19 days old

Commercial Banking – MMBSI Business Management – VP

JPMorgan Chase & Co.
Chicago, IL 60602
  • Job Code

Commercial Banking – MMBSI Business Management – VP

Req #: 190087175
Location: Chicago, IL, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 3000 US Dollar (USD)

Commercial Banking (CB), one of JPMorgan Chase & Co’s four lines of businesses, provides a full range of services including lending, treasury services, investment banking, commercial card and asset management products to meet its clients’ domestic and international financial needs. Through a network of 125 offices and approximately 8,000 employees, CB serves over 19,000 clients nationally, including corporations, municipalities, financial institutions and not-for-profit entities, with annual revenue generally ranging from $20 million to $2 billion, and over 37,000 real estate clients, owners and investors. In 2015, with almost $170 billion in loans and almost $180 billion in deposits, CB generated revenue and earnings of $7.0 billion and $2.2 billion, respectively.

Within CB, Middle Market Banking & Specialized Industries (MMBSI) serves commercial and industrial U.S. clients with annual revenue generally ranging from $20 million to $500 million. We are committed to building the best commercial bank by helping our clients succeed and making a positive difference in our communities. We are on the path of becoming the best middle market and specialized industries bank in North America and are looking for talented individuals to join the MMBSI Strategy & Business Management team. The Business Manager is a highly visible position and will be filled by a candidate with exceptional drive and energy, who has solid analytical and financial skills, hands-on experience in banking, strategy and business development, strong verbal and written communications skills, and the organizational agility to influence decisions in a highly decentralized organization.

Position Summary:
The MMBSI Strategy & Business Management team is responsible for the development, organization and execution of strategic and tactical initiatives to grow and manage the business. Partnering closely with senior leaders and cross functional teams within MMBSI and across CB, the team helps drive key initiatives, continuous process improvement throughout all aspects of the business and ensures that MMBSI’s complex and evolving business runs smoothly. MMBSI Strategy & Business Management is part of the broader CB Business Management function within CB Finance.

As part of the team, the Business Manager will play a key role in MMBSI’s growth agenda by managing certain ongoing business needs and leading key projects and initiates. The role offers a high level of visibility into MMBSI and CB business strategy.

This role will focus on the Midwest Segment of MMBSI with accountability to the Midwest Segment Head.

Primary Responsibilities:

1. Development, organization and execution of strategic and tactical initiatives to grow and manage the business

  • Support the California leadership team & segment business manager on various initiatives related to business strategy, reporting, data quality, communications, technology, real estate and more
  • Help drive banker and salesforce engagement in MMBSI initiatives
  • Represent and advocate for MMBSI in various Commercial Banking and cross LOB projects

2. Drive and operationalize key initiatives

  • Assist in identifying the right resources, content experts and decision makers to complete projects and meet goals
  • Develop and manage overall project plans including, tasks, milestones, staffing and deliverables
  • Provide value-added support of ongoing business-specific requirements, such as sales enablement, as needed 
  • Ensure projects are completed in accordance with risk, compliance and legal standards

3. Drive continuous process improvement throughout all aspects of the business

  • Leverage broad understanding of the business to identify opportunities for process improvement and enhanced efficiencies
  • Contribute to the development and implementation of best practices, project standards and procedures for MMBSI Business Management team

4. Ensure complex and evolving business runs smoothly

  • Develop a strong understanding of systems, tools, data and reporting leveraged by the business
  • Partner with business managers to create, implement and continuously improve key business reporting and also monitor data quality and consistency
  • Work with MMBSI senior management to communicate business updates and organizational announcements within MMBSI
  • Prepare presentations and materials for senior management meetings, including Business Reviews and Town Halls

5. Help drive overall CB Business Management agenda

  • Enhance the quality of our sales and client data
  • Deliver analytics and insight by leveraging best in class business intelligence, reporting resources and technology
Key Skills Required:
  1. Execution and project management skills – Well-developed organizational skills to manage multiple projects and priorities. Scope projects and create workable project plans. Must be self-directed with the ability to explore innovative ways to perform tasks in an efficient and timely manner. Must be proactive, high energy, detail and results-oriented, and willing to drive change. Strong organizational and time management skills; flexibility, ability to prioritize requests and multi-task
  2. Communications skills –  Must possess strong verbal and written communications skills, including the ability to synthesize “the story” for executive-level audiences and adjust messages and style based on different audiences and agendas
  3. Problem solving skills – Strong analytical capabilities coupled with the ability to identify issues, gather and manipulate data, obtain consensus  and implement change
  4. Technical and analytical skills – Able to produce accurate, error-free analysis. Understand business drivers and ensure that the team’s analyses are sound
  5. Leadership and interpersonal skills – Must be able to interact and influence colleagues at all levels in the business.  Able to collaborate with peer team members across business and staff areas at all levels, and achieve goals without direct control over all resources.  Must have flexible work style and be able to develop junior colleagues within the team



  • 8+ years of relevant experience in banking, finance, strategy development, program management and/or business management or other similar role, preferably with knowledge of wholesale banking
  • Knowledge of Commercial Banking, Treasury Services  and/or Investment Banking
  • Familiarity with internal J.P. Morgan wholesale banking systems (e.g. Client Central, CKC)
  • A track record demonstrating a high level of personal initiative, setting and achieving challenging goals, and demonstrating entrepreneurial leadership
  • Demonstrated high level of performance evidenced through annual reviews and recommendations
  • Bachelor’s Degree required, MBA preferred

Keyword: card%20services


Posted: 2019-11-26 Expires: 2019-12-26

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Commercial Banking – MMBSI Business Management – VP

JPMorgan Chase & Co.
Chicago, IL 60602

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