DescriptionWith over600 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.
As a CategoryManager within Global Supplier Services you will report to a Sourcing Category Director and are responsible for leading the development of long term category strategies for third party supplier spend executing sourcing projects(competitive bids single-source negotiations etc.) and contracting.
Job 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 activities for material sourcing events including defining requirements design and execution of a competitive process supplier due diligence and evaluation of competitive offerings from suppliers to present sourcing options that meet JPMCs business requirements.
- Conduct commercial term negotiations and lead the contract development process
- Partner and collaborate with:
- Regional Sourcing colleagues as well as local regional and global internal stakeholders
- In-house Legal Risk and Finance teams and other internal risk management groups including Third Party Oversight (TPO)
- Maintain compliance with all policy and procedural guidelines
- Identify new service opportunities that address or anticipate client needs
Required qualifications capabilities and skills:
- Bachelors Degree required
- 7 years of experience in managing technology categories and spend with exceptional delivered results
- 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 technology software and SaaS
- 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
- Cost Modeling: ability to understand value streams cost drivers and how to break down cost structures
- 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)
- 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 transaction-level documents (Schedules).
Preferredqualifications capabilities and skills:
- Experience in the financial services industry and banking technology is a plus
- Ariba experience a plus but not required
- Strong contracting experience in the areas of on-premise software licensing software-as-a-service licensing and technology professional services is preferred
Required Experience:
Exec