Contract Manager II (Remote in KC Metro)
About The Position
As a Contracts Manager, you will review, draft, and negotiate terms with third-party suppliers for a wide variety of services, including software license/implementation/maintenance, financial products and services, subscriptions, property maintenance/construction, marketing, training and consulting. You will partner closely with internal stakeholders including Legal, Risk, Compliance, Information Security, Finance, and Business Operations to ensure contract terms meet applicable standards and adequately protect UMB interests. You will use contracts management software to generate and document all third-party supplier contracts. The Contracts Manager is responsible for working with finance and associated business unit to budget and track new spend, ongoing renewals, software license, maintenance, support, subscriptions, and/or other third-party contract commitments. This position reports to the Senior Vice President, Legal Counsel – Contracts. Working for UMB is about collaborative spirit with internal stakeholders, entrepreneurial pride, encouraging creativity, rewarding success, having fun winning business, community involvement, and working directly with the decision makers.
Requirements
- Bachelor's degree and 5 years experience in contracts/legal, risk, procurement, financial services or other relevant experience OR Advanced degree and 2 years related experience in contracts/legal, procurement, financial services, or other relevant experience
Nice To Haves
- Certified Professional Contract Manager (CPCM) or hold other relevant industry certifications.
- Experienced with negotiating software license agreements, cloud computing agreements, or other technology related contracts.
Responsibilities
- Negotiate contractual terms and conditions with third-party suppliers.
- Review contract language to identify and analyze potential risks.
- Serve as point of contact while working with other internal stakeholders to maximize contractual protections and cost savings for UMB.
- Use internal risk software to understand potential contract risks identified by internal stakeholders.
- Assist internal stakeholders with vendor research as needed to support company initiatives and engagements.
- Coordinate and participate in meetings with internal stakeholders and third-party supplier representatives during contract negotiations.
- Support UMB end users with comprehension of contract terms related to moderately complex agreements to facilitate appropriate review and approval of terms.
Benefits
- Paid Time Off
- 401(k) matching program
- Annual incentive pay
- Paid holidays
- Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings, flexible spending, and dependent care accounts
- Adoption assistance
- Employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- Associate wellbeing program
- Associate emergency fund
- Various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
