Overview:
This is a full-time career opportunity that can be remote.
The Contract Manager is responsible for reviewing and negotiating contracts for both new vendors and existing vendors on behalf of business units across the bank. Negotiations will involve coordination across multiple internal stakeholder groups (Legal, Information Security, Compliance, BSA/AML, HR, Sourcing, etc.) The Contract Manager will handle MSAs, Non-Disclosure Agreements, Amendments, SOWs, and Order Forms for a wide variety of products and services including technology, consulting, and administrative services. Incumbents are also responsible for the consolidation and management of contract and vendor data in our contract management system.
Responsibilities:
* Manage, coordinate, and/or contribute to all stages of contract lifecycle including RFP preparation, contract review, negotiation, maintenance, and termination, with a variety of internal stakeholders across multiple lines of business
* Manage contractual and business relationships with vendors in coordination with sourcing
* Develop, structure, and negotiate legal and business terms and conditions, which may also include pricing negotiations
* Advocate with third party vendors on behalf of the business and subject matter experts, negotiating with counsel as appropriate
* Manage contract terms within contract lifecycle management platform and report status on an ongoing basis
* Establish and develop close working relationships across lines of businesses and with technical, audit, compliance, security, and legal teams as necessary
* Work in a self-directed, collaborative, and constructive manner with team members, the business unit, and our internal stakeholders
* Understanding regulatory requirements and the controls that are necessary to be successful in the banking / financial services industry, prepare and validate internal and regulatory reports and assist with a variety of departmental projects and presentations
* Develop ongoing processes and procedures to support procurement and contract management
Additional Responsibilities
* Assist with integration and contract issues related to merger and acquisition projects. Project manage contract issues and reviews associated with merger and acquisition initiatives
* Conduct training on contract management lifecycle tools and processes
* Assist in the drafting and building of Fulton contract templates with our legal teams
Qualifications:
Education
Bachelor's Degree or the equivalent experience. Specialty: Legal, Business, or Finance. (Required)
Master's Degree or the equivalent experience. Specialty: Finance or Program Management. (Preferred)
Doctor of Jurisprudence Degree. (Preferred)
Experience
5 or more years contract lifecycle management, legal administration, vendor management, and/or sourcing. (Required)
5 or more years relevant experience with a financial institution or corporate environment. (Required)
10 or more years contract lifecycle management, legal administration, vendor management, and/or sourcing. (Preferred)
Certifications
Paralegal certificate. (Preferred)
Knowledge, Skills, and Abilities
* Familiar with key terms and conditions that are common to various types of vendor agreements including but not limited to SaaS, software, hardware and professional services agreements ()
* Familiarity with contract lifecycle management systems ()
* Productive in working in a fully remote position ()
* Timely decision making ()
* Effective in constructing and giving formal presentations ()
* Capable of managing multiple simultaneous tasks with potentially overlapping priorities (Required)
* Ability to think strategically and independently (Required)
* Ability to work effectively with customer and cross functional team members (Required)
* Ability to perform under pressure and in a fast-paced, dynamic environment (Required)
* Strong analytical skills (Required)
* Excellent interpersonal skills, dynamic and highly team-oriented (Required)
* Excellent written and verbal communication (Required)
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