Finance & Business Management - Senior Associate

Join our Corporate & Investment Bank Vendor Management team and be responsible for scoping and promoting the vendor management strategy, as well as executing vendor related processes across the Corporate & Investment Bank. You will ensure that the Corporate & Investment Bank achieves the most optimal commercial and quality delivery from our vendors (labor/consultants and software/hardware). 

As a Finance & Business Management – Senior Associate in the Corporate & Investment Bank Vendor Management team, you will manage and execute vendor related processes, including contracting, approvals, on-boarding, invoicing, and related reporting. You will collaborate with stakeholders, including Technology/Operations/Product teams, Finance and Business Managers, Sourcing, Third Party Oversite/Supplier Oversite Services, Global Technology, and Vendor Management teams within other lines of businesses. 

In addition, you will enable continuous process improvement across the vendor management space by maturing existing engagements, managing transitions for any new engagements, and consolidating contracts and processes. You will also champion the Software Asset Management tool used for portfolio management of software contracts, as well as maintain a strong control posture relative to vendor exposure and risk.

Job responsibilities

• Support day to day stakeholder and vendor relationships and vendor governance/controls (example: liaise with technology/operations and product stakeholders to understand pipeline and vendor requirements, resource planning and financial impact, and provide ad-hoc analysis/reporting.
• Support contract reviews and renewals, partnering with sourcing to ensure that all documentation is up to date and progressing through process and approvals within Ariba and/or Beeline systems.
• Support data integrity (i.e. resolve discrepancies) within our Central Management Data Base and work on analytics and reporting based on this data.
• Support and help maintain Third Party Oversight engagements in COMPASS, engaging appropriate stakeholders as needed on vendor risk and controls.
• Support vendor resource on-boarding process, including all issues/escalations resolution.
• Execute purchase orders/invoice processing, including purchase order initiation and invoice data validation, accruals data provision and estimates, and invoice tracking.
• Support contract execution by writing up concise executive level summaries, synthesizing information from source systems (COMPASS, Ariba, Beeline, etc.) and reviews with delivery teams.
• Manage the Software Asset Management tool including updates for contract inventory and annual financials, managing user access, etc.
• Work with the Enterprise Tech team to ensure Software Asset Management related queries/issues are resolved and ensure additional feature requirements are addressed.

Required qualifications, capabilities, and skills

• At least 4 years of experience supporting technology, operations or product organizations within the financial services industry working with third party vendors.
• Experience working in global teams across multiple regions, enabling a ‘one team’ culture and a positive working environment, while respecting cultures and capabilities across all locations.
• Advanced proficiency with Microsoft Office tools, especially Excel and PowerPoint, and experience with Ariba and/or Beeline systems.
• Ability to demonstrate excellent stakeholder and client management skills.
• Excellent written and verbal communication skills.
• Detail oriented, with ability to complete reporting and analytics accurately, timely, and in a presentable manner. 
• Self-motivated, going beyond immediate responsibilities, with ability to work independently as well as be a team player.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings pla