Bulge Bracket Investment Banks

Posted 3 days ago

No clicks

**Associate - Sourcing Manager** Manage strategic third-party vendor relationships, ensure compliance, and lead significant sourcing transactions in Bengaluru. Develop strategies, conduct supplier due diligence, and collaborate with stakeholders to meet JPMorgan Chase's business requirements. Key responsibilities include defining sourcing transaction requirements, designing competitive processes, evaluating offerings, negotiating terms, and managing vendor compliance. Requires extensive technology sourcing experience, strong communication, and interpersonal skills, along with excellent judgment and multitasking capabilities. Minimum of 10 years' experience in managing third-party providers, with a degree-level education. Knowledge of IT and financial systems is beneficial.

Compensation: Not specified
City: Bengaluru
Country: India

Full Job Description

Location: Bengaluru, Karnataka, India

Develop working relationships with senior executives in the Technology Services 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
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
Extensive client management skills & strong relationship management skills
Strong financial analysis skills
Good people management skills
Strong understanding of legal contracts including service level agreements.

Qualifications:

Degree level education
At least 10 years experience working within the area of managing third party providers. Experience in managing commodity or spend category spend would be an advantage.
Working experience of the Banking & Financial Services industry
would be an advantage.
Knowledge of IT systems and financial systems would be an advantage

JPMorgan Chase seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs. This position requires an experienced sourcing manager who will be able to develop relationships within the CCB, CIB & AWM lines of business in order to enhance the Global Supplier Services agenda across the Technology Categorys. Technology Categories would include Telecoms, Network Equipment, Compute, Content Authoring and Consumption, Platforms, Databases, Middleware, Peripherals, Storage, IT Infrastructure, Technical Applications, Business Applications, Finance Applications, Tools & Utility Applications, and Security. Also requires exposure to the top Technology vendors in the industry using cloud services (e.g., IaaS, PaaS, SaaS, AaaS, etc.).

Full Job Description

Location: Bengaluru, Karnataka, India

Develop working relationships with senior executives in the Technology Services 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
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
Extensive client management skills & strong relationship management skills
Strong financial analysis skills
Good people management skills
Strong understanding of legal contracts including service level agreements.

Qualifications:

Degree level education
At least 10 years experience working within the area of managing third party providers. Experience in managing commodity or spend category spend would be an advantage.
Working experience of the Banking & Financial Services industry
would be an advantage.
Knowledge of IT systems and financial systems would be an advantage

Associate - Sourcing Manager

Full Job Description

SIMILAR OPPORTUNITIES

Marketing Sourcing Manager

Sourcing Manager - Generalist

Category Lead and Senior Sourcing Manager

Supply Chain Sourcing Senior Analyst

Procurement Analyst (Sourcing & Vendor Management)

Associate - Sourcing Manager

Full Job Description

SIMILAR OPPORTUNITIES

Marketing Sourcing Manager

Sourcing Manager - Generalist

Category Lead and Senior Sourcing Manager

Supply Chain Sourcing Senior Analyst

Procurement Analyst (Sourcing & Vendor Management)