Global Supplier Services (GSS) organization brings together Category Sourcing, Third Party Oversight, Procurement Operations, Accounts Payable, Supplier Relationship Management, Supplier Diversity, and Customer Experience into one team. This group of more than 1000 employees (in 16 countries) manages the source-to-pay processes for JPMorgan Chase in a manner that mitigates supplier-related Risks, enhances supplier performance and manages supplier expenses, while providing the firm an optimal customer experience.
Job Summary
As a Business & Ops Specialist, within the Global Supplier Services team you will report to a Sourcing and Procurement (Business & Ops) Manager and will be responsible for managing contract data related matters. This position requires an experienced person who will be able to do the contract abstraction, contract review, regulatory compliance check etc.
Job responsibilities:
- Complete abstractions of third party vendor and Inter-Affiliate contracts, identifying required data elements and ensuring they are accurately updated in the contract repository
- Arrange past contract amendments uploaded within contract repository, following the hierarchy and rename contracts following the naming convention as part of clean up initiative and classify the contracts based on the template.
- Support regulatory remediation efforts by identifying the contracts that doesn't meet regulatory requirements and tag it appropriately
- Support JPMC merger and acquisition process by ensuring that the active contracts between supplier and JPMC acquired entity are uploaded to the repository
- Analyze contract reporting to ensure issues are identified, communicated and resolved
- Ensure documentation is captured and stored in compliance with document retention standards
- Analyze root cause of contract data quality errors identify themes, trends, lessons learned recommend corrective actions
- Think critically and independently, provide recommendations and/or conclusions based on quantitative and qualitative analyses performed.
- Support in innovating existing processes and the development of tools to perform recurring tasks in an efficient and automated manner.
- Coordinate across teams from various business units and work in a collaborative team environment.
- Make sure abstractions are completed properly for Schedules tied to all medium and above risk engagements and the respective Masters
Required qualifications, capabilities and skills
- 2+ years of experience in contract abstraction, legal document review, regulatory compliance or other similar experience.
- Able to adapt to change easily
- Works in team environment as well as individually
- Builds strong client relationships
- Exhibits strong organization skills and effective time management
- Self-starter who consistently acts with a sense of urgency and can work with limited guidance and direction from others
- Personal Computer skills with Proficiency in Excel, Adobe and other Microsoft Suite products
- Ariba system working experience
- Good attention to details
- Good problem solving abilities with an analytical mind to research and resolve issues.
- Ability to understand and implement system/procedure/policy changes.
Preferred qualifications, capabilities and skills
- Added preference for a law graduate
- Fluent in English and confident in communicating with stakeholders
