Skills Needed

Description

Position Overview:

The Enterprise Supply Chain team is looking for a 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.

Our Impact:

Our team unlocks value from our supply network to enable growth, innovation, and outstanding customer experience! We seek to improve customer experience, mitigate third-party risk, and demonstrate our buying power to build, enable, and sustain value for our business partners and suppliers.

Your Impact:

The Sourcing Contracts Specialist will work with the Category Manager and engage business partners to complete the category strategy by handling the sourcing and contracting specific to category suppliers. Your responsibilities will involve all aspects of running sourcing events (RFX’s) including handling supplier RFx development, leading supplier meetings and providing subject matter expertise during the sourcing process, analysis, and recommendation of supplier proposals, and negotiating, structuring, and management of contractual documents that establish business relationships with suppliers. In addition, you will be encouraged to negotiate and implement new contracts not resulting from a sourcing event and/or amendments to existing category agreements. You will also ensure integration of and compliance with vendor risk, diversity, and management requirements throughout the sourcing process. Your role will identify and drive cost efficiency to meet all savings targets.

Qualifications:

• 10+ years proven experience working in Purchasing, commercial Contract Negotiation and Supplier Management environments

• Category Management experience in Professional Services is a plus

• Undergraduate 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

• Experience in full contract life cycle for all category suppliers from contract initiation through termination including execution of Agreements, Statements of Work, Amendments, and renewals

• Broad-based experience in supply chain, procurement, contracts, project management

• Experience in category review meetings with team and with business partners on a recurring basis to ensure alignment with the businesses strategic plan

• Experience with aligning across all suppliers and contracts to the strategy and initiatives

• Ability to complete the category strategy and work toward developing a sourcing pipeline and cohesive cost-saving agreements

• Experience with internal partner KPIs for category(s) and support supplier scorecard for external partner critical metrics

• Highly effective written and oral communications as well as interpersonal skills

• Knowledge and expertise of purchasing systems, category management, and strategic sourcing methodologies

• Proficiency with Microsoft Office suite, specifically Word, PowerPoint, and Excel

• Knowledge of Workday Strategic Sourcing is a plus

Keys to Success in this Role:

• Manage supplier performance and adherence to contract term and conditions

• Build and manage strong supplier relationships

• Continuous improvement and leading practices within the sourcing and contracting process

• Ability to effectively interact in a cross-functional environment with all levels of management

• Ability to work independently and strong attention to detail

• Strong problem-solving, strategic, and creative thinking skills

• Financial Services Procurement experiences is beneficial

At Freddie Mac, our inclusive and diverse culture is what powers our work. Collectively, what we share is a passion for more—for making a difference by making home possible for families across the nation. Come as you are and do what you love.