Contract Manager II

Truist; Charlotte (NC); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life insurance

Disability Insurance

401k plan

Paid holidays

Job summary

Truist is seeking a qualified contracts attorney to review, draft, and negotiate complex supplier agreements for the organization. The role involves coordinating with Legal, Sourcing, and Risk teams to ensure robust risk allocation and regulatory compliance.

You will represent Truist in supplier negotiations and provide clear guidance on contract terms to internal stakeholders. The position requires a strong legal background, excellent communication skills, and the ability to manage multiple

Qualifications

• Bachelor’s degree and 5 years of related experience.
• Master’s degree or JD with 2–3 years of related experience.
• Ability to manage a high-volume workload in a fast-paced environment.
• Strong relationship management and ability to gain trust of senior leaders.
• Excellent interpersonal and problem-solving skills.

Responsibilities

• Review, draft, and negotiate supplier contracts.
• Represent Truist in negotiations with suppliers and service providers.
• Collaborate with legal, sourcing and risk teams to ensure proper risk allocation.
• Ensure contracts comply with laws, regulations and internal policies.
• Escalate complex legal issues to Truist Legal and assist in resolution.
• Interpret contract terms and advise on legal and commercial risks.
• Provide guidance to internal teams on contracting goals and objectives.
• Draft contract summaries detailing material deviations from Truist standards.
• Host meetings with stakeholders to review contract summaries and terms.
• Develop relationships to advance negotiation strategy for supplier contracts.

Skills

Contract negotiation

Legal drafting

Risk assessment

Stakeholder management

Attention to detail

Education

Bachelor's degree

Advanced degree (JD/LLM/Master)

Tools

Ariba

Archer

EGRC

Job description

Need Help?

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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.

• 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.

LOCATION:

• Truist in-office requirement is 5 days per week**

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

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

• Medical
• Dental
• Vision
• Life insurance
• Disability
• Accidental death and dismemberment
• Tax-preferred savings accounts
• 401k plan
• 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
• 10 sick days (also prorated)
• Paid holidays
• Defined benefit pension plan
• Restricted stock units
• Deferred compensation plan

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.

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