Sourcing and Procurement Analyst

2 weeks ago

Quiapo District, Philippines JPMorgan Chase & Co. Full time $90,000 - $120,000 per year
Job Description

Job responsibilities
  • Support category management deliverables including analysis, supplier management, commercials, contract management, and compliance.
  • Develop working relationships with senior executives in technology sourcing and other lines of business.
  • Ensure 3rd Party vendor relationships and channel compliance align with Global Supplier Services strategic priorities.
  • Lead the development and execution of strategies for significant sourcing transactions.
  • Identify qualified candidate suppliers capable of meeting JPMorgan Chase requirements.
  • Conduct in-depth supplier due diligence as required, ensure selected vendors comply with Service Level Agreement through collaboration with internal partners and client teams.
  • Design and execute competitive processes for sourcing transactions to obtain value-added solutions.
  • Evaluate competitive offerings from suppliers to present sourcing options that meet JPMorgan Chase business requirements.
  • Lead negotiations to establish commercial terms and manage the contract development process.
  • Maintain compliance with all policy and procedural guidelines, conduct in-depth cost and spend analysis to develop target savings initiatives.
  • Partner with global teams and clients on local, regional, and global sourcing projects, collaborate with internal JPMorgan Chase legal, risk, third-party oversight, and finance teams.
Required qualifications, capabilities, and skills
  • Extensive technology sourcing experience with global and regional third-party providers.
  • Strong sourcing, contracting, and procurement knowledge.
  • Excellent written and verbal communication skills, strong interpersonal skills, and good judgment.
  • Ability to multitask and complete assignments within defined deadlines, ability to work with all levels of management across regions.
  • Strong knowledge of Purchase Order administration and contracting practices.
  • Extensive client management skills and strong relationship management skills.
  • Strong financial analysis skills and good people management skills.
  • Familiarity with RPA tools and technologies.
  • Proven track record of strategic thinking in sourcing or vendor management roles.
  • Project management experience in complex initiatives.
  • Strong understanding of legal contracts, including service level agreements.
Preferred qualifications, capabilities, and skills
  • Degree-level education with 4-5 years of experience managing third-party providers.
  • Experience in managing commodity or spend category spend is advantageous.
  • Working experience in the Banking & Financial Services industry preferred.
  • Advanced proficiency in Microsoft Office Suite (especially Excel) and Ariba.
  • Knowledge of IT systems and financial systems is advantageous.
About Us

About the Team

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