JPMorganChase · 4 months ago
Category Sourcing Manager - Global Real Estate
575 Washington Blvd, Jersey City, NJ, 07310, US
Full-time
Onsite
Senior Level
$124K/yr - $200K/yr
7+ years expJPMorgan Chase is a leading global financial services firm, and they are seeking a Category Sourcing Manager for their Global Real Estate group. The role involves developing and executing sourcing strategies, managing supplier relationships, and ensuring compliance in the procurement process for design and construction services.
Asset ManagementBankingFinancial Services
Responsibilities
Lead and manage the sourcing and contracting process for third-party supplier spend within the Global Real Estate group, ensuring maximum speed to market, value, and efficiency
Collaborate with Sourcing and GRE stakeholders to identify top-tier suppliers, spearhead competitive sourcing processes, and negotiate contracts that align with strategic objectives
Focus on sourcing responsibilities for architects, engineers, and construction managers, managing the end-to-end sourcing for complex, high-rise construction projects and other projects as required
Help develop and champion sourcing and supplier management strategies, such as preferred supplier programs, that enhance speed to market, take advantage of the bank’s full buying power, mitigate risks, increase efficiencies in the source-to-pay process, and improve supplier performance
Collaborate with other colleagues in Sourcing and the GRE Design and Construction team to develop and execute multi-year category and supplier spend management strategies that drive increased speed to market and higher quality outcomes and commercial value focusing on key areas such as architects, engineers, cost consultants, construction managers, general contractors, and related services
Conduct in-depth cost and spend analysis to develop target savings and cost reduction initiatives
Design and execute the bidding process to obtain the best value-added solutions from participating suppliers
Evaluate supplier offerings and present sourcing options that meet GRE's business requirements and lead negotiations to establish commercial terms and oversee the contract development process through approval and execution
Partner with regional teams and clients on local, regional, and global sourcing projects and work closely with internal JPMC legal, risk, GRE Contracts manager, GRE Vendor Management Office, and finance teams to successfully complete intricate negotiations and initiatives
Lead category and supplier spend management activities within your sourcing category and suppliers, conducting detailed cost and spend analysis to develop target savings initiatives through various cost reduction means
Ensure compliance with all relevant policy and procedural guidelines and manage administrative responsibilities effectively in project and contracting activities and identify new opportunities to address or anticipate client needs
Qualification
Required
Bachelor's Degree required
7+ years of experience managing a relevant category, such as design and construction services, ideally for a large financial services institution, with a focus on managing global relationships with major suppliers to drive performance, value, and innovation
Strong interpersonal skills with the ability to lead and influence executive-level stakeholders and demonstrated thought leadership with a commitment to breakthrough thinking and continuous improvement
Proficiency in market research, with the ability to conduct market/industry/supplier analysis and synthesize data into a consumable format and to transform and present complex data and information into clear, easily digestible visuals and compelling narratives
Proven experience in change management, with the ability to lead change with management direction
Strong project management skills, with the ability to develop, plan, and execute projects and create remediation plans with timely updates to management
Excellent communication skills, with the ability to sustain working relationships with internal sourcing and client stakeholders
Expertise in cost modeling, with the ability to understand value streams, cost drivers, and how to break down cost structures, with advanced commercial and strategic negotiation skill and abilities
Hands-on experience with technology tools such as the Ariba product suite, PMWeb, Procore, Building Connected or similar platforms
Technical knowledge of construction project management, including familiarity with building codes, regulations, and industry standards
Ability to manage sourcing activities for complex, high-rise construction projects, ensuring compliance with safety and quality standards
Preferred
Experience managing the end-to-end sourcing for large, complex and fast-moving high-rise and campus-level design and construction projects
Field or industry experience and industry certification(s) in a relevant category such as design or construction services
Company
JPMorganChase
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.
10001+ employees
H1B Sponsorship
JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-02-01IPO
Leadership Team
Allison Beer
CEO of Card Services and Connected Commerce
Dan Mendelson
CEO, Morgan Health
Recent News
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