Associate - Sourcing Manager (Procurement Operations)

• *JOB DESCRIPTION**

Role Responsibilities

• Help support the category management deliverables including; Analysis \& Data Gathering \- Product and service awareness study, historical spend, TPO, inputs from the LOB, market analysis, partnering with onshore team for findings and observations, with procurement operations and SRM; Supplier Management – % of gold \& diverse supplier spend, segmentation, preferencing, capability analysis and rationalization; Commercials – Negotiate savings to P\&L, EPD enabled spend; Contract Management – New or improved MSA \& SLA terms; Compliance – ADA, Secondary Data Use Restrictions, purchasing channel
• Develop working relationships with senior executives in technology sourcing 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
• Conduct in depth cost and spend analysis in order develop target saves initiatives though various cost reduction means

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