Job Description

As a valued colleague on our Procurement Professional Services Sourcing and Contracting team, you will perform commonly used contracting methods on professional service contract types related to pre-award negotiations and risk assessments and contract award and execution. In this role, you will use Fannie Mae’s contract workflow and approval processes and follow established guidelines.

This role will focus on the Professional Services category which includes IT delivery, advisory consulting services, and a small amount of outsourced production support that supports the company’s key initiatives and operations. 

THE IMPACT YOU WILL MAKE The Procurement Contract Specialist 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:

• Negotiate and execute contracts, which will include high-volume peak periods such as year-end. Work will focus on time and expense and fixed-price statements of work (SOWs) or similar contracts.
• Manage the contracting process in a high-volume environment while communicating between business unit stakeholders and suppliers.
• Negotiate agreement terms with selected suppliers.
• Work with key stakeholders (Legal, business unit, 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.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM MINIMUM REQUIRED EXPERIENCES

• 2 years related experience.
• Must have high volume contracting experience for professional services in a commercial procurement environment.
• Knowledge of applicable laws and regulations related to sourcing and contracting in a commercial procurement environment.
• Knowledge of supply chain management.
• Ability to analyze financial reports, price proposals and other technical data.
• Ability to accurately document and record customer information.
• Excellent verbal and written communication skills.
• Strong attention to detail, negotiation and interpersonal skills.
• Skilled in Excel and SharePoint.

DESIRED EXPERIENCES

• Bachelor’s degree or equivalent.
• 5 or more years of related experience preferred.
• Experience using SAP Fieldglass.
• Experience using ProcureOne.

Additional Information

REF11394N - Supply Base Management – Sourcing and Contracting – Senior Associate The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com. Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.

The hiring range for this role is set forth above. 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.