Associate, Global Supplier Services - Sourcing Manager

Global Supplier Services (GSS) organization brings together Category Sourcing, Third Party Oversight, Procurement Operations, Accounts Payable, Supplier Relationship Management, Supplier Diversity, and Customer Experience into one team. This group of more than 900 employees (in 11 countries) manages the source-to-pay processes for JPMorgan Chase in a manner that mitigates supplier-related Risks, enhances supplier performance, and manages supplier expenses, while providing the firm an optimal customer experience.

Job Summary

As a Global Sourcing - Category Manager within Global Supplier Services, you will spearhead the creation of long-term category sourcing strategy plans and oversee sourcing, contracting, and execution for third-party supplier expenditures across JPMorgan Chase Lines of Business for diverse Technology and Non-Technology spend categories. You will have the opportunity to cultivate relationships with U.S.-based Line of Business stakeholders and collaborate with sourcing leads in the Asia-Pacific, Latin America, and Europe, the Middle East, and Africa regions, thereby enhancing your global collaboration skills.

Job responsibilities

• Lead the development and execution of multi-year category and supplier spend management strategies within assigned categories
• Conduct in-depth cost and spend analysis to develop target savings & cost reduction initiatives
• Work with LOB clients and stakeholders to define requirements
• Identify qualified candidate suppliers; design and execute the competitive process
• Complete supplier due diligence
• Evaluate competitive offerings from suppliers and develop and present sourcing options that meet JPMC's business requirements
• Conduct commercial term negotiations; lead the contract development process
• Partner and collaborate with regional Sourcing colleagues; local, regional and global internal stakeholders; in-house Legal, Risk and Finance teams
• Maintain compliance with all policy and procedural guidelines
• Identify new service opportunities that address or anticipate client needs

• Bachelor's Degree required (or significant experience in Category Management)
• 4+ years' experience in managing commodity or spend category spend (tech or non-tech)
• Commercial skill/strategic negotiation ability; strong knowledge of the key aspects of the RFI/RFP/RFQ and five step sourcing process; ability to understand value streams, cost drivers and how to break down cost structures
• Interpersonal: ability to develop relationships and influence execute level stakeholders; ability to communicate effectively with internal sourcing and client stakeholders
• Thought Leadership: determination to drive breakthrough thinking and continuous improvement; sets a personal example
• Market Research: ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
• Change Management: experience and proven ability to drive change with management direction but without having to be prescribed to
• Project Management: ability to develop, plan and execute projects and create remediation plans and actions with timely updates to management
• Business Strategy Alignment / Risk Management: ability to understand business strategy and build plans to support it; knowledge of business risk factors and business savvy to minimize risk appropriately and communicate acceptance of risk factors when required.
• Technology Acumen: advanced proficient in the use of the Microsoft Office Suite (especially advanced Excel) as well as SAP Ariba analysis

• MBA preferred
• Direct experience working with one or more of the following Spend Categories: Consumer Business Operations Equipment, Consumer Hardware / Maintenance, loan services, or other non-Tech categories
• Experience working with Proof of Concept (POC)
• For this Role Legal Acumen (i.e., strong understanding and proven experience in executing and amending complex legal Master Agreements and commercial agreement SLAs) is highly valued