Asset Management - Vendor Management - Vice President

Posted Yesterday
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New York, NY
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Lead vendor management initiatives within Asset Management, focusing on contract negotiations, supplier relationships, and strategic value creation. Collaborate across global teams and drive compliance while ensuring cost efficiency.
Summary Generated by Built In
Job Description
Step into a high-impact role where your expertise in contract negotiations and supplier management will drive strategic value, secure competitive terms, and elevate our business-empowering you to lead key initiatives, collaborate across global teams, and deliver innovative solutions that shape the future of Asset Management.
As Vice President on the Asset Management Vendor Management Team, you will play a critical role in leading contract negotiations, conducting commercial reviews, and cultivating strong supplier relationships that drive meaningful value for our business. You will be responsible for negotiating supplier fees and rate cards to secure competitive pricing and favorable terms that support our strategic goals, while ensuring cost efficiency and maintaining exceptional service standards across our supplier portfolio. In this dynamic role, you will work closely with Asset Management stakeholders and collaborate with firmwide corporate functions, taking initiative or providing support as needed. Your expertise in assessing supplier capabilities, managing RFIs/RFPs, benchmarking, and analyzing supplier processes will fuel our ongoing success and innovation. As a member of a global team, you will thrive in a collaborative setting while enjoying the independence to lead projects, deliver impactful reports, and develop solutions that make a difference throughout the organization. Your ability to engage colleagues at all levels will be key to achieving results.
Job responsibilities
  • Build and maintain strong relationships with strategic suppliers and affiliates to foster collaboration and long-term partnerships
  • Lead contract and fee negotiations with suppliers, working closely with Legal, Compliance, and Data Privacy teams to secure favorable terms
  • Conduct commercial reviews and analyze supplier landscape data to support business decision-making
  • Monitor industry trends and regulatory changes, providing timely insights to keep the team agile and informed
  • Manage supplier selection processes (RFI/RFP), onboarding qualified vendors for Asset Management and its funds
  • Oversee outsourcing activities, including vendor onboarding, regulatory exams, audits, and compliance testing, in partnership with Global Supplier Services and regional control functions
  • Ensure accuracy and compliance of outsourcing metrics and inventories, support governance frameworks, and conduct due diligence on service providers to assess risk

Required qualifications, capabilities, and skills
  • Skilled in commercial and contract negotiations, project management, and constructively challenging suppliers with a strategic approach
  • Excellent communication and presentation skills, able to engage global stakeholders and support stakeholder relationships
  • Strong analytical, problem-solving, and numeracy skills, with high accuracy and attention to detail
  • Proactive, inquisitive, and results-driven; comfortable working with cross-border teams and clarifying roles and responsibilities
  • Demonstrates strong leadership, inspires teams, influences senior stakeholders, and fosters a collaborative, improvement-focused culture
  • Proficient in navigating data, technical platforms, and emerging technologies (including AI); skilled in Microsoft Excel, Word, and PowerPoint
  • Thrives in fast-paced environments, effectively managing multiple tasks, prioritizing, improving processes, and proactively managing risk and controls

Preferred qualifications, capabilities, and skills
  • Background in financial services preferred; asset management experience is a plus

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Top Skills

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What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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