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CIB F&BM – InstaMed Payments Manager – Associate

JPMorgan Chase & Co.

This is a Full-time position in Philadelphia, PA posted July 18, 2021.

We are looking for a new Associate in Business Management to support the Global TS Payment Product team by providing strategic support, financial insight, and decision-making guidance.

The Global TS Payment Product business contributes more than 30% of CIB WP Product Revenue and recently completed the acquisition of InstaMed, a leading Healthcare payments-focused fintech.A key initiative within WP is the smooth integration of InstaMed.

The Business Manager will be a key role in achieving this goal.

The Business Manager will partner with our other finance colleagues (P&A, Product Controllers, & Treasury) both at InstaMed and JPMorgan Chase & Co.

for budgeting, forecasting and financial analytics and is responsible for supporting the strategic and financial agenda of the broader management team (up to and including the CEO of WP).This will include (but is not limited to) ensuring consistent financial reporting and alignment of strategic decisions across numerous groups disparate in both function and geography (mainly in Philadelphia, New York City and Plano, TX).

The high profile nature of this work will result in exposure to senior management across both companies: for example the CEO of InstaMed, as well as the Global CFO of addition, this role offers the opportunity to also provide Business Management support to an existing team covering Global Payment Products, as well as North American Regional Payment Products.Being located onsite at InstaMed offers a unique opportunity to work at a start-up as it scales supported by the significant resources of JPMorgan.It’s an exciting time to join WP
– the market dynamics are shifting and the WP organization is responding in a nimble way.

This position offers significant room for growth, and the unique opportunity to be part of an entrepreneurial team.

The Business Management team drives change through a data-driven approach to analyze business drivers, and uses simple language to explain what those key metrics mean to the business, along with any impact to the business’ broader strategic initiatives.Responsibilities Support the creation of monthly business unit review by coordinating across lines of business and functional groups to clearly and concisely communicate business performance and strategic initiatives Assist with the Annual Financial Plan and Monthly Forecasting process by project managing across relevant groups and maintaining revenue algorithms Drive thought process on how best to approach financial and business management of both InstaMed and JPM’s broader Healthcare Payments business Support the revenue and growth goals of the business through analyzing product development strategy, client engagement, and product pricing to enhance profitability and find opportunities Generate regular reporting pertaining to revenue, expense, sales and professional services activities.

Work collaboratively across finance and the business while upholding financial control and consistency to ensure accurate forecasts Actively engage in creating senior management level presentations and providing effective reporting to senior product executives, business managers, and Finance CFO’sRequirements Bachelor’s degree Excellent technical skills (Excel and PowerPoint) Good communication and presentation skills Inquisitive nature with advanced problem solving, critical thinking, and analytical skills Highly motivated learner who brings insight to the table and thrives in an environment that changes pace often Knowledge of WCP/Paragon a plus (but not required) Knowledge of the Healthcare industry a plus (but not required)