Contract Specialist

Contract SpecialistSupply Chain / PurchasingNew York, NY • Full-Time/RegularNYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health.Position Summary: We have an exciting opportunity to join our team as a Contract Specialist. In this role, the successful candidate as the Contract Specialist is a member of the Supply Chain Management team and supports the Strategic Sourcing function. This role is responsible for managing the full lifecycle of contracts within Strategic Sourcing. In partnership with Strategic Sourcing, the Contract Specialist will draft, review, redline, and negotiate contracts within the framework established by the NYU Langone Health Office of the General Counsel (OGC), while ensuring compliance with enterprise policies and procedures. The Contract Specialist will develop and apply subject matter expertise across key strategic sourcing categories, such as Clinical Services, Corporate Services & Real Estate Dev & Facilities (RED&F) to effectively support the Strategic Sourcing team. This role will primarily support Clinical Services and Professional Services agreements. The successful candidate will thrive in a collaborative environment and help ensure the timely execution of contracts. The Contract Specialist will work closely with internal stakeholders, including Strategic Sourcing, Procurement, Legal, IT, Clinical teams, and business teams, to ensure contracts align with organizational goals and operational needs.Job Responsibilities:Review and draft contracts, including vendor agreements, service agreements, master agreements, statements of work (SOWs), and related documentsNegotiate and redline contract terms with vendors and partners independently or in collaboration with Strategic Sourcing, escalating to Sourcing Leadership or the Office of the General Counsel as neededManage contract databases and ensure accurate tracking of contract terms, milestones, and renewalsMonitor and report on contract performance and compliancePartner with internal stakeholders to ensure contracts align with organizational and mission-driven goalsProvide guidance and support to internal teams on contract-related matters in accordance with OGC guidelinesContribute to the development and implementation of contract management processes, procedures, and administration of internal contract management systems (CMS)Assist with training, coaching, and onboarding of new contract management team members or Sourcing team membersPerform other Supply Chain Management or contract-related duties as neededMinimum Qualifications: To qualify you must have a Bachelors degree in Business, Law, or a related field or Juris Doctor 5+ years of experience in contract management or a related fieldPreferred Qualifications: Preferred experience in the healthcare industry and/or with facilities, IT, and professional services contracts Experience utilizing AI for contract drafting and negotiation Strong understanding of contract principles and practices Strong critical thinking skills, with the ability to analyze and clearly communicate complex issues Excellent communication and negotiation skills Proficiency in Microsoft Office and familiarity with contract management software Highly organized, detail-oriented, and able to manage multiple projects simultaneouslyQualified candidates must be able to effectively communicate with all levels of the organization. NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.At NYU Langone Health, we are committed to supporting our workforce and their loved ones with a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being: physical, mental, nutritional, sleep, social, financial, and preventive care. The benefits and wellness package is designed to allow you to focus on what truly matters. Join us and experience the extensive resources and services designed to enhance your overall quality of life for you and your family. NYU Langone Health is an equal opportunity employer and committed to inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration. We require applications to be completed online.View Know Your Rights: Workplace discrimination is illegal.NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $84,577.92 - $122,430.00 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.To view the Pay Transparency Notice, please click here