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Legal Contract Manager

$83.78k - $115.07k

Regions Bank

Legal Contract AdministratorAt Regions, the Legal Contract Administrator supports the review, negotiation, drafting, and administration of contracts and related requirements. This position works closely with attorneys and key stakeholders in facilitating timely and effective contracting outcomes while helping mitigate risk.Primary ResponsibilitiesReviews, drafts, and negotiates vendor-related contracts using approved templates, playbooks, clause libraries, fallback positions, and escalation proceduresIdentifies deviations from approved contracting standards and escalates material legal, regulatory, financial, operational, or reputational issues to the appropriate attorney or control functionNegotiates routine and previously approved contractual provisions within delegated authorityReviews contract documents for accuracy, completeness, consistency, and alignment among related agreementsManages assigned matters throughout the contracting process, including intake, internal review, negotiation, approval, execution, and record retentionCoordinates input and approvals from relevant departments and control functions and serves as a liaison among Legal, internal stakeholders, and vendors to facilitate contract completionSupports the preparation of contract summaries, issue lists, negotiation trackers, and decision materialsMaintains accurate data regarding contract status, cycle time, volume, agreement type, risk level, negotiation outcomes, and escalation activityUnderstands, maintains, and proactively communicates operational metrics, contracting trends, and broader business issues to leadershipSupports effective use of contract lifecycle management technology, electronic signature tools, workflow systems, and approved artificial intelligence (AI) toolsMaintains the confidentiality of attorney communications, legal advice, negotiation strategy, and other sensitive informationCoordinates work of various departments, and acts as liaison between the Bank and vendors to complete contractsReviews progress, evaluates results, performs data analysis, and escalates to management as necessaryReadily identifies risks, gaps, and issues and recommends changes in procedures to leadershipLeads changes associated with recommendations with minimal supervisionUnderstands, maintains, and proactively discusses operational metrics and larger business issues with leadershipPerforms other responsibilities as assignedThis position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.RequirementsBachelor's degree in related field and five (5) years of related experienceOr High School Diploma or GED and nine (9) years of related experienceExperience identifying contractual risk and applying established negotiation guidance and escalation standardsExperience negotiating terms related to vendor contractsPreferencesApplicable, relevant professional certifications (e.g., paralegal, contract management, etc.)Experience with applicable systems (e.g., Ariba, Archer, Onit, etc.)Experience with contract lifecycle management systems and electronic signature toolsExperience working within a corporate legal department or directly supporting attorneysSkills and CompetenciesAbility to manage multiple priorities simultaneouslyAbility to research, analyze data, and derive factsAbility to work collaboratively in a cross functional team environmentAbility to work in a team environment when applicableAbility to work independently within established authority and with limited guidanceAbility to work under pressure and meet deadlinesAdvanced understanding of contract terms and conceptsDemonstrated leadership and change management capabilitiesEffective problem solving and negotiation skillsProficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)Strong attention to detailStrong verbal, written communication, and organizational skillsStrong work ethic and self-motivationPosition TypeFull timeCompensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.Job Range Target:Minimum:$83,776.00 USDMedian:$115,070.00 USDIncentive Pay Plans:This job may participate in an annual discretionary bonus plan.Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer ProgramPlease note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please visit the provided link.Location DetailsRegions CenterLocation: Birmingham, AlabamaEqual Opportunity Employer/including Disabled/Veterans

Vacancy posted 1 day ago
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