Analyst, Sourcing & Procurement, Technology Sourcing job opportunity at JPMorganChase.

Other

Bengaluru, Karnataka, India

Bengaluru, Kar..........India

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As an Analyst, Sourcing & Procurement in the Technology Sourcing team, you will lead the #sourcing and contracting process for third-party supplier spend across various groups within a Line of Business. You will work closely with line of business colleagues to identify capable suppliers, negotiate contracts, and ensure compliance with our strategic priorities. This role offers the opportunity to develop strong relationships with senior executives and promote significant sourcing transactions, leveraging your extensive technology sourcing experience and strong relationship management skills. Job responsibilities Help support the category management deliverables including: analysis & data gathering (product and service awareness study, historical spend, TPO, inputs from the LOB, market analysis), partnering with onshore team for findings and observations, procurement operations and SRM; supplier management (% of gold & diverse supplier spend, segmentation, preferencing, capability analysis and rationalization); commercials (negotiate savings to P&L, EPD enabled spend, cost and spend analysis for target saves initiatives); contract management (new or improved MSA & SLA terms); compliance (ADA, secondary data use restrictions, purchasing channel). Develop working relationships with senior executives in technology sourcing and other lines of business, understand their business drivers, and their requirements for engaging third parties. Ensure 3rd party vendor relationships and channel compliance are consistent with GSS strategic priorities. Lead the development and execution of strategies for significant sourcing transactions, partnering with global teams and clients on local, regional and global sourcing projects. Identify qualified candidate suppliers capable of meeting JPMC requirements and carry out in-depth supplier due diligence as required. Work with LOB clients and other stakeholders to define requirements for a sourcing transaction and design the competitive process to obtain the best overall value-added solutions from candidate suppliers. Evaluate competitive offerings from suppliers to develop and present sourcing options that meet JPMC's business requirements. Lead #negotiations to establish commercial terms and oversee the contract development process through approval and execution. Maintain compliance with all policy and procedural guidelines, including ensuring selected vendors are compliant with SLAs through collaboration with internal partners and client teams. Partner closely with internal JPMC legal, risk, third party oversight and finance teams towards the successful