Growing our Innovation Economy (IE) business – within the Commercial Bank and across the firm – and delivering the firm seamlessly to the IE client base, is a top priority for JPMorgan Chase. The IE business encompasses the entire Venture Capital ecosystem, including Partners, Founders, Portfolio Companies and their employees, and Venture Capital Firms; the business segment covers early and growth stage Technology, Disruptive Commerce, Life Sciences, Healthcare Services, and other industry specializations. Offering Value Added Services (VAS) is an important aspect of our IE growth strategy.  VAS are additional services that are offered beyond our core banking products that enhance our overall solution, client satisfaction, and client retention. 

As an Executive Director, Innovation Economy Business Strategy, Value Added Services within the Commercial Bank, you will take the lead in managing fast-paced projects that are of high priority under the office of the CAO of the Innovation Economy business. Your responsibilities will include devising and implementing a long term focused VAS strategy for the innovation economy business. Execution of this strategy will include enhancing current product set as well and adding new solutions and services through partnerships with internal business units as well as external organizations whose solutions provide a strong fit with the needs of our innovation economy clients. These projects are team-based and necessitate significant collaboration with senior executives and cross-functional business partners. 

Job responsibilities

Develop and execute strategic priorities for Value Added Services (VAS) offering for the Commercial Bank’s innovation economy clients in the Technology and Software; E-commerce and Consumer; Life Sciences and Healthcare; Climate-tech and Renewable Energy; and Venture Capital industriesConduct ongoing research to keep abreast of trends and forces shaping the Innovation Economy, and its impact an needs and preferences of high growth startups and VC firms. Perform competitive benchmarking of VAS offering with respect to similar services offered by banks, Fintechs, and other non-financial institutions.Scope and structure VAS projects with relevant workstreams and time linesEngage with clients to collect feedback on existing and potential future solutionsManage and report progress on a portfolio of initiatives and KPIs of existing VAS solutions to the executive leadership on a regular basisLiaise with third party companies to ensure success of external partnershipsCollaborate with teams across LOBs and functional areas (e.g., fintech partnerships, legal, compliance, finance, product, marketing) on developing new products and maintaining success of existing solutionsDevelop and deliver executive-level communications summarizing findings and recommendations along with key timetables and milestonesDevelop junior team members

Required qualifications, capabilities, and skills

8+ years of experience in strategy consulting, corporate strategy, startups (FinTechs), investment banking, private equity / venture capital, strategic finance, or similar roles including at least 1+ years of experience leading teamsAbility to structure and scope complex problems and apply a range of analytical tools to develop solutionsStrong communication, presentation, and influencing skills – ability to collaborate and build relationships with colleagues at all levels and achieve goals without direct control over resourcesIntellectual curiosity and ability to develop subject matter expertise in new subjects quicklyAdvanced MS Excel and PowerPoint (PitchPro+) skillsOpen, collaborative, team-oriented operating style

Preferred qualifications, capabilities, and skills

Knowledge of Venture Capital ecosystemStrategy consulting and commercial banking experience

 

FEDERAL DEPOSIT INSURANCE ACT: This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase’s review of criminal conviction history, including pretrial diversions or program entries.