Sourcing Analyst - Contract Management/Drafting

Location: Metro Manila, National Capital Region, Philippines

Job Family: Sourcing

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a rich history of innovation and client focus. As a Sourcing Analyst - Contract Management/Drafting in our Metro Manila office, you will play a pivotal role in driving technology sourcing initiatives that power our global business operations. This position within the Sourcing category involves managing supplier relationships, drafting critical contracts, and delivering cost-effective solutions that support JPMC's commitment to excellence in banking, investment, and asset management. You will contribute to strategic projects that enhance our technological capabilities while ensuring compliance with industry standards and regulatory requirements in the dynamic financial services landscape. Your day-to-day responsibilities will include leading sourcing projects from inception to completion, negotiating favorable terms with technology vendors, and fostering strong partnerships to drive value. You will collaborate closely with legal, IT, and business teams to mitigate risks, optimize costs, and integrate sustainable practices into our supply chain. By analyzing market opportunities and supplier performance, you will help JPMC maintain its competitive edge in a rapidly evolving fintech environment, all while upholding our core values of integrity and client-centric innovation. This role offers an exciting opportunity to grow within one of the world's most respected financial institutions, with exposure to global projects and diverse teams. If you are passionate about procurement in finance and eager to make an impact at JP Morgan Chase, join us in Metro Manila to shape the future of our sourcing strategies.

Key Responsibilities

• Lead end-to-end technology sourcing projects, from RFx processes to contract execution, ensuring alignment with JPMC's global business objectives
• Draft, review, and negotiate complex contracts and agreements with suppliers to mitigate risks and optimize terms
• Manage ongoing supplier relationships, including performance monitoring, issue resolution, and continuous improvement initiatives
• Develop and implement cost-effective sourcing strategies that deliver value and support JPMC's innovation in financial services
• Collaborate with cross-functional teams, including legal, IT, and finance, to ensure compliance and seamless integration of supplier solutions
• Analyze market trends and supplier capabilities to recommend innovative technology solutions for JPMC's global operations
• Conduct due diligence on potential suppliers, assessing financial stability, regulatory compliance, and alignment with JPMC's ethical standards
• Track and report on sourcing metrics, such as cost savings, contract compliance, and supplier performance, to senior stakeholders
• Support the integration of sustainable and diverse sourcing practices in line with JPMC's corporate responsibility goals

Required Qualifications

• Bachelor's degree in Business Administration, Finance, Law, Supply Chain Management, or a related field
• Minimum of 3-5 years of experience in sourcing, procurement, or contract management within the financial services industry
• Proven experience in drafting, negotiating, and managing technology-related contracts and supplier agreements
• Strong understanding of global sourcing strategies and compliance with financial regulations such as SOX and GDPR
• Excellent analytical skills with the ability to evaluate supplier proposals and manage budgets effectively
• Proficiency in sourcing tools and software, including Ariba or similar procurement platforms

Preferred Qualifications

• Advanced degree (MBA or JD) with a focus on procurement or contract law
• Experience working in a multinational financial institution like JP Morgan Chase
• Certification in procurement (e.g., CIPS) or contract management (e.g., IACCM)
• Familiarity with technology sourcing in areas like fintech, cybersecurity, or cloud services
• Previous exposure to managing vendor relationships in a high-stakes banking environment

Required Skills

• Contract drafting and negotiation expertise
• Supplier relationship management
• Analytical and problem-solving abilities
• Knowledge of financial regulations and compliance
• Proficiency in procurement software (e.g., SAP Ariba)
• Strong communication and stakeholder engagement skills
• Project management and prioritization
• Risk assessment and mitigation
• Data analysis and reporting
• Understanding of technology trends in finance
• Attention to detail and accuracy
• Adaptability in a fast-paced environment
• Team collaboration and influence
• Ethical decision-making
• Multilingual capabilities (English and Tagalog preferred)

Benefits

• Competitive base salary and performance-based bonuses aligned with JPMC's financial success
• Comprehensive health, dental, and vision insurance coverage for employees and dependents
• Retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities through JPMC's internal training programs and tuition reimbursement
• Employee wellness programs, including gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Metro Manila
• Global mobility support for career advancement within JP Morgan Chase's international network

JP Morgan Chase is an equal opportunity employer.