Contract Specialist
Company: SchoolsFirst Federal Credit Union
Location: Tustin
Posted on: January 9, 2021
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Job Description:
Position Summary: The Contract Analyst position works closely
with the department Manager and business unit owners throughout the
Credit Union in the review, tracking, execution and monitoring of
vendor contracts. The contract review includes reading,
interpreting and redlining contracts, non-disclosure agreements
(NDAs), statements of work (SOWs). Essential Job Functions: Reviews
analyses, and interprets contracts and other related documents.
Suggests contract terms and language that supports organizational
objectives, and seeks direction and input from Manager as necessary
during contract preparation and finalization. Analyzes contract
issues and recommends appropriate course of action. Recommends
vendor penalties and incentives, if performance does not meet or
exceed established criteria. May work with outside legal counsel to
develop and insert appropriate legal protections in complex
contracts, as warranted. Develop a knowledge base of contract
negotiating strategies and best practices. Identify and recommend
improvements to processes, procedures, workflow and organizational
structures for contract management. Facilitates communication with
multiple cross-departmental functions regarding contract terms and
assists in obtaining all appropriate and necessary internal
approvals for contract terms and provisions. Provides support in
the negotiation of contracts and in the resolution of contract
language disputes. Tracks the progress of contract preparation,
negotiation, and finalization to ensure contracts are completed in
a timely fashion. Ensures that all contracts comply with federal
and state regulations and overarching credit union policy. All
teammembers must comply with regulatory compliance and assigned
training requirements including but not limited to BSA regulations
corresponding to their specific job duties. Failure to do so may
result in disciplinary and other employment related actions.
Performs other related duties as assigned or
requested.Education:Bachelors degree in Business Administration,
Finance, Political Science or closely related field required. Juris
Doctor preferred.Experience:Must have at least 3 - 5 years of
contract management experienceMust have a minimum of 3 years
contract reviewing experience.Equal Opportunity Employer
Minorities/Women/Protected Veterans/Disabledby Jobble
Keywords: SchoolsFirst Federal Credit Union, Tustin , Contract Specialist, Other , Tustin, California
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