Senior Contracts Specialist (Med Dev or similar required supporting hospitals)
About The Position
The Senior Contracts Specialist drafts, reviews, negotiates, and administers a broad range of tenders, proposals, and commercial contracts. The role evaluates commercial and legal risks, recommends contract structures and terms to manage risk, and supports contract compliance, diligence, and reporting. The specialist advises internal departments on contractual legal, regulatory, and business obligations and escalates issues to associate or general counsel as appropriate. The position oversees the end-to-end contract process, from drafting complex commercial agreements and managing negotiations to monitoring and reporting contract compliance across business units. It involves frequent written and verbal interaction with internal and external stakeholders and resolving complex commercial transactional and compliance issues. Experience supporting hospitals in the medical device or a similar industry is strongly required.
Requirements
- Bachelor's degree or equivalent work experience, including experience handling complex tenders where applicable.
- Five to seven years of professional experience in a law firm or corporate contract management setting.
- Prior healthcare industry experience in Medtech, Biotech, Pharma, or Lifesciences, working directly with hospitals.
- Strong understanding of legal issues and risks relevant to commercial contracting.
- Working knowledge of Public Tender Law where applicable.
- Solid understanding of contracting in life science companies, including development, clinical, and commercial contract processes.
- Ability to produce high-quality routine work with general to minimal supervision.
- Demonstrated analytical and problem-solving skills.
- High level of integrity and professionalism.
- Strong written, verbal communication, and listening skills.
- Ability to develop and deliver effective presentations.
- Excellent time-management and organizational skills.
- Ability to handle multiple priorities simultaneously.
- Excellent collaboration and team-building skills.
- Ability to maintain composure under pressure and influence internal and/or external constituents.
- Process-improvement orientation, attention to detail, and decision-making skills.
- Advanced knowledge of Microsoft Office applications.
Nice To Haves
- Paralegal degree.
- Advanced university degree in law or a related business field.
- Oracle knowledge.
Responsibilities
- Revise, edit, and prepare redlines of complex commercial contracts, including master services agreements, capital equipment purchase agreements, public tenders, group purchasing agreements, software agreements, collaboration agreements, development agreements, and vendor agreements; negotiate non-customer-facing agreements as requested.
- Evaluate commercial and legal risks to the company and recommend contract structures or terms for effective risk management.
- Analyze contractual and tender obligations, assess risks or unfavorable language, and elevate issues to the Legal Department and other applicable stakeholders.
- Advise Commercial teams on critical contractual and regulatory issues, potential legal options, and possible solutions.
- Assist with periodic reviews of contract templates, playbooks, company guidelines, and contract policies and procedures.
- Manage the contract management system and ensure timely processing of contracts from initial request through execution.
- Lead updates and maintenance of legal terms and conditions in the contract management system.
- Draft template contracts, correspondence, memoranda, and other documentation as needed.
- Assist with compliance and diligence matters related to commercial transactions.
- Analyze reports and customer results against contracts; advise the Legal Department about results, compliance concerns, and trends.
- Keep current with company standards, trends, product offerings, and business models.
- Serve as liaison between internal stakeholders and legal counsel as appropriate.
- Manage stakeholder communications and follow-up to support customer service and visibility throughout the contract process.
- Research regulatory trends and public tender laws to anticipate and mitigate legal risks.
- Provide timely, detail-oriented legal support in a fast-paced environment.
- Participate in other projects as requested.
Benefits
- 401(k) with up to a 6% employer match and no vesting period.
- Employee stock purchase plan.
- Flexible time off for salaried employees.
- For hourly employees, accrual of three to five weeks of vacation annually based on tenure.
- Accrual of up to 64 hours of paid sick time annually.
- Paid and/or floating holidays.
- Parental leave.
- Short- and long-term disability insurance.
- Tuition reimbursement.
- Health and welfare benefits.
- Discretionary annual bonus eligibility for non-sales roles.
- Potential eligibility to participate in the Company's long-term incentive plan.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
