Job Information
JPMorgan Chase Liquidity & Accounts Solutions - Payments- Escrow Deal Negotiator- Vice President in Jersey City, New Jersey
Unleash your expertise in product development and optimization by leveraging user research, analyzing metrics, and collaborating across one of the world's most innovative financial organizations.
As an Escrow Deal Negotiator Vice President in Liquidity and Account Solutions, you will be responsible for managing a large portfolio of Escrow client relationships. The Escrow Deal Negotiator ("DN") will negotiate agreements in advance of deal closings in accordance with JPM Escrow risk profile and establish financial accounts. This will involve interaction with clients and attorneys and will require coordination internally to ensure JPM's Know Your Customer process has been satisfied prior to signing the agreement. The DN will also load all deal information for a comprehensive setup into our operating system, manage the deal pipeline and related meetings, assist with client correspondence and support the Sales effort by striving to earn repeat clients with strong customer service skills.
JPMorgan Liquidity & Account Solutions ("L&AS") works with global clients with complex cash management needs who operates across multiple countries, currencies, legal entities, and time zones, including multi-national corporations, high-growth technology companies, commercial banks, non-bank financial institutions, central banks and broker dealers. Our advanced, end-to-end solutions which combine physical, notional and virtual techniques enable our clients to achieve visibility, control and optimization of working capital.
Job responsibilities:
Develops a product strategy and product vision that delivers value to customers
Understand the business purpose and deal structure for new business referrals
Review and negotiate governing documents with internal counsel as needed
Interact with client's external counsel to negotiate escrow contracts in a proactive and professional manner ensuring that the risk profile of JPMorgan is protected while also ensuring that the needs of the client with respect to responsiveness and timely closing are met
Work with team members to ensure deal information is set up on all operating systems and contractual obligations denoted
Identify and actively follow up on all escrow and bank business opportunities
Ensure the potential risk and liability being assumed by JPMorgan under each agreement is within guidelines
Act as the primary point of contact for allocated clients
Manage the retention of client relationships
Provide and promote strong and proactive customer service by responding quickly to client requests, offering solutions to client needs, and developing meaningful client relationships
Escalate any issues promptly on identification
Required qualifications, capabilities, and skills:
Bachelor's Degree
8+ year's work experience in financial services, preferably in Escrow
5+ years of client service experience
Minimum 5 years of M&A Escrow experience
Minimum 5 years of legal negotiation for M&A Escrow
Paying Agent experience
Strong Excel and Word skills
Strong verbal and written communication skills
Team Player and highly motivated
Required qualifications, capabilities, and skills:
Proficient in Spanish and Portuguese helpful
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
Jersey City,NJ $107,350.00 - $171,000.00 / year