Contract Management- Senior Manager

Cellco Partnership; Basking Ridge (NJ); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Verizon is seeking a Contract Manager to join the Global Strategic Sourcing group. The role focuses on commercial contracts covering network equipment, IT, software, maintenance, and construction.

You will review, negotiate, and manage terms with suppliers, while collaborating with Category Sourcing Experts, internal partners, and legal. This hybrid position may sit in any Verizon hub location in the continental US.

Qualifications

• Bachelor's degree plus 4+ years of work experience.
• Six+ years of relevant experience.
• 4+ years in contract management or sourcing.
• Experience handling multiple deliverables.
• Experience with contract drafting skills.
• Willingness to travel up to ~25%.

Responsibilities

• Review supplier terms and conditions, assess risk, and recommend Verizon's response.
• Lead drafting and negotiation of terms with suppliers.
• Ensure flow-down terms are incorporated in contracts/SOWs.
• Coordinate with Category Sourcing Experts and legal partners.
• Negotiate with suppliers and obtain final contract approvals.
• Prepare contract templates for RFPs and maintain language updates.
• Identify and resolve contract-related supplier issues and escalations.
• Consult senior management on current and potential issues.
• Manage and audit CPNI procedures for US Sourcing per FCC rules.
• Hybrid work arrangement; sit at Verizon hub or remote locations in the continental US.

Skills

Contract management

Sourcing

Contract drafting

Negotiation

Risk assessment

Travel willingness

Education

Bachelor's degree

Juris Doctorate / Master's

Tools

DocuSign Insight/SEAL

Job description

When you join VerizonYou want more out of a career. A place to share your ideas freely - even if they're daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love - driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together - lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the #VTeamLife.

Verizon's Sourcing team is transforming the Global Strategic Sourcing Group and seeks dynamic professionals who are interested in joining our team. Verizon seeks a professional with strong experience in commercial contract covering such areas such as network equipment and infrastructure (including cloud), IT, software development and licensing, maintenance services, construction and manufacturing. The Contract Manager (CM) position is responsible for commercial contract review, advice and management of all contractual documents, working in partnership with the Category Sourcing Experts, suppliers, internal business and legal departments to negotiate, co-ordinate, develop and agree robust legal and commercial terms and conditions with Verizon's suppliers. The CM acts as an advisor and/or expert for contract related issues and must apply critical thinking skills and work independently to make sound business decisions on behalf of Verizon. Day to day work of the CM requires significant interpretation of diverse contractual issues as well as the ability to identify any potential risk factors that the business needs to consider for the execution of the relevant contract. The role also requires ongoing contract compliance and issue resolution as needed after contract execution. The CM also works closely with internal audit, as necessary, and Supplier's auditors to resolve contract compliance issues.

Additional responsibilities include:

• In accordance with Verizon's priorities, review supplier requests for changes to the terms and conditions of contracts, assess risk of implementing changes, and recommend Verizon's response.
• Providing leadership in drafting and negotiating terms and conditions with suppliers;
• Ensuring all customer-required flow down terms are appropriately handled in Supplier contract/SOW.
• Acting as the liaison and providing leadership among Category Sourcing Experts, internal business partners, legal and supplier.
• Coordinating with Verizon Legal support to negotiate contract issue resolution with the supplier and secure final approval of the relevant contract.
• Working collaboratively with Category Sourcing Experts to ensure that all contract document templates are properly prepared for Request for Proposal (RFPs).
• Resolving and responding to contractual related supplier issues and/or questions.
• Meeting with legal counsel to clarify and negotiate complex sourcing contractual issues and or other supplier concerns.
• Interpreting contractual rights and obligations to business partner and Category Sourcing Experts.
• Serving as the primary SME and administrator for the Sourcing organizaztions's Contract Digitization tool (DocuSign Insight/SEAL), providing cross-functional training, custom reporting (Legal, Privacy, TPRM), and key stakeholder support while leading operational initiatives such as the platform's cloud migration.
• Ensuring that current Verizon standard language, including updated terms and conditions, is added to all contracts, as appropriate.
• Managing supplier dispute resolution through formal or informal dispute resolution channels.
• Reviewing and interpreting Sourcing and Corporate policy requirements.
• Consulting escalations to senior management of current and potential issues.
• Managing and auditing CPNI operating procedures for US Sourcing organization to ensure compliance with the FCC CPNI rules.

In this hybrid role, you may sit out of any Verizon hub office location in the continental US.

What we are looking for...

You’ll need to have:

• Bachelor's degree four or more years of work experience.
• Six or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.
• Four or more years experience in contract management and/or sourcing position.
• Experience managing concurrent deliverables.
• Experience with contract drafting skills.
• Willingness to travel up to approximately 25% of the time.

Even better if you have one or more of the following:

• A degree.
• Juris doctorate, master's, or equivalent advanced degree.
• Experience negotiating and managing agreements with significant annual spend.
• Experience with procurement contract risks.
• Experience with procurement contract clauses and principles.
• Experience managing multiple concurrent deliverables in a very dynamic and variable environment w