Contract Manager II

Crump Life Insurance Svcs Inc; Atlanta (GA); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

401k plan

Job summary

Truist is seeking an experienced contracts attorney to review, draft, and negotiate supplier contracts across internal divisions and external vendors. You will partner with Legal, Sourcing, and Risk to allocate risk, structure agreements, and ensure regulatory compliance aligned with Truist’s objectives.

The role requires a Master’s degree or JD plus substantial experience in contract law and vendor negotiations, with in-office requirements and no remote option in certain locations.

Qualifications

• Bachelor’s degree and 5 years related experience; Master’s degree or J.D. and 2-3 years of related experience
• Proven ability to work in a fast-paced environment, managing a high volume of work in a timely manner
• Legal aptitude and understanding of relationships between and among contract provisions
• Strong relationship management skills and the ability to gain trust and confidence of senior leaders within organization
• Excellent interpersonal and problem-solving skills

Responsibilities

• Prepare, analyze and negotiate various agreement types including: Statements of Work, Schedules, Software as a Service Agreements, Software Licensing Agreements, Hardware Acquisition and Support Agreements, Amendments, Change Orders and Non-Disclosure Agreements.
• Represent Truist in negotiations with external suppliers and supplier’s legal or contract representative.
• Work closely with legal, sourcing and risk experts to ensure contracts align with objectives and risk allocations.
• Ensure supplier contracts comply with law, regulation, and Truist risk appetite.
• Escalate complex legal issues to Truist Legal and assist in resolution.

Skills

Legal aptitude

Relationship management

Interpersonal skills

Problem-solving

Communication

Education

Bachelor’s degree

Master’s degree or J.D.

Tools

Ariba

Archer

EGRC

Job description

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)

Please review the following job description: Responsible for reviewing, drafting, and negotiating supplier contracts between Truist entities and external suppliers and service providers. Provide guidance and effective challenge as a first line of defense control function for the implementation of processes and the negotiation of the corporation’s contracts with its suppliers.

Candidate must have a Master's degree or J.D.

LOCATION: Truist in-office requirement is 5 days per week

Please note: candidate must be located in the following location: Charlotte, NC Atlanta, GA No remote or telecommute option

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Prepare, analyze and negotiate various agreement types including: Statements of Work, Schedules, Software as a Service Agreements, Software Licensing Agreements, Hardware Acquisition and Support Agreements, Amendments, Change Orders and Non-Disclosure Agreements. Represent Truist in negotiations with external suppliers and supplier’s legal or contract representative.
• Work closely with legal, sourcing and risk experts to ensure sourced supplier contracts are structured with appropriate risk allocation provisions and mechanisms to assure the supplier’s performance meets Truist’s business objectives within the agreed costs and schedules.
• Work within the framework of regulatory guidance and company policies to ensure supplier contracts are compliant with law and regulation, and within Truist risk appetite.
• Maintain a strong working knowledge of internal guidelines related to supplier contracts, and customize contract language within those guidelines to address specific business issues.
• Escalate complex legal issues to Truist Legal and assist in resolution.
• Interpret contractual language and advise stakeholders on legal and commercial risks, along with best practices for risk mitigation.
• Provide authoritative guidance to internal business teams on corporate goals and objectives relating to contract activity.
• Draft contract summaries detailing material deviations from Truist standards.
• Host meetings with Service/Supplier Manager to review contract summaries and ensure the end-user’s understanding of business and legal terms, including service levels.
• Develop and maintain strong relationships with internal clients, sourcing teammates, Truist Legal, and suppliers to advance negotiation strategy for supplier contracts.

Required Qualifications

• Bachelor’s degree and 5 years related experience; Master’s degree or J.D. and 2-3 years of related experience
• Proven ability to work in a fast-paced environment, managing a high volume of work in a timely manner
• Legal aptitude and understanding of relationships between and among contract provisions
• Strong relationship management skills and the ability to gain trust and confidence of senior leaders within organization
• Excellent interpersonal and problem-solving skills

Preferred Qualifications

• Prior experience with Ariba, Archer, and EGRC

Benefits

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.

Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.

Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.

For more details on Truist’s generous benefit plans, please visit our Benefits site.

Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Equal Opportunity Statement

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law.

Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work

About Truist

Truist is a purpose-driven financial services company, formed by the historic merger of equals of BB&T and SunTrust. We serve clients in a number of high-growth markets in the country, offering a wide range of financial services. At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities. Learn more about Truist on truist.com.