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Russell Tobin

Strategic Sourcing Specialist

Russell Tobin, Minneapolis

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This range is provided by Russell Tobin. Your actual pay will be based on your skills and experience talk with your recruiter to learn more.

Base pay range

$40.00/hr - $42.00/hr

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Russell Tobin & Associates is currently seeking a Strategic Sourcing Specialist , 12+ Months Contract role for one of our Fortune 500 clients, for Minneapolis, MN (Hybrid) . Apply today for immediate consideration.

Position: Strategic Sourcing Specialist

Location: Minneapolis, MN (Hybrid)

Contract Duration: 12+ months with potential extension

Pay rate: $40-42.00/hr on w2

Job Summary:

Key Responsibilities:

  • Our Enterprise Procurement Partners team is looking for a strategic sourcing team member to join us.
  • Our team negotiates contracts with various vendors that range from the largest technology and financial services giants to small start-ups.
  • Working with sourcing teams to inventory, forecast upcoming renewals, and negotiate contracts with our vendors (likely sub-$500k contract values)
  • We are looking for someone to manage vendor negotiations to achieve savings while not losing sight of long term, strategic goals. In this role, you will work with leaders throughout as well as outside vendors and consultants.
  • You will review, negotiate, and manage contracts, assist with strategic sourcing (i.e. RFPs, RFQs, RFIs, etc.) and financial planning, and work on project-based initiatives.
  • This role is specifically aimed toward understanding and negotiating contracts that arise out of our combined Operations and our Wealth, Corporate, Commercial, and Institutional Banking business lines.
  • Research existing contract pipeline, identify opportunities to save money or reduce financial risk for the contract owners, and execute on those opportunities as they arise.

Top requirements:

  • Experience reviewing and understanding vendor contracts (5+ years)
  • Experience working with people in business lines at various levels (5+ years)
  • Experience negotiating with vendors (5+ years)

Russell Tobin offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.

Seniority level
  • Seniority level
    Associate
Employment type
  • Employment type
    Contract
Job function
  • Job function
    Administrative
  • Industries
    Banking, Financial Services, and Investment Banking

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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