Contracts Specialist | Onsite in Texas/McLean, VA

Senior Sourcing & Contracts Specialist

Must Haves: 5+ Data Services, experience negotiating with Credit Reporting Agencies, Credit Reporting Companies and Financial Market Data Firms, Financial industry experience. These are all must haves with no exceptions.

Our Enterprise Supply Chain team is looking for a Senior Sourcing & Contracts Specialist to report to the Sr. Category Manager. This position is accountable for the end to end sourcing and contracting process related to all suppliers providing goods and/or services within our Data Services Category.

Our Impact:

• 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.

Your Impact:

• The Senior Sourcing & Contracts Specialist will engage with the Category Manager and the business partners to complete the category strategy by handling the sourcing and contracting specific to category suppliers.
• Your responsibilities will involve all aspects of running sourcing events (RFX’s) including handling supplier RFx development, leading supplier meetings and providing subject matter expertise during the sourcing process, analysis and recommendation of supplier proposals, and negotiating, structuring, and management of contractual documents that establish business relationships with suppliers for our Data Services categories.
• In addition, you will be encouraged to negotiate and implement new contracts not resulting from a sourcing event as well as statements of work and/or amendments to existing agreements.
• You will also ensure integration of and compliance with vendor risk, diversity, and management requirements throughout the sourcing process. Your role will identify and drive cost efficiency to meet all savings targets.

Qualifications:

• 5 - 7+ years proven experience working in Purchasing, commercial Contract Negotiation and Supplier Management environments
• Minimum of 5 years in Data Services procurement (including Credit Rating Agencies, Credit Reporting Companies, and Financial Market Data)
• Outstanding negotiation, analytical, decision making, and customer relationship skills
• Experience in developing and running sourcing events from development to contract execution
• 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
• Broad-based experience in supply chain, procurement, contracts, project management
• Highly effective written and oral communications as well as interpersonal skills
• Knowledge and expertise of purchasing systems, category management, and strategic sourcing methodologies
• Candidate must have experience negotiating with Credit Reporting Agencies, Credit Reporting Companies and Financial Market Data Firms

Required Skills: Contract Administration This is a high PRIORITY requisition.