Market Data Sourcing Manager

Job Title

Category Sourcing Manager

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 scalehelping 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 stakeholdersprimarily within the Commercial & Investment Bank and Asset & Wealth Managementconduct 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 contracting for third-party supplier spend across Market Data and related services within a line of business.
• Build stakeholder partnerships with executives and teams (including Market Data Services and Vendor Management Offices) to understand business drivers and third-party requirements.
• Support vendor rationalization efforts across the Commercial & Investment Bank and Asset & Wealth Management.
• Drive channel compliance across the vendor landscape and help ensure contracted goods/services can be obtained efficiently and cost-effectively on a global basis
• Conduct supplier due diligence and partner with clients and stakeholders to define sourcing requirements.
• Support negotiations and contract development through approval and execution in partnership with internal control functions.
• Maintain adherence to policy and procedural guidelines for sourcing and contracting activities.
• Partner with regional teams on 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 to manage 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 skills and 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 experience delivering complex initiatives.
• Proven track record of broad, strategic thinking in a Sourcing or Vendor Management role.

About Us

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 plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success. Global Supplier Services (GSS) manages the source-to-pay cycle, engaging with suppliers, negotiating contracts, conducting risk assessments and evaluating the customer experience. Global teams support sourcing, third party oversight, procurement and payment operations, supplier relationship management and customer experience.