Associate - Sourcing Manager

• 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