Senior Contracts Manager

CVS Health; Northbrook (IL); Hybrid; USD 75,000 - 183,000; Full time

Benefits offered by this job

Comprehensive benefits

Hybrid work schedule

Bonus eligibility

Job summary

CVS Health is seeking a Senior Contracts Manager to lead negotiation, development, and execution of complex IT and Non‑IT agreements powering our enterprise. You will guide a contracting team, partner with senior executives, and influence strategic initiatives across the organization.

Responsibilities include drafting and finalizing vendor contracts, advising on risks and strategy, and collaborating with Legal, Sourcing, Security, Privacy, Tax, and Finance to ensure compliance and value.

Qualifications

• 7+ years professional experience.
• 5+ years contracts experience, including drafting and negotiating complex agreements.
• 3+ years advising senior leaders on contract risks and strategy.
• Proven ability to manage high-volume, high-complexity negotiations.
• Hybrid schedule at a CVS HUB: Tuesday, Wednesday and two Thursdays a month.

Responsibilities

• Lead drafting, negotiation, and finalization of complex vendor contracts while managing risk and maximizing enterprise value.
• Advise senior leaders on legal, commercial, and compliance risks.
• Partner with Legal, Sourcing, Security, Privacy, Tax, Finance, and other SMEs to ensure policy alignment.
• Support enterprise initiatives including supplier integration, M&A activities, and cost-saving projects.
• Manage and mentor a high-performing team across multiple locations.
• Maintain and enhance contract templates, processes, and purchasing policies.
• Provide guidance on contractual rights/obligations and supplier performance improvements.
• Represent Procurement in business reviews, stakeholder meetings, and education sessions on contracting best practices.

Skills

Contract negotiation

Contract risk advisory

Leadership & mentoring

Cross-functional collaboration

Stakeholder management

Education

Bachelor's degree or equivalent

MBA preferred

Tools

Ariba

Job description

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

Position Summary

Join CVS Health as a Senior Contracts Manager and lead the negotiation, development, and execution of complex IT and Non‑IT agreements that power our enterprise. In this high‑impact role, you'll guide a team of contracting professionals, partner with senior executives, and influence strategic initiatives across the organization.

Primary Responsibilities

• Lead drafting, negotiation, and finalization of complex vendor contracts while managing risk and maximizing enterprise value.
• Serve as the escalation point for contract issues, advising senior leaders on legal, commercial, and compliance risks.
• Partner across Legal, Sourcing, Security, Privacy, Tax, Finance, and other SMEs to ensure alignment with policies and regulations.
• Support enterprise initiatives including supplier integration, M&A activities, and enterprise‑wide cost‑saving projects.
• Manage and mentor a high‑performing team across multiple locations.
• Maintain and enhance contract templates, processes, and purchasing policies.
• Provide guidance on contractual rights/obligations and support supplier performance, compliance, and improvement efforts.
• Represent Procurement in business reviews, stakeholder meetings, and educational sessions to reinforce contracting best practices.

Required Qualifications

• 7+ years professional experience
• 5+ years contracts experience, including drafting and negotiating complex agreements
• 3+ years advising senior leaders on contract risks and strategy
• Proven ability to manage high‑volume, high‑complexity negotiations
• Ability to work a hybrid schedule at a CVS HUB: Tuesday, Wednesday and two Thursdays a month.

Preferred Qualifications

• Experience with Ariba (or similar contract management systems)
• Experience in healthcare or retail procurement
• JD, MBA, or relevant advanced degree
• Professional certifications (C.P.M., C.P.P.O., C.F.C.M., C.P.C.M.)
• Experience leading and developing teams

Education

• Bachelor's degree required or similar experience required

This is a hybrid role requiring Tuesday and Wednesday in office at any of our hubs and is not available for sponsorship.

Pay Range

The typical pay range for this role is:

$75,400.00 - $182,549.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.

This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 09/28/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.