Legal Procurement Advisor

KeyCorp; Brooklyn (OH); Hybrid; USD 71,000 - 125,000; Full time

Job summary

The Procurement Legal Advisor at KeyCorp partners with procurement strategists to ensure contracts reflect business goals and risk tolerances. You will negotiate standard procurement agreements, advise on regulatory compliance, and provide timely legal counsel across the procurement function.

Working with risk groups and internal clients, you will draft, review, and negotiate high volumes of contracts while staying abreast of evolving laws affecting financial services procurement and delivering

Qualifications

• 3+ years of relevant experience with procurement and contracts.
• Knowledge of financial services regulatory environment (preferred).
• Ability to work in a fast-paced environment.

Responsibilities

• Provide procurement legal contract support for assigned clients.
• Draft and negotiate contracts.
• Perform legal research involving procurement issues.
• Provide timely legal counsel to associate procurement strategists.

Skills

Accountability

Effective Collaboration

Client Focus

Business Acumen

Developing Self

Education

Juris Doctorate

Bar License

Job description

Location

4900 Tiedeman Road, Brooklyn Ohio

Job Summary

Responsibilities of the Procurement Legal Advisor: Responsibilities for the Procurement Legal Advisor within the Key Procurement Department include understanding and negotiating standard procurement agreements; providing advice on regulatory compliance and legal requirements applicable to procurement contracts; and participating in procurement negotiations. The role ensures that desired business and legal terms and conditions are accurately captured in each agreement and that contracts appropriately reflect Key’s risk tolerances. This position works closely with internal risk partners and internal clients to ensure business and regulatory requirements are met and provides legal counsel primarily to procurement strategists.

Success Criteria

Success in this role includes the ability to effectively negotiate a high volume of agreements and efficiently manage the standard procurement agreement process. The Procurement Legal Advisor works collaboratively with KeyCorp risk groups and lines of business to assess business needs and associated risks and ensures that all procurement contracts comply with applicable laws and regulations.

Essential Functions

• Act as knowledgeable business partner by providing competent and effective legal advice and support.
• Provide procurement legal contract support for assigned clients with focus on obtaining business objectives while adequately addressing associated risks.
• Perform legal research involving procurement issues.
• Provide prompt legal counsel primarily to associate procurement strategists.

Desired Outcome

Client requests receive timely and collegial responses providing final resolution or an acceptable date for completion/delivery. Workload for diverse client base, including diverse requests, is organized and prioritized in accordance with reasonable delivery dates. Clients’ procurement needs are met to allow Key to maintain a competitive advantage and procurement savings targets of the organization.

Key Contracts & Negotiation

• Effectively draft and negotiate contracts.
• Participate in the contract negotiation process.
• Identify and perform critical analysis of significant legal issues involving the procurement of goods and/or services.
• Utilize high-quality oral and written communication skills.
• Work with other legal professionals, including those in the Key Law Group and outside counsel.

Desired Outcome

Contracts are completed within a reasonable time and adequately address the business needs while protecting Key’s interests.

Risk Management

• Identify and effectively manage risk.
• Identify risk issues and integrate the appropriate language into the agreement to mitigate such risk.
• Collaborate with compliance and risk groups to identify, assess, and mitigate risk.
• Elevate critical risk issues to line of business senior management as appropriate.
• Keep informed of latest legal and regulatory trends.

Desired Outcome

Sound legal judgment resulting in reasonable risk-appropriate decisions.

Relationship Management

• Develop effective and collaborative relationships.
• Develop and maintain strong collaborative and collegial relationships with clients, procurement and law group colleagues.
• Develop and maintain collaborative and collegial relationships with outside attorneys and industry representatives.
• Treat co-workers, clients, and external contacts with professionalism and respect.
• Participate in project teams and support other lines of business as requested.

Desired Outcome

Support partners, clients and co-workers and be known as being an approachable, responsive, and knowledgeable resource. Gain respect of co-workers, clients, senior management, and external contacts.

Education

• Bachelor’s Degree, and Juris Doctorate.
• License to practice law and in good standing.

Work Experience

3+ years of relevant experience. Proficient in researching, drafting, and negotiating legal agreements. Good written and communication skills. Ability to work independently. Ability to understand and work within the business, compliance, and regulatory environment associated with procurement and the financial services industry. Ability to develop technical, legal, and business knowledge in relevant areas, and willingness to develop cross-functional knowledge. Ability to organize information, recommend solutions, communicate, and collaborate with legal and business professionals. Knowledge of financial services industry and regulatory environment (preferred). Knowledge of commercial law and procurement/supply chain processes (preferred). Ability to work in a fast paced environment (preferred). Attendance at continuing legal education seminars and professional forums that provide timely information on developments in the industry (preferred).

Essential Competencies and Skills

• Accountability: Keeps promises and honors commitments; accepts responsibility for mistakes and failures and learns from them; honors commitments and demonstrates open, honest communication.
• Effective Collaboration: Identifies and involves the right stakeholders to make decisions and maximize results; readily shares information, knowledge, best practices, and ideas with teammates; leverages opportunities and capabilities across the team to accomplish goals; attentive and active listener; has the patience to hear people out; can accurately restate the opinion of others even when he/she disagrees.
• Client Focus: Dedicated to meeting the expectations and requirements of internal clients; acts with shareholder value in mind; establishes and maintains effective relationships with and gains their trust and respect.
• Business Acumen: Knows how businesses work; knowledgeable in current and possible future policies, practices, trends, and information affecting his/her business and organization; knows the competition; is aware of how strategies and tactics work in the marketplace.
• Developing Self: Takes ownership of personal development plan and seeks opportunities to further develop professional effectiveness.

Core Competencies

All KeyBank employees are expected to demonstrate Key’s Values and abide by Key’s Code of Conduct.

Physical Demands

General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Work Location Category

Hybrid (3+ days)

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $71,000.00 - $125,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives. Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date

10/17/2026

Equal Opportunity Employment

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [e-mail].

About KeyBank

KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You’ll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.