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Connexus Credit Union · 2 months ago

Contract Management Specialist

United States

Full-time, Contract

Remote

Mid Level

3+ years exp

Connexus Credit Union is a member-focused cooperative serving members across all 50 states. The Contract Management Specialist is responsible for reviewing contracts, ensuring compliance with company policies, and managing vendor relationships while proactively identifying risks and supporting organizational goals.

AccountingBankingFinancial Services

Comp. & Benefits

Responsibilities

Execute contract lifecycle management through eGRC platform

Monitor and ensure adherence to contract governance including contract management workflows, signing authority, procedures, and templates while maintaining reviews and revisions of the contracts

Read assigned contracts and create abstracts of the documents so that material terms and any variances to Connexus standards are easy to find

Initial contract review to highlight important terms and document the same in eGRC platform

Advise of contract requirements, obligations, and risks and investigate/follow-up on contracted related issues

Manage new vendor onboarding

Serve as TPRM representative for contract negotiations with new vendors

Act as primary contact for internal stakeholders to request and receive contracts and related documents

Ensure all contract details are current, accurate, and timely updated

Facilitate discussions with cross-functional teams to ensure all contractual obligations are understood and met

Engage with vendors to negotiate terms, resolve disputes, and clarify contract specifications

Manage accurate vendor details for prospective and current vendors

Assist with TPRM Program Manager with requests such as letters, reports, and project documentation

With support of People Leader, ensure proper completion and deliverables for exam management

Own vendor off-boarding process (termination letters, data destruction, etc.)

Collaborate with finance teams to align contract terms with budgetary goals and cost structures

Develop and improve contract templates, negotiation strategies, and best practices tailored to Connexus strategies and risk appetite

Qualification

Contract management principlesRisk mitigation strategiesVendor relationship managementContract negotiationAttention to detailCommunication skillsTeam collaborationProblem-solving skills

Required

Associates Degree, or commensurate experience is Required

3+ years of related experience as a Contract Management Specialist or Contract Management Associate is Required

Knowledge of contract management principles, along with knowledge of accounting, finance, and business procedures and practices as they relate to contracts

Demonstrated strong contract development skills including the development and implementation of risk mitigation and performance standards and measures