Senior Sourcing & Contracts Specialist

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. Continue your career journey 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 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.

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.

• 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 (Scout
  
  RFP) 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…