JPMorgan Category Manager 

United States, Ohio 

747297138

As a Category Manager in Global Supplier Services, you will report to a Sourcing Category Director and are responsible for leading the development of long term category strategies for third party supplier spend, executing sourcing projects (competitive bids, single-source negotiations, etc.), and contracting. This role will be focused on software and technology in two JPMorgan Chase lines of business: the Corporate & Investment Bank (CIB) and Asset & Wealth Management (AWM).

Job Responsibilities:

• Lead the development and execution of multi-year category and supplier spend management strategies within assigned categories
• Conduct in-depth cost and spend analysis to develop target savings & cost reduction initiatives
• Complete the following activities for material sourcing events, as appropriate:
  • Work with LOB clients and stakeholders to define requirements
  • Identify qualified candidate suppliers
  • Design and execute the competitive process
  • Complete supplier due diligence
  • Evaluate competitive offerings from suppliers and develop and present sourcing options that meet JPMC's business requirements
  • Conduct commercial term negotiations
  • Lead the contract development process
• Partner and collaborate with:
  • Regional Sourcing colleagues
  • Local, regional and global internal stakeholders
  • In-house Legal, Risk and Finance teams
  • Other internal risk management groups, including Third Party Oversight (TPO)
• Maintain compliance with all policy and procedural guidelines
• Identify new service opportunities that address or anticipate client needs

Required qualifications, capabilities, and skills:

• Bachelor's Degree required
• 7+ years of experience in managing technology categories and spend, with exceptional delivered results
• Market Research: ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
• Commercial skill/strategic negotiation ability, specifically in the area of technology, software and SaaS
• Change Management: experience and proven ability to drive change with management direction but without having to be prescribed to
• Project Management: ability to develop, plan and execute projects and create remediation plans and actions with timely updates to management
• Cost Modeling: ability to understand value streams, cost drivers and how to break down cost structures
• Risk Management: knowledge of business risk factors and business savvy to minimize risk appropriately and communicate acceptance of risk factors when required.
• Technology Acumen: advanced proficient in the use of the Microsoft Office Suite (especially advanced Excel)
• Sourcing Methodology: strong knowledge of the key aspects of the RFI/RFP/RFQ and five step sourcing process
• Legal Acumen: strong understanding and proven experience in interpreting and executing complex legal Master Agreements and transaction-level documents (Schedules).

:

• Experience in the financial services industry and banking technology is a plus
• Ariba experience a plus but not required
• Strong contracting experience in the areas of on-premise software licensing, software-as-a-service licensing and technology professional services is preferred