Contracts Attorney

Needham Bank-posted 2 months ago
Full-time • Mid Level
Hybrid • Wellesley, MA
251-500 employees
Credit Intermediation and Related Activities
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We are seeking a detail-oriented and experienced Contracts Attorney to join our legal team. In this role, you will be responsible for reviewing, drafting, negotiating, and managing a wide variety of contracts including Master Services Agreements (MSAs), Statements of Work (SOWs), Software-as-a-Service (SaaS) agreements, and consulting agreements. You will play a key role in helping ensure contract terms meet legal, regulatory, policy and business requirements. Working under the guidance of the General Counsel, you will assist with streamlining contracting processes, implementing and finalizing standard templates, and supporting cross-functional teams across the bank. Success in this role requires creating contract documentation and engaging in vendor negotiations and discussions with business team members that balances the legal risk with the business needs of the Bank, keeping in mind the contract and vendor risks. In addition to managing contracts, you will work with vendor management on contract lifecycle matters that involve legal, including monitoring contract expiration dates, assuring risk assessments are complete where applicable, applicable due diligence other applicable vendor matters.

  • Manage the legal redlining and negotiation of each vendor contract (either alone or with others) to bring contract to timely resolution.
  • Help implement standardized processes, templates, and guidelines to streamline contract negotiation workflows.
  • Serve as an advisor to the General Counsel and other senior leaders on contracts matters.
  • Conduct legal research and provide support on special projects related to vendor risk, compliance, and contract management.
  • Strong attention to detail, ability to manage multiple priorities on tight timelines.
  • Excellent written and verbal communication skills.
  • Provide legal advice and guidance, and collaborate with other internal stakeholders on contractual rights, obligations, and risks.
  • Assist with contract lifecycle management, including organization, tracking, renewal, and termination processes.
  • Responsible for drafting, negotiating, and reviewing legal documents such as new and amendment contracts.
  • Work with Legal Contract Administrator regarding maintaining the electronic contract administration database.
  • Provide weekly status updates to the General Counsel and Vendor Management of all ongoing contracts.
  • Work with other stakeholders to grow our Vendor Management software system.
  • Assist General Counsel or other legal team personnel with non-contract items as needed.
  • Demonstrated expertise in contract negotiation and redlining, with attention to detail.
  • Experience with banking preferred.
  • Proficiency with legal technology platforms.
  • Excellent verbal and written communication skills, with the ability to collaborate effectively across functions.
  • Strong organizational, analytical, and problem-solving skills, with the ability to manage multiple priorities under tight deadlines.
  • Strong interpersonal and communication skills, with the ability to work independently and as part of a team.
  • Ability to adhere to Needham Bank's Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing)
  • 5+ years of experience in contracts management, with a focus on SaaS, BaaS and eCommerce industries.
  • Juris Doctor degree from an accredited law school required.
  • Member of Massachusetts bar in good standing with no prior incident.
  • Must be proficient in Microsoft Office Suite including Excel, Word, Outlook, and in SharePoint, and related software.
  • Needham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long term disability insurance, tuition reimbursement, and an Employee Assistance Program.
  • We offer a great benefit package to our eligible part-time employees as well.
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