Sourcing and Contract Manager

Key Responsibilities

• Lead the end-to-end sourcing and procurement process, including RFx activities, supplier evaluation and selection, and purchasing/negotiation strategy execution.
• Develop, review, negotiate, and manage supplier contracts, master level agreements, statements of work, service agreements, amendments, renewals, and terminations in accordance with company policies and procedures.
• Partner with business stakeholders and cross-functional teams to identify requirements, provide procurement guidance, and deliver cost-effective solutions that balance business needs and organizational objectives.
• Assess and mitigate supplier-related risks by collaborating with due diligence partners such as Legal & Compliance, Information Security, Third-Party Risk Management, and other key partners to ensure regulatory and policy compliance.
• Drive supplier performance, cost savings, and process improvements by utilizing market intelligence, supplier competition, analyzing data and trends, and recommending strategic sourcing opportunities.

Skills And Background

• You’ll Need
• Education: High School Diploma required. Bachelor’s degree in business or related field is preferred.
• Experience: 3-5 years of experience in contract negotiations/management, sourcing, procurement, and/or supply management. In depth knowledge of Procurement and contract negotiation strategy, processes, systems/tools and procurement/supplier management best practices. Proven negotiation, contracting and project management skills with the ability to lead and prioritize activities. Experience in negotiation of assets, outsourced service, hardware and software/Cloud, and professional services contracts. Experience supporting technology, professional services, and outsourced service agreements.
• Skills: Proficient in the use of MS SharePoint, Excel, Word and PowerPoint, and at workload and time management. Proficient skillset in analyzing cost data, research market trends, identify best practices, and manage supporting contract development activities.
• Preferred
• Professional licensure or certification: CPSM, C.P.M., CPIM, or CSCP or equivalent certification is strongly preferred.

Key Behaviors of a Successful Candidate

• Driving Success: Acts with urgency, pursues ambitious goals and shows resilience in the face of obstacles and setbacks.
• Adaptability: Sees possibilities in changing circumstances, accepts and understands change and alters behavior as necessary.
• Improvement Mindset: Continually seeks new ways to create business/ customer value by identifying and implementing opportunities for improved efficiency, effectiveness and innovation.
• Customer Focus: Understands and anticipates both internal and external customer needs and develops customer-inspired solutions that exceed expectations.
• Winning Together: Actively engages colleagues to achieve shared outcomes by developing trust, inviting diverse perspectives and pushing to bring the best ideas forward.

Why Join The Standard?

• A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions.
• An annual incentive bonus plan.
• A generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure.
• A supportive, responsive management approach and opportunities for career growth and advancement.
• Paid parental leave and adoption/surrogacy assistance.
• An employee giving program that double matches your donations to eligible nonprofits and schools.