Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Manager of Contracts & Risk

FB Solutions Group

Job Description

Company Overview:

At FB Solutions Group, we’re building a best-in-class platform designed to unlock the true potential of food and beverage businesses. Our strategic vision is embodied in our diverse portfolio of offerings, and we set ourselves apart with our successful history of acquiring strong, well-positioned companies and seamlessly incorporating them into our platform. By leveraging our industry expertise, extensive network of partners, and innovative supply chain solutions, we provide unparalleled support and growth opportunities. We offer a comprehensive suite of services including product development, pilot production, commercialization, operations management, and access to scaled procurement of materials including rigid packaging, secondary packaging, beverage ingredients, bulk alcohol, and tropical fruit imports. We are dedicated to acquiring only the best-in-class partners — experts in their respective fields — to uphold our promise of delivering exceptional support and growth opportunities for food and beverage businesses.

Position Overview:

FB Solutions Group is a contract-intensive business. Co-manufacturing agreements, international ingredient supply contracts, material agreements, customer master service agreements, Statements of Work, MNDA’s, Non-circumventions and distribution terms determine the economics of both operating companies, and the provisions inside them carry material dollar consequences: pricing and adjustment mechanics, duty and tariff allocation, minimum volume and take-or-pay commitments, quality and rejection rights, indemnification, and termination.

The Manager of Contracts and Risk owns commercial contracting across FB Solutions Group and its operating companies. This position serves as the first and, in most cases, the final internal reviewer of counterparty paper. The Manager independently drafts, redlines, and negotiates commercial agreements against an established playbook, engages directly with customer and supplier counterparts, and retains outside counsel by exception rather than by default. The Manager works directly with the sales team and commercial leadership at both operating companies, serving as their contracting partner from term sheet through execution and holding the line on terms that protect margin when a transaction is under time pressure.

The position also owns the contract management system and the company's insurance documentation and renewal program. It reports to the Chief Financial Officer and partners closely with commercial leaders, procurement, finance, and operations leadership. Success requires sound commercial judgment, the discipline to maintain a reliable contractual record, and the willingness to hold a negotiating position under internal and external pressure.

This role is designed for an experienced commercial or transactional paralegal, or a contracts manager of equivalent background, rather than a practicing attorney. FB Solutions Group retains outside counsel for litigation, regulatory, and specialized matters.

Principle Duties & Responsibilities:

Drafting and Negotiation

  • Draft, review, revise, and redline commercial agreements, including master service agreements, supply and purchase agreements, co-manufacturing and tolling agreements, customer and vendor agreements, brokerage and distribution agreements, statements of work, amendments, quality agreements, non-circumvention, and confidentiality agreements
  • Lead negotiations with customers, suppliers, and other counterparties, exchanging redlines and driving agreements through execution without day-to-day supervision
  • Own the company's position on commercially material terms, including pricing and price adjustment mechanics, duty and tariff allocation, minimum volume and take-or-pay commitments, payment terms, title and risk of loss, quality specifications and rejection rights, indemnification, limitation of liability, insurance requirements, force majeure, and termination and renewal rights
  • Establish and maintain the contract playbook, including standard positions, approved fallback positions, and defined escalation thresholds for each material term, applied consistently across both operating companies
  • Develop and maintain the template and clause library so that standard documents reflect current commercial practice, pricing structures, and risk tolerance
  • Escalate novel risk, regulatory exposure, and disputes to the Chief Financial Officer and outside counsel with a written issue summary and a recommended course of action

Commercial Partnership

  • Engage with sales, procurement, and operations early in the deal cycle so that commercial structure is resolved before agreements are papered
  • Translate contractual terms into financial impact for executive leadership and deal teams, including the cost of a requested concession, the effective value of a liability cap, and the exposure created by a pricing formula under input cost volatility
  • Support finance on revenue recognition, lender reporting, audit requests, and acquisition diligence that depend on contract terms

Contract Administration and Obligation Management

  • Own the contract management system, ensuring that all executed agreements, amendments, approvals, versions, and supporting documentation are accurately recorded, organized, searchable, and retained in accordance with company policy
  • Manage approval routing, signature authority requirements, and e-signature workflow through execution
  • Monitor post-execution obligations carrying financial consequences, including volume commitments, prepayments and advances, rebates, price review dates, notice periods, renewals, and expirations, and communicate required actions to responsible stakeholders in advance of deadlines
  • Evaluate contracting processes and recommend automation and system enhancements that improve cycle time, visibility, and compliance
  • Report on contract volume, status, cycle time, renewals, open obligations, and risk trends
  • Support dispute, claim, and demand workstreams by assembling the contractual record and assessing the company's position

Insurance and Risk

  • Manage the annual insurance renewal process, coordinating with brokers and internal stakeholders to gather underwriting information and complete renewal documentation
  • Maintain policies, certificates, endorsements, and related documentation; track expiration dates; and issue certificates to customers, vendors, and internal teams as required
  • Verify that insurance requirements in executed agreements align with coverage actually in place, and flag gaps to the Chief Financial Officer
  • Ensure contract and insurance records are filed, retained, and managed in accordance with company policy and applicable requirements

Other duties as assigned

Qualifications & Skills:

Required

  • Five or more years of progressively responsible experience in commercial contracting as a transactional or corporate paralegal, contracts manager, or contract negotiator. Litigation, family law, immigration, or other non-commercial paralegal experience is not a substitute.
  • Bachelor's degree in business administration, legal studies, finance, or a related field.
  • Demonstrated ownership of redlines and negotiations. Candidates should be prepared to describe specific provisions negotiated, the position taken, and the outcome achieved.
  • Working command of commercial contract concepts, including indemnification, limitation of liability, warranties, insurance requirements, confidentiality, intellectual property, force majeure, title and risk of loss, delivery and payment terms, termination and renewal, and dispute resolution.
  • Experience in a supply chain intensive industry such as food and beverage, consumer packaged goods, agriculture, distribution, or manufacturing.
  • Sound commercial judgment, including the ability to distinguish routine issues from material risk and the willingness to hold a position with internal stakeholders when a transaction is under time pressure.
  • Demonstrated ownership of a contract management system, including records discipline, obligation tracking, and reporting.
  • Excellent written and verbal communication skills, with the ability to engage credibly with executive leadership and external counterparties.
  • Ability to maintain confidentiality and handle sensitive legal and business information with discretion.
  • Proficiency with contract management platforms (CobbleStone experience a plus), CRM and ERP systems, document management, and e-signature tools.
  • Advanced proficiency with Microsoft Office and Adobe, including document comparison and redlining.
  • Ability to travel up to 10%.

Preferred

  • Paralegal certificate, ABA-approved paralegal program, or equivalent formal legal training strongly preferred.
  • Experience with international supply agreements, Incoterms, customs, and tariff exposure.
  • Experience in a private equity backed or multi-entity platform environment where contract terms support lender reporting, covenant compliance, and acquisition diligence.
  • Familiarity with food safety and quality agreements, co-packing arrangements, or FDA regulated products.
  • Experience building or overhauling a contract playbook, clause library, or contract management system implementation.
  • Experience managing a commercial insurance renewal cycle with brokers.

Vacancy posted 8 days ago
Similar jobs that could be interesting for youBased on the Manager of Contracts & Risk in Mundelein, IL vacancy
  •  ...privately-held national construction company in America, and Castle Contracting. McCarthy provides the crucial business infrastructure for...  ...McCarthy Holdings, Inc. is currently searching for a Risk Manager to support its Renewables and Battery Storage (BESS) Business... 
    Suggested
    Contract work
    For contractors
    For subcontractor
    Work at office

    McCarthy Holdings, Inc.

    Mundelein, IL
    28 days ago
  •  ...seeks a seasoned leader to oversee and enhance its Third-Party Risk Management (TPRM) program in Vernon Hills, ensuring regulatory readiness...  ...You will own onboarding, due diligence, ongoing monitoring, contract review, and offboarding for third parties, while driving... 
    Suggested
    Ongoing contract

    BCU

    Vernon Hills, IL
    1 day ago
  • $150k - $225k

     ...Job Description Facilities & Corporate Services Manager – Leading Investment Management Firm – NYC 5x in office $150k–$225k base...  ...Manage relationships with facilities vendors, including contract negotiations, service agreements, performance reviews, and ongoing... 
    Suggested
    Contract work
    Work at office
    Local area

    Mission Staffing

    Mundelein, IL
    2 days ago
  •  ...Job Description Coda Search is partnering with a highly reputable asset management firm with offices located in NYC. This is a dynamic firm that is seeking to hire an Associate for its alternatives team where they will support two fundraisers and play a critical role... 
    Suggested

    Coda Search│Staffing

    Mundelein, IL
    8 days ago
  •  ...Job Description The candidate will be part of the Global Operational Risk Management team, based in New York, supporting Operational Risk coverage in the U.S. region and serving as the primary second-line Operational Risk lead for Technology Risk globally, in accordance... 
    Suggested
    Full time
    Part time
    Local area

    Jefferies

    Mundelein, IL
    8 days ago
  • $210k

     ...Director, Corporate Risk ManagementWith offices in Illinois, Wisconsin, Indiana, and Ohio, Pepper Construction is a national general contracting and construction management firm that primarily serves the private sector. Pepper Construction provides clients the experience... 
    Contract work
    For contractors
    Work experience placement
    For subcontractor
    Local area
    Remote work
    Visa sponsorship
    Work visa

    Pepper Construction

    Port Barrington, IL
    9 hours ago
  •  ...firms with services ranging from tenant representation and project management to workplace strategy and occupant experience - showcasing the...  ...requirements, deadlines, content needs, and potential gaps or risks. Coordinate input from brokers, GOS leaders, subject... 
    Local area

    Savills North America

    Mundelein, IL
    2 days ago
  •  ...international payments company is seeking an experienced Head of Risk & Compliance to lead its regulatory compliance function and...  ...This individual will oversee compliance strategy, strengthen risk management practices, and partner with senior leadership to ensure... 
    Local area

    Madison-Davis, LLC

    Mundelein, IL
    1 day ago
  •  ...ideal next step for a Senior Treasury Analyst or Assistant Treasury Manager ready to lead. Own daily, short-term, and long-term liquidity...  ...on market trends, treasury opportunities, and emerging risks Lead the approach to managing FX, interest rate, and counterparty... 
    Temporary work

    StevenDouglas

    Mundelein, IL
    1 day ago
  •  ...-strategy quantitative investment firm headquartered in New York, managing approximately $20 billion in assets. The firm combines rigorous scientific research, proprietary technology and disciplined risk management across a range of systematic and discretionary-quant strategies... 

    Coda Search│Staffing

    Mundelein, IL
    20 days ago
  •  ...Job Description In this highly visible role, the Risk Manager will be responsible for monitoring and managing equity L/S portfolio risk, scenario analysis, multi-factor modeling and tail-risk analysis. The Risk Manager will regularly interact with portfolio managers... 

    Multi-Strategy Hedge Fund

    Mundelein, IL
    27 days ago
  •  ...Job Description Responsible for the ongoing, effective daily operation of Risk Management activities within the DC market. Such responsibilities include incorporation of the Corporate TERM Program into the overall functions of GW Health. Supervises all Risk Management... 

    The George Washington University Hospital

    Mundelein, IL
    21 days ago
  • $175k

     ...Job Description Firm Overview: CIFC Asset Management LLC (together with its affiliates, “CIFC”) is a corporate and structured credit...  ...expertise and knowledge of leveraged finance to assess risk. Position Summary: The Risk Management Associate will report... 

    CIFC Asset Management

    Mundelein, IL
    8 days ago
  •  ...Job Description Director of Risk Management MISSION Build PLS's enterprise risk management function from the ground up — partnering with Legal, insurance brokers/carriers, and executive leadership to identify, quantify, and mitigate organizational, insurance... 

    PLS Logistics Services

    Mundelein, IL
    14 days ago
  •  ...Job Description Overview A leading multi-strategy investment firm is seeking an Equity Volatility Risk Manager to support its equity volatility business. The role will focus on monitoring and managing risk across single-stock volatility strategies, working closely... 

    Paragon Alpha - Hedge Fund Talent Business

    Mundelein, IL
    14 days ago
  • $240k

     ...Job Description My key client is seeking a Director – Credit/Market Risk for Prime Services/Prime Brokerage This role will report into the Global Head of Prime Services. All Market Risk Functions sit within this team including Counterparty Risk. This team owns analytics... 
    Work at office
    Immediate start
    Work from home

    JCW Group

    Mundelein, IL
    3 days ago
  •  ...with contractors to help them secure the bonding capacity and risk structure they need to grow their companies. This role is ideal for candidates interested in business, finance, risk management, and long-term client relationships. It combines analytical work... 
    Temporary work
    For contractors

    Insurance Group Of America LLC

    Mundelein, IL
    8 days ago
  • $180k - $200k

     ...decisions about how AI tools get used, and you stay current as the field moves. You lead: You've managed people and set direction for a function. You explain risk plainly: You can make a complex issue clear to an executive in a few sentences. Bonus points:... 
    Immediate start
    Relocation

    Coda Search│Staffing

    Mundelein, IL
    8 days ago
  •  ...Job Description Hamlyn Williams has partnered with a leading banking organization, looking to hire a Director - Risk Management with a strong focus on Regulatory Reporting (FR Y-14A / FR Y-14Q Schedule L). This is a senior opportunity within a globally recognised... 
    Full time

    HW3

    Mundelein, IL
    27 days ago
  •  ...Pepper Construction Group LLC in Illinois leads enterprise risk management as it grows beyond $3B in revenue. The Director shapes risk strategy across insurance programs, claims management, contract risk, and loss control, serving as a trusted advisor to executives and... 
    Contract work

    Pepper Construction

    Barrington, IL
    1 day ago
  •  ...Job Description Coda Search is conducting a search on behalf of a global asset management firm with offices in NYC, which is looking to bring on a Fund Controller. This fast-growing real estate private equity group manages more than $4 billion in assets and has achieved... 

    Coda Search│Staffing

    Mundelein, IL
    8 days ago
  •  ...Job Description Position Summary The Video Partnerships Manager is responsible for the negotiation and placement of all media for existing clients. As a Manager, you are responsible for all video, streaming , and advanced TV negotiations and account maintenance... 
    Local area

    Initiative

    Mundelein, IL
    13 days ago
  •  ...We are partnering with a growing, technology-driven wealth management platform looking to add a Director of Investments to its New York...  ...portfolio recommendations, investment strategy, performance, and risk. Conduct investment due diligence, manager research, and portfolio... 

    Undisclosed

    Mundelein, IL
    6 days ago
  • $100k - $160k

     ...Job Description Practice Overview: Ankura’s Risk Advisory group, specifically the Forensic Data & Analytics (FDA) team, focuses...  ...strategic business acumen. You will oversee project workstreams, manage project teams, and act as a primary point of contact for clients... 
    Visa sponsorship

    Ankura

    Mundelein, IL
    1 hour ago
  •  ...platform to accept payments from anywhere, send money globally, and manage funds through Global Virtual Accounts and stablecoins — but our...  ...arrangements across a broad vertical mix, including higher-risk categories — and we’re hiring the leader who owns risk for it. You... 

    Pockyt

    Mundelein, IL
    14 days ago
  • $61k - $119k

     ...holistic financial plans tailored to every client’s unique needs Manage your client’s financial plans to help them achieve their goals...  ...is based on production. If offered to apply for approval of a contract to become a Northwestern Mutual Financial Representative, a... 
    Full time
    Contract work
    For contractors
    Work at office

    Northwestern Mutual

    Vernon Hills, IL
    9 hours ago
  •  ...obtain your state insurance licenses (life, health & variable contracts), Series 7 and 66 registrations, and complete Thrivent’s comprehensive...  ...of career backgrounds, including outside sales, business management, education, ministry, hospitality, military and more. Skills... 
    Full time

    Thrivent

    Libertyville, IL
    9 hours ago
  • $100k - $125k

     ...registration for Schedules II–V.Job SummaryThe Product Portfolio Manager owns the financial performance of Pharma Logistics' in-market...  ...the customer, manufacturer and product level, and identify margin risks and opportunitiesTake over performance reporting for new products... 

    Pharma Logistics

    Libertyville, IL
    3 days ago
  •  ...Job Description International Bank is seeking a Relationship Manager to join their Corporate Banking department in New York City. 5+ years relevant industry experience, corporate lending / customer relationship. Experience and knowledge in trade finance is a plus. Project... 
    Work at office

    Seamless Talent

    Mundelein, IL
    15 days ago
  • $180k - $240k

     ...Rewarding and Dignified Location: ​Libertyville​Department: ​Information Technology SummaryAs Director, Information Security & Cyber Risk Management you will be responsible for the information security of Hollister’s customers and Associates. You will direct and lead... 
    Work at office
    Worldwide

    Hollister

    Libertyville, IL
    3 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Manager of Contracts & Risk. Be the first to apply!