Associate, Category Sourcing

Join a dynamic team at JPMorgan Chase, where the Global Supplier Services (GSS) organization excels in supplier management across 16 countries, with over 1000 professionals.

Job Summary

As an Associate sourcing manager within the sourcing & procurement team, you'll develop relationships within business lines and coordinate with Category Managers and Directors globally. The role demands analytical skills and category management experience to support supplier due diligence, engagement scoping, demand challenging, techno-commercial evaluation through market intelligence and benchmarking, contract negotiations with risk management principles agreed within the Bank, and on-boarding through the right payment channel. You will be responsible for handling categories such as Advertising & Branding Agencies (“Above the Line” and “Below the Line”), Digital Content & Production Services (i.e., Video Development and Production Services categories), and other related global Marketing categories as needed

Job responsibilities:

• Develop and maintain relationships with global category management teams and business stakeholders to understand their third-party engagement needs
• Ensure third-party vendor relationships and channel compliance align with strategic priorities
• Lead the development and execution of sourcing strategies for significant transactions
• Conduct thorough supplier due diligence and collaborate with stakeholders to define sourcing requirements.
• Evaluate supplier offerings to present sourcing options that meet business needs and lead negotiations for commercial terms
• Partner with internal JPMC legal, risk and finance departments to complete negotiations and ensure vendor compliance with SLAs
• Conduct cost and spend analysis to identify savings initiatives through cost reduction methods

Required qualifications, capabilities and skills:

• Degree-level education required, 3 + years in a category sourcing role and 7+ years in sourcing and procurement
• Experience with third-party providers and managing commodity/category spend
• Demonstrated project ownership and successful completion; advanced proficiency in Microsoft Office Suite (Excel) and Ariba; strategic thinking in sourcing/vendor management
• Excellent internal client management skills; understanding of legal contracts, clauses, commercial terms, INCO terms, service level agreements

Preferred qualifications, capabilities and skills:

• Experience in Category Management of Marketing Agencies, including rate card contracts, and comprehensive sourcing processes
• Strong written and verbal communication skills, interpersonal abilities, and sound judgment
• Proven multitasking skills, completing complex assignments within deadlines, and collaborating with management across regions
• Proficient in client management, relationship management, and financial analysis