JPMorgan Chase
Columbus, OH

Global Supplier Services - Category Manager, VP at JPMorgan Chase (Columbus, OH)

| Columbus, OH
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Job Description JPMorgan Chase seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs. With over 600 team members in 11 countries, our Global Supplier Services (GSS) organization works proactively with line of business colleagues to identify capable suppliers, lead the competitive sourcing process and negotiate and contract with the chosen suppliers. Leveraging firm-wide buying power and controlling risk are consistent overarching goals. GSS then ensures that the contracted goods and services can be obtained by our employees in an efficient, cost-effective manner globally.
This Global Sourcing Category Manager role will report to a Sourcing Category Director and is responsible for leading the development of long term category sourcing strategy plans, along with the sourcing, contracting and execution for third party supplier spend across JPMC Lines of Business 'LOB' for select Enterprise Technology & Business Aligned Application software categories. This position requires an experienced sourcing manager who will be able to develop relationships within the lines of business and coordinate with sourcing leads in Asia Pacific and Europe where required.
Roles and Responsibilities:
  • Lead the development and execution of multi-year category and supplier spend management strategies within assigned categories
  • Conduct in-depth cost and spend analysis to develop target savings & cost reduction initiatives
  • Complete the following activities for material sourcing events:
    • Work with LOB clients and stakeholders to define requirements
    • Identify qualified candidate suppliers
    • Design and execute the competitive process
    • Complete supplier due diligence
    • Evaluate competitive offerings from suppliers and develop and present sourcing options that meet JPMC's business requirements
    • Conduct commercial term negotiations
    • Lead the contract development process
  • Partner and collaborate with:
    • Regional Sourcing colleagues
    • Local, regional and global internal stakeholders.
    • In-house Legal, Risk and Finance teams
  • Maintain compliance with all policy and procedural guidelines
  • Identify new service opportunities that address or anticipate client needs

Priorities:
  • Build effective and trusted relationships with senior internal clients and GSS peers.
  • Brings strategic thinking to spend categories to support execution of business strategies
  • Ability to deliver against tight timelines
  • Manage and maintain key supplier relationships
  • Ability to effectively challenge the status quo and "build an alliance" to deliver change. Proactive engagement with clients to identify and develop value added opportunities and comprehensive sourcing strategies
  • Achieve targets for cost reduction / savings, supplier optimization, risk mitigation, order & payment compliance, and preferred supplier identification

Qualifications:
  • Bachelor's Degree required
  • Minimum of 7 years' experience in managing commodity or spend category spend with exceptional delivered results.
  • Interpersonal: ability to lead and influence execute level stakeholders
  • Thought Leadership: determination to drive breakthrough thinking and continuous improvement; sets a personal example
  • Market Research: ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
  • Commercial skill/strategic negotiation ability, specifically in the area of information technology
  • Change Management: experience and proven ability to drive change with management direction but without having to be prescribed to
  • Project Management: ability to develop, plan and execute projects and create remediation plans and actions with timely updates to management
  • Communication Skills: ability to communicate effectively with internal sourcing and client stakeholders
  • Cost Modeling: ability to understand value streams, cost drivers and how to break down cost structures
  • Business Strategy Alignment: ability to understand business strategy and build plans to support it
  • Risk Management: knowledge of business risk factors and business savvy to minimize risk appropriately and communicate acceptance of risk factors when required.
  • Technology Acumen: advanced proficient in the use of the Microsoft Office Suite (especially advanced Excel) as well as Ariba analysis
  • Sourcing Methodology: strong knowledge of the key aspects of the RFI/RFP/RFQ and five step sourcing process
  • Legal Acumen: strong understanding and proven experience in interpreting and executing complex legal Master Agreements and Service Schedules. Contracting experience in the areas of "on premise" software licensing, software as a service licensing and technology professional services is preferred

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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Full vaccination is a requirement for this role for new hires joining JPMorgan Chase. Additional requirements include sharing information including your vaccine card in the firm's vaccine record tool and may include mask wearing and social distancing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Note: The requirement to be fully vaccinated to be hired for this role does not apply to roles with a work location in Arkansas, Florida, Iowa, Montana, and Tennessee. For applicants to these roles, JPMorgan Chase will consider all qualified applicants regardless of vaccination status, due to state and local laws.
Equal Opportunity Employer/Disability/Veterans
About the Team 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.
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.
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What are JPMorgan Chase Perks + Benefits

Culture
Volunteer in local community
Partners with Nonprofits
Diversity
Diversity Employee Resource Groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
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Life Insurance
Wellness Programs
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401(K)
401(K) Matching
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
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Game Room
Professional Development Benefits
Tuition Reimbursement
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An Insider's view of JPMorgan Chase

What’s the vibe like in the office?

My favorite thing about JPMorgan Chase is the vast number of problems we solve, and the diversity it takes to do that. Moving money, enabling payments and producing a world class customer experience are just a fraction of what we work on. Because the office is so casual and open, I get to participate in discussions on all of this.

Nick S.

Executive Director, Software Engineering

What projects are you most excited about?

As one of the largest financial institutions in the world, our scope of impact is huge. Knowing that a system we deliver is responsible for things millions do daily such as paying for groceries, withdrawing cash, or getting a loan pushes us toward solutions that scale, which is the most challenging but also the most rewarding part of our projects.

Edwin T.

Executive Director, Site Reliability Engineering

How does the company support your career growth?

JPMorgan has helped me develop as a professional – both as a technologist and as a business leader. I have taken advantage of executive leadership training and development aligned to the firm’s culture of “How We Do Business.” I feel good about working for a firm that invests in its #1 asset – US!

Lupe C.

Executive Director

How do you empower your team to be more creative?

Empowerment for Idea generation, problem solving and innovation is best coming from those who do the work. I engage my technologist in high profile work and foster an environment where ideas are welcome. Empowerment of our technologists is the key to success. Teams dig in, innovate and identify ways to create a better client experience.

Dawn T.

Managing Director, Software Engineering

How does the company support your career growth?

Working at JPMC has been a wonderful experience. I love how much JPMorgan Chase cares about its communities by offering support of technologists to local non-profit organizations through social innovation programs. The company also invests in its employees and provides many learning opportunities to us.

Meng M.

Software Engineer

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