Senior Sourcing & Contracts Specialist

Freddie Mac • McLean, VA

84d • $110,000 - $166,000

About The Position

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose. Our Enterprise Supply Chain team is looking for a Senior Sourcing & Contracts Specialist to report to the Category Manager. This position is accountable for the end to end sourcing and contracting process related to all suppliers providing goods and/or services within our Software/Cloud/SAAS category. Our continuous support, in good economic conditions and bad, and in markets that might otherwise be underserved, provides stability to the housing market and helps families rent, buy and keep homes they can afford. Pair your passion with purpose! Our Impact: Our team unlocks value from our supply network to enable growth, innovation and an outstanding customer experience! We seek to improve customer experience, mitigate third-party risk and demonstrate our buying power in order to build, enable, and sustain value for our business partners and suppliers.

Requirements

• 5 - 7+ years proven experience in Purchasing, commercial Contract Negotiation and Supplier Management.
• Minimum of 5 years in Software/Cloud/SaaS procurement.
• Associates Degree or equivalent combination of training and experience.
• Outstanding negotiation, analytical, decision making, and customer relationship skills.
• Experience in developing and running sourcing events from development to contract execution.
• Responsible for full contract life cycle for all category suppliers.
• Broad-based experience in supply chain, procurement, contracts, project management.
• Participate in category review meetings with team and business partners.
• Ensure alignment across all suppliers and contracts to the strategy and initiatives.
• Accountable for internal partner KPIs for category(s) and support supplier scorecard for external partner KPIs.
• Highly effective written and oral communications as well as interpersonal skills.
• Knowledge and expertise of purchasing systems, category management, and strategic sourcing methodologies.
• Knowledge of Workday Strategic Sourcing (ScoutRFP) and Workday.
• Proficient with Microsoft Office suite, specifically PowerPoint and Excel.

Nice To Haves

• Financial Services Procurement experiences.

Responsibilities

• Engage with the Category Manager and business partners to complete the category strategy.
• Handle the sourcing and contracting specific to category suppliers.
• Run sourcing events (RFX’s) including supplier RFx development.
• Lead supplier meetings and provide subject matter expertise during the sourcing process.
• Analyze and recommend supplier proposals.
• Negotiate, structure, and manage contractual documents with suppliers.
• Negotiate and implement new contracts not resulting from a sourcing event.
• Ensure integration of and compliance with vendor risk, diversity, and management requirements.
• Identify and drive cost efficiency to meet all savings targets.

Benefits

• Competitive compensation.
• Market-leading benefit programs.
• Annual incentive program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 5,001-10,000 employees