Prepaid cards represent one of the financial service industry's fastest growing payment categories. Whether used to disburse payroll, incentives, rebates or benefits payments, prepaid cards are rapidly replacing paper checks and vouchers and are emerging as a valuable payment option for corporations, governmental agencies and non-profits.
To meet the needs of this rapidly growing and changing market, J.P. Morgan, is expanding its prepaid product management team.
J.P. Morgan Prepaid Product Management has full life-cycle product and P&L responsibility for the firm's prepaid portfolio. Prepaid product managers are responsible for strategy, market analysis, product definition, product marketing, price positioning and channel partnerships.
Specific responsibilities include:
- Analyze the prepaid marketplace to identify segment specific opportunities.
- Document detailed business requirements for new product features, infrastructure and process enhancement.
- Define and manage new marketing programs to position the prepaid offering with prospective clients and strategic partners.
- Author business cases supporting investments in product, infrastructure or marketing.
- Liaise with Operations, Technology, Risk, Legal and Finance to ensure alignment across the organization.
- Assist effort to structure strategic product and channel alliances.