Contracts Administrator

First Premier Bank-posted about 1 year ago

Full-time • Entry Level

Sioux Falls, SD

Credit Intermediation and Related Activities

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The Contracts Administrator will ensure accurate administration of all contracts in support of the business needs of PREMIER Bankcard. This role involves managing the contract management system, providing contract administration support, and ensuring data integrity and security. The position includes drafting, reviewing, and implementing contracts, as well as facilitating actions upon renewal, expiration, or termination.

Ensure all contracts are accurately recorded, regularly updated, and accessible to relevant stakeholders.
Identify, recommend, and implement advanced enhancements to contract management software to streamline processes, improve efficiency, and support contract owners in achieving compliance and operational goals.
Utilize Vendor Management product data and IT application data to perform analyses of compliance with legal requirements.
Proactively identify gaps and collaborate with stakeholders to develop and execute mitigation strategies.
Maintain an organized and comprehensive repository, ensuring the inclusion of appropriate metadata for efficient reporting to senior management.
Lead the preparation of materials and reports in response to examination and audit requests, ensuring thorough documentation and readiness for audits.
Develop, draft, review, and continuously update procedures related to contract management functions.
Oversee the drafting and sending of non-renewal and termination notices as needed.
Proactively manage the contract lifecycle to ensure timely renewals, terminations, and adherence to contractual obligations.
Perform various contract-related duties, including generating templates and assisting with the drafting and/or redlining of changes.

Bachelor's degree in law, business, accounting, or related field preferred.
Industry knowledge, legal operations background, and familiarity with contract management software is preferred.
Ability to plan, organize, prioritize, and oversee contract management activities efficiently.
Competence in using database reporting tools and techniques.
Advanced comprehension and communication skills in spoken and written languages.
Proficiency in Microsoft Office applications including Word, Excel, and Outlook.

Experience with contract management software.
Background in legal operations.

Full medical benefits when working 20+ hours per week
Traditional and High Deductible health plan options available
FREE dental and vision coverage
Generous Paid Time Off plans
401(k) - dollar-for-dollar match up to 5% of total compensation
Special discounts and offers for events at the Denny Sanford PREMIER Center
PREMIER Wellness Program
Paid Community Volunteer Hours - PREMIER averages 30,000 hours per year
Fun Employee Parties

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