Senior Contract Specialist

Senior Contract Specialist

Irvine, CA (Hybrid)

12-month contract

Job ID 2024-9843

Solugenix is assisting a client, a prestigious and large investment management company in their search for a Senior Contract Specialist. This is a 12-month contract opportunity based out of Irvine, CA (Hybrid).

The Senior Contract Specialist provides support to the Procurement department, which provides services for the client on an enterprise level. The department works closely with internal customers and colleagues to understand business requirements for goods and services and to fulfill those needs in all areas of indirect spend; this includes information technology, professional services, facilities, equipment, and supplies. The Procurement Specialist will focus on the administration, management, and negotiation of complex and/or high dollar acquisitions in these areas.

Qualifications:

• Requires a minimum of 5-6 years of advanced contracting/sourcing experience with mastery of strategic and tactical procurement principles, practices, and models.
• Bachelor’s degree and CPSM certification is preferred but not required.
• Experience in other disciplines is preferred but not required (e.g., Finance, Sales, Operations, etc.).
• For roles focused on information technology, broad knowledge of the technology industry, technologies, original equipment manufacturer (OEM), and channel relationships is preferred.
• Strong written and verbal communication skills; strong presentation skills to all audience levels, including the ability to effectively conduct complex project/program meetings and influence others.

Responsibilities:

• Follows the established procurement protocol to serve each area’s needs. 
• Strategizes, plans, and executes the commercial aspects of that process which includes the RFX process, vendor negotiations, and contracting.
• Participates with the business area in overall vendor strategy including spend analysis, vendor and product/service research, benchmarking, vendor viability, and risk mitigation.
• Develops, scopes, constructs, issues, and coordinates requests for Information, Quotation, and Proposal, based on the business requirements.
• Evaluates and manages RFX vendor responses and provides analysis and recommendations to the business area.
• Conducts bidders’ conferences, vendor site visits, and reference checks.
• Develops negotiation strategies and leads buy teams through the negotiation of complex contract provisions and total cost of ownership.
• Coordinates with Legal, Insurance, and Risk departments in contract development.
• Awards and administers contracts; issues purchase orders, statements of work (SOWs), and amendments.
• Supports business areas in managing overall vendor performance.
• Ability to work effectively with customers, colleagues (e.g., IT, Legal, Risk, etc.), and Suppliers to deliver consistently excellent results and value for stakeholders.
• Ability to manage ambiguity and change while working in a highly collaborative and fast-paced environment.  

Pay Range for CA, CO, IL, NJ, NY, WA, and DC: $68.97/hour to $68.97/hour. Starting rate of pay offered may vary depending on factors including but not limited to, position offered, location, education, training and/or experience.

About the Client

Our client is an American financial services company. It ranks among the world’s oldest and largest investment management organizations. They have offices globally.

About Solugenix
Solugenix is an information technology services company known for its deep experience and knowledge in providing comprehensive technology services, solutions, and talent support for companies around the world. The company offers a variety of cutting edge and talent support solutions to promote growth and cutting-edge advancement to our esteemed clients and candidates.  We provide these talent support solutions on a contract, contract-to-hire, and direct hire basis. We also have additional resources from our staffing partners to ensure the right match and expertise for the best result.

For over 50 years, global and local brands have trusted Solugenix as an added resource and partner in taking steps to ensure their immediate and future success. In addition to generating ground-breaking, industry-defining solutions, Solugenix has been delivering the talent and support needed to make it happen.  We are dedicated to partnering with clients and candidates whose core values also foster a culture of professionalism, teamwork, and integrity.