Vice President Sourcing at JPMC Candidate Experience page

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

0.0

Posted On

05 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sourcing Strategy, Value Creation, Risk Management, Global Deals, Market Intelligence, Benchmarking, Category Strategies, Contract Negotiations, Stakeholder Management, Vendor Rationalization, Due Diligence, Techno-Commercial Evaluation, Team Leadership, Analytics, Project Management, Financial Modeling

Industry

Financial Services

Description

Join a high‑impact sourcing leadership team that shapes enterprise‑wide buying strategies, accelerates value creation, and strengthens third‑party risk management. In this role, you’ll lead complex, global deals from strategy through onboarding—translating market intelligence, benchmarking, and rigorous analysis into outcome‑driven category strategies, competitive events, and best‑in‑class contracts. You’ll be a trusted partner to senior stakeholders across lines of business, a coach and mentor to a high‑performing sourcing team, and a catalyst for vendor rationalization, channel compliance, and measurable savings to the P&L. If you thrive at the intersection of strategy, execution, and leadership—and you’re energized by delivering business results in a dynamic environment—this is the place to make a firm‑wide impact. JOB SUMMARY As a Vice President within the Sourcing & Procurement team, you will be responsible to lead end‑to‑end sourcing execution, and elevate commercial outcomes across the deal lifecycle. You will drive supplier due diligence, demand challenge, techno‑commercial evaluation, and contract/commercial negotiations under firm risk frameworks—culminating in successful approvals, execution, and supplier onboarding. You will also lead a team of sourcing professionals, oversee the sourcing book of work, and develop talent through coaching on negotiation tactics, contractual coverage, and market‑intelligence best practices. The ideal candidate brings deep business services sourcing expertise, strong analytics and project management skills, and a proven ability to influence senior stakeholders across global teams. JOB RESPONSIBILITIES * Lead category strategy and planning, using data analysis, market intelligence, and benchmarking to set direction and measure performance. * Own category management deliverables (analytics, spend insights, TPO inputs, and market assessments) to inform robust sourcing roadmaps. * Lead end‑to‑end sourcing for significant transactions from scoping and due diligence through competitive events and supplier selection. * Perform techno‑commercial evaluations to identify best overall value and drive informed recommendations for stakeholders. * Drive contract and commercial negotiations, securing improved MSA/SLA terms and savings realized to the P&L. * Navigate approvals and execute contracts in alignment with Legal, Risk/Third‑Party Oversight, Finance, and procurement policies. * Ensure compliance with ADA, Secondary Data Use Restrictions, and purchasing channel adherence across sourcing activities. * Partner with senior stakeholders across lines of business to align on demand, rationalize vendors, and ensure channel compliance. * Monitor vendor performance and SLA adherence, coordinating with internal partners to resolve issues and optimize outcomes. * Manage risk within firm frameworks while leveraging global buying power and coordinating with global category leads. * Lead, coach, and develop a team of sourcing professionals; oversee the sourcing book of work and drive continuous improvement. REQUIRED QUALIFICATIONS, CAPABILITIES, AND SKILLS * Bachelor’s degree (or equivalent practical experience) in business, supply chain, finance, or a related field. * 100+ years managing third‑party providers, category/commodity spend, and complex sourcing programs. * Extensive business services sourcing across global and regional providers with deep contracting/procurement expertise; experience in Banking & Financial Services and regulated environments. * Advanced analytics and financial modeling (TCO, value streams, cost drivers) with a proven record leading techno‑commercial evaluations, competitive events, and supplier due diligence at scale. * Advanced proficiency with Microsoft Office (especially advanced Excel) and Ariba or similar e‑sourcing/procurement platforms. * Strong negotiation capability delivering measurable savings and improved commercial/contractual terms. * Expertise in legal contracts and SLA frameworks, including interpreting clauses, managing contractual risks, and improving contracting practices. * Strong program/project management: planning, execution, remediation plans, and timely stakeholder updates; ability to multitask and deliver complex deals on deadline with high customer service. * Ability to influence and guide executive‑level stakeholders; excellent communication, presentation, organizational, and relationship management skills. * Leadership in vendor rationalization and channel compliance; familiarity with Third‑Party Oversight, Risk, and Compliance requirements (including ADA and Secondary Data Use Restrictions). * People leadership experience, including coaching, performance management, and building high‑performing teams. PREFERRED QUALIFICATIONS, CAPABILITIES, AND SKILLS * Advanced degree or specialized education (e.g., MBA) in supply chain, finance, or strategic sourcing; professional certifications such as CPSM or CIPS. * Proven leadership of multi‑region/global sourcing initiatives with close collaboration alongside global category leads. * Demonstrated commercial impact delivering savings realized to the P&L and optimizing EPD‑enabled spend. * Deep expertise in market intelligence and benchmarking to inform category strategies and negotiations, with a track record of improving MSA/SLA structures and contracting practices across complex vendor portfolios. JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success. Global Supplier Services (GSS) manages the source-to-pay cycle, engaging with suppliers, negotiating contracts, conducting risk assessments and evaluating the customer experience. Global teams support sourcing, third party oversight, procurement and payment operations, supplier relationship management and customer experience.

Responsibilities

This Vice President role involves leading end-to-end sourcing execution, elevating commercial outcomes across the deal lifecycle, and driving supplier due diligence, evaluation, and contract negotiations under firm risk frameworks. The leader will also manage a team of sourcing professionals, oversee the sourcing book of work, and mentor them on best practices.