Global Supplier Services - Sourcing Manager, Associate

JPMorgan Chase

3.3

(114)

Multiple Locations

Why you should apply for a job to JPMorgan Chase:

  • 62% say women are treated fairly and equally to men
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #210556409

    Position summary

    business reviews, and evaluating supplier competencies. You will also have the opportunity to explore the service provider market and evaluate supplier cost modeling. This role offers you the chance to make a significant impact on our business operations and to grow professionally in a dynamic and supportive environment.

    Job responsibilities

    • Support in conducting in-depth cost and spend analysis to develop target savings & cost reduction initiatives.

    • 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. Achieve targets for cost reduction / savings, supplier optimization, risk mitigation, order & payment compliance, and preferred supplier identification.

    • Build effective and trusted relationships with clients, internal stakeholders and GSS peers.

    • Manage and maintain key supplier relationships. Proactive engagement with clients

    Required qualifications, capabilities, and skills

    • Bachelor's Degree required

    • Minimum of 7 years' experience in managing commodity or spend category spend.

    • Market Research: Ability to conduct market/industry/supplier analysis and synthesize data into a consumable format. Commercial skill/strategic negotiation ability.

    • Communication Skills: Ability to communicate effectively with internal sourcing and client stakeholders

    • Cost Modeling: Ability to understand value streams, cost drivers and how to break down cost structures

    • Technology Acumen: Advanced proficient in the use of the Microsoft Office Suite (especially advanced Excel) as well as Ariba analysis

    • Sourcing Methodology: Strong knowledge of the key aspects of the RFI/RFP/RFQ and five step sourcing process

    Preferred qualifications, capabilities, and skills

    • CCWP accreditation preferred.

    • Business Strategy Alignment: Ability to understand business strategy and build plans to support it

    • Risk Management: knowledge of business risk factors and business savvy to minimize risk appropriately and communicate acceptance of risk factors when required.

    • Legal Acumen: Strong understanding and proven experience in executing and amending complex legal Master Agreements and Service level

    ABOUT US

    JPMorgan Chase & Co., 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 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.

    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.

    Why you should apply for a job to JPMorgan Chase:

  • 62% say women are treated fairly and equally to men
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.