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Position Overview: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.
Your Impact:The Senior Sourcing & Contracts Specialist will engage with the Category Manager and the 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 for our Cloud/SAAS categories.
In addition, you will be encouraged to negotiate and implement new contracts not resulting from a sourcing event as well as statements of work 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:5 - 7+ years proven experience working in Purchasing, commercial Contract Negotiation and Supplier Management environments
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 from contract initiation through termination including execution of Agreements, Statements of Work, Amendments and contract renewals
Broad-based experience in supply chain, procurement, contracts, project management
Participate in category review meetings with team and with business partners on a recurring basis to ensure alignment with the businesses strategic wave plan
Ensure alignment across all suppliers and contracts to the strategy and initiatives
Execute on the category strategy and work toward developing a sourcing pipeline and cohesive cost-saving agreements
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 and proficiency in Word (formatting, redlining)
Handle vendor performance and adherence to contract terms and conditions
Build and handle 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
Strong problem-solving, strategic and creative thinking skills
Financial Services Procurement experiences a plus
At Freddie Mac, our inclusive and diverse culture drives our success and makes us a stronger company. Collectively, we are both leaders and collaborators who work together to meet our mission of Making Home Possible for families across the U.S.
Apply now and learn why there's #MoreAtFreddieMac!
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law.
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $106,000 - $158,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.Employment Type: ["FULL_TIME"]
