

JPM Payments- Escrow Services-Escrow Sales Associate

JPMorgan Chase & Co.
Jersey City, NJ 07302

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast