Job Description
The Sr. Manager, Contract Management is responsible for leading the contract management function that supports Commercial and G&A functions in North America. They lead a small team who supports contract management for Commercial and G&A organizations, ensuring that all projects are kicked off quickly and compliantly, while working cross functionally with many groups including Strategic Sourcing, Third Party Risk Management Office (TPRMO), OBIE, Finance, Legal, Procurement and our external partners (vendors) to meet the needs of the NA organizations. Owns the contract management process across all the organizations in scope for support. Collaborates with International Legal, TPRMO, OBIE, Strategic Sourcing, Legal Operations and Finance leads to ensure all contracting related processes and initiatives align across functions.
Responsibilities
- Own accountability for delivery of timely and compliant contracts with suppliers and Health Care Entities to all of the Commercial and G&A organizations, amounting to ~4,500 contracts a year
- Ensure effective business operational support by the team
- Lead a team of outsourced resources, including responsibilities to onboard, train, set goals and monitor objectives and projects for the team
- Serves as point of escalations for concerns related to all contracts in scope
- Collaborates with TPRMO to ensure that all contract management processes are aligned with the risk management process
- Develop and execute strategic staffing plans to align team’s operational capabilities with increasing contracts volume and current contracting policies
- Partner cross functionally with colleagues in Legal, Sourcing, OBIE, AP and Procurement to identify and implement contract management process improvement opportunities that reduce complexity and drive efficiencies
- Drive contracting process excellence by regularly reviewing the contracting processes and support to ensure optimal calibration to specific business needs
- Serve as the contracting lead on special cross-functional projects triggered by new laws, regulations or company procedures
- Develop, organize, and conduct function-specific group trainings
- Executes contract management assurance and quality control related to risk reviews, redline management and execution to ensure adherence to related policies and SOPs
- Identifies and escalates third party risk issues and concerns as necessary
- Provides guidance and support to the business in all contract management related issues and questions
Knowledge and Skills:
- Bachelor's degree in relevant discipline from a 4-year College or University
- MBA degree a plus
Required Experience
• 10 years of experience in a Contract Management, Sourcing or Procurement role
• 3-4 years of experience managing a team
• Pharmaceutical Industry experience a plus
Required Knowledge/Skills
Indicate what skills and/or knowledge are truly required (as opposed to ‘nice to have’) to perform
job.
• Detailed oriented with outstanding follow through skills to provide excellence customer
service.
• Proven ability to successfully handle multiple, high urgency requests in a timely and
effective manner.
• Proficient with Microsoft Word, Excel and PowerPoint
Pay Range:
$122,400 - $183,600
Disclosure Statement:
The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.
At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.
Flex Designation:
Remote-Eligible
Flex Eligibility Status:
In this Remote-Eligible role, you can choose to be designated as:
1. Remote: work remotely five days per week and come into the office on occasion – you’re always welcome on-site; or select
2. Hybrid: work remotely up to two days per week; or select
3. On-Site: work five days per week on-site with ad hoc flexibility.
Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.
Company Information
Vertex is a global biotechnology company that invests in scientific innovation.
Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at [email protected]
Vertex Pharmaceuticals Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vertex Pharmaceuticals and has not been reviewed or approved by Vertex Pharmaceuticals.
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Parental & Family Support — Policies provide 12 weeks of 100% paid bonding leave for all U.S. parents with additional fully paid time for birth parents. Family-forming supports include adoption and surrogacy assistance, fertility options like IVF and egg cryopreservation, breast‑milk shipping, subsidized childcare, backup care, and a DCFSA match.
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Leave & Time Off Breadth — Time off includes roughly four weeks of vacation, 13 holidays, sick time, and two companywide shutdowns (summer and year‑end). Some roles also include flexible or unlimited time off and paid volunteer time.
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Retirement Support — Programs include a 401(k) plan with employer contributions and an employee stock purchase plan. Filings describe employer contributions occurring in company stock, supporting long‑term ownership.
Vertex Pharmaceuticals Insights
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What We Do
Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious and life-threatening diseases. We discovered and developed the first medicines to treat the underlying cause of cystic fibrosis (CF), a rare, life-threatening genetic disease. In addition to clinical development programs in CF, Vertex has more than a dozen ongoing research programs focused on the underlying mechanisms of other serious diseases. Founded in 1989 in Cambridge, Massachusetts, our corporate headquarters is now located in Boston’s Innovation District, and our international headquarters is in London, United Kingdom. We currently employ approximately 3,500 people in the United States, Europe, Canada, Australia and Latin America with nearly two-thirds of our staff dedicated to research and development. Vertex is consistently recognized as one of the industry’s top places to work by Science Magazine, The Boston Globe, Boston Business Journal and the San Diego Business Journal. Our research and medicines have also received esteemed recognitions, including the Robert J. Beall Therapeutics Development Award, the French Prix Galien and the British Pharmacological Society awards.
