Sourcing and Procurement Operations

Location
Bengaluru, Karnataka
 
Full job description
Global Supplier Services (GSS) organization brings together Category Sourcing, Third Party Oversight, Procurement Operations, Accounts Payable, Supplier Relationship Management, Supplier Diversity, and Customer Experience into one team. This group of more than +00 employees (in 11 countries) manages the source-to-pay processes for JPMorgan Chase in a manner that mitigates supplier-related Risks, enhances supplier performance and manages supplier expenses, while providing the firm an optimal customer experience.

Job Summary

As a Business Ops Specialist, within the Global Supplier Services team you will report to a Sourcing and Procurement (Business Ops) Manager and will be responsible for managing contract data related matters. This position requires an experienced person who will be able to do the contract abstraction, contract review, regulatory compliance check etc.

Job responsibilities:

Complete abstractions of third party vendor and Inter-Affiliate contracts, identifying required data elements and ensuring they are accurately updated in the contract repository
Arrange past contract amendments uploaded within contract repository, following the hierarchy and rename contracts following the naming convention as part of clean up initiative.
Support regulatory remediation efforts by identifying the contracts that doesn’t meet regulatory requirements and tag it appropriately
Support JPMC merger and acquisition process by ensuring that the active contracts between supplier and JPMC acquired entity are uploaded to the repository
Analyze contract reporting to ensure issues are identified, communicated and resolved
Ensure documentation is captured and stored in compliance with document retention standards
Analyze root cause of contract data quality errors; identify themes, trends, lessons learned; recommend corrective actions
Think critically and independently, provide recommendations and/or conclusions based on quantitative and qualitative analyses performed.
Support in innovating existing processes and the development of tools to perform recurring tasks in an efficient and automated manner.
Coordinate across teams from various business units and work in a collaborative team environment.
Required qualifications, capabilities and skills:

2+ years of experience in contract abstraction, legal document review, regulatory compliance or other similar experience.
Strong verbal and written communication skills.
Builds strong client relationships
Exhibits strong organization skills and effective time management
Self-starter who consistently acts with a sense of urgency and can work with limited guidance and direction from others
Personal Computer skills with Proficiency in Excel, Adobe and other Microsoft Suite products
Preferred qualifications, capabilities and skills:

Ariba system working experience
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