Sourcing Manager

8+ years of experience

Primary Skills (Mandatory top 3 skills)

1. Excellent communication skills
2. Basic MS Excel skills
3. SAP tool experience
4. Being Proactive for initiatives
5. Excellent Stakeholder management

Roles and Responsibility/Job Description

• Identify qualified candidate suppliers capable of meeting JPMC requirements

• Carry out all in depth supplier due diligence as required

• Collaborate with Line of Business (LOB) clients and stakeholders to define sourcing transaction requirements, ensuring alignment with policy expectations. Foster effective collaboration throughout the process to manage stakeholder expectations and achieve optimal outcomes.

• 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 and develop and present sourcing options that meet JPMC's business requirements

• Lead the negotiations to establish commercial terms and lead the contract drafting process through to contract approval and execution

• Maintain compliance with all policy and procedural guidelines

• Partner with global and regional teams and clients on local, regional and sometimes global sourcing projects.

• Partner closely with internal JPMC legal, risk and finance teams towards the successful completion of intricate negotiations and initiatives

• Ensure all the selected suppliers are compliant with SLA's (Service Level Agreements) through collaboration with our internal partners and client teams

• Conduct in depth cost and spend analysis in order develop target saves initiatives though various cost reduction means

• Collaborate with Vendor Management team in managing key suppliers’ performance and relationships.

• Carry out administrative responsibilities effectively in managing projects and contracting activities