Job Summary:
We are transforming the Global Strategic Sourcing Group and seek a dynamic professional with strong experience in Contract Development.
The ideal candidate will have expertise in Professional Services, Finance Operations, HR/Benefits, Events/Travel, BPO, Contact Centers, Workforce Solutions, and Verizon direct sourcing (Network, IT, Tech Services, and Devices/Accessories).
Job Description:
The Contract Manager (CM) position is responsible for contract development and management of all contractual documents, working in partnership with the Sourcing Specialist, Suppliers, internal Business and Legal Departments to negotiate and develop robust legal and commercial terms and conditions with Verizon's Suppliers.
The CM acts as an advisor and/or expert for contract-related issues, applying critical thinking skills and working independently to make sound business decisions on behalf of the company.
Key Responsibilities:
* Interpret diverse contractual issues and identify potential risk factors that the business needs to consider for the execution of the agreement.
* Manage ongoing contract compliance and issue resolution as needed after contract execution.
* Work closely with Internal Audit, as necessary, and Supplier's auditors to resolve contract compliance issues.
Contract Development:
In accordance with Verizon's priorities and policies, review Supplier requests for changes to the terms and conditions of contracts, assess the risk of implementing changes, and recommend Verizon's response.
Provide leadership in drafting and negotiating terms & conditions with Suppliers, acting as the liaison and providing leadership among the Sourcing Specialist, Business Partner, Legal, internal SMEs, and Suppliers.
Coordinate with Verizon Legal support to negotiate contract issue resolution with Supplier and secure final approval of the appropriate Agreement.
Collaborate with Sourcing Specialist to ensure that all contract document templates are properly prepared for Request for Proposal (RFPs) and Resolve and respond to contractual related Supplier issues and/or questions.
Requirements:
* LLB, LLM, or BCL or equivalent degree.
* Telecom Network or IT experience.
* Experience in contract management or category sourcing position.
* Experience negotiating & managing agreements with significant annual spend.
* Project management experience.
* Strong understanding of procurement contract clauses and principles.
* Strong understanding of procurement contract risks and how to mitigate those risks.