Associate - Sourcing Manager
Bengaluru, Karnataka, India
- Develop working relationships with senior executives in the Technology Services and other lines of business, understand their business drivers, and their requirements for engaging third parties
- Ensure 3rd Party vendor relationships and channel compliance are consistent with GSS strategic priorities.
- Lead the development and execution of strategies for significant sourcing transactions
- Identify qualified candidate suppliers capable of meeting JPMC requirements
- Carry out in depth supplier due diligence as required.
- Work with LOB clients and other stakeholders to define requirements for a sourcing transaction
- Design and execute the competitive process for each sourcing transaction to obtain the best overall value-added solutions from candidate suppliers
- Evaluate competitive offerings from suppliers to develop and present sourcing options that meet JPMC's business requirements
- Lead the negotiations to establish commercial terms and lead the contract development process through its approval and execution
- Maintain compliance with all policy and procedural guidelines
- Partner with global teams and clients on local, regional and global sourcing projects.
- Partner closely with internal JPMC legal, risk, third party oversight and finance teams towards the successful completion of intricate negotiations and initiatives
-
Ensure all the selected vendors are compliant with SLA's (Service Level Agreements) through collaboration with our internal partners and client teams
Requirements:
- Extensive Technology Sourcing experience, specifically with global and regional 3rd party providers
- Extensive Sourcing, Contracting and Procurement knowledge
- Excellent written and verbal communication skills, strong interpersonal skills and good judgment.
- Ability to successfully multitask and complete difficult assignments/deals within defined deadlines
- Ability to work with all levels of management within the bank across all regions
- Extensive client management skills & strong relationship management skills
- Strong financial analysis skills
- Good people management skills
- Strong understanding of legal contracts including service level agreements.
Qualifications:
- Degree level education
- At least 10 years’ experience working within the area of managing third party providers. Experience in managing commodity or spend category spend would be an advantage.
- Working experience of the Banking & Financial Services industry would be an advantage.
- Knowledge of IT systems and financial systems would be an advantage
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 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 seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs. This position requires an experienced sourcing manager who will be able to develop relationships within the CCB, CIB & AWM lines of business in order to enhance the Global Supplier Services agenda across the Technology Category’s. Technology Categories would include Telecoms, Network Equipment, Compute, Content Authoring and Consumption, Platforms, Databases, Middleware, Peripherals, Storage, IT Infrastructure, Technical Applications, Business Applications, Finance Applications, Tools & Utility Applications, and Security. Also requires exposure to the top Technology vendors in the industry using cloud services (e.g., IaaS, PaaS, SaaS, AaaS, etc.).