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JP Morgan Chase & Co.
VP

Vice President Sourcing

JP Morgan Chase & Co.4.0·Posted 1 month ago

Location

All India

Experience

10–14 years

Required Skills

SourcingProcurementMarket IntelligenceBenchmarkingNegotiationContract ManagementVendor ManagementRisk ManagementFinancial ModelingMicrosoft OfficeComplianceProject ManagementStakeholder ManagementLeadershipAnalyticsCategory StrategyAribaThirdParty Oversight

About the Role

In this role as a Vice President within the Sourcing & Procurement team, you will be joining a high-impact sourcing leadership team that shapes enterprise-wide buying strategies, accelerates value creation, and strengthens third-party risk management. You will 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 will 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.

Key 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.

    • Qualification Required: - Bachelor's degree (or equivalent practical experience) in business, supply chain, finance, or a related field.

  • • 10 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. In this role as a Vice President within the Sourcing & Procurement team, you will be joining a high-impact sourcing leadership team that shapes enterprise-wide buying strategies, accelerates value creation, and strengthens third-party risk management. You will 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 will 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.

    • Key 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 evaluat

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    About JP Morgan Chase & Co.

    JPMorgan Chase is the largest bank in the United States and one of the world's most respected financial institutions. India operations span technology, operations, and markets.

    4.0

    Glassdoor

    30,000

    Reviews

    80%

    Recommend

    88%

    CEO Approval

    300,000+ employeesBanking & Financial ServicesFounded 2000HQ: New York (India: Mumbai, Bengaluru, Hyderabad)7,000,000 LinkedIn followers

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