Strategic Contracts Lead: Lifecycle & Risk

4520 Marathon Petroleum Logistics Services LLC; Denver (CO); On-site; USD 81,000 - 140,000; Full time

Job summary

Marathon Petroleum Corporation in Denver, CO is seeking a contract lifecycle professional responsible for managing the full contract lifecycle, including review, execution, renewal, and documentation. You will work with internal and external stakeholders to align on contractual terms.

The role emphasizes risk assessment, compliance with legal standards, and the development of process improvements to optimize contract management. A Bachelor's degree and several years of experience are required.

Qualifications

• Bachelor's degree in a relevant field.
• 4 years of contract lifecycle experience.

Responsibilities

• Reviews and analyzes contractual agreements to ensure compliance with legal and organizational standards; evaluates for additional legal review and engages relevant stakeholders as needed
• Identifies and mitigates potential risks associated with contract terms and conditions
• Provides recommendations for contract modifications based on legal and business considerations
• Manages the entire contract lifecycle, from initiation and drafting to execution and renewal
• Maintains a centralized repository of contracts and ensures accurate and timely documentation
• Monitors contractual obligations and deadlines
• Develops strategies to minimize contractual risks and maximize opportunities
• Communicates contract-related information to internal and external stakeholders; collaborates cross-functionally to ensure alignment on contractual matters
• Identifies opportunities for process improvements in contract management and contributes to the development of best practices
• Coordinates or supports activities related to contract audits
• Monitors monthly reports and documents adherence
• Develops strong relationships with key business partners

Education

Bachelor's Degree

4 years of experience

Job description

Marathon Petroleum Corporation in Denver, CO is seeking a contract lifecycle professional responsible for managing the full contract lifecycle, including review, execution, renewal, and documentation. You will work with internal and external stakeholders to align on contractual terms.

The role emphasizes risk assessment, compliance with legal standards, and the development of process improvements to optimize contract management. A Bachelor's degree and several years of experience are required.