Job Description
Global Supplier Services (GSS) organization seeks to do business with suppliers who provide the best price, quality and capability to meet our business needs. With over 1000 team members in 11 countries, our GSS 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.
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
:
This position will work in a fast-paced high-volume team that is responsible for conducting Financial Viability Assessments, preparing NDA's, managing catalogs, publishing/ supporting contract amendments, This role includes work working closely with Sourcing Managers, Suppliers, and our Line of Business Partners. This role will also require to participate in identifying process improvements, developing enhancement request requirements and test execution. You may also be asked to take on stretch assignments and projects.
Primary Responsibilities Not Limited To:
• Preparing NDA between JPMC and two or more parties when the parties plan to disclose confidential information to each other for a specific project/contract.
• Managing the Procurement Catalogs contained in Ariba, as well as verifying all catalogs have the appropriate approvals.
• Managing the Catalog Management SharePoint site and ensuring the validation of all catalog contracts
• Assessing, analyzing, gathering information and interpreting complicated financial information by undertaking Financial Viability Assessments conducted to assess financial health of current suppliers and potential suppliers for Lines of Business and Third-Party Oversight.
• Responsible for the origination of Rating business (both private companies and public companies) from large corporate clients across APAC, EMEA and U.S. Locations
• Assessing the credit worthiness of client companies by analyzing company's financial statements to determine the degree of risk involved in providing credit rating to various companies
• Performing fundamental financial analysis comprising of consolidated balance sheet, consolidated profit & loss account and consolidated cash flow statement
• Reviewing important factors such as working cash, income vs expenses, quick cash-current funds, debt/equity ratios, liquidity ratios, profitability position, leverage position and also ensure whether company is in compliance with the Bank/Regulatory norms
• Provide detailed and accurate research on supplier companies, so as to enable forming a balanced credit opinion/ credit rating by preparing credit profile
• Assign Ratings and prepare reports that cogently captures the rationale behind the rating
• Supporting contract amendments as and when needed.
• Ensuring documentations are captured and stored in compliance with document retention standards and agreed folder structure.
• Performing clean-ups linked to stored documents, contracts and catalogs, from time to time.
• Ensure adherence to timelines and preparing weekly reports and monthly SLA Reports
Key Skills Required:
• Bachelor's Degree preferred
• Minimum of 3-4 years' experience in data processing, procurement or in operations environment.
• Personal computer skills with proficiency in Word, Excel, SharePoint, and web based systems.
• Excellent verbal and written communication skills
• 2+ years of SAP, Oracle, Ariba or Concur experience is a plus
• Knowledge of Source to Pay Operations preferred
• Strong problem-solving and analytical ability: able to think-through and outline work processes in a thoughtful and detailed manner
• Able to prioritize issues and multi-task effectively to handle multiple assignments
• Able to be proactive in a fast-paced environment while remaining calm under pressure
• Proactively seeks guidance, clarification, and feedback from others
• Should be willing to work flexi shift (may include EMEA/US hours)
• Above all, willingness to learn driven by natural intellectual curiosity with a genuine interest in knowledge gathering, problem solving and business improvement
Core Competencies
• Good attention to detail
• Ability to understand and implement system/procedure/policy changes
• Able to quickly and effectively respond to rapidly changing business needs and urgent requests and build strong client relationships
• Ability to think critically and independently, provide recommendations and/or conclusions based on quantitative and qualitative analyses performed. Interest in innovating existing processes and the development of tools to perform recurring tasks in an efficient and automated manner.
• Team player capable of working collaboratively and developing strong partnerships
• Strong organizational skills and effective time management
• Self-starter with ability to consistently act with a sense of urgency
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
:
This position will work in a fast-paced high-volume team that is responsible for conducting Financial Viability Assessments, preparing NDA's, managing catalogs, publishing/ supporting contract amendments, This role includes work working closely with Sourcing Managers, Suppliers, and our Line of Business Partners. This role will also require to participate in identifying process improvements, developing enhancement request requirements and test execution. You may also be asked to take on stretch assignments and projects.
Primary Responsibilities Not Limited To:
• Preparing NDA between JPMC and two or more parties when the parties plan to disclose confidential information to each other for a specific project/contract.
• Managing the Procurement Catalogs contained in Ariba, as well as verifying all catalogs have the appropriate approvals.
• Managing the Catalog Management SharePoint site and ensuring the validation of all catalog contracts
• Assessing, analyzing, gathering information and interpreting complicated financial information by undertaking Financial Viability Assessments conducted to assess financial health of current suppliers and potential suppliers for Lines of Business and Third-Party Oversight.
• Responsible for the origination of Rating business (both private companies and public companies) from large corporate clients across APAC, EMEA and U.S. Locations
• Assessing the credit worthiness of client companies by analyzing company's financial statements to determine the degree of risk involved in providing credit rating to various companies
• Performing fundamental financial analysis comprising of consolidated balance sheet, consolidated profit & loss account and consolidated cash flow statement
• Reviewing important factors such as working cash, income vs expenses, quick cash-current funds, debt/equity ratios, liquidity ratios, profitability position, leverage position and also ensure whether company is in compliance with the Bank/Regulatory norms
• Provide detailed and accurate research on supplier companies, so as to enable forming a balanced credit opinion/ credit rating by preparing credit profile
• Assign Ratings and prepare reports that cogently captures the rationale behind the rating
• Supporting contract amendments as and when needed.
• Ensuring documentations are captured and stored in compliance with document retention standards and agreed folder structure.
• Performing clean-ups linked to stored documents, contracts and catalogs, from time to time.
• Ensure adherence to timelines and preparing weekly reports and monthly SLA Reports
Key Skills Required:
• Bachelor's Degree preferred
• Minimum of 3-4 years' experience in data processing, procurement or in operations environment.
• Personal computer skills with proficiency in Word, Excel, SharePoint, and web based systems.
• Excellent verbal and written communication skills
• 2+ years of SAP, Oracle, Ariba or Concur experience is a plus
• Knowledge of Source to Pay Operations preferred
• Strong problem-solving and analytical ability: able to think-through and outline work processes in a thoughtful and detailed manner
• Able to prioritize issues and multi-task effectively to handle multiple assignments
• Able to be proactive in a fast-paced environment while remaining calm under pressure
• Proactively seeks guidance, clarification, and feedback from others
• Should be willing to work flexi shift (may include EMEA/US hours)
• Above all, willingness to learn driven by natural intellectual curiosity with a genuine interest in knowledge gathering, problem solving and business improvement
Core Competencies
• Good attention to detail
• Ability to understand and implement system/procedure/policy changes
• Able to quickly and effectively respond to rapidly changing business needs and urgent requests and build strong client relationships
• Ability to think critically and independently, provide recommendations and/or conclusions based on quantitative and qualitative analyses performed. Interest in innovating existing processes and the development of tools to perform recurring tasks in an efficient and automated manner.
• Team player capable of working collaboratively and developing strong partnerships
• Strong organizational skills and effective time management
• Self-starter with ability to consistently act with a sense of urgency
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs
💡 Quick Summary
Seeking a career-building opportunity? The Business Ops Specialist position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
