JPMorganChase · 2 weeks ago
Category Sourcing for Information Services , Senior Associate
Jersey City, NJ
Full-time
Onsite
Senior Level
$95K/yr - $140K/yr
6+ years expJPMorganChase is one of the oldest financial institutions, offering innovative financial solutions to a wide range of clients. The Sourcing Manager in Global Supplier Services will drive strategic sourcing and supplier partnerships, focusing on Information Services to achieve cost efficiencies and ensure compliance with global standards.
Asset ManagementBankingFinancial Services
Responsibilities
Lead and support the development and execution of market-facing category strategies, sourcing plans, and supplier spend management initiatives within assigned categories
Conduct comprehensive cost and spend analyses to identify savings opportunities and drive cost reduction initiatives through RFx processes
Collaborating with line of business (LOB) clients and stakeholders to define requirements and identifying and qualifying suppliers
Overseeing supplier management activities, such as tracking incumbent supplier spend, product / service segmentation, referencing, capability analysis, and rationalization
Designing and executing competitive sourcing processes and completing supplier due diligence , manage the contract life cycle process
Evaluating competitive supplier offerings and presenting sourcing options that align with JPMC’s business needs
Leading commercial term negotiations, including P&L considerations and operationalizing early pay discount (EPD) contracts
Partner and collaborate with , Regional sourcing colleagues, Local, regional, and internal stakeholders. In-house Legal, Risk, and Finance teams
Oversee contract management activities, including MSA and SLA terms, gap analysis with support from external/internal counsel, and providing recommendations and comments
Maintain compliance and ensure use of the appropriate purchasing channels
Demonstrate subject matter expertise in the category and related processes and conducting book of work reviews with the stakeholder and keep project UpToDate
Qualification
Required
Demonstrated experience in Information Services in Information Services such as Consumer and Business Bureau data services, Tri-Merge, and Risk & Fraud Solutions or related Sourcing
Strong sourcing and process knowledge
Excellent written and verbal communication skills and proven interpersonal skills and sound judgment
Ability to manage multiple assignments and meet deadlines
Experience working with all levels of management across regions
Strong client management skills
Advanced financial analysis abilities
Commitment to policy and procedural compliance
Skilled in supplier evaluation and onboarding
Proactive engagement with stakeholder to identify and develop value added opportunities and comprehensive sourcing strategies
Minimum 6+ years relevant experience required
Preferred
Background in supplier due diligence for complex sourcing transactions and global procurement practices
Commercial Contract Terms & Conditions and negotiations
Experience supporting vendor rationalization programs
Ability to present influence sourcing deal strategies to stakeholders
Knowledge of service level agreement compliance
Experience in developing and executing sourcing strategies for significant transactions
Ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
Benefits
Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching
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
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