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Vice President - Technology Category Manager
$191k-246k (estimate)
Full Time | Banking 1 Month Ago
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JPMorgan Chase is Hiring a Vice President - Technology Category Manager Near Plano, TX

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. GSS then ensures that the contracted goods and services can be obtained by our employees in an efficient, cost-effective manner globally.

As a Category Manager you will be covering Telecom (Data Circuits, Voice, Mobile Services, Telecom Expense Management), Co-Location, and other assigned infrastructure products and services. You will play a key role in the firm’s continued modernization and transition new architecture and technologies to improve client and user experience. 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.

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

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$191k-246k (estimate)

POST DATE

05/19/2024

EXPIRATION DATE

07/18/2024

WEBSITE

jpmorganchase.com

HEADQUARTERS

MCKINNEY, TX

SIZE

>50,000

FOUNDED

1968

REVENUE

>$50B

INDUSTRY

Banking

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About JPMorgan Chase

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and... affirmative action employer Disability/Veteran. More
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