Description

Are you ready to make an impact in global technology sourcing? As an Associate in our team, you'll play a key role in building relationships across CCB, CIB, and AWM lines of business to advance the Global Supplier Services agenda. You'll support category management, supplier negotiations, and contract development for a wide range of technology categories-including cloud services, IT infrastructure, business applications, and more.

Job Summary

As an Associate within the Consumer and Community Banking, Corporate and Investment Banking, and Asset and Wealth Management lines of business, you will have the opportunity to build relationships that advance the Global Supplier Services agenda across various Technology Categories. These categories encompass Compute, Content Authoring and Consumption, Platforms, Databases, Middleware, Peripherals, Storage, IT Infrastructure, Technical Applications, Business Applications, Finance Applications, Tools & Utility Applications, and Security. Additionally, you will gain exposure to leading Technology vendors in the industry utilizing cloud services such as Infrastructure as a Service, Platform as a Service, Software as a Service, and Analytics as a Service.

Job responsibilities

• Conduct product and service awareness studies, historical spend analysis, TPO reviews, and market analysis; gather inputs from LOB and partner with onshore teams, procurement operations, and SRM for findings and observations.
• Manage supplier relationships, including gold and diverse supplier spend, segmentation, preferencing, capability analysis, and rationalization.
• Negotiate savings to P&L and EPD-enabled spend; manage contract terms, including new or improved MSA and SLA terms.
• Ensure compliance with ADA, Secondary Data Use Restrictions, and appropriate purchasing channels.
• Develop strong working relationships with executives in Technology Services and other lines of business to understand business drivers and third-party requirements.
• Maintain third-party vendor relationships and channel compliance in line with GSS strategic priorities.
• Support the development and execution of strategies for significant sourcing transactions and identify qualified suppliers capable of meeting JPMC requirements.
• Perform in-depth supplier due diligence as required.
• Collaborate with LOB clients and stakeholders to define requirements for sourcing transactions and design competitive processes to obtain the best value-added solutions from suppliers.
• Evaluate competitive supplier offerings and present sourcing options that meet JPMC's business needs.
• Lead negotiations to establish commercial terms, oversee the contract development process through approval and execution, and ensure compliance with all policy and procedural guidelines

Required qualifications, capabilities and skills

• Proven technology sourcing experience, specifically with global and regional third-party providers.
• Extensive knowledge in sourcing, contracting, and procurement processes.
• Ability to multitask and complete complex assignments or deals within defined deadlines.
• Experience working with all levels of management across regions within the bank.
• Strong client and relationship management skills.
• Advanced financial analysis capabilities.
• Working experience in the banking and financial services industry.
• Broad strategic thinking in sourcing or vendor management roles, with strong knowledge of RFI/RFP/RFQ processes, legal contracts (including SLAs), and contract administration, including risk management and improvements in contracting practices.

Preferred qualifications, capabilities and skills

• At least 10 years of experience managing third-party providers; experience in commodity or category spend management
• Advanced proficiency in Microsoft Office Suite (especially Excel) and Ariba.

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 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

\n 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.\n
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\n 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.\n