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JPMorgan Chase Bank
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Associate, Global Supplier Services - Sourcing Manager

Associate, Global Supplier Services - Sourcing Manager

JPMorgan Chase Bank

4 - 9 years

12 - 14 Lacs

hyderabad ahmedabad bengaluru

Posted:17 hours ago| Platform:

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Skills Required

procurement change management sap project management market research risk management rfq continuous improvement rfp business operations

Work Mode

Work from Office

Job Type

Full Time

Job Description

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 JPMCs 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 Fice teams
Maintain compliance with all policy and procedural guidelines
Identify new service opportunities that address or anticipate client needs

Required qualifications, capabilities and skills

Bachelors 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

Preferred qualifications, capabilities and skills

MBA preferred
Direct experience working with one or more of the following Spend Categories Consumer Business Operations Equipment, Consumer Hardware / Maintece, loan services, or other non-Tech categories
Experience working with Proof of Concept (POC)
F
or 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

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Associate, Global Supplier Services - Sourcing Manager