Head of Vendor Management for Global Human Resources

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New York, NY
Hybrid
7+ Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role

Job Description
You are a proven leader with a passion for delivering high-quality products. Join our innovative team and help us ensure that our products meet and exceed the needs of our customers.
As a Product Portfolio Operations Director supporting HR Vendor Management, you are an expert in creating cross-product synergies. As a leader on the team, you leverage your advanced capabilities to innovate on cross product-line coordination, remove barriers to success, and create ways for teams to continuously innovate on solutions-focused products and product features. Our team supports the firm's Human Resources strategy and creates opportunities for efficiencies while providing the oversight necessary to manage HR's multi-billion-dollar portfolio of supplier spend holistically across the dimensions of strategy, cost, performance, relationship, and risk.
The Head of Vendor Management for HR will be part of the HR CFO team accountable to HR CFO with matrix accountability into Senior HR Leadership team, responsible for supporting daily operations of the organization, and contributing to the develop of and execution against the organization's book of work. This position will lead HR vendor initiatives and partner with cross-functional teams to establish foundational best practices and toolsets necessary for each HR Product or Risk and Control team. This will support management their vendor portfolio across the lifecycle of a supplier relationship: technology strategy and research, commercial strategy and transaction execution, and steady state management -supported by several cross line of business foundational initiatives.
Key areas of focus for this role will be the oversight and control of HR vendor spend. This includes contract management, spend management, third party oversight, governance and reporting across all Product Lines. This role will interact closely with key internal partners such as GSS (Third Party Oversight, Sourcing and Pay Operations, Global Technology, Risk and Controls, and Finance F&BM teams. The role will need to stand up a small team for financial operations and reporting, as well as have a matrix org, with responsibility over the Product Line Delivery Managers.
Job responsibilities

  • Partners with Product Delivery Managers, Risk and Controls and Finance to ensure vendor oversight and optimization of the broader HR portfolio.
  • Oversees and coaches a team to best implement the strategy for adapting and executing the full product-line framework and ensures our core cross-product priorities, sequencing, and trade-offs are realized
  • Executes the strategy for reporting and communications to support portfolio management operations and change initiatives
  • Implements portfolio-level tracking of controls, financials, resourcing needs, and key prioritization decisions
  • Supporting the procurement lifecycle across multiple engagements, issue resolution on active engagements from resource onboarding to payments, estimations, accrual support to Finance / Business Managers, ongoing identification of risks and spend reduction opportunities
  • Establishes foundational best practices and toolsets necessary for product lines to manage their vendor portfolio across the lifecycle of a supplier relationship
  • Summarizes "state of the portfolio" for executive stakeholders and vendor account review. Monitors performance, proactive view into potential blockers and adjust approach dynamically.
  • Constantly view new engagements with a trend lends and balance it with the firms risk exposure.
  • Serves as a first line of defense for onboarding/offboarding issues
  • Leads HR's contribution to the firm's corporate social responsibility agenda by influencing supplier diversity, sustainability, and accessibility
  • Identify opportunities, make recommendations and help execute changes for increased efficiencies with vendor spend, for example consolidation, working with preferred vendors who give JPM preferential rates and act as a portfolio manager from a Risk Management perspective on corporate Third Party Oversight tools
  • Create additional standards for critical vendors as well as monitoring them closely to ensure there are no data breaches, headline risks or reputational risks
  • Develop a risk framework for consulting on and advising on risk acceptances


Required qualifications, capabilities, and skills

  • 8+ years of experience or equivalent expertise in program management or performance optimization
  • Proven ability to manage and implement operational effectiveness and portfolio management initiatives
  • Proven ability to operate within the product development life cycle and agile methodologies
  • Experience and interest in the area where Technology and Business intersect
  • Polished written and verbal communication skills with the ability to craft polished presentations, articulate key messages to senior management and stakeholders, including contract commercial terms, commitments, and derived value
  • Skilled in Excel, data analysis, and data visualization
  • Experience interacting with and influencing senior decision makers
  • Excellent organizational and delegation skills with the ability to balance multiple priorities
  • Procurement or Vendor Management experience working with suppliers, including negotiations, contract terms and conditions, and performance management
  • Commercial mindset especially relating to software (both on-premise and Software as a Service), hardware, and cloud
  • Proven ability to hire, retain and develop a team from scratch while also maintaining a robust book of work


Preferred qualifications, capabilities, and skills

  • Business
    • Strategic planning, financial/budget, contracting/negotiating terms and conditions, legal acumen, business case development
    • Takes ownership and accountability
    • Multitasking, balancing and prioritization as well as having significant attention to detail is critical for this role
    • Change Agent: Being able to look at how the business, internal processes & external landscape is changing and bring in suitable changes to the team's operations
    • Ability to influence and execute financially optimal engagements in line with or under approved budgets
  • Technical
    • Practical experience and/or foundational understanding of key technology and/or HR disciplines
    • Asset Management: Entitlements, consumption/utilization, license compliance
  • Supplier/Procurement
    • Significant Relationship Building Skills both internal & external to the firm
    • Having a client first mindset
    • Performance and risk management capabilities with third party partners


About Us
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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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.

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