Title: Procurement Specialist

Client: Northern Trust Corporation

Location: ONSITE 3 days/week in Chicago, IL 60604

Pay: $75/hour

Schedule: 8:30am - 5pm CST

Duration: 6 month contract with potential to convert perm

Project Overview:

Responsible for leading and managing critical global strategic sourcing and procurement projects within the IT Software spend category (>$500M annual spend).

Qualifications:

• 8+ years of Procurement experience
• Strong software contract experience
• Strong negotiation skills and experience with large size contracts
• Strong stakeholder experience; relationship building internally with the business and working closely with business partners

Responsibilities:

• Leads strategic sourcing events including collecting, analyzing, and presenting data and recommendations to various levels of management across the organization on opportunities, risks, and where to prioritize software investments.
• Responsible for contract & price negotiations across the Infrastructure Software Space
• Thought leader with experience leading large procurement projects
• Responsible for Category Management including but not limited to category spend analytics, multi-year strategic sourcing roadmaps, acquiring and educating the enterprise on markets, suppliers, and trends.
• Working collaboratively with suppliers to enhance value and innovation.
• Influences and drives improvements of global policies, programs and processes.
• Leads and manages RFx (e.g. Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process.
• Responsible for contract review, drafting and creation of various agreements, including NDAs, Master Agreements (SaaS, Software License Agreements, etc.), Service Level Agreements, Statements of Work, etc. leading and facilitating all aspects of contract negotiations across multiple Risk Control Functions (e.g. Legal, Privacy, Risk) and ongoing contract administration.
• Supports and monitors supplier adherence to contracts, manage suppliers via supplier activity reporting and business/performance reviews, support and conduct supplier scorecards, supplier rationalization and demand management opportunities.
• Manages and supports regulatory and compliance requirements (e.g. OFAC, FCPA, Spend Analysis, Client Relationships).
• Supports and helps present Procurement performance metrics and projects to senior management.
• Management of supplier fitness, including analyzing overall business and financial performance of potential and existing suppliers.
• Establish and maintain relationship with key partners, education on policy/guidelines and resolving related purchasing issues.