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American Electric Power is seeking a contract professional to negotiate and draft agreements with outside vendors. The role focuses on strategy, cost-of-ownership modeling, and complex negotiations to protect corporate interests.
The position requires close collaboration with Legal and business units. The role involves leading negotiations, drafting modifications, and developing multiple price models and indices to optimize spend.
Job Summary Please note: This position is posted in a range, and an offer will be made based on the candidate's qualifications.
Responsible for negotiating and writing contracts for services with outside vendors working in conjunction with business unit personnel. Develop negotiating strategy including developing cost of ownership models, develop multiple price models, cost containment models, and pricing caps and indices. Write modifications to existing agreements and work with the Legal department as necessary to protect the interest of AEP. Demonstrates ability to work beyond routine assignments by solving transactions/problems of moderate complexity. Seeks out new opportunities and areas of learning which increase value to organization. Understand each party’s interests in a negotiation and offer solutions to requested changes that meet those interests. Apply issue recognition and understand how issue recognition fits into the negotiation process.
In addition to competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well‑being of our employees. The power of AEP comes from our valued team of unique employees...the best in the business! We're proud to be one of the largest electric energy companies in the U.S., powering over 5 million homes and businesses, spanning across 11 states. We’re passionate about making an innovative difference in the communities we serve. We’re powering the future – today! #AEPCareers #LI-ONSITE #AEPIM
Compensation Data Compensation Grade: SP20-008 Compensation Range: $63,496.00 - $128,688.00
The Physical Demand Level for this job is: S – Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.
At American Electric Power, we provide more than electricity to our millions of customers - we energize possibilities. We're redefining the future of energy by reducing our carbon footprint, empowering the communities we serve and building an engaged, talented workforce. All while delivering the reliable service our customers expect. It’s an exciting time in the energy industry. Are you ready to be part of it? We’re looking for team members to help create the grid of the future. Learn more about our commitment to creating a supportive, inclusive work culture that values different experiences.