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Supplier Relationship Manager - Associate - Global Supplier Services

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.
 
JPMorgan Chase seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs.  With 280 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.
 
The Supplier Relationship Management function within GSS partners with all lines of business to ensure that JPMC is realizing maximum value from relationships with third parties.  This involves design and launch of a firm wide program to strategically manage and govern these important supplier relationships as well as partnership with the Corporate and Investment Bank, Commercial Bank, Asset Management and Consumer Bank to help coordinate around these relationships when they are also clients to protect and potentially broaden and leverage them.
 
Position Summary
 
Reporting to a Supplier Relationship Manager in SRM, the primary function of the Jr Supplier Relationship Manager role is to be a right hand and support the Supplier Relationship Manager in delivering on objectives for their categories.  This involves helping to drive the implementation of the JPMC enterprise wide Preferred Supplier Program and the Strategic Partner Program, as well as firm wide processes to ensure front to back coordination across JPMC around these relationships.   This role will interact with Sourcing Executives, LOB stakeholders, as well as client coverage teams in all businesses who interact with companies in this category. 
 
Key Responsibilities
  • The primary responsibilities of the Jr RM is to help to:
    • launch the Preferred Supplier Program and Strategic Partner Program and drive implementation of it with Sourcing and LOB partners
    • partner with client coverage teams to understand which JPMC suppliers are clients of the bank and to coordinate with them and Sourcing around activities that impact these companies (leverage good things and mitigate negative ones)
    • partner with both sourcing and client coverage to help drive holistic decision making around sourcing deals that optimize to both the cost and delivery management objectives of JPMC as well as client relationship
    • perform analysis of data about supplier relationships (spend, nature, health, key stakeholders, etc), analysis of client relationships (importance, nature, coverage, stakeholders, etc), mining of relationship information, monitoring sourcing deal activity, etc.
    • perform all responsibilities in line with policies and procedures agreed with legal and compliance
  • 5+ years of relevant industry experience, ideally coupled with stakeholder management, commercial management, third party relationship engagement (client or supplier) experience
  • Strong commercial skills, possibly a background in CFO or banking
  • Strong project management skills
  • Strong communications skills enabling the team to tell its story (verbally and written)
  • Must be confident -- possessing a strength of personality and intellect to gain the respect of demanding business heads, stakeholders, team members
  • Strong client relationship, engagement and influencing skills with
    • Internal stakeholders at all levels
    • Front Office
    • External partners
  • Strong analytic and data processing experience using tools such as Excel, Access, etc
  • Must have a collaborative and participative style. Professionalism, sensitivity, discretion and sound decision-making skills allied with the ability to interact with others are essential
  • Able to operate in a complex, global and federated environment
  • Strong, creative problem solving skills – experience dealing with complex challenges
  • Organized and structured working approach
  • Strong attention to detail
  • Ability to prioritize and multitask well under pressure
Req #: 160039032
Location: New York, NY US
Job Category: Project Management
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

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