JP Morgan Hiring Sourcing & Procurement 

Overview:

JP Morgan is hiring an experienced Sourcing & Procurement at their Mumbai location. This position will work in a fast-paced high-volume team that is responsible for reviewing and approving Purchase requisition requests from LOB’s, ensuring documentations are captured and stored in compliance with document retention standards , creating Ad Hoc Blanket PO’s/CO in line with invoicing guidelines/procedures.

This role includes 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, writing test scripts and test execution. You may also be asked to take on stretch assignments and projects related to procurement operations

The complete details of this job are as follows:

What will you be doing:

Perform Ariba purchasing requisition approval and validation for Non-Catalog/Ad-hoc requests

Identify the right supplier to be used for the purchasing requests

Ensure the purchasing requisition is not for an already existing Catalog item

Interact with supplier and LOB to collect the necessary information needed for the purchase

May require to negotiate with Suppliers on pricing and to get the best quote for service/products offered by Supplier

Create Ad Hoc Blanket PO’s/CO in line with invoice automation processes

Partners with donor locations and Lines of business to resolve issues

Ensure compliance to country statutory and regulatory requirements

Manage the efficient, timely entry and maintenance of documentation

Meeting 24-48 SLA timeline to process requests

Error and productivity tracking (within departmental standards)

Satisfactory audit and internal Self-Assessment results

Identification and implementation of process improvements (project participation)

Manage client relationship and ensure Client satisfaction is maintained

Prepare reports tracking productivity and accuracy

Prepares ad-hoc reports /MIS as and when required

Analyze actual spend (catalog/non-catalog items; commodity type); conduct volume and value analysis to provide insights to convert Ad-hoc purchases to Catalog purchases.

Ability to create business processes /procedures and implement and adapt to change in business procedures

Deliver first class service to our customers & Improve end user experience

Ensure quality of work is accurate and pass the monthly/Quarterly internal audit reviews

Qualifications for this Job:

Bachelor’s degree in Commerce (preferable) or related fields or a Degree in Procurement & Supply Chain Management

Overall 2-4 years of experience with min 2 years in procurement or related experience in back office operations, preferably in a financial services organization

Personal Computer skills with proficiency in Word, Excel, Adobe and Web based systems.

Excellent verbal and written communication skills

1+ years Ariba working experience is a plus

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 in 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

Good problem-solving abilities with an analytical mind to research and resolve issues.

Ability to understand and implement system/procedure/policy changes.

What Skills are Needed:

Builds strong client relationships

Good written and verbal communication skills

Run and analyze reporting data

Able to adapt to change easily

Works in team environment as well as individually

Exhibits strong organization skills and effective time management

To apply for this job, visit official website

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