Fannie Mae · 1 day ago
Strategic Sourcing and Contracting Lead
Reston, VA
Contract
Onsite
Mid, Senior Level
$94K/yr - $122K/yr
4+ years expFannie Mae is foundational to housing finance, and they are seeking a Strategic Sourcing and Contracting Lead to manage the acquisition of goods and services. This role involves leading sourcing efforts, negotiating contracts, and ensuring procurement needs are met while communicating strategies and results across the organization.
Financial Services
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
Qualification
Required
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
Bachelor's Level Degree (Required)
Preferred
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
Benefits
Health
Life
Voluntary Lifestyle
Other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being
Company
Fannie Mae
Fannie Mae creates opportunities for people to buy, refinance, or rent a home.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Franklin Raines
Retired Chairman and CEO
Priscilla Almodovar
Chief Executive Officer
Recent News
2025-10-07
2025-10-07
WSJ.com: Markets
2025-10-07
Company data provided by crunchbase