Sourcing Manager - IT Project Services Job Listing at J.P. Morgan Chase in OH, Ohio

Finance

JPMorgan Chase Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. The Contingent Workforce Procurement (CWP) Team is responsible for the Sourcing and Operational Management of the contingent labor category and supplier community. This includes IT projects (domestic and offshore), IT staff augmentation and non IT staff augmentation. The position is for a Sourcing Manager responsible for the IT Project Services (ITPS) function, reporting to the ITPS Group Manager. The CWP Team is currently seeking a high caliber, seasoned sourcing professional to help achieve SPS's primary objectives-to deliver tangible hard dollar cost savings to the firm, to mitigate supplier/project risk, and to better manage the firm's supplier relationships. Responsibilities : The opportunity currently under consideration will have the following responsibilities:

• Provide primary support in sourcing IT Services-related initiatives across multiple Lines of Business. IT Services are sourced both domestically and offshore and include: Application Development, Integration, Maintenance and Support, QA/Testing, etc.
• Accountable for competitively bidding, negotiating price and related business terms and relaying said terms into logical and meaningful contracts that are in compliance with the firm's policies, procedures and contracting principles.
• Provide key negotiation and pricing advice to assigned Lines of Business on each transaction with an emphasis on delivering bottom-line financial savings and/or risk minimization.
• Maintain necessary sourcing system data, metrics and spend analytics in support of departmental reporting and policy and procedure requirements.
• Successfully manage assigned suppliers to ensure best-in-class pricing, delivery and service consistency across the firm's Lines of Business.
• Assist in preparation of supplier risk assessments by acquiring in-depth knowledge of vendor products, services and financials.
• Develop and implement global sourcing strategies to achieve both one-time and annual reductions in spend while maintaining/improving customer service.
• Consistently demonstrate a high level of professionalism in behavior and performance with client organizations, SPS staff and other bank areas.
• Continually develop subject-matter-expertise in field of specialty. Remain current on competition, technology pricing trends, and industry practices.
• Maintain industry/product benchmarks to ensure world-class pricing.
• Develop, distribute and present meaningful commodity-specific reports to assigned clients.