Team Lead, Contract Management

Morningstar Credit Ratings, LLC; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

An established industry player is seeking a Contracts Team Lead to oversee the contract management process and ensure timely delivery of contracts. This role involves managing a small team, negotiating various agreements, and collaborating with sales and legal teams to minimize risks. The ideal candidate will possess strong leadership and negotiation skills, along with a solid background in commercial contracts management. Join a dynamic environment that values flexibility and teamwork, where you can make a significant impact on the contracting process and contribute to the success of the organization.

Qualifications

• 4+ years of commercial contracts management experience.
• Excellent negotiation skills with a successful track record.

Responsibilities

• Oversee a team of 3 to 4 direct reports for contract management.
• Negotiate contracts with clients in line with company policies.

Skills

Contract Management

Negotiation Skills

Team Leadership

Communication Skills

Time Management

Education

Bachelor’s Degree

Job description

Team Lead, Contract Management page is loaded

Team Lead, Contract Management

Apply locations London time type Full time posted on Posted Yesterday job requisition id AP-22181412

The Group: Morningstar’s Business Development & Sales group is responsible for helping our advisor and institutional clients build their businesses and provide better outcomes for investors. The group is structured primarily along the following client segments: Advisor, Asset Management, Retirement, Redistributor, and Commodities & Energy.

The Role: Morningstar Global Field Operations Team seeks a highly motivated Contracts Team Lead . The Contracts Team Lead is responsible for overseeing the work of the team to ensure timely delivery of contracts that meet the needs of each product and minimize risk for both Morningstar and our clients . Additionally, the Contracts Team Lead is responsible for drafting, reviewing, negotiating, and finalizing commercial contracts or contract amendments . This role works with the Sales , Product and Legal t eam s to create contracts, develop negotiation strategies, evaluate risk exposure, and make recommendations to business partners or legal counsel. The Contract Manager ensures our commercial contracts comply with our internal contracting policies.

Job Responsibilities:

• Provide team leadership responsibility for a team of 3 to 4 di rect reports.

• Manage the pipeline of sales contract s , prioritizing work across the Contracts and Legal teams to ensure timely delivery of contracts.

• Provide training and support for the contract process within the contract team and to the sales team(s).

• Identify emerging legal and contracting issues that require policy decisions while working with the legal team to develop our positions.

• Manage contract process for new, renewal and amendment contracts .

• Review and approve contracts prepared by the sales team prior to submission to clients.

• Provide guidance to the business and functional teams on the terms of contracts and risks associated with the contracts including when to escalate risk issues for internal approvals .

• Negotiate with clients on contracts in line with our company policies via email and phone . Escalate issues to business and legal partners for non-standard terms for approval.

• Provide cross functional support to Sales, Sales Operations, Product, Legal and Finance teams for ongoing projects to make the contracting process more efficient .

Specific Knowledge/Skills:

• Prior management or team lead experience.

• Position requires knowledge and experience of contracting concepts, contract interpretation, proposal preparation, protests, dispute resolution.

• Knowledge and experience negotiating a wide variety of agreements, including non-disclosure agreements, evaluation agreements, subcontracts, and software license agreement s .

• Must be able to work under the pressure of deadlines and demands of a variety of business clients and contract counterparties.

• Experience in implementing projects and making improvements to processes

Qualifications:

• Bachelor ’ s Degree with 4 + years of commercial contracts management experience.

• Excellent negotiation skills; has a successful track record of negotiating customer contracts.

• Experience influencing and collaborating with internal teams and external customers.

• Excellent communication and presentation skills.

• Excellent time management and prioritization skills.

Morningstar is an equal opportunity employer.

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We’ve found that we’re at our best when we’re purposely together on a regular basis, at least three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you’ll have tools and resources to engage meaningfully with your global colleagues.

301_MstarEurLtd Morningstar Europe Ltd (UK) Legal Entity