This role provides an excellent opportunity to apply your critical thinking and problem-solving skills in a dynamic and challenging environment. As a Business & Operations Specialist in the Global Supplier Services team, you will have the opportunity to apply your critical thinking and problem-solving skills in a dynamic and challenging environment. You will report to a Sourcing and Procurement Manager and manage contract data related matters globally. This role requires an experienced team member who can handle tasks such as contract abstraction, contract review, and regulatory compliance checks, supporting the Contract Data Quality Team.
Job Responsibilities
- Organize and upload past contract amendments into the contract repository.
- Provide support for contract cleanup initiatives as needed.
- Perform abstractions of third-party vendor and Inter-Affiliate contracts, identifying required data elements, and ensuring accurate updates in the contract repository
- Assist in regulatory remediation efforts by identifying contracts that do not meet regulatory requirements and appropriately tagging them.
- Maintain a quality-control mindset when reviewing contracts related to purchases and services, anticipating potential issues and protecting the firm against legal risks.
- Support the JPMC merger and acquisition process by ensuring that active contracts between suppliers and the acquired JPMC entity are uploaded to the repository. Ensure all documentation is captured and stored in compliance with document retention standards
- Analyze contract reporting to ensure issues are identified, communicated, and resolved. Investigate the root cause of the contract data quality errors, identify themes, trends, lessons learned, and recommend corrective actions.
- Think critically and independently, provide recommendations and conclusions based on quantitative and qualitative analyses. Support the innovation of existing processes and the development of tools for performing recurring tasks efficiently and automatically. Collaborate effectively across teams from various business units.
- Ensure that abstractions are properly completed for schedules linked to all medium and high-risk engagements and the respective master agreements.
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Required qualifications, skills and capabilities
- Strong verbal and written communication skills. Fluent in English and confident in communicating with stakeholders, able to build strong client relationships.
- Exhibits good attention to details, 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; Works in team environment as well as individually and able to adapt to change easily.
- Good problem solving abilities with an analytical mind to research and resolve issues; Ability to understand and implement system/procedure/policy changes.
- Personal Computer skills with Proficiency in Excel, Adobe and other Microsoft Suite products.
- Working onsite following Asia Pacific Hours.
Preferred qualifications, skills and capabilities
- Minimum of 2 years of experience in contract abstraction is a must
- Experience in legal document review, regulatory compliance or other similar experience.
- Law graduate preferred
- Ariba system working experience preferred
- Run and analyze reporting data
ABOUT US
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, 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.