Contract Specialist (Remote in Charlotte, NC)

Velocity•Charlotte, NC

34d•Remote

About The Position

Velocity is seeking to hire a Contract Specialist. The Contract Specialist is responsible for managing the lifecycle of contracts, including drafting, reviewing, negotiating, and ensuring compliance with organizational policies and legal requirements. This role will also have responsibility for organizing case files and assisting various legal processes. This role serves as a critical liaison between internal stakeholders and external parties, providing expertise to minimize risk, optimize terms, and ensure the smooth execution of agreements. In addition, this role requires strong analytical skills, attention to detail, and a solid understanding of legal principles to ensure the efficient management of legal matters and compliance with applicable laws and regulations. The Contract Specialist also is responsible for working with the Company’s Compliance Team in resolving regulatory problems and end user regulatory complaints. This opportunity reports to the Chief Legal, Risk and Data Compliance Officer. Preferred work location is remote in Charlotte, NC.

Requirements

Bachelor’s degree in business administration, law, or Associate’s degree in paralegal studies, legal studies, or related field.
3+ years of experience in contract management, procurement, or related role.
5+ years of experience as a paralegal.
Strong knowledge of contract law, terms, and conditions.
Proficiency in contract management software and tools (e.g., DocuSign, ContractWorks, or Coupa).
Excellent negotiation, problem-solving, and analytical skills.
Exceptional attention to detail and organizational abilities.
Strong written and verbal communication skills.
Ability to work independently and collaboratively in a fast-paced environment.
Strong organizational skills and the ability to manage multiple tasks and deadlines.
High level of discretion and professionalism when handling sensitive or confidential information.

Nice To Haves

Certified Paralegal (CP) or Advanced Certified Paralegal (ACP) from NALA or equivalent.
Certified Commercial Contracts Manager (CCCM) or Certified Professional Contract Manager (CPCM) preferred.

Responsibilities

Contract Drafting and Negotiation Draft, review, and negotiate contracts such as service agreements, vendor agreements, NDAs, and purchase orders. Collaborate with stakeholders to ensure terms and conditions align with organizational goals and policies.
Contract Lifecycle Management Manage the end-to-end contract process, including initiation, execution, renewal, and termination. Maintain an organized repository of all contracts, ensuring accessibility and version control. Track key milestones, such as expiration dates and deliverables, to ensure timely action Compliance and Risk Mitigation Ensure contracts comply with applicable laws, regulations, and organizational policies. Identify and mitigate risks associated with contractual agreements. Work with legal counsel on complex or high-risk contracts as necessary.
Stakeholder Collaboration Act as a point of contact for internal departments (e.g., legal, finance, procurement) regarding contract matters. Educate and advise stakeholders on contract standards, processes, and best practices. Continuous Improvement Identify opportunities to streamline and improve contract management processes. Stay updated on industry trends, legal developments, and best practices in contract management.
Document Preparation and Management Draft, review, and edit legal documents, including contracts, pleadings, affidavits, and correspondence. Assist in preparing discovery materials, trial exhibits, and case briefs. Ensure accurate formatting, proofreading, and filing of documents in compliance with court rules or organizational standards.