Procurement Contracts Manager

Overview

This role supports supplier contracting processes, working with internal stakeholders to prepare agreements, review commercial terms, and help manage contract lifecycle workflows.

The Procurement Contracting function builds an efficient supplier contracting process, reduces friction for business leaders, partners with Third Party Risk and Legal to minimize risk, and improves the speed of engaging key suppliers.

Responsibilities

• Answer initial questions and educate designated stakeholders (DRIs) on the overall risk assessment and supplier contracting process
• Conduct an initial review of DRI-provided use cases and appropriate contractual terms, or assemble appropriate templates, and prepare agreements for legal review according to defined guidelines
• Review and negotiate commercial terms in supplier agreements when needed
• Monitor productivity and communication with DRIs using the procurement tool
• Engage internal stakeholders, including Legal, Sourcing, Third Party Risk, and DRIs, to understand needs and translate them into a risk-balanced approach to preparing contracts using training and existing frameworks
• Manage engagements within the procurement system and contract lifecycle management system, and support end-to-end contract lifecycle management
• Partner with internal teams to resolve business inquiries and troubleshoot contracting-related issues

Requirements

• 8 years of professional experience in contracting within procurement, legal operations, or another commercial deal negotiation capacity
• Demonstrated ability to understand commercial and legal language commonly used in commercial contracts; comfort reviewing and drafting contractual language; and experience negotiating contracts while partnering effectively with legal teams
• Solution-oriented mindset, enthusiasm for establishing contracting best practices, ability to earn trust quickly and deliver value in a fast-paced, multi-stakeholder environment, and ability to support opinions with sound reasoning
• Flexibility and comfort with changing requirements in a high-volume environment, meticulous attention to detail, and a rigorous decision-making process
• Strong verbal and written communication skills, including the ability to represent the organization effectively with stakeholders

Preferred Qualifications

• Broad contracting experience across categories such as technology, marketing, workplace, and services
• Understanding of or experience with e-procurement tools and contract lifecycle management systems (including Zip and Ironclad)
• Familiarity with the fintech industry and its supply chain and procurement challenges
• A builder’s mindset and willingness to question assumptions and conventional wisdom

Compensation & Benefits

• Annual US base salary range: $123,600 - $185,400
• Equity, company bonus or sales commissions/bonuses (if applicable)
• 401(k) plan
• Medical, dental, and vision benefits
• Wellness stipends

Location

Remote work is supported. A remote location is defined as being 35 miles (56 kilometers) or more from one of the organization’s offices. Regular work from home is expected; office visits are welcome for team/business meetings, on-sites, meet-ups, and events. The organization does not cover the cost of relocating to a remote location. Roles are encouraged to match the location where you currently live or plan to live.