Contract Specialist

Randstad is seeking a Procurement professional to support the deal life cycle for its Banking and Investments Category. This Procurement & Sourcing Operations Analyst, Specialist is responsible for overseeing the end-to-end procurement process, including contract and price negotiation and support of strategic sourcing engagements. This role partners with cross-functional stakeholders to lead competitive sourcing events, negotiate contracts, and drive supplier selection and contracting decisions aligned to business objectives.

This role will serve as a trusted advisor by leveraging market insights, data analytics, and supplier expertise to optimize procurement outcomes and supporting effective supplier and stakeholder engagements. In addition, this role serves as a key operational partner to the customer’s team by providing administrative and tactical support across procurement activities, including issue resolution, purchasing support, reporting, data management, and process execution.

Core Responsibilities

• Owns pipeline of low and medium complexity sourcing engagements under
• $250k for an assigned category.
• Will be assigned engagements over $250K based on demand and development.
• Supports Category Leads on high complexity engagements and assists with data analytic insights, report generation, and purchase order creation.
• Supports contract lifecycle activities, including contract drafting, redlining, and execution of renewals, amendments, or new projects.
• Collaborates with internal stakeholders (business teams, finance, IT, legal, risk) to translate requirements into sourcing strategies and aligned outcomes.
• Provides operational and administrative support across the procurement team, helping to resolve procurement-related inquiries, process exceptions, and open internal issues.
• Generate, analyze, and distribute recurring weekly, monthly, and ad hoc reports to support sourcing activity, contract management, supplier oversight, and leadership decision-making.
• Continually examines ways to raise standards and improve process and procedures while improving the overall performance of the customers supply chain division.
• Ensure sourcing and contracting activities comply with internal procurement policies, governance standards, and risk management requirements
• Participates in special projects and performs other duties as assigned

Qualifications

• 2 years or more of experience in strategic sourcing, supplier management, procurement, contract management, or a related business function.
• Undergraduate degree or equivalent combination of training and experience.
• Experience supporting competitive sourcing events (RFI, RFP, RFQ) and supplier evaluations.
• Experience reviewing, negotiating, or administering supplier contracts and commercial terms.
• Strong analytical and problem-solving skills with the ability to evaluate supplier proposals, pricing models, and business requirements.
• Effective verbal and written communication skills with the ability to influence and collaborate across multiple stakeholder groups.
• Demonstrated ability to build relationships, communicate effectively with stakeholders at multiple levels of the organization, and navigate cross-functional decision-making processes.
• Strong organizational skills with the ability to manage multiple priorities and deadlines simultaneously.
• Experience supporting operational business processes, reporting, data management, or administrative activities within procurement, finance, supply chain, or a related field.
• Demonstrated attention to detail and ability to manage high-volume transactional work while maintaining accuracy and compliance.
• Intermediate Excel skills, including data analysis, reporting, reconciliation, and data management activities, preferred.