Analyst - Sourcing

JPMorgan Chase seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs.

As an Analyst - Sourcing within Global Supplier Services, you will lead the sourcing and contracting process for third party supplier spend across various lines of business.

• Responsible for leading the sourcing and contracting process for third party supplier spend for various groups within a Line of Business.
• Works proactively with line of business colleagues to identify capable suppliers, lead the competitive sourcing process and negotiate and contract with the chosen suppliers.
• Support the vendor rationalization program across GSS
• Drive channel compliance across the vendor landscape of GSS, while ensuring contracted goods and services can be obtained by our employees in an efficient, cost-effective manner globally.
• Leverage firm-wide buying power and control risk to be consistent with overarching goals.

Job Responsibilities

Required qualifications, skills, and capabilities:

• Extensive sourcing & procurement 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
• Familiarity with RPA tools and technologies

Qualifications:

• Degree level education
• At least 4-5 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
• Advanced proficient in the use of the Microsoft Office Suite (especially advanced Excel) as well as Ariba
• Excellent internal client management skills.
• Proven track record of broad, strategic thinking in a Sourcing or Vendor Management type role
• Project management experience in complex initiatives.
• Knowledge of the key aspects of the RFI/RFP/RFQ.
• Strong understanding of legal contracts including service level agreements.
• Knowledge of IT systems and financial systems would be an advantage
• Strong knowledge of PO: administration, developing, specifying goods and services, interpreting legal clauses, managing contractual risks, improvements in contracting practice