Strategic Sourcing Manager: Lead Complex Negotiations

Edward Jones; St. Louis (MO); On-site; USD 110,000 - 160,000; Full time

Job summary

Edward Jones in the United States is seeking a Sourcing Manager to negotiate supplier contracts for medium-to-high value sourcing initiatives and partner with business units to support strategic goals. The role emphasizes cost savings, risk mitigation, and strong cross-functional relationships across divisions.

You will lead RFx processes, mentor Buyers and Sourcing Specialists, and ensure data accuracy in contract systems while driving collaboration with legal and business owners.

Qualifications

• Bachelor's degree required; Master's degree in Business, Law, Information Systems, or Supply Chain Management preferred.
• Minimum of 8 years related work experience, preferably involving negotiation and contracts.
• Understanding of supply chain management concepts and procedures.
• Knowledge of legal, contracting, third party risk environments.
• Ability to communicate complex cost models, risk, and business concepts at executive levels.
• Strong people and project management skills; ability to influence without authority.
• Demonstrated ability to collaborate across divisions and communicate upward effectively.

Responsibilities

• Contribute to the department goal of $100M in Savings/Cost Avoidance.
• Lead multiple, concurrent sourcing initiatives including strategy, supplier selection, market intelligence, and contract execution.
• Lead the negotiation of complex commercial and contractual terms with executives and legal representatives.
• Direct Senior Leaders towards the best purchasing decision by balancing solution cost with business requirements.
• Support the talent development of the Sourcing team by mentoring Buyers and Sourcing Specialists while sharing knowledge, experience, and leading practices across Divisions
• Execute on defined objectives aligned to Sourcing Strategies through the development and distribution of RFx's (RFI, RFQ, RFP), vendor communication, development of vendor selection criteria, and collaboration with cross-functional teams including business owners and legal.
• Maintain accurate records and data within the contract management system and other related sourcing tools
• Use procurement tools and systems to create operational efficiency and visibility across the enterprise
• Identify and pursue ad hoc opportunities to reduce product/service costs and support the implementation of operational improvement initiatives
• Assess pricing using analytics and benchmarking to ensure competitive outcomes.
• Develop strong relationships with business partners to ensure early visibility into upcoming sourcing needs.
• Champion process improvements and provide feedback on impact.

Skills

Negotiation

Contracts

Communication with executives

Project management

Education

Bachelor's degree

Master's degree (preferred)

Tools

Contract management systems

Job description

Edward Jones in the United States is seeking a Sourcing Manager to negotiate supplier contracts for medium-to-high value sourcing initiatives and partner with business units to support strategic goals. The role emphasizes cost savings, risk mitigation, and strong cross-functional relationships across divisions.

You will lead RFx processes, mentor Buyers and Sourcing Specialists, and ensure data accuracy in contract systems while driving collaboration with legal and business owners.