Enterprise Contracts Counsel

Bank of Hope•Los Angeles, CA

18h•$200,000 - $225,000

About The Position

Manage a team of contracts professionals, including but not limited to, Contracts Manager, Contract Administrator, Enterprise Contracts Counsel. The Contracts Management and Development team will: draft, review, and negotiate contracts, such as non-disclosure agreements, professional services agreements, software-as-a-service agreements, statements of work, amendments, change orders, etc., within established guidelines to mitigate contractual risk. Establish and maintain contract guidelines that are compliant with FFEIC, FDIC, and other relevant regulatory agencies to mitigate contractual risk, while ensuring business goals and objectives are clearly defined in the contract(s). Develop and maintain standard contract templates and clauses. Collaborate with Third Party Risk Administration, Procurement and Sourcing, and Business Units to fully understand the business objectives and understand the risks arising out of the proposed engagement. Liaise directly with third parties during the negotiation through contract execution process actively leading the Bank of Hope team. Advise management of contractual rights, issues and obligations providing interpretation of terms and conditions. Identify high risk legal, commercial and other contractual issues, escalating and assisting in their resolution. Provide guidance to develop proper Service Level Agreements ensuring meaningful remedies are included by working with Vendor Risk and Sourcing and the requesting business unit. Responsible for the maintenance and on-going improvement of the Contracts Management and Development Program element within TPRM, including identifying opportunities to improve contract management processes, policies and procedures and devise plans to implement changes

Requirements

Juris Doctor (J.D.) degree from an accredited US law school
Licensed to practice law (California preferred)
Experience related to financial services company.
Experience in negotiating legal and business terms (10+ years).
Ability to create new procedures and workflows.
Ability to work cross-functionally with stakeholders and leadership.
Experience in presenting to senior management
Excellent negotiation skills
Exceptional collaboration and analytical skills
Excellent writing skills
Proven ability to manage multiple competing priorities simultaneously
Excellent organizational, interpersonal and communication skills
High attention to detail
Strong analytical and critical thinking skills
Proven ability to manage multiple competing priorities simultaneously

Responsibilities

Manage a team of contracts professionals, including but not limited to, Contracts Manager, Contract Administrator, Enterprise Contracts Counsel.
Draft, review, and negotiate contracts, such as non-disclosure agreements, professional services agreements, software-as-a-service agreements, statements of work, amendments, change orders, etc., within established guidelines to mitigate contractual risk.
Establish and maintain contract guidelines that are compliant with FFEIC, FDIC, and other relevant regulatory agencies to mitigate contractual risk, while ensuring business goals and objectives are clearly defined in the contract(s).
Develop and maintain standard contract templates and clauses.
Collaborate with Third Party Risk Administration, Procurement and Sourcing, and Business Units to fully understand the business objectives and understand the risks arising out of the proposed engagement.
Liaise directly with third parties during the negotiation through contract execution process actively leading the Bank of Hope team.
Advise management of contractual rights, issues and obligations providing interpretation of terms and conditions.
Identify high risk legal, commercial and other contractual issues, escalating and assisting in their resolution.
Provide guidance to develop proper Service Level Agreements ensuring meaningful remedies are included by working with Vendor Risk and Sourcing and the requesting business unit.
Responsible for the maintenance and on-going improvement of the Contracts Management and Development Program element within TPRM, including identifying opportunities to improve contract management processes, policies and procedures and devise plans to implement changes