What are the responsibilities and job description for the Sourcing Specialist - Contracts position at Edward Jones?
This job posting is anticipated to remain open for 30 days, from 20-Feb-2026. The posting may close early due to the volume of applicants.
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Overview:
The Sourcing Specialist is responsible for negotiating vendor contracts on behalf of business units, focusing on low‑to‑medium value and moderately complex sourcing initiatives. This includes negotiating pricing and key contractual terms such as indemnification, limitation of liability, and confidentiality. The role partners closely with business units to understand project needs, support vendor‑related initiatives, and assess impacts across the firm.
The Specialist must demonstrate emerging systems thinking and analytical skills to identify and implement cost savings, cost avoidance, and risk mitigation opportunities. Success requires strong relationship‑building, clear communication, and effective management of multiple sourcing initiatives.
What you'll do:
The Sourcing Specialist is responsible for negotiating vendor contracts on behalf of business units, focusing on low‑to‑medium value and moderately complex sourcing initiatives. This includes negotiating pricing and key contractual terms such as indemnification, limitation of liability, and confidentiality. The role partners closely with business units to understand project needs, support vendor‑related initiatives, and assess impacts across the firm.
The Specialist must demonstrate emerging systems thinking and analytical skills to identify and implement cost savings, cost avoidance, and risk mitigation opportunities. Success requires strong relationship‑building, clear communication, and effective management of multiple sourcing initiatives.
What you'll do:
- Lead multiple, concurrent sourcing initiatives in a cross-functional team environment that will include strategy, vendor selection, market intelligence, vendor and product viability and contract execution.
- Negotiate commercial and contractual terms with vendor executives and internal Legal partners.
- Guide senior leaders toward optimal purchasing decisions by balancing business requirements and cost.
- 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
- Demonstrate continuous learning and growth in sourcing skills
What you'll need:
- Bachelor's degree required.
- Requires a minimum of 4 years related work experience, preferably involving negotiation and contracts
- Understanding of Supply Chain management concepts and procedures
- Understanding of legal and contracting environments
- Understanding of operating environments of areas such as Finance, HR, Marketing, Information Systems.
- Ability to identify and avoid potential conflict of interest to ensure ethical business standards and practices are followed.
- Ability to communicate cost models, risk, and business concepts at the executive levels throughout the firm and with any given vendor
- People and project management / organizational development skills required
- Demonstrated ability to influence without authority and communicate upward and across divisions are required.
**Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week effective June 1, 2026. Before June 1, 2026, candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday.**
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.