JP Morgan Services India Pvt Ltd

Vice President - Procurement and Sourcing Manager

JP Morgan Services India Pvt Ltd
Bengaluru/Bangalore
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 10 yearsMin. 10 years

Job Description

Vice President - Sourcing Manager

 

Join a high-impact Procurement Operations leadership team shaping buying strategies and strengthening third-party risk management. Lead complex global deals end-to-end using market intelligence, benchmarking, and rigorous analysis to deliver value. Partner with senior stakeholders while mentoring a high-performing team to drive measurable savings, compliance, and vendor optimization.

As a Vice President within the Procurement Operations team, you lead sourcing execution and elevate commercial outcomes across the deal lifecycle. You drive supplier due diligence, demand challenge, techno-commercial evaluation, and contract negotiations within firm risk frameworks through approvals, execution, and onboarding. You lead and develop a team while influencing senior stakeholders to deliver category strategies, vendor rationalization, channel compliance, and P&L savings.

Job Responsibilities 

  • Lead procurement strategy and planning using analytics, market intelligence, and benchmarking to set direction and measure performance
  • Own category management deliverables including spend insights, TPO inputs, and market assessments to build sourcing roadmaps
  • Execute end-to-end sourcing for significant transactions from scoping and due diligence through competitive events and supplier selection
  • Evaluate techno-commercial proposals to identify best overall value and produce stakeholder recommendations
  • Negotiate contract and commercial terms to strengthen MSA/SLA coverage and deliver savings realized to the P&L
  • Navigate approvals and finalize contracts in alignment with Legal, Risk/Third-Party Oversight, Finance, and procurement policies
  • Ensure compliance with ADA, Secondary Data Use Restrictions, and purchasing channel requirements across sourcing activities
  • Partner with senior stakeholders to align demand, rationalize vendors, and improve channel adherence
  • Monitor vendor performance and SLA delivery while coordinating issue resolution and continuous optimization
  • Manage supplier risk within firm frameworks while leveraging global buying power and coordinating with global category leads
  • Coach and develop sourcing professionals while overseeing the sourcing book of work and driving continuous improvement

Required Qualifications, Capabilities, and Skills 

  • Hold a bachelor’s degree or equivalent practical experience in business, supply chain, finance, or a related field
  • Demonstrate 10+ years managing third-party providers, category/commodity spend, and complex sourcing programs
  • Apply deep business services sourcing and contracting expertise in banking/financial services or regulated environments
  • Perform advanced analytics and financial modeling (e.g., TCO, value streams, cost drivers) to lead evaluations and due diligence
  • Leverage advanced Excel skills and Ariba or comparable e-sourcing/procurement platforms
  • Negotiate measurable savings and improved commercial and contractual outcomes across complex deals
  • Lead teams and stakeholders through executive-level influence, strong communication, and disciplined program/project management

Preferred Qualifications, Capabilities, and Skills 

  • Earn an advanced degree and/or professional certifications such as MBA, CPSM, or CIPS
  • Lead multi-region or global sourcing initiatives in close partnership with global category leads
  • Deliver sustained commercial impact through P&L savings and optimized EPD-enabled spend
  • Leverage market intelligence and benchmarking to strengthen category strategies and negotiation positions
  • Improve MSA/SLA structures and contracting practices across complex vendor portfolios

JPMorganChase, 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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Experience Level

Executive Level

Job role

Work location
Work locationBengaluru, Karnataka, India
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryStrategic Sourcing
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 10 years

About company

Name
NameJP Morgan Services India Pvt Ltd
Job posted by JP Morgan Services India Pvt Ltd

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