Skip navigation
Unable to save this job. Please try again later.


Email this Job to Yourself or a Friend

To begin the application process, please enter your email address.

Company Contact Info

  • 270 East Kilbourn Avenue
    Milwaukee, WI 53202

Already have an account?

Sign in to apply with your saved resumes.

New to CareerBuilder?

Don't have an account? Continue as a guest!

Sorry, we cannot save or unsave this job right now.

Report this Job

Trust and Site Security Team.

Don't miss out on new jobs!

Get the latest Business Analyst (Business and Financial Operations) jobs in Milwaukee, WI delivered directly to your inbox. You can unsubscribe at any time.

Saving Your Job Alert

Job Alert Saved!

Could not save Job Alert!

You have too many Job Alerts!

This email address has reached the maximum of 5 email alerts. To create a new alert, you will need to log into your email and unsubscribe from at least one.

Sign Up

or   Sign In Here
Password Must Contain
8 to 15 characters
1 uppercase letter
1 number or symbol
1 lowercase letter
Create an Account with CareerBuilder to save jobs & unlock these great features
See similar job titles and skills to help you make your next move
Upload a resume and become visible to Hiring Managers and Employers
Compare Salary Information to see where you stand amongst your peers
Easily Quick Apply to jobs with just one click!

Email Send Failed!

Sr. Sourcing Vendor Management Analyst

MGIC • Milwaukee, WI

Posted 16 days ago

Job Snapshot

Experience - At least 7 year(s)
Degree - 4 Year Degree
Banking - Financial Services, Real Estate - Property Mgt, Computer Software
Distribution - Shipping, Supply Chain, Management


How Do You Compare to the Competition?

Get facts about other applicants with a CareerBuilder Account

Job Description

Why work at MGIC?

Are you someone who wants to play a critical role in our company’s success? Do you enjoy solving puzzles and finding a better way to get things done? Are you someone who likes to Take The Lead and make an impact? If so, then imagine yourself at MGIC. At MGIC we are a team of dedicated professionals on a fearless mission. A team that fosters a culture of career development and continuous learning opportunities to help you rise to new heights. We are passionate about providing outstanding customer service and making a difference in our community. #WeAreMGIC

How will you make an impact?

As a member of the Sourcing Vendor Management team, you will act as an IT sourcing subject matter expert using the 7 Step Sourcing Methodology for the planning, due diligence, contract negotiations, and governance process for indirect and direct spend. Responsibilities include establishing and maintaining collaborative and positive working relationships with business owners and senior management, as well as with various internal and external partners such as Legal, Finance, IRM, Compliance, Audit, Information Services and Risk. In addition, you can expect to:

•Evaluate and negotiate new and contract renewals that represent business requirements with a focus to drive optimal Total Cost of Ownership (TCO). Negotiate contracts for adherence to corporate contracting standards and policies and escalate contract terms that impact the business owner/vendor risk profile for discussion and approval as appropriate.

•Must be able to involve stakeholders in negotiation strategy and preparation. Initiating, reviewing and negotiating contracts (NDAs/MSAs/SOWs/EULAs). You will work on end-to-end strategic sourcing events that have moderate to high complexity.

•Draft and manage contracts through collaboration with our Legal Department (e.g., master agreement, statement of work, amendment, pricing schedule, service level agreement, etc.)

•Maintain awareness of changing market conditions, as well as strategic business directions and senior management directives that create opportunities for cost savings/avoidance and efficiency. Perform benchmarking, spend analysis and other research to enhance results of sourcing events.

•Support IT initiatives by understanding all processes and stakeholders within the IT Organization. Solid understanding of IT contract terms, SOW’s SLA’s, KPI’s. Able to incorporate appropriate vendor performance measurements to advise business unit and IT representatives as to the validity and appropriate required content to support and manage third-party vendors.

•Draft RFP Requirements and other documents, facilitate sessions with vendors, review bids, conduct vendor analysis, and build vendor evaluation/selection criteria in collaboration with the business and other stakeholders

Do you have what it takes?

•Must have a solid understanding of IS legal contracts and their application to the sourcing vendor management process, as well as strong negotiation skills. The position requires the ability to interact effectively and build relationships with MGIC senior management.
•Strong interpersonal skills, writing skills and customer service orientation required
•Project planning, negotiating, organizing, documenting and problem-solving skills required.
•Requires ability to take quick, decisive action in unique and complex situations to meet corporate business objectives and business requirements.
•Knowledge of business and legal implications of proposed sourcing solutions required
•Must have ability to perform equally well in a team environment or individually
•Completion of a Bachelor’s Degree. Additional experience (2 years) beyond the minimum (below) may be substituted for education beyond an Associate’s Degree.
•More than 7 years of recent experience with at least 5 years of sourcing and contract administration experience in the areas of software, hardware, SAAS and IT consulting services

Enjoy these benefits from day one:
•Competitive Salary & pay-for-performance bonus
•Financial Benefits (401k with company match, pension plan, profit sharing, HSA, wellness rewards program)
•On-site Fitness Center and classes (corporate office)
•Paid-time off and paid company holidays
•Business casual dress

Who we are:

We are a private mortgage insurer with $194.9 billion primary insurance in force covering approximately one million mortgages (as of December 31, 2017). MGIC provides a critical component of our country’s residential mortgage finance system, protecting mortgage investors from credit losses. Mortgage insurance from MGIC also benefits consumers by making affordable low-down-payment mortgages a reality. Bottom line…We put people into homes sooner! #WeAreMGIC

Our headquarters are located in downtown Milwaukee, a place that offers something for everyone with its big-city attractions and small-town atmosphere. MGIC is an eight-time recipient of the Milwaukee Journal Sentinel Top Work Places award. This is an award based on the opinion of our company's greatest asset, our talented and dedicated workforce! We are committed to being an active and positive member of the local Milwaukee community. Along with our co-workers, we support many local initiatives including:

•United Way
•United Performing Arts Fund
•Habitat for Humanity
•Junior Achievement
•Public Television Channel 10/36 Auction

We are proud to be an Equal Opportunity Employer. We maintain a drug-free workplace and perform pre-employment background and substance abuse testing.

For additional information about MGIC and to apply, please visit our website at

Job ID: 10332
Help us improve CareerBuilder by providing feedback about this job: Report this Job.
For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.
By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.
Don't miss out on new jobs like this
Get the latest jobs delivered to your inbox. Unsubscribe at any time.

Saving Your Job Alert

Job Alert Created

Well, this is embarrassing. We are having trouble saving your search. You can try again or come back at a later time.

Maximum Email Alerts

This email address has reached the maximum of 5 email alerts. To create a new alert, you will need to log into your email and unsubscribe from at least one.