Senior Sourcing and Contracts Specialist

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

Pair your passion with purpose! 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. 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!

Our Enterprise Supply Chain team is seeking for a Senior Sourcing & Contracts Specialist to report to the Senior Category Manager. This position is accountable for the end to end sourcing and contracting process related to all suppliers providing professional services within our Facilities Management category.

The Senior Sourcing and Contracts Specialist owns the sourcing events as well as the negotiating, structuring, and management of contractual documents that establish business relationships with suppliers for the Company.

Your Impact:

• Category Management, Contracts Negotiation and Management, Supplier Performance Management, representing the procurement organization as the principal customer contact on assigned category management projects and often performs in a leadership role
• Category plan and strategy, consultative and strategy support to internal business units for procuring Facilities Management, relationship building, supplier and market intel research, spend analysis, and cost saving
• Operate as a senior procurement practitioner across a variety of procurements, providing recommendations as to procurement and supplier strategy and structuring deals
• Negotiate and implement contracts, statement of work and/or amendments to agreements.
• Drafts, reviews and/or approves documents for protection of the Company’s contractual posture and adherence to the Company policy.
• Contribute to the development of robust and thoughtful statements of work and service level metrics
• Develop Requests for Information (RFI), Requests for Proposals (RFP) and Request for Solution (RFS) for competitive bidding and lead the bidding process/events.
• Develop supplier selection criteria and work with key partners in rating competitive bids.
• Involved in resolving customer concerns and managing contractual matters that may arise on contracts
• Ensure contract compliance with terms of service for contracts along with the contract management process
• Work with Legal to develop Procurement strategies to reduce the chances of contractual risk
• Contribute to development and implementation of enterprise-wide Source to Pay processes and systems
  
  

Qualifications:

• 7 years proven experience working in supply chain, commercial Contract Negotiation and Supplier Management environments
• Minimum of 4 years in Facilities Management procurement
• Bachelor's Degree or equivalent experience
• Financial Services Supply Chain/Procurement experiences
• Outstanding category management, sourcing, contract negotiation, analytical, decision making, and relationship management skills
• Strong ability to gain category insights from spend data analysis, industry benchmarks and market intel research reports.
• 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
• 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 wave plan
• Experience with aligning across all suppliers and contracts to the strategy and initiatives
  
  

Keys to Success in this Role:

• Ability to complete the category strategy and work toward developing a sourcing pipeline and cohesive cost-saving agreements
• Familiarity with critical metrics for internal partners in specific categories and assisting with supplier evaluations for external partner important metrics
• Ability to optimally interact in a cross-functional environment with all levels of management
• Highly effective written and oral communications
• High level of proficiency in Workday Strategic Sourcing and Microsoft Office suite -- including Word, PowerPoint, Excel
• Ability to work independently
  
  

At Freddie Mac, our 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.

Apply now and learn why there’s #MoreAtFreddieMac

Current Freddie Mac employees please apply through the internal career site.

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. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

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 $110,000 - $166,000 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.