Sourcing 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.

The Sourcing Contracts Specialist will report to the Category Manager and is responsible for the end to end sourcing and contracting process related to all suppliers providing goods and/or services within a specified procurement category. This includes responsibility for all aspects of running sourcing events (RFX’s) including but not limited to leading supplier RFx development, leading supplier meetings during the sourcing process, providing subject matter expertise throughout the sourcing process where applicable, leading the analysis and recommendation of supplier proposals, and negotiating, structuring, and management of contractual documents that establish business relationships with suppliers for designated categories. In addition, negotiate and execute new contracts not resulting from a sourcing event as well as statements of work and/or amendments to existing category agreements. The Sourcing Contracts Specialist will also ensure integration of and compliance with vendor risk, diversity, and management requirements throughout the sourcing process.

**This position can be performed currently from a remote location in the U.S. but will require presence in a Freddie Mac office in the future.***

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 Sourcing Contracts Specialist will engage with the Category Manager and the business partners to execute and handle the tactical sourcing and contracting specific to category suppliers. Your responsibilities will involve assisting sourcing events (RFX’s), Strategic Management of categories and other duties as directed by the Category Manager.

• Bachelor’s degree or equivalent combination of training and experience
• 10+ years proven experience working in Purchasing, commercial Contract Negotiation and Supplier Management environments.
• Outstanding negotiation, analytical, decision making, and relationship leadership skills
• Experience in developing and running sourcing events from development to contract execution
• Broad-based experience in supply chain, procurement, contracts, project management
• Ability to effectively interact in a cross-functional environment with all levels of management
• Ability to work independently
• Financial Services Procurement experiences is a plus
• Knowledge and expertise of purchasing systems, category management, and strategic sourcing methodologies
• Knowledge of PeopleSoft a plus
• Strong problem-solving, strategic and creative thinking skills
• Proficient with Microsoft Office suite, specifically PowerPoint and Excel

• Strong problem-solving, strategic and creative thinking skills
• 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
• Manage supplier performance and adherence to contract terms and conditions
• Build and manage strong supplier relationships
• Identify and drive savings throughout the sourcing and contracts process to meet all savings targets set by the Category Manager
• Execute on the category strategy and work toward developing a sourcing pipeline and cohesive cost-saving agreements

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.

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.