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Strategic Sourcing and Contracting Lead

Job in Reston, Fairfax County, Virginia, 22090, USA
Listing for: Fannie Mae
Full Time position
Listed on 2025-12-22
Job specializations:
  • IT/Tech
    Data Analyst, Business Systems/ Tech Analyst
  • Business
    Data Analyst, Business Systems/ Tech Analyst
Salary/Wage Range or Industry Benchmark: 94000 - 122000 USD Yearly USD 94000.00 122000.00 YEAR
Job Description & How to Apply Below

Join to apply for the Strategic Sourcing and Contracting Lead role at Fannie Mae

1 week ago Be among the first 25 applicants

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 home ownership 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 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.
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.
Qualifications

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), Cyber Ark, Cybersecurity Analysis, Data Analysis, Data Analysis Interpretation {+ 60 more}

Education

Bachelor's Level Degree (Required)

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

Seniority level

Mid-Senior level

Employment type

Contract

Job function

Purchasing and Supply Chain

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.

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