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Associate - APAC Regional Third Party Management Office, Global Supplier Services - Singapore

Req #: 160107357
Location: Singapore, 01, SG
Job Category: Corporate Staff
Job Description:

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.  Information about J.P. Morgan is available at www.jpmorganchase.com

 

 

JPMorgan Chase seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs.  Our Global Supplier Services (GSS) organization works proactively with line of business colleagues to identify capable suppliers, lead the competitive sourcing process and negotiate and contract with the chosen suppliers.  Leveraging firm-wide buying power and controlling risk are consistent overarching goals.  GSS then ensures that the contracted goods and services can be obtained by our employees in an efficient, cost-effective manner globally.

Description

The Firmwide Third Party Management Office (FTPMO) is a centralized group within GSS that manages the Third Party Oversight & Governance function for all Line of Businesses (LOB) throughout JP Morgan Chase.  This group provides consistent monitoring of all Third Party activity in order to ensure compliance to the Third Party Oversight (TPO) standard across the firm.

 

Principle Duties and Responsibilities

  • Manage, monitor and track a portfolio of third party supplier's compliance to the Third Party Oversight program.
  • Review all engagements for completeness and accuracy, following up with Delivery Managers for additional clarification and escalating issues to Senior Management as needed.
  • Act as a central point contact for all Engagement Requests coming from multiple line of business, answering all system questions and providing policy guidance
  • Responsible for monitoring through various reports, tools, and system research for all engagements/services associated with the third party supplier.
  • Update the appropriate systems, develop & issue reports and follow up with Delivery Managers and maintain documentation in accordance with all policies and procedures
  • Partner with Senior LOB Managers and Delivery Managers to fully understand and document the business needs and any identified solutions.
  • Assess Third Party inventory and processes for efficiency and reduction opportunities across the portfolio.
  • Assist in training Delivery Manager and Senior Managers on the TPO procedures and systems.
  • Supporting the CTPO region lead & FTPMO region lead on governance, audit, compliance requirements and requests.
  • Build strong stakeholder engagement model to promote the TPO program across the region
  • Ensure that items from CTPO globally i.e. from the TPO forum and other committees are appropriately cascaded to the Delivery Manager and Senior Management community as needed.
  • Ensure TPMO duties are delivered in in a manner consistent with business objectives, TPO policy and regulatory guidance.
  • Present to LOB Senior Management key risk metrics and score cards.
  • Partner with global FTPMO team and provide back up to other TPMO members as required.
  • Work on adhoc projects as required, administer meetings, produce documentation and coordinate actions.
  • Proven leader and influencer and able to effect firm-wide change
  • 5+ years relevant work experience in Finance, Sourcing, TPO, Risk, Oversight & Control, Vendor Management, or related roles
  • Outstanding listening and negotiation skills as well as being a strong written and verbal communicator at all levels.
  • Excellent business judgment, particularly the ability to proactively identify and address issues early, performing root cause analysis to develop long term solutions
  • Strong business analysis skills to enable efficient, accurate and objective decision making
  • Ability to partner closely with related functions (Sourcing, Legal& Compliance, Audit, etc.) to ensure a coordinated and effective program
  • Excellent analytical skills
  • Knowledge of risk management and control principles
  • High level knowledge of TPO standards preferred
  • Strong knowledge and experience with the corporate Sourcing and standard TPO systems is preferred.
  • Outstanding organizational, research skills and ability to multitask

 

J.P. Morgan is a place for talented people from all backgrounds and perspectives because our clients come from all backgrounds and perspectives. We encourage a culture of inclusion, where everyone's opinion counts and all employees have the freedom to deliver their absolute best. This is why we work hard and invest in attracting and developing a diverse workforce. Learn more about our Business Resource Groups in how they help our employees build successful careers and reach their greatest potential

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