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JP Morgan Chase & Co.

Vice President - Sourcing Manager

10-12 Years
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  • Posted 10 days ago
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Job Description

Join a high-impact Procurement Operations leadership team shaping buying strategies and strengthening third-party risk management. Lead complex global deals end-to-end using market intelligence, benchmarking, and rigorous analysis to deliver value. Partner with senior stakeholders while mentoring a high-performing team to drive measurable savings, compliance, and vendor optimization.

As a Vice President within the Procurement Operations team, you lead sourcing execution and elevate commercial outcomes across the deal lifecycle. You drive supplier due diligence, demand challenge, techno-commercial evaluation, and contract negotiations within firm risk frameworks through approvals, execution, and onboarding. You lead and develop a team while influencing senior stakeholders to deliver category strategies, vendor rationalization, channel compliance, and P&L savings.

Job Responsibilities

  • Lead procurement strategy and planning using analytics, market intelligence, and benchmarking to set direction and measure performance
  • Own category management deliverables including spend insights, TPO inputs, and market assessments to build sourcing roadmaps
  • Execute end-to-end sourcing for significant transactions from scoping and due diligence through competitive events and supplier selection
  • Evaluate techno-commercial proposals to identify best overall value and produce stakeholder recommendations
  • Negotiate contract and commercial terms to strengthen MSA/SLA coverage and deliver savings realized to the P&L
  • Navigate approvals and finalize contracts in alignment with Legal, Risk/Third-Party Oversight, Finance, and procurement policies
  • Ensure compliance with ADA, Secondary Data Use Restrictions, and purchasing channel requirements across sourcing activities
  • Partner with senior stakeholders to align demand, rationalize vendors, and improve channel adherence
  • Monitor vendor performance and SLA delivery while coordinating issue resolution and continuous optimization
  • Manage supplier risk within firm frameworks while leveraging global buying power and coordinating with global category leads
  • Coach and develop sourcing professionals while overseeing the sourcing book of work and driving continuous improvement

Required Qualifications, Capabilities, and Skills

  • Hold a bachelor's degree or equivalent practical experience in business, supply chain, finance, or a related field
  • Demonstrate 10+ years managing third-party providers, category/commodity spend, and complex sourcing programs
  • Apply deep business services sourcing and contracting expertise in banking/financial services or regulated environments
  • Perform advanced analytics and financial modeling (e.g., TCO, value streams, cost drivers) to lead evaluations and due diligence
  • Leverage advanced Excel skills and Ariba or comparable e-sourcing/procurement platforms
  • Negotiate measurable savings and improved commercial and contractual outcomes across complex deals
  • Lead teams and stakeholders through executive-level influence, strong communication, and disciplined program/project management

Preferred Qualifications, Capabilities, and Skills

  • Earn an advanced degree and/or professional certifications such as MBA, CPSM, or CIPS
  • Lead multi-region or global sourcing initiatives in close partnership with global category leads
  • Deliver sustained commercial impact through P&L savings and optimized EPD-enabled spend
  • Leverage market intelligence and benchmarking to strengthen category strategies and negotiation positions
  • Improve MSA/SLA structures and contracting practices across complex vendor portfolios

About Company

JPMorgan Chase Bank, N.A., doing business as Chase Bank or often as Chase, is an American national bank headquartered in New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase

Job ID: 147550951

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Bengaluru, India

Skills:

Advanced AnalyticsAriba or comparable e-sourcing procurement platformssupplier due diligencetechno-commercial evaluationContract NegotiationsFinancial Modelingthird-party risk managementadvanced Excel skillsCategory Management