Market Data Category Sourcing Manager - Associate

Job Description
Are you ready to make a meaningful impact in a global financial institution? Join us and help shape the future of supplier relationships in market data, brokerage, and exchanges. You will collaborate with senior leaders and cross-functional teams to deliver innovative sourcing solutions. This is your opportunity to influence strategic decisions and support business growth. Be part of a team that values your expertise and empowers you to excel.
As a Market Data Category Sourcing Manager Associate in the Corporate and Investment Bank and Asset and Wealth Management teams, you will lead and support sourcing and contracting activities for third-party suppliers. You will work closely with colleagues across the business to identify, evaluate, and onboard suppliers that meet our needs. You will help us achieve cost efficiencies and ensure compliance with global standards. Your role will enable us to deliver high-quality services to our clients and stakeholders. Together, we will build strong supplier partnerships and drive business success.
Job Responsibilities

• Develop and maintain relationships with senior executives and business partners in market data services and global reference data teams
• Lead sourcing and contracting processes for third-party supplier spend across multiple business groups
• Identify and evaluate capable suppliers to meet business requirements
• Conduct competitive sourcing processes and negotiate commercial terms
• Support vendor rationalization initiatives across corporate and investment banking and asset and wealth management
• Ensure channel compliance and efficient procurement of goods and services globally
• Perform in-depth supplier due diligence and cost analysis
• Present sourcing options and recommendations to stakeholders
• Collaborate with legal, risk, third-party oversight, and finance teams to complete negotiations
• Maintain compliance with all policy and procedural guidelines
• Partner with regional teams and clients on local, regional, and global sourcing projects

Required Qualifications, Capabilities, and Skills

• Demonstrated experience in market data services
• Strong sourcing and process knowledge
• Excellent written and verbal communication skills
• Proven interpersonal skills and sound judgment
• Ability to manage multiple assignments and meet deadlines
• Experience working with all levels of management across regions
• Strong client management skills
• Advanced financial analysis abilities
• Commitment to policy and procedural compliance
• Ability to collaborate effectively with cross-functional teams
• Skilled in supplier evaluation and onboarding

Preferred Qualifications, Capabilities, and Skills

• Experience with trading platforms, exchanges, pricing, research subscriptions, and broker services
• Background in supplier due diligence for complex sourcing transactions
• Familiarity with global procurement practices
• Experience supporting vendor rationalization programs
• Ability to present sourcing strategies to senior stakeholders
• Knowledge of service level agreement compliance
• Experience in developing and executing sourcing strategies for significant transactions

About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
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.