Senior Analyst, Compliance

Thomson Reuters•Eagan, MN

1d•Hybrid

About The Position

The Contract Compliance Team is responsible for managing contracts and driving compliance activities for all types of contracts, including key federal, state, and local government. As a member of the Thomson Reuters (TR) Enabling Functions of the General Counsel’s Office, this role will report directly to the Manager of Contracts & Compliance. We are seeking an experienced Senior Analyst with strong experience in obligations management and implementing obligations management into Contract Lifecycle Management Systems (CLMS). This role acts as a safeguard against legal, financial, and reputational damage by fostering a culture of compliance across the organization.

Requirements

Ability to design and implement automated data extraction processes from CLMS, plus validate data accuracy to quality standards.
Working knowledge of the financial/customer-to-cash aspects of ERP systems, especially SAP tables and data structures.
Bachelor’s Degree in Business Administration, Supply Chain Management, Law, or related field from an accredited college.
Preferably 5+ years’ relevant experience in contract administration, legal, compliance or procurement roles.
Adept at analyzing and understanding contracts and various legal documents.
Excellent written and verbal English communication skills, plus exceptional organizational skills.
Ability to maintain productive working relationships with internal and external business customers.
Attention to detail, including follow-up and final resolution skills.
Analytical and problem solving/troubleshooting skills, technical aptitude; ability to learn technologies quickly.
History of compliance work with Government regulations

Nice To Haves

Familiarity with the CLMS and ERP technologies is beneficial.
Experience in a technology or software company preferred experience with contract management software.

Responsibilities

Obligation Identification & Mapping: Researching new laws, regulations, and industry standards to update company policies, procedures, and internal controls.
Tracking and Documentation: Maintain, monitor, and update compliance obligations in a centralized repository or system.
Auditing and Monitoring: Conducting regular internal audits and inspections to verify compliance, including desk and onsite reviews.
Risk Mitigation: Identifying compliance breaches, analyzing root causes, and recommending corrective actions to management.
Reporting: Preparing detailed reports on compliance status, findings from audits, and risk assessments for senior management.
Coordinating with Legal on contract requirements for obligation management.
Developing compliance training materials and presenting to business partners.
Collaborating heavily with key internal business partners (e.g., sales organization, finance, legal counsel, order mgmt.).
Preparing detailed documentation of processes and procedures.
Keeping accurate records and files related to Ownership of Obligations and best practices for Issue Management.
Contributing to ongoing development of best practices and streamlining of processes and tools for automation.
Leading contracts & compliance projects and initiatives, working closely with the Manager and colleagues.
Leading or assisting with miscellaneous projects as assigned, including ad hoc reports, or specific needs for the department.

Benefits

Flexible hybrid working environment (2-3 days a week in the office depending on the role)
Flex My Way supportive workplace policies
Work from anywhere for up to 8 weeks per year
Grow My Way programming
Flexible vacation
Two company-wide Mental Health Days off
Access to the Headspace app
Retirement savings
Tuition reimbursement
Employee incentive programs
Resources for mental, physical, and financial wellbeing
Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance
Two paid volunteer days off annually
Opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives
Market competitive health, dental, vision, disability, and life insurance programs
Competitive 401k plan with company match
Competitive vacation, sick and safe paid time off
Paid holidays (including two company mental health days off)
Parental leave
Sabbatical leave
Optional hospital, accident and sickness insurance paid 100% by the employee
Optional life and AD&D insurance paid 100% by the employee
Flexible Spending and Health Savings Accounts
Fitness reimbursement
Access to Employee Assistance Program
Group Legal Identity Theft Protection benefit paid 100% by employee
Access to 529 Plan
Commuter benefits
Adoption & Surrogacy Assistance
Access to Employee Stock Purchase Plan