Vendor Management

3 days ago

bangalore, India JPMorgan Chase & Co. Full time

You are a strategic thinker passionate about driving solutions in Vendor Management . You have found the right team.

As a Vendor Management Professional in our Finance team you will spend each day defining, refining and delivering set goals for our firm.

Vendor Management optimizes business performances by helping to drive vendor cost optimization and governance. We act as trusted advisors and counterweight to Business/Group Heads, and are responsible for identifying, escalating, and mitigating business risks. The role of a vendor manager is dynamic and can vary from business to business, in line with the priorities of the different lines of business.

This is a very strategic position for Vendor Management team and covers various engagements for Technology & Operations. Below is a list of key tasks for the role

Job Responsibilities 

Driving contracting and vendor strategy across the client group Serve as the gateway between vendors, our business partners and Corporate groups (GSS) Ensure appropriate technical considerations addressed in contracts, SLAs and acceptance criteria captured Relationship ownership for full vendor spend (Includes both Labor and SW) Contract Negotiation in partnership with Procurement teams Understand and influence: pipeline, vendor requirements, resource planning and financial impact Enforce consistent payment discipline by processing invoices on time and ensuring we capture as much early pay discount as possible  Identify opportunities, make recommendations and help execute changes for increased efficiencies with vendor spend, for example consolidation, working with preferred vendors who give JPM preferential rates  Act as a portfolio manager from a Risk Management perspective on corporate Third Party Oversight tools Represent AWM & exercise influence on key forums keeping in mind optimization, controls and good governance principles Develop and maintain strategic relationships with strategic vendors for AWM

Required qualifications, capabilities, and skills

8+ years experience in Vendor Management or Procurement function Energetic and dynamic in style Highly motivated self-starter with excellent time management/prioritization skills Present well to senior and global business heads Able to forge strong internal relationships across a broad range of functions Self-motivated, tenacious and able to work with high degree of independence Excellent written and oral communication skills Able to both define and deliver to conclusion a strategic agenda across multiple groups Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely Excellent project management and organizational skills Attention to detail with logical thought process

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