Procurement Specialist

AEP Service Corporation; United States; On-site; USD 99,000 - 129,000; Full time

Job summary

American Electric Power (AEP) seeks an experienced sourcing and contract specialist to lead major, high‑dollar contracting events autonomously. You will serve as the subject matter expert for assigned categories and advise Category Managers and Procurement Professionals on contract development.

You will draft and modify contracts with Legal and other partners, apply pricing and total cost of ownership models, and collaborate with SCPFO leadership to meet procurement goals and drive efficiency.

Qualifications

• Bachelor’s degree in business, accounting, finance, supply chain, or related field, or 4 years of relevant experience.
• 4 years of relevant work experience in contract management, paralegal work, or supply chain.
• Deep understanding of contract design and structure, including terms, language, templates, performance criteria, and other components.
• Excellent analytical, problem-solving, and time management skills.
• Excellent communication skills with business partners, stakeholders, and suppliers.
• Ability to be persuasive and build credibility.

Responsibilities

• Writes the summary and details for complex/non-standard contracts, including pricing, performance criteria, service levels, warranties, terms and conditions, and any risk mitigations.
• Writes modifications to existing complex/non-standard contracts, coordinating with Legal as necessary.
• Provides advisory support for contract development and negotiations to category managers and procurement professionals, as needed.
• Applies pricing models, cost containment models, pricing caps, total cost-of-ownership models, and indices during contract development.
• Supports category managers to refine sourcing strategies for complex spend.
• Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
• Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction.

Skills

Analytical skills

Communication skills

Persuasive ability

Time management

Education

Bachelor's degree in business, accounting, finance, supply chain, or related field

4 years of relevant work experience

Job description

Job Posting End Date 10-11-2026 Please note the job posting will close on the day before the posting end date.

Job Summary

Works autonomously in leading major, high-dollar, complex sourcing or contract development events. Serves as the subject matter expert for assigned categories of large or complex spend, custom requirements, or that support emerging or evolving programs or needs across or within the business units. Serves as a consultant to Category Managers, business units and Procurement Professionals in assigned categories on sourcing or contract development and formation. Writes the business deal and works with representatives of AEP legal, risk, safety, and other areas to secure AEP business interests. Individual shall have the skills to effectively engage business unit leadership and Supply Chain Procurement and Fleet Operations (SCPFO) leadership to accomplish procurement goals.

What You’ll Do:

• Writes the summary and details for complex/non-standard contracts, including pricing, performance criteria, service levels, warranties, terms and conditions, and any risk mitigations.
• Writes modifications to existing complex/non-standard contracts, coordinating with Legal as necessary.
• Provides advisory support for contract development and negotiations to category managers and procurement professionals, as needed.
• Applies pricing models, cost containment models, pricing caps, total cost-of-ownership models, and indices during contract development.
• Supports category managers to refine sourcing strategies for complex spend.
• Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
• Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction.

What We’re Looking For:

• Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field is required; OR 4 years of relevant work experience.
• Experience: In addition to any experience required above, 4 years of relevant work experience in contract management, paralegal work, or supply chain experience is required. Experience in the utility, manufacturing, or construction industry preferred.
• Deep understanding of contract design and structure, including terms, language, templates, performance criteria, and other components.
• Excellent analytical, problem‑solving, and time management skills desired.
• Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers.
• Ability to be persuasive and build credibility desired.

What You’ll Get:

• In addition to competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well‑well…
• Where Putting The Customer First, Powers Everything We Do.
• At AEP, we’re more than just an energy company- we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions.
• Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities.
• If you’re passionate about making a meaningful impact and being part of a forward‑thinking organization, this is the company for you!

Compensation Data

• Compensation Grade: SP20-008
• Compensation Range: $98,993.00 - $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.

Equal Employment Opportunity

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.

Company Vision

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.