Sr Contract Specialist - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of San Francisco

We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and are committed to understanding and serving the vibrant, expansive communities of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a diverse team united in its purpose to promote an economy that works for everyone.

The SF Fed Procurement team is looking for a Sr. Contract Specialist with experience developing sourcing strategies, writing comprehensive scopes of work, drafting unbiased evaluation criteria and conducting contract negotiations. The Sr. Contract Specialist will serve as a business partner for internal business customers throughout the sourcing and contract process.  Reporting to the Assistant Procurement Manager within Contracts Administration, this position will support business initiatives and strategic projects by optimizing contract opportunities while aligning with internal policies.

What you’ll do:

• Assist in the issuance of Requests for Proposal/Quote/Information (“RFx”) events, including the preparation of statements of work and review of contract terms submitted by suppliers to ensure the agreements adhere to SF Fed policy and legal requirements.

• Negotiate, review, and execute service contracts.

• Develop relationships with internal business customers to understand their project plans and drive contracting strategies.

• Foster and support the Bank’s diversity program through inclusion of diverse suppliers in all procurement opportunities.

• Work collaboratively with members of the Procurement team to provide internal customers with an efficient approach to contracting with suppliers for goods and services.

• Participate on System-level projects and workgroups.

• Train, advise and assist business customers on procurement policies and procedures.

• Demonstrate the ability to work well with colleagues, customers, and external organizations.

• Act as an Ariba subject matter expert and look for opportunities to improve business processes.

• Work on ad hoc projects.

Required Experience + Traits:

• Bachelor’s degree

• 5+ years of relevant work experience

• Demonstrates experience in developing relationships and networks with internal and external stakeholders to achieve a common goal.

• Ability to foster a sense of collaboration and accountability while leading sourcing efforts.

• Strong problem solving and written communication skills, with attention to detail.

• Advanced communication skills to communicate information clearly and effectively to internal customers, external stakeholders, and all levels of management.

• Innovative thinking that leads to improvement in processes and sourcing practices.

• Self-starter with strong organizational skills, demonstrated ability to work independently, perform under pressure, and manage multiple priorities in a customer focused manner.

• Ability to maintain effectiveness while actively adapting to new circumstances; identify potential obstacles to change as well as solutions for overcoming those obstacles; work creatively within standard procedures to meet the objectives of the organization.

• Strong computer skills and proficiency in the MS Office suite of applications.  including Outlook, Word, Excel, and PowerPoint.

Desired:

• Experience with SAP Ariba, Workday, and source-to-pay procurement solutions.

Base Salary Range: Min: $87,100.00 - Mid: $113,100.00 - Max: $139,200.00 (Location: San Francisco)

Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and alignment with market data.

Benefits: 

We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pre-Tax Day Care Flexible Spending Account, Paid Family Care Leave, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and Retirement/Pension. 

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. The SF Fed is an Equal Opportunity Employer. 

#LI-Hybrid

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Procurement/Vendor Management

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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