With over 600 team members in 11 countries, our Global Supplier Services (GSS) organization works proactively with line of business colleagues to identify capable suppliers, lead the competitive sourcing process and negotiate and contract with the chosen suppliers. Leveraging firm-wide buying power and controlling risk are consistent overarching goals. GSS then ensures that the contracted goods and services can be obtained by our employees in an efficient, cost-effective manner globally.
As a Category Manager within Global Supplier Services, you will report to a Sourcing Category Director and are responsible for leading the development of long term category strategies for third party supplier spend, executing sourcing projects (competitive bids, single-source negotiations, etc.), and contracting.
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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
- Complete activities for material sourcing events including defining requirements, design and execution of a competitive process, supplier due diligence, and evaluation of competitive offerings from suppliers to present sourcing options that meet JPMC's business requirements.
- Conduct commercial term negotiations, and lead the contract development process
- Partner and collaborate with:
- Regional Sourcing colleagues, as well as local, regional and global internal stakeholders
- In-house Legal, Risk and Finance teams, and other internal risk management groups, including Third Party Oversight (TPO)
- Maintain compliance with all policy and procedural guidelines
- Identify new service opportunities that address or anticipate client needs
Required qualifications, capabilities, and skills:
- Bachelor's Degree required
- 7+ years of experience in managing technology categories and spend, with exceptional delivered results
- Market Research: ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
- Commercial skill/strategic negotiation ability, specifically in the area of technology, software and SaaS
- 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
- Cost Modeling: ability to understand value streams, cost drivers and how to break down cost structures
- Risk Management: 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)
- Sourcing Methodology: strong knowledge of the key aspects of the RFI/RFP/RFQ and five step sourcing process
- Legal Acumen: strong understanding and proven experience in interpreting and executing complex legal Master Agreements and transaction-level documents (Schedules).
Preferred qualifications, capabilities, and skills:
- Experience in the financial services industry and banking technology is a plus
- Ariba experience a plus but not required
- Strong contracting experience in the areas of on-premise software licensing, software-as-a-service licensing and technology professional services is preferred
ABOUT US
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Global Supplier Services (GSS) manages the source-to-pay cycle, engaging with suppliers, negotiating contracts, conducting risk assessments and evaluating the customer experience. Global teams support sourcing, third party oversight, procurement and payment operations, supplier relationship management and customer experience.