Overview
This role involves managing a team of attorneys responsible for drafting, negotiating, and managing contracts for approximately 3,000 financial institution clients. The Manager, Counsel – Vendor & Commercial Contracts will create and manage template contracting documents, advise the business on contractual terms and risks, and ensure successful completion of the sales process with clients. This position plays a key role in client retention, new client acquisition, product launches, and strategic contracting efforts.
Responsibilities
- Develop and maintain vendor and commercial contracting processes and internal service levels to meet organizational and client needs.
- Lead and oversee a team of attorneys, including reviewing work product and providing career development and training on contracting processes and product changes.
- Serve as an escalation point for complex agreements, templates, and documents affecting contractual relationships.
- Advise internal business owners and external customers on client agreements and related documents such as statements of work and terms and conditions.
- Collaborate with Corporate Counsel to develop contract standards, ensuring alignment with organizational strategy and acceptable risk limits.
- Establish and enforce internal governance and approval processes for sales and contracting with clients.
- Negotiate and execute new vendor contracts and renewals, contributing to updated contract standards.
- Communicate contract terms and impacts to stakeholders across the enterprise.
- Ensure accuracy and appropriateness of contract text and attachments.
- Manage and track contract terms, conditions, and service level agreements (SLAs) to ensure alignment between client and vendor contracts, recommending continuous improvements.
- Maintain deadlines and communicate regularly with relevant parties regarding contractual issues.
- Identify and report risks within the scope of work, including information security risks.
- Identify process and skill gaps within the team and provide opportunities for skill development.
- Implement process improvements to enhance efficiency.
Requirements
- Juris Doctor (JD) degree from an accredited law school.
- Admission and active license to practice law in at least one state.
- Minimum of 10 years of experience in vendor and commercial contracting.
- Experience negotiating complex technology and payments transactions.
- Strong leadership, management, and interpersonal skills.
- Experience in the electronic funds transfer (EFT) industry, with knowledge of ATM or point-of-sale (POS) systems.
- Experience or knowledge of credit union or banking industries, with a strong understanding of financial institutions, payments industry, and customer relationships.
- Solid understanding of contracting and legal principles.
- Familiarity with contract management solutions and tools, including CMS and Level Path.
- Ability to analyze data and reporting to drive process improvements and accountability.
- Proven ability to collaborate effectively with internal and external legal advisors, sales teams, and other stakeholders.
Compensation & Benefits
- Salary range: $134,500.00 - $174,900.00, adjusted based on experience and other job-related factors.
- Competitive wages.
- Medical insurance with telemedicine.
- Dental and vision coverage.
- Basic and optional life insurance.
- Paid time off (PTO), including maternity, parental, and family care leave.
- Community volunteer time off.
- 12 paid holidays.
- Company-paid disability insurance.
- 401(k) plan with employer match.
- Health Savings Accounts (HSA) with company contributions.
- Flexible Spending Accounts (FSA).
- Supplemental insurance options.
- Employee Assistance Program (EAP) for mental health and well-being.
- Tuition reimbursement.
- Wellness program.
Benefits are subject to eligibility, waiting periods, contribution requirements, and other conditions.
Location
Information about the specific location is not provided in the original description.
Additional Information
- This role is not eligible for sponsorship.
- The employer is an Equal Opportunity Employer and complies with applicable federal, state, and local laws prohibiting discrimination.
- Reasonable accommodations for individuals with disabilities are available upon request.