Contract Analyst - Legal Department - FT - Days - MHS

Memorial HealthcareRockville, MD
1d

About The Position

At Memorial, we are dedicated to improving the health, well-being and, most of all, quality of life for the people entrusted to our care. An unwavering commitment to our service vision is what makes the difference. It is the foundation of The Memorial Experience. Summary: The Contract Analyst is responsible for analyzing, drafting, negotiating complex contracts to ensure compliance with Memorial’s policies, departmental protocols, legal requirements, regulatory standards, and business objectives. This role involves conducting thorough contract reviews, identifying risks, drafting and amending contract language, and collaborating with internal stakeholders, including legal, procurement, and finance teams.

Requirements

  • ACCOUNTABILITY
  • ACCURACY
  • CUSTOMER SERVICE
  • DEVELOPS RELATIONSHIPS
  • EFFECTIVE COMMUNICATION
  • MANAGE BUSINESS PRIORITIES
  • PROBLEM SOLVING
  • RESPONDING TO CHANGE
  • STANDARDS OF BEHAVIOR
  • Masters (Required)
  • Complexity of Work: This role requires strong analytical skills, attention to detail, and expertise in contract law, as well as effective communication, sound judgment, and the ability to work independently. The incumbent must be able to perform effectively under pressure and take appropriate action when necessary.
  • Three (3) years of “hands on” contract experience required, preferably in healthcare.
  • Bachelor's degree in Business Administration or related field required

Nice To Haves

  • Master's degree or Juris Doctorate preferred

Responsibilities

  • Trains and supports new team members, sharing best practices and tools for effective contract administration.
  • Ensures accurate data entry and maintenance of contract records in compliance with organizational policies.
  • Monitors regulatory changes to align internal processes and policies with evolving legal and industry standards.
  • Collaborates with internal stakeholders to incorporate feedback and align contract language with business preferences.
  • Demonstrates expert proficiency in Microsoft Office and contract management software to optimize workflow accuracy and efficiency.
  • Maintains deep knowledge of healthcare and government contracting laws to ensure regulatory and policy compliance.
  • Interprets and explains contract terms clearly to non-legal internal stakeholders to support informed decision-making.
  • Conducts due diligence by collaborating with Legal, Compliance, and Business teams to ensure alignment with legal and organizational policies.
  • Provides proactive updates and guidance to internal clients throughout the contract drafting stages and lifecycle to ensure transparency and progress.
  • Applies strong analytical, and legal drafting skills to develop precise, compliant contractual documents while meeting or exceeding key performance indicators.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

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