Strategic Tech Sourcing Lead – Asset Management

Principal International; Iowa (LA); Hybrid; USD 127,000 - 155,000; Full time

Benefits offered by this job

Pension Eligible

Hybrid work schedule

Job summary

Principal Asset Management seeks a Lead Technology Sourcing Consultant to drive strategic supplier partnerships and negotiate complex technology agreements. You will manage spend across hardware, software, SaaS, cloud, and services, partnering with business leaders, legal, and suppliers to maximize value and minimize risk.

The role requires strong negotiation, analytics, and mentoring skills, with a hybrid work model and locations in Des Moines IA or Charlotte NC as described by Principal Asset

Qualifications

• Bachelor's degree or equivalent experience.
• 8+ years of experience in strategic sourcing and vendor management.
• Experience negotiating complex technology contracts, including hardware, software, SaaS, cloud, and technology services agreements.
• Proven ability to redline contracts and negotiate favorable commercial and contractual terms.
• Demonstrated success developing and executing sourcing and negotiation strategies across multiple business areas.
• Strong project management skills with the ability to manage multiple priorities and initiatives simultaneously.
• Strong analytical, financial, and business acumen.
• Excellent communication, relationship‑building, and stakeholder management skills.
• Ability to influence internal and external partners at all levels of an organization.
• Strong problem‑solving skills and ability to make informed decisions using data and facts.
• Experience mentoring or coaching others is a plus.

Responsibilities

• Develop and execute sourcing strategies that align with business priorities and long‑term objectives.
• Build strong relationships with business leaders and serve as the primary sourcing consultant for assigned technology categories.
• Lead negotiations for complex technology agreements, including software, hardware, SaaS, cloud, and professional services contracts.
• Redline contracts and negotiate preferred Principal terms and conditions while balancing business, legal, financial, and operational requirements.
• Identify cost‑saving opportunities and conduct cost‑benefit analyses to support business decisions.
• Lead and manage RFPs, supplier evaluations, selection processes, and supplier onboarding activities.
• Partner with internal stakeholders to define supplier performance expectations, service levels, and contractual obligations.
• Provide strategic guidance throughout the sourcing lifecycle and ensure successful execution of sourcing initiatives.
• Manage multiple sourcing projects simultaneously while maintaining focus on priorities, timelines, and stakeholder expectations.
• Mentor team members and contribute to continuous improvement of sourcing practices and processes.

Skills

Strategic sourcing

Vendor management

Contract negotiations

Redline contracts

Sourcing strategy development

Project management

Analytical & financial acumen

Stakeholder management

Mentoring / coaching

Education

Bachelor's degree or equivalent experience

Job description

Principal Asset Management seeks a Lead Technology Sourcing Consultant to drive strategic supplier partnerships and negotiate complex technology agreements. You will manage spend across hardware, software, SaaS, cloud, and services, partnering with business leaders, legal, and suppliers to maximize value and minimize risk.

The role requires strong negotiation, analytics, and mentoring skills, with a hybrid work model and locations in Des Moines IA or Charlotte NC as described by Principal Asset