Establish e-business, procure-to-pay, environmental, and Strategic Sourcing cost reduction strategies to continually improve category effectiveness and efficiencies
Customize legal contract language to proactively anticipate technology, market and business issues
Control all aspects of negotiation and set negotiation strategy
Support acquisitions including negotiation reassignment on high-risk contracts
Participate in the review of closing agreements
Lead projects required to ensure legal and regulatory compliance, as well as educate and act as a resource for Contract Analysts with regard to such issues
Educate Contract Analysts and business partners on risk issues and handle vendor disputes
Provide direction and guidance to less experienced staff
Partner with business units to issue and evaluate Request For Proposals and to ensure successful implementation of agreements
Partner with business units to ensure standard contracts include corporate requirements
Establish and maintain a good rapport with executive management, vendors, and third-party lessors or manufacturers to optimize negotiation, savings and service improvements and problem resolution
Act as a focal point for coordinating sourcing efforts across business entities

Requirements

4+ years of Sourcing, Procurement experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Fundamental understanding of contract law, including a minimum of 4 years’ experience drafting, reviewing, and interpreting contracts
Comprehensive sourcing and contract negotiation experience with suppliers in one or more of the following categories: technology (e.g. hardware/software/SaaS/public and private cloud), financial services industry related products and services
Experience negotiating contracts and sourcing for a large complex organization in a highly regulated environment
Ability to project manage deals, including legal, financial and stakeholder reviews
Strong benchmarking and analysis capabilities
Proficiency with leading web-based contract management, strategic sourcing (RFx) and reverse auction tools (ex: Beeline, and Ariba)
Ability to quickly establish credibility to build and maintain effective working relationships
Strong time management skills and ability to meet deadlines
Strong analytical skills and high attention to detail.

Benefits

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Applicant Tracking System Keywords

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Hard Skills & Tools

SourcingProcurementContract lawContract negotiationProject managementBenchmarkingAnalysisDrafting contractsReviewing contractsInterpreting contracts

Soft Skills

Negotiation strategyRelationship buildingTime managementAttention to detailLeadershipCommunicationProblem resolutionEducationGuidanceCredibility