JP Morgan Chase & Co.

Market Data Sourcing Manager

JP Morgan Chase & Co. • $90K — $130K *
Jersey City, NJ 07310In-Person
Business Services
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Minimum 2 years of Market Data Services experience
  • Knowledge of Sourcing processes
  • Strong written, verbal communication and interpersonal skills
  • Ability to manage multiple priorities under deadlines
  • Client and relationship management skills
  • Strong financial analysis and cost/spend analysis experience
  • Knowledge of Ariba procurement tool

Responsibilities

  • Support sourcing and contracting for third-party supplier spend
  • Build partnerships with executives to understand business drivers
  • Support vendor rationalization across business units
  • Drive compliance across vendor landscape for efficient procurement
  • Conduct supplier due diligence for sourcing requirements
  • Assist in negotiations and contract development
  • Maintain adherence to policies for sourcing activities
  • Collaborate with regional teams on sourcing initiatives

Benefits

  • Opportunity to work in a high-impact category role
  • Collaboration with senior stakeholders
  • Access to global sourcing strategies
  • Strong emphasis on governance and compliance
  • Involvement with diverse teams across business units
Full Job Description
JOB DESCRIPTION

Join Global Supplier Services in a high-impact category role focused on Market Data and Broker, Content, and Exchange services. You’ll collaborate with senior stakeholders, shape sourcing strategies, and deliver commercial outcomes by leveraging firmwide scale—helping ensure employees can access contracted services efficiently and cost-effectively while maintaining strong governance and compliance.

As a Category Sourcing Manager within Global Supplier Services, you will support sourcing and contracting activities for third-party supplier spend across Market Data and related services (including trading platforms, exchanges, pricing services, research subscriptions, and broker services). You will build strong relationships with internal stakeholders—primarily within the Commercial & Investment Bank and Asset & Wealth Management—conduct supplier due diligence, run competitive sourcing processes, negotiate commercial terms, and partner with Legal, Risk, Third Party Oversight, and Finance to execute agreements in line with policy and procedural requirements

Job Responsibilities

  • Support end-to-end sourcing and contractingfor third-party supplier spend across Market Data and related services within a line of business.
  • Build stakeholder partnershipswith executives and teams (including Market Data Services and Vendor Management Offices) to understand business drivers and third-party requirements.
  • Support vendor rationalizationefforts across the Commercial & Investment Bank and Asset & Wealth Management.
  • Drive channel complianceacross the vendor landscape and help ensure contracted goods/services can be obtained efficiently and cost-effectively on a global basis
  • Conduct supplier due diligenceand partner with clients and stakeholders to define sourcing requirements.
  • Support negotiations and contract developmentthrough approval and execution in partnership with internal control functions.
  • Maintain adherence to policy and procedural guidelinesfor sourcing and contracting activities.
  • Partner with regional teamson local, regional, and global sourcing initiatives as needed.

Required qualifications, capabilities, and skills

  • Minimum 2 years of Market Data Services experience.

  • Knowledge of Sourcing processes

  • Strong written and verbal communication, interpersonal skills, and judgment, with the ability tomanage multiple priorities and deliver under deadlines

  • Ability to work effectively across regions and with all levels of management.

  • Client management and relationship management skills.

  • Strong financial analysis skillsand experience conducting cost/spend analysis.

  • Knowledge of Ariba procurement tool.

  • Understanding of legal contracts and Service Level Agreements (SLAs)

Preferred qualifications, capabilities, and skills

  • Knowledge of ARIBA and contract drafting
  • Category/spend management experience(managing a market facing category)
  • Project management experiencedelivering complex initiatives.
  • Proven track record of broad, strategic thinkingin a Sourcing or Vendor Management role.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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