American Electric Power

Contract Specialist

American Electric Power  •  $98k - $125k/yr  •  United States (Onsite)  •  14 days ago
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Job Description

Job Posting End Date

10-03-2026

Please note the job posting will close on the day before the posting end date.

Job Summary

Are you ready to work in a supportive, fast-moving environment where your work matters? This position serves as a Contract Specialist and management professional and is responsible for complex, high-value, and strategically critical supplier contracts. The role is responsible for developing and executing contracting strategies, leading sophisticated negotiations, managing commercial risk across a portfolio of contracts, and advising leadership on contractual, operational, financial, and regulatory impacts.

The position partners closely with Legal, Supply Chain, Finance, Risk Management, Engineering, Project Management, and executive leadership to optimize supplier performance, protect company interests, and achieve business objectives. In this high-visibility position, you will provide guidance and direction to junior contract professionals and lead cross-functional teams during major contracting initiatives.

Job Description

What You'll Do: ​

  • Develop and execute comprehensive contracting and commercial strategies for major capital projects, enterprise procurement initiatives, and strategically important supplier relationships.
  • Lead complex negotiations involving commercial, legal, operational, regulatory, and financial considerations, securing favorable terms while balancing business objectives and risk tolerance.
  • Serve as the primary commercial advisor to business leadership, project teams, and stakeholders regarding contract interpretation, risk allocation, dispute resolution, claims management, and supplier performance issues.
  • Conduct detailed commercial, financial, and contractual risk assessments and develop mitigation strategies throughout the contract lifecycle.
  • Lead cross-functional teams in the evaluation, negotiation, administration, and closeout of high-value and high-risk contracts.
  • Identify opportunities for cost savings, value creation, process improvement, and contractual optimization across assigned supplier portfolios.
  • Develop and maintain executive-level reporting on contract portfolio performance, supplier risk exposure, claims activity, commercial outcomes, and key performance indicators.
  • Lead formal dispute resolution efforts, including claims analysis, settlement negotiations, mediation support, and coordination with Legal on litigation-related matters.
  • Perform commercial analysis of supplier proposals, pricing structures, cost escalation provisions, market conditions, and total cost of ownership considerations.
  • Establish governance frameworks for strategic supplier relationships, including performance scorecards, business reviews, and continuous improvement initiatives.
  • Evaluate changing regulatory, market, and industry conditions and recommend contract modifications or risk mitigation strategies to protect company interests.
  • Lead negotiations associated with contract amendments, renewals, terminations, transitions, and supplier restructuring events.
  • Manage the commercial impacts of force majeure events, supply disruptions, regulatory changes, and other significant business contingencies.
  • Develop, improve, and standardize contract templates, policies, procedures, negotiation playbooks, and best practices to enhance organizational effectiveness.
  • Mentor and provide technical guidance to Contract Specialists and other team members regarding contract strategy, negotiation techniques, risk management, and contract administration practices.
  • Represent the organization in executive discussions with suppliers, industry partners, regulators, and external stakeholders on contract-related matters.
  • Support strategic sourcing, supplier selection, and procurement activities through commercial leadership, due diligence, and negotiation expertise.
  • Other duties as assigned.

What We're Looking For:

  • Bachelor's degree in related field of study + 6 years of relevant work experience.
  • (or) In lieu of Bachelor’s degree must possess an Associate’s degree in related field of study, and a minimum of 8 years of relevant work experience.
  • (or) In lieu of Associate’s degree must possess a High School Diploma or equivalent, and a minimum of 10 years of relevant work experience.

Preferred Qualifications:

  • Advanced degree such as a Masters in Business Administration, Law degree or global equivalent.
  • Nine (9) years of contract administration, subcontract administration, and procurement experience.
  • Experience developing and negotiating contracts terms and conditions for contracts related to services, construction, engineering, materials and equipment installation.
  • Experience administering the Request for Proposal/Request for Quotation process.
  • Experience in work change, claims evaluation and negotiation.
  • Experience with Contract Lifecycle Management systems.

Other Requirements:

  • Physical demand level is Sedentary
  • Demonstrate significant experience in a moderate range of subject categories relevant to areas of contract responsibility.
  • Apply problem-solving skills and use creativity in problem solving.

Where You'll Work:

  • This is an On-Site role based out of Columbus, OH.

What You'll Get:

  • Annual Bonus
  • 401(k) Match
  • AEP Pension
  • Comprehensive Benefits Package

Where Putting the Customer First Powers Everything We Do!

At AEP, we’re more than just an energy company — we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you.

#LI-Onsite

#AEPCareers

Compensation Data

Compensation Grade:

SP20-007

Compensation Range:

$98,000.00 - $125,000.00

The Physical Demand Level for this job is: S – Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

American Electric Power

About American Electric Power

Our team at American Electric Power is committed to improving our customers' lives with reliable, affordable power. We are investing $54 billion from 2025 through 2029 to enhance service for customers and support the growing energy needs of our communities. Our nearly 16,000 employees operate and maintain the nation's largest electric transmission system with 40,000 line miles, along with more than 225,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 29,000 megawatts of diverse generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.

Industry
Energy & Utilities
Company Size
10,000+ employees
Headquarters
Columbus, OH
Year Founded
Unknown
Website
aep.com
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