Strategic Sourcing and Contracting Lead

Job description

As a valued colleague on our team, you will lead efforts for planning, directing, or executing activities related to acquisition of goods and services. In this role, your responsibilities will include competitive selection of supplier(s) by following Fannie Mae's strategic sourcing process and contracting based on established guidelines. THE IMPACT YOU WILL MAKE The Supply Base Management- Category Management- Lead Associate role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities: Lead the team in gathering information about the equipment, provisions, services, and other needs of Fannie Mae.

Manage RFx process, including communication between business unit stakeholders and suppliers. Negotiate agreement terms (mainly for Software, Hardware and Data) with selected suppliers. Lead communication with key stakeholders (legal, BU, finance, etc.) to execute contracts. Adjust procurement needs based on Fannie Mae's changing demands. Work with suppliers to ensure that procurement needs of Fannie Mae are met. Manage multiple sourcing projects in a fast-paced, constantly evolving environment.

Communicate sourcing strategies, processes, and results at all organizational levels through presentations, reports, and meetings. Utilize metrics, methods, and procedures to drive and measure sourcing outcomes, providing clear linkage to broader corporate goals. Conduct supplier financial analyses to inform negotiation strategies and decision-making. Prepare detailed reports and analyses using spreadsheets and other reporting tools.

Enhance customer satisfaction by delivering proven, measurable sourcing results while balancing risk mitigation and compliance controls.