American Electric Power

Strategic Sourcing Analyst Prin - Grants and Loans Compliance

American Electric Power$98K — $128K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Purchasing, or related field, or Associate's degree with two years of procurement experience.
  • Minimum of five years related experience in strategic sourcing and procurement activities.
  • Strong understanding of federal and state funding compliance requirements.
  • Ability to develop governance frameworks and compliance standards.
  • Excellent problem-solving skills and creativity in addressing sourcing issues.

Responsibilities

  • Lead Procurement compliance strategy for grants and loans.
  • Act as a subject matter expert on BABA, CPA, and other procurement regulations.
  • Develop and review governance frameworks for compliance.
  • Collaborate with various departments to integrate funding requirements into processes.
  • Monitor compliance risks across project portfolios.
  • Conduct procurement readiness assessments and audits.
  • Prepare leadership reporting and compliance training initiatives.

Benefits

  • Discretionary annual incentive.
  • 401(k) plan with company match.
  • Pension plan.
  • Comprehensive health insurance.
  • Educational assistance for further personal development.
Full Job Description
Job Posting End Date
09-06-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

Serve as Procurement's enterprise lead for Grants & Loans compliance activities associated with federally and state funded projects. Works independently in identifying and resolving moderately complex/complex sourcing opportunities and issues. Writes deal summaries and deal details for moderately complex agreements. Applies issue recognition and understands how issue recognition fits into the negotiation process. Applies problem-solving skills and uses creativity in problem solving. Develops, reviews and prepares agreements clearly, concisely, and effectively. Networks with peers inside and outside the AEP System and identifies key stakeholders.

Job Description

What You'll Do:
  • Lead Procurement compliance strategy for grants and loan-funded projects.
  • Serve as subject matter expert for BABA, CPA, Davis-Bacon, Uniform Guidance, and agency-specific procurement requirements.
  • Develop governance frameworks, procedures, templates, controls, and compliance standards.
  • Partner with Grants & Loans, Category Management, Strategic Sourcing, Legal, Engineering, and Operations to ensure funding requirements are embedded into procurement processes.
  • Monitor compliance risks across funded project portfolios.
  • Lead procurement readiness assessments, audits, and agency reviews.
  • Provide leadership reporting, dashboards, risk assessments, and mitigation plans.
  • Deliver enterprise-wide training and compliance guidance.

Business Impact
  • This role provides strategic oversight and governance to ensure Procurement activities remain compliant with funding requirements and protects AEP's ability to secure and retain federal and state funding.


What We're Looking For:

Bachelor's degree in Business Administration, Purchasing, or related field of study, or Associate's degree in Business Administration and two (2) years' of procurement experience in buying, contracting, or supply chain.

Work Experience requirement listed below: Minimum of five (5) years' related experience in work activities and projects requiring the application of strategic sourcing principles, in addition to any years' of experience identified above.

Other Requirements/Preferred Qualifications
  • Physical demand level is Sedentary
  • Ensure all work activities are performed in accordance with the policies, practices, standards, and rules of the company and those regulations and procedures required externally.
  • Seek to broaden knowledge in areas of the company and industry which will complement acquired strategic sourcing expertise.


In addition to base salary, AEP offers competitive Total Rewards including discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.

American Electric Power (On-Site)

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#AEPCareers

Compensation Data

Compensation Grade:

SP20-008

Compensation Range:

$98,993.00 - $128,688.00

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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About American Electric Power

American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers nationwide. AEP serves millions of customers across 11 states. It operates in the generation, transmission, and distribution of electricity, providing power to residential, commercial, and industrial customers. AEP generates electricity using diverse sources, including coal, natural gas, nuclear, and renewable energy like wind and solar. The company maintains a vast transmission network that delivers electricity from power plants to local distribution systems, ensuring a stable and reliable power supply. AEP is actively involved in renewable energy initiatives, investing in wind farms and solar facilities to diversify its energy portfolio and reduce its environmental impact. Additionally, the company engages in community outreach, supporting education, environmental conservation, and various social initiatives.

American Electric Power Careers

Join the dynamic team at American Electric Power (AEP), one of the largest electric utilities in the United States, and ignite your career with a company known for its commitment to innovation and leadership in the energy sector.

Opportunities Await

At AEP, we offer a multitude of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking an entry-level position or a more senior role, our diverse range of employment options ensures that there's a place for every ambitious individual in our team.

Grow and Innovate

Embark on a journey of growth and professional development with AEP. Our company is at the forefront of the energy industry’s transformation, integrating sustainable and innovative practices that not only lead the market but also contribute to a greener planet. Engage in work that challenges the status quo, pushing the boundaries of what is possible in the energy sector.

Culture and Benefits

AEP is dedicated to fostering a culture of diversity and inclusion, where every team member’s contribution is valued. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. From comprehensive health benefits to professional development programs and diversity training, AEP ensures that our team is equipped for both personal and professional success.

Internship Programs

Kickstart your career with an AEP internship. Our programs provide invaluable industry experience and networking opportunities that pave the way for future employment. Interns at AEP work on real projects, learn from seasoned professionals, and gain the hands-on experience necessary to succeed in the fast-paced world of energy.

Leadership and Development

Leadership at AEP means more than guiding teams – it involves inspiring change and driving innovation. With leadership development programs, employees are prepared to take on challenging roles that shape the future of the company and the industry. Our focus on leadership and continuous improvement creates an environment where ambitious professionals can thrive.

Join Our Team

Explore the career possibilities at American Electric Power today. Search open positions that match your skills and interests. We are constantly hiring new talent and look for passionate, curious, and solution-driven team players. Prepare your resume, ace the interview, and join a company where your career can flourish.

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Learn more about American Electric Power
Size
16,688 employees
Market Cap
$48.8 billion
Industry
Net Income
$2.2 billion
Founded
1906
5 Year Trend
+0.5%
Revenue
$14.9 billion
NASDAQ

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