Category Sourcing Manager (VP) – Marketing, Global Supplier Services at JPMorgan Chase: Complete Job Insights

Discover the high-impact Category Sourcing Manager VP position in Marketing Global Supplier Services at JPMorgan Chase. Based in Plano, TX, this role offers a competitive salary range of $123,500 to $200,000 USD annually. Ideal for procurement experts focusing on global sourcing strategies, this guide breaks down responsibilities, requirements, and career advice for sourcing manager jobs in banking.

Introduction

The Category Sourcing Manager (VP) role in Marketing, Global Supplier Services at JPMorgan Chase represents a senior leadership position in procurement and supply chain management. Posted for the Plano, TX location, this job emphasizes strategic sourcing across key regions like the Middle East and Africa. With a salary band of $123,500 to $200,000 per year, it attracts seasoned professionals in category sourcing who drive cost savings, supplier relationships, and category-specific strategies in marketing services.

This pedagogical guide demystifies the role, offering clear insights into what it entails, how to prepare, and its place in the competitive landscape of sourcing manager jobs Plano TX. Whether you’re a procurement veteran or advancing in global supplier services careers, understanding this VP-level opportunity at a Fortune 500 bank like JPMorgan Chase is essential for career growth.

What is Category Sourcing in Marketing?

Category sourcing involves managing procurement for specific spend categories, such as marketing materials, advertising services, and promotional supplies. At VP level, it scales to global operations, ensuring compliance, innovation, and efficiency in supplier partnerships.

Analysis

Analyzing the Category Sourcing Manager VP job at JPMorgan Chase reveals a focus on leadership in executing category strategies. Responsibilities include leading the funding and execution of category initiatives, particularly in high-growth areas like the Middle East and Africa. This role sits within Global Supplier Services, a division handling billions in procurement spend for the bank’s worldwide operations.

Core Responsibilities Breakdown

• Strategic Sourcing Leadership: Develop and implement sourcing strategies for marketing categories, optimizing supplier selection and contract negotiations.
• Global Execution: Oversee projects in regions including the Middle East and Africa, ensuring alignment with JPMorgan’s risk and compliance standards.
• Stakeholder Management: Collaborate with marketing, finance, and legal teams to balance cost, quality, and innovation.
• Performance Metrics: Drive KPIs like cost savings (targeting 10-20% annually), supplier diversity, and sustainability goals.

The Plano, TX base leverages the city’s growing finance hub status, with proximity to JPMorgan’s major operations center. Salary competitiveness ($123,500-$200,000) reflects VP seniority, factoring in experience, location adjustments, and performance bonuses typical in banking procurement.

Market Demand for Sourcing Managers

Procurement roles like this have surged 15% in demand per U.S. Bureau of Labor Statistics data (2023), driven by supply chain disruptions and ESG pressures. JPMorgan’s emphasis on global supplier services positions this as a pivotal role in resilient sourcing.

Summary

In summary, the Category Sourcing Manager (VP) – Marketing, Global Supplier Services at JPMorgan Chase in Plano, TX, is a strategic procurement leadership role paying $123,500-$200,000 annually. It demands expertise in category management, global execution, and supplier innovation, with a focus on regions like the Middle East and Africa. This position suits executives ready to lead funding and execution of sourcing classes, delivering measurable business value.

Key Points

Practical Advice

To land a category sourcing manager VP job, tailor your application with quantifiable achievements. Here’s step-by-step guidance:

Resume Optimization

Highlight 10+ years in procurement, with metrics like “$50M savings via strategic sourcing.” Use keywords: “category management,” “global supplier services,” “RFx processes,” “supplier risk management.”

Interview Preparation

Prepare for behavioral questions using STAR method (Situation, Task, Action, Result). Discuss case studies on marketing category sourcing, e.g., negotiating digital ad contracts amid inflation.

1. Research JPMorgan’s Supplier Diversity program.
2. Master tools like SAP Ariba, Coupa for sourcing demos.
3. Network on LinkedIn with JPMorgan GSS alumni.

Application Process

Apply via JPMorgan’s careers portal. Customize cover letter emphasizing regional experience in Middle East/Africa sourcing challenges, such as geopolitical risks.

Points of Caution

While attractive, consider these realities in sourcing manager jobs Plano TX:

• High Competition: VP roles receive 500+ applications; differentiate with CIPS or CPSM certifications.
• Travel Demands: Global focus means 20-30% international travel, impacting work-life balance.
• Performance Pressure: Savings targets are aggressive; underperformance risks bonus forfeiture.
• Relocation: Plano’s cost of living is 10% below NYC but rising; factor housing ($2,500/month average).

Salary Negotiation Tips

Aim mid-range ($160,000+) with 15-20% bonus potential. Verify via Glassdoor data showing JPMorgan procurement VP averages $175,000 total comp.

Comparison

Compare this JPMorgan role to similar positions:

JPMorgan edges in global exposure but lags NYC peers in base pay due to Texas taxes (none on state income). Per Levels.fyi (2024), banking procurement VPs average 12% higher comp in NY.

Vs. Non-Banking Roles

Tech firms like Amazon offer $200K+ for Category Managers but emphasize data analytics over relationship-building, per Indeed salary data.

Legal Implications

For U.S.-based roles like this in Texas, key legal aspects include:

• At-Will Employment: Texas follows at-will doctrine; termination possible without cause, per U.S. Dept. of Labor.
• Salary Transparency: Listings comply with Colorado/NY laws, but Texas has no mandate; range disclosure aids fair pay under Equal Pay Act.
• Non-Compete Clauses: Common in banking; enforceable if reasonable (1-2 years), per FTC guidelines (2024 proposal bans excessive ones).
• EEO Compliance: JPMorgan adheres to Title VII; applicants protected from discrimination.

Review offer letters for arbitration clauses, standard in finance per EEOC data.

Conclusion

The Category Sourcing Manager (VP) in Marketing Global Supplier Services at JPMorgan Chase offers a gateway to executive procurement leadership. With Plano, TX as hub, $123,500-$200,000 salary, and global scope, it’s primed for sourcing experts driving category excellence. By following this guide’s practical advice, you can position yourself strongly. Apply now to shape JPMorgan’s supplier ecosystem amid evolving markets.

This role underscores procurement’s evolution from transactional to strategic, vital for banking resilience. Stay informed on global supplier services careers for sustained success.

FAQ