Business Operations & Planning Specialist

Thomson Reuters•Minneapolis, MN

2d•Hybrid

About The Position

The Contract Compliance Team is responsible for managing contracts and driving compliance activities for all types of contracts, including key federal, state, and local government. As a member of the Thomson Reuters (TR) Enabling Functions of the General Counsel’s Office, this role will report directly to the Manager of Contracts & Compliance. We are seeking an experienced Sr. Analyst with strong experience in obligations management and implementing obligations management into Contract Lifecycle Management Systems (CLMS). This role acts as a safeguard against legal, financial, and reputational damage by fostering a culture of compliance across the organization. In this opportunity as Sr. Analyst, you will: Obligation Identification & Mapping: Research new laws, regulations, and industry standards to update company policies, procedures, and internal controls. Tracking and Documentation: Maintain, monitor, and update compliance obligations in a centralized repository or system. Auditing and Monitoring: Conduct regular internal audits and inspections to verify compliance, including desk and onsite reviews. Risk Mitigation: Identify compliance breaches, analyze root causes, and recommend corrective actions to management. Reporting: Prepare detailed reports on compliance status, findings from audits, and risk assessments for senior management. Coordinate with Legal on contract requirements for obligation management. Develop compliance training materials and present to business partners. Collaborate heavily with key internal business partners (e.g., sales organization, finance, legal counsel, order mgmt.). Prepare detailed documentation of processes and procedures. Keep accurate records and files related to Ownership of Obligations and best practices for Issue Management. Contribute to ongoing development of best practices and streamlining of processes and tools for automation. Lead contracts & compliance projects and initiatives, working closely with the Manager and colleagues. Lead or assist with miscellaneous projects as assigned, including ad hoc reports, or specific needs for the department.

Requirements

Bachelor’s Degree in Business Administration, Law, or related field from an accredited college.
Ability to design and implement automated data extraction processes from CLMS, plus validate data accuracy to quality standards.
Working knowledge of the financial/customer-to-cash aspects of ERP systems, especially SAP tables and data structures.
3- 5 years’ relevant experience in contract administration, legal, compliance, or procurement roles.
Adept at analyzing and understanding contracts and various legal documents.
Excellent written and verbal English communication skills, plus exceptional organizational skills.
Ability to maintain productive working relationships with internal and external business customers.
Attention to detail, including follow-up and final resolution skills.
Analytical and problem solving/troubleshooting skills, technical aptitude; ability to learn technologies quickly.
History of compliance work with Government regulations.

Nice To Haves

Familiarity with the CLMS and ERP technologies is beneficial.
Experience in a technology or software company preferred, including experience with contract management software.

Responsibilities

Obligation Identification & Mapping: Research new laws, regulations, and industry standards to update company policies, procedures, and internal controls.
Tracking and Documentation: Maintain, monitor, and update compliance obligations in a centralized repository or system.
Auditing and Monitoring: Conduct regular internal audits and inspections to verify compliance, including desk and onsite reviews.
Risk Mitigation: Identify compliance breaches, analyze root causes, and recommend corrective actions to management.
Reporting: Prepare detailed reports on compliance status, findings from audits, and risk assessments for senior management.
Coordinate with Legal on contract requirements for obligation management.
Develop compliance training materials and present to business partners.
Collaborate heavily with key internal business partners (e.g., sales organization, finance, legal counsel, order mgmt.).
Prepare detailed documentation of processes and procedures.
Keep accurate records and files related to Ownership of Obligations and best practices for Issue Management.
Contribute to ongoing development of best practices and streamlining of processes and tools for automation.
Lead contracts & compliance projects and initiatives, working closely with the Manager and colleagues.
Lead or assist with miscellaneous projects as assigned, including ad hoc reports, or specific needs for the department.

Benefits

Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.
Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
In the United States, Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health, dental, vision, disability, and life insurance programs, as well as a competitive 401k plan with company match. In addition, Thomson Reuters offers market leading work life benefits with competitive vacation, sick and safe paid time off, paid holidays (including two company mental health days off), parental leave, sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally, Thomson Reuters offers the following additional benefits: optional hospital, accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan.

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