This Global Sourcing Category Manager role will report to a Global Sourcing Category Director and is responsible for leading the development of long term category sourcing strategy plans, along with the sourcing, contracting and execution for third party supplier spend across JPMC's Global Real Estate organization, which is responsible for the construction and maintenance of JPMC's global real estate footprint of over 5,000 retail branches and 40 corporate offices globally. This position requires a sourcing manager experienced with all aspects of the real estate category, ideally for a large, global financial institution, who will be able to develop relationships within the line of business and coordinate with sourcing leads in APAC, EMEA, LATAM and NAMR.
Roles and Responsibilities:
Lead the development and execution of category management strategies for significant real estate sourcing transactions, including but not limited to construction, facilities management, and energy/sustainability projects
Identify qualified candidate suppliers capable of meeting JPMC requirements
Carry out all-in depth supplier due diligence as required
Work with the Global Real Estate LOB client and other stakeholders to define requirements for a sourcing transaction
Design and execute the competitive process for each sourcing transaction, including the selection of general contractors, construction managers, architects/engineers, and retail energy suppliers, to obtain the best overall value-added solutions from candidate suppliers
Evaluate competitive offerings from suppliers and develop and present sourcing options that meet JPMC's business requirements
Lead the negotiations to establish commercial terms and lead the contract develop process thru contract approval and execution
Maintain compliance with all policy and procedural guidelines
Partner with regional teams and clients on local, regional and sometimes global sourcing projects.
Partner closely with internal JPMC legal, risk and finance teams towards the successful completion of intricate negotiations and initiatives
Ensure all the selected suppliers are compliant with SLA's (Service Level Agreements) through collaboration with our internal partners and client teams
Lead the category and supplier spend management activities with your respective spend areas and suppliers
Conduct in depth cost and spend analysis in order develop target saves initiatives though various cost reduction means
Carry out administrative responsibilities effectively in managing projects and contracting activities
Identify new service opportunities that address or anticipate client needs
Build and maintain relationships with Business/Functional Managers, advising on sourcing options and strategies
Lead the development and implementation of multi-year category strategies that span multiple lines of business
Lead and expedite vendor selection and purchasing decisions through appropriate competitive bid and strategic sourcing processes (leverage practices and tools)
Develop & maintain vendor information, by producing qualitative assessments of suppliers. Negotiate, manage and monitor vendor agreements that protect JPMC's interests
Deliver on projects that lower the firm's total spend and supply risk with 3rd party suppliers
Bachelor's Degree required; Advanced Degree ideal
8+ years' experience managing the real estate category, ideally for a large financial services institution, with a focus on general contractors/construction managers, architects/engineers, other professional services, facility management service providers, and retail energy suppliers. The ideal candidate will have specific experience with:
Various construction contracting methods, including lump sum and guaranteed maximum price, and their related sourcing strategies and
Facilities management support for Corporate, Retail and Data Center sites and
Energy sourcing strategies and contract structures for major corporate entities; specifically, providing sourcing support for various corporate sustainability initiatives, including the sourcing of renewable energy certificates and the physical delivery of renewable energy to corporate and retail locations; and
Operational Knowledge of a comprehensive Corporate Diversity Program including but not limited to: identifying diverse suppliers, evaluation of their financial stability (including Bonding capacity) and manpower, experience working within the Corporate Tenant Improvement (TI) construction space.
Interpersonal: ability to lead and influence executive level stakeholders
Thought Leadership: determination to drive breakthrough thinking and continuous improvement; sets a personal example
Market Research: ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
Commercial skill/strategic negotiation ability
Change Management: experience and proven ability to drive change with management direction but without having to be prescribed to
Project Management: ability to develop, plan and execute projects and create remediation plans and actions with timely updates to management
Communication Skills: ability to communicate effectively with internal sourcing and client stakeholders
Cost Modeling: ability to understand value streams, cost drivers and how to break down cost structures
Ability to navigate ambiguity
JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.