May also include working with the business areas in developing overall vendor strategy including spend analysis, vendor and product/service research, benchmarking, vendor viability and risk mitigation.\t. Ability to work effectively with customers, colleagues (e.g. Investment Operations, IT, Legal, Risk, etc.) and Suppliers to deliver consistently excellent results and value for stakeholders.\t. Ability to manage ambiguity and change while working in a highly collaborative and fast-paced env... more details
The Senior Contract Specialist provides support to the Strategic Sourcing department, which provides services to the Investment Operations and Investment Group business areas within company on an enterprise level. The department collaborates closely with internal customers and colleagues to understand business requirements for goods and services and to fulfill those needs; this primarily includes information technology and professional services. The Senior
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Partners with the business to determine objectives of negotiation (e.g., additional services, optimal value, favorable contract terms, etc.).
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Develops, scopes, constructs, issues, and coordinates requests for Information, Quotation, and Proposal, based on the business requirements.
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Develops negotiation strategies and leads negotiations of complex contract provisions.
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Partners closely with the business and other subject matter advisors to ensure that the best interests of the company are represented in negotiations.
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Evaluates and manages RFX vendor responses and provides analysis and recommendations to the business area.
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Coordinates with Legal, Insurance, and Risk departments to develop complex Statements of Work (SOW) or contracts for sourcing engagements or projects.
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Ensures the terms and conditions in the contract meet the business requirements; helps Business Partners understand contractual implications.
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Responsibilities may also include working with the business areas in developing overall vendor strategy including spend analysis, vendor and product/service research, benchmarking, vendor viability and risk mitigation.
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Ability to work effectively with customers, colleagues (e.g. Investment Operations, IT, Legal, Risk, etc.) and Suppliers to deliver consistently excellent results and value for stakeholders.
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Ability to manage ambiguity and change while working in a highly collaborative and fast-paced environment. \t \t \t
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