Legal Contract Manager
$83.78kRegions Bank
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
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Job Description:
At 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 Responsibilities
Reviews, drafts, and negotiates vendor-related contracts using approved templates, playbooks, clause libraries, fallback positions, and escalation procedures
Identifies deviations from approved contracting standards and escalates material legal, regulatory, financial, operational, or reputational issues to the appropriate attorney or control function
Negotiates routine and previously approved contractual provisions within delegated authority
Reviews contract documents for accuracy, completeness, consistency, and alignment among related agreements
Manages assigned matters throughout the contracting process, including intake, internal review, negotiation, approval, execution, and record retention
Coordinates input and approvals from relevant departments and control functions and serves as a liaison among Legal, internal stakeholders, and vendors to facilitate contract completion
Supports the preparation of contract summaries, issue lists, negotiation trackers, and decision materials
Maintains accurate data regarding contract status, cycle time, volume, agreement type, risk level, negotiation outcomes, and escalation activity
Understands, maintains, and proactively communicates operational metrics, contracting trends, and broader business issues to leadership
Supports effective use of contract lifecycle management technology, electronic signature tools, workflow systems, and approved artificial intelligence (AI) tools
Maintains the confidentiality of attorney communications, legal advice, negotiation strategy, and other sensitive information
Coordinates work of various departments, and acts as liaison between the Bank and vendors to complete contracts
Reviews progress, evaluates results, performs data analysis, and escalates to management as necessary
Readily identifies risks, gaps, and issues and recommends changes in procedures to leadership
Leads changes associated with recommendations with minimal supervision
Understands, maintains, and proactively discusses operational metrics and larger business issues with leadership
Performs other responsibilities as assigned
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
Bachelor’s degree in related field and five (5) years of related experience
Or High School Diploma or GED and nine (9) years of related experience
Experience identifying contractual risk and applying established negotiation guidance and escalation standards
Experience negotiating terms related to vendor contracts
Preferences
Applicable, 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 tools
Experience working within a corporate legal department or directly supporting attorneys
Skills and Competencies
Ability to manage multiple priorities simultaneously
Ability to research, analyze data, and derive facts
Ability to work collaboratively in a cross functional team environment
Ability to work in a team environment when applicable
Ability to work independently within established authority and with limited guidance
Ability to work under pressure and meet deadlines
Advanced understanding of contract terms and concepts
Demonstrated leadership and change management capabilities
Effective problem solving and negotiation skills
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong attention to detail
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Position Type
Full time
Compensation Details
Pay 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 USD
Median:
$115,070.00 USD
Incentive Pay Plans:
This job may participate in an annual discretionary bonus plan.
Benefits Information
Regions 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 Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please 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 click or copy the link below to your browser.
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
$83.78k - $115.07k
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