Vice President Sourcing

JP Morgan Chase & Co.4.0·Posted 4 months 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

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CEO Approval

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