Strategic Contract Manager: Negotiation & Compliance

Regions Financial Corporation

Birmingham (AL)

On-site

USD 84,000 - 115,000

Full time

3 days ago
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Job summary

Regions Financial Corporation in Birmingham, AL is seeking a Legal Contract Administrator to review, negotiate, draft, and manage vendor-related contracts. You will work with attorneys and stakeholders to ensure timely contracting outcomes and mitigate risk.

Responsibilities include handling end-to-end contracting processes, maintaining data on contract status, and utilizing CLM and e-signature tools. Strong negotiation and communication skills are essential.

Qualifications

  • Bachelor’s degree in related field and five (5) years of related experience
  • Or High School Diploma or GED and nine (9) years of related experience
  • Experience identifying contractual risk and applying established negotiation guidance and escalation standards
  • Experience negotiating terms related to vendor contracts

Responsibilities

  • Reviews, drafts, and negotiates vendor-related contracts using approved templates, playbooks, clause libraries, fallback positions, and escalation procedures
  • Identifies deviations from approved contracting standards and escalates material legal, regulatory, financial, operational, or reputational issues to the appropriate attorney or control function
  • Negotiates routine and previously approved contractual provisions within delegated authority
  • Reviews contract documents for accuracy, completeness, consistency, and alignment among related agreements
  • Manages assigned matters throughout the contracting process, including intake, internal review, negotiation, approval, execution, and record retention
  • Coordinates input and approvals from relevant departments and control functions and serves as a liaison among Legal, internal stakeholders, and vendors to facilitate contract completion
  • Supports the preparation of contract summaries, issue lists, negotiation trackers, and decision materials
  • Maintains accurate data regarding contract status, cycle time, volume, agreement type, risk level, negotiation outcomes, and escalation activity
  • Understands, maintains, and proactively communicates operational metrics, contracting trends, and broader business issues to leadership
  • Supports effective use of contract lifecycle management technology, electronic signature tools, workflow systems, and approved artificial intelligence (AI) tools
  • Maintains the confidentiality of attorney communications, legal advice, negotiation strategy, and other sensitive information
  • Coordinates work of various departments, and acts as liaison between the Bank and vendors to complete contracts
  • Reviews progress, evaluates results, performs data analysis, and escalates to management as necessary
  • Readily identifies risks, gaps, and issues and recommends changes in procedures to leadership
  • Leads changes associated with recommendations with minimal supervision
  • Understands, maintains, and proactively discusses operational metrics and larger business issues with leadership
  • Performs other responsibilities as assigned

Skills

Contract negotiation
Risk assessment
Legal documentation
Data analysis
Cross-functional collaboration
Communication
Leadership
Attention to detail

Education

Bachelor’s degree in related field
High School Diploma or GED

Tools

Ariba
Archer
Onit

Job description

Regions Financial Corporation in Birmingham, AL is seeking a Legal Contract Administrator to review, negotiate, draft, and manage vendor-related contracts. You will work with attorneys and stakeholders to ensure timely contracting outcomes and mitigate risk.

Responsibilities include handling end-to-end contracting processes, maintaining data on contract status, and utilizing CLM and e-signature tools. Strong negotiation and communication skills are essential.

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