Omar Azad
About Omar Azad
Omar Azad is a Lead Associate at Fannie Mae in the Washington D.C. Metro Area, with prior experience at Accenture, Covance, and MedImmune.
Company
Omar Azad is currently employed at Fannie Mae as Lead Associate. His current role is based in the Washington D.C. Metro Area. Fannie Mae is a prominent government-sponsored enterprise (GSE) that expands the secondary mortgage market by securitizing mortgage loans.
Title
Omar Azad holds the title of Lead Associate at Fannie Mae. He is responsible for various high-level tasks including managing contracts, leading negotiations, and partnering with strategic suppliers to enhance organizational efficiency and supplier partnerships.
Education and Expertise
Omar Azad studied Strategic Sourcing and Procurement at SIG University, where he achieved the Certified Sourcing Professional (CSP) credential in 2016 after 11 months of study. Prior to that, he earned a Bachelor of Arts degree in Economics from Franklin & Marshall College, where he studied from 1998 to 2002. He also attended Phillips Exeter Academy from 1994 to 1998. His education has provided a solid foundation in economics, sourcing, and procurement.
Employment Background
Before joining Fannie Mae, Omar Azad worked as a Consultant at Accenture from 2010 to 2016, and as a Buyer at Covance from 2008 to 2010. Prior to Covance, he worked at MedImmune as a Buyer from 2002 to 2008. His career has spanned various roles in procurement and strategic sourcing, highlighting his extensive experience in contract management, supplier negotiation, and project management.
Professional Achievements
Omar Azad has developed pricing and evaluation templates that increased the efficiency of the competitive process in strategic sourcing. He has managed multiple contracts and projects concurrently, often handling 10-15 projects at different stages of completion. He has led negotiations and ensured the inclusion of crucial contractual clauses. He implemented quarterly meetings with strategic suppliers and developed market intelligence by vetting new suppliers, including their ESG policies. He has also worked with the supplier relationship management team to correct underperforming suppliers.