Vice President - Technology Category Manager

Join JPMC to lead the development of long term category strategies for managing supplier spend and risk, execute sourcing projects and lead negotiations.

Category coverage may include Telecom (Data Circuits, Voice, Mobile Services, Telecom Expense Management), Co-Location, and other infrastructure products and services.

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

With over 1000 team members in 11 countries, our Global Supplier Services (GSS) organization works proactively with line of business colleagues to identify capable suppliers, lead the competitive sourcing process and negotiate and contract with the chosen suppliers.

Leveraging firm-wide buying power and controlling risk are consistent overarching goals.

As a Vice President - Technology Category Manager within our Global Supplier Services organization, you will play a key role in the firm’s continued modernization and transition to new architecture and technologies.

You will identify best-in-class suppliers, source products, and negotiate pricing and terms. You will find and unlock value through optimizing commercial relationships, and protect the firm by managing third party risk.

This role provides an opportunity to contribute to our business needs by providing the best price, quality, and capability.

Job responsibilities :

• Lead the development and execution of multi-year category and supplier spend management strategies.
• Conduct in-depth cost and spend analysis to develop target savings & drive cost reduction initiatives.
• Drive sourcing events : work with stakeholders to define requirements, identify qualified suppliers, execute competitive selection processes, and negotiate contracts.
• Partner and collaborate with internal business & technology stakeholders, in-house Legal, Risk and Finance teams, and your colleagues in GSS.
• Develop subject matter & market expertise; provide thought leadership and become trusted partner of internal decision makers.
• Proactively engage with internal stakeholders to identify and develop value added opportunities and comprehensive sourcing strategies.
• Develop and execute strategies in supplier optimization, risk mitigation, order & payment compliance, and preferred supplier identification.

Required qualifications, capabilities, and skills :

• 7+ years of experience in managing aforementioned technology categories and spend, with proven, delivered results.
• Deep category and contract expertise, commercial mindset and negotiation ability to the supplier products and services.
• Communication skills : ability to communicate effectively with stakeholders and senior management and establish trusted partnerships.

Explain commercial and contractual concepts, and how value is being delivered.

• Market Research : ability to conduct market / industry / supplier analysis and synthesize data into a consumable format.
• Risk Management : knowledge of business risk factors and business savvy to minimize risk appropriately and communicate acceptance of risk factors when required.
• Sourcing Methodology : strong knowledge and experience in strategic category management, the key aspects of the RFI / RFP / RFQ and five step sourcing process.

Preferred qualifications, capabilities, and skills :

• Financial services industry experience
• Legal acumen; strong understanding of complex master-level agreements
30+ days ago