Category Manager Vice President - Technology Sourcing
JPMorgan Chase - Columbus, OH
posted 3 days ago
About the position
JPMorgan Chase seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs. 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. As a Global Sourcing Category Manager in Global Supplier Services, you will be 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 Corporate Technology software/hardware/SaaS 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.
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
- 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, and 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
Requirements
- Bachelor's Degree
- 7+ years' experience in managing commodity or spend category spend with exceptional delivered results
- Ability to lead and influence executive level stakeholders, and drive breakthrough thinking and continuous improvement; sets a personal example
- Ability to conduct market/industry/supplier analysis and synthesize data into a consumable format, as well as Cost Modeling experience, ability to understand value streams, cost drivers and how to break down cost structures
- 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
- 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
- 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
