Contract Remediation - Sourcing Manager - Senior Associate

Job Description
In response to the changing regulatory landscape, companies must comply with numerous new requirements, prompting the need for a Supplier Contract Compliance Manager. This role is crucial for managing regulatory compliance complexities and ensuring supplier contracts adhere to relevant laws and standards.
Join our team to direct and manage Supplier Regulatory Contract Remediation programs for JP Morgan Chase's Sourcing and Procurement organization.
As a Contract Remediation Sourcing Manager with in Global Supplier Services, you will lead the supplier contract remediation program, developing strategies and overseeing the remediation process. You will work closely with the Legal team to interpret new regulations and assist in creating playbooks and contract amendments for compliance. Overall, this position is vital for ensuring that supplier contracts align with evolving regulatory standards.
Job Responsibilities

• Direct comprehensive compliance efforts within Sourcing and Procurement to meet all supplier-related regulatory requirements.
• Stay updated on legal and regulatory developments affecting the organization and adjust compliance strategies accordingly.
• Formulate and secure approval for strategic responses to new regulatory changes and requirements.
• Oversee remediation projects within Sourcing & Procurement and ensure precise documentation of compliance activities to support reporting to senior management and regulatory authorities as needed.
• Conduct regular assessments to evaluate the effectiveness of compliance controls and identify areas for improvement.
• Work with cross-functional teams to resolve compliance issues, assist the Legal team with contract management, and provide training to promote a culture of compliance

Required qualifications, capabilities, and skills

• 5+ years of contract management / paralegal experience or a College degree in law.
• Understand laws, regulations, and industry standards impacting supplier contract compliance.
• Meticulous in reviewing contracts and compliance documents for accuracy and completeness.
• Ability to assess compliance risks and develop effective mitigation strategies.
• Excellent verbal and written skills for conveying compliance requirements and collaborating with stakeholders. Proficient in managing multiple compliance projects, ensuring timely completion and adherence to deadlines.
• Skilled in negotiating contract terms to align with compliance standards.
• Proficient ethics and integrity to uphold compliance standards and foster a culture of compliance

About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.