Strategic Sourcing and Contracting Lead

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

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.

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

• Minimum of 4 years of sourcing experience in Technology (Software, Hardware, and Cloud).
• Proven contract negotiation skills, with experience in redlining and collaborating with Legal on complex agreements.
• Demonstrated track record of leading successful sourcing projects with both qualitative and quantitative outcomes.
• Strong project management skills, with the ability to handle multiple priorities in a dynamic environment.
• Exceptional communication skills, both written and verbal; comfortable presenting at all organizational levels.

Desired Experience

• Bachelor’s degree
• Advanced analytical skills, with expertise in using sourcing metrics and linking them to corporate objectives.
• Experience with supplier financial analysis and reporting, particularly using spreadsheets.
• Proficiency in MS Office (Word, Excel, PowerPoint) and familiarity with eSourcing and project management tools.

Supply Base Management - Category Management - Lead Associate

Target Salary Range: $94,000 - $122,000 a year

Qualifications

Active Directory (AD), Active Directory (AD), Amazon Web Services (AWS), Artificial Intelligence (AI), Atlassian JIRA, Authentication Management, Backup and Recovery (Software), Business Insight Skills, Business Process Management Skills, Calendar and Scheduling Tools, Cleaning and Transforming Data, Cloud Technology, Collaborating Cross-Functionally, Communicating in Technical Writing, Communicating Technical Information, Communication, Configuration Management (CM), Conflict Resolution, Coordination, Customer and Market Insights, Customer Relationship Management (CRM), CyberArk, Cybersecurity Analysis, Data Analysis, Data Analysis Interpretation {+ 60 more}

Education:

Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:

94000

to

122000