Contract Management Lead

Posted 3 Days Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Financial Services
The Role
The Contract Management Lead manages the full contract lifecycle, ensuring strategic structuring and compliance of third-party agreements while collaborating with stakeholders.
Summary Generated by Built In

Job Description

The Contract Management Lead is a critical member of the Corporate Procurement team, responsible for managing the full contract lifecycle—from intake and drafting through negotiation, execution, and post-signature management. This role ensures that third-party agreements are strategically structured, thoroughly reviewed, and executed with precision, balancing speed, risk mitigation, regulatory compliance, and business alignment.  Using independent judgment and discretion, this role reviews and negotiates legal and commercial terms to ensure contracts align with organizational policies, regulatory requirements, and risk tolerance. The Contract Management Lead collaborates closely with Legal, Risk Domain Experts, and business stakeholders to streamline workflows, reduce cycle times, and enhance visibility into supplier obligations. This position directly supports Corporate Procurement's mission to implement scalable, efficient, and risk-aware contracting practices that drive strategic objectives and operational excellence.

Essential Functions
•    Manage the full contract management life cycle from intake and drafting through negotiation, execution, and post-signature tracking
•    Draft, redline, and review a variety of commercial agreements, including but not limited to: Master Services Agreements (MSAs), Non-Disclosure Agreements (NDAs), Software Licenses, and Software as a Service Agreements (SaaS)
•    Lead or support contract negotiations with suppliers, ensuring terms are commercially sound, compliant with internal standards, and aligned with business objectives
•    Develop and maintain strong working relationships with internal stakeholders (Legal, Risk, IT, Business Units) to understand needs, communicate risks, and ensure smooth contract execution
•    Serve as a key point of contact for suppliers during the contracting process, fostering collaboration and accountability
•    Identify contractual risks and propose practical solutions that protect the organization without impeding operational goals
•    Maintain organized records and support contract version control, status tracking, and key date monitoring
•    Support continuous improvement initiatives, including playbook development, process enhancements, and future implementation of contract management tools
•    Educate stakeholders on contracting standards, approval workflows, and policy requirements
•    Adopt and apply contracting best practices to enhance operational efficiency, reduce risk, and drive consistency, ensuring all activities are conducted in accordance with company policies, ethical standards, and applicable regulatory requirements
 
Additional Essential Functions
•    Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
•    Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
•    Work as part of a team
•    Work with on-site equipment
 
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
 
Education
Bachelor's Degree    In business, legal studies, supply chain, or a related field.    
 
Work Experience
8 - 12 years    Experience supporting contract lifecycle activities within Procurement, Legal, or a related function     
8 - 12 years    Demonstrated experience drafting, redlining, and negotiating commercial agreements with third-party suppliers  
8 - 12 years    Proven ability to collaborate cross-functionally with internal stakeholders and external suppliers to advance contracting objectives and support business needs         
8 - 12 years    Experience in applying contracting best practices to improve efficiency and reduce legal and operational risk       
8 - 12 years    Experience in managing a various contract types, including professional services, technology, and data-related agreements    
8 - 12 years    Working knowledge of procurement-related policies and regulatory requirements, particularly within regulated industries such as financial services         
8 - 12 years    Familiarity with internal governance processes and working with cross-functional review partners, including Legal, Risk, and IT Security    
8 - 12 years    Experience collaborating with suppliers and resolving contract-related discrepancies is a plus         
8 - 12 years    Hands-on experience with Microsoft Excel for advanced data tracking, reporting, and analysis       
8 - 12 years    Experience with e-procurement platforms (e.g., SAP, Ariba, Coupa, Workday).          
 
Additional Knowledge, Skills and Abilities
Ability to evaluate contract language, identify risk or discrepancies, and resolve issues collaboratively to support compliance and business objectives  
Strong written and verbal communication skills to effectively interact with suppliers and stakeholders at all levels, both internal and external  
Skilled at managing multiple priorities simultaneously, meeting deadlines, and maintaining well-organized records and tracking systems  
Exercises sound judgement when evaluating legal and commercial terms; aligns decisions with enterprise risk tolerance and compliance frameworks 
Ability to thrive in an evolving environment; demonstrates flexibility, self-direction, and the ability to deliver results amid changing priorities and developing structures    
Builds strong partnerships across Legal, Risk, and business teams; influences decision-making through subject matter credibility and solution oriented approach    
Maintains a high level of accuracy when reviewing, editing, and finalizing contract documents  
Familiarity with procurement and contract management tools and platforms (e.g., SAP, Ariba, Coupa or Workday) and proficiency in Microsoft Office    
Focuses on understanding and meeting the needs of internal and external stakeholders 
Ability to work effectively as part of a team and build positive relationships across departments    
 

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

Top Skills

Ariba
Coupa
Excel
MS Office
SAP
Workday
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The Company
HQ: Boise, ID
136 Employees
Year Founded: 2008

What We Do

Northwest Bank is a privately held community bank focused on serving the specific needs of businesses in Washington, Oregon, Idaho and Utah. Our experienced bankers deliver customized financial solutions and exceptional customer service. We do that by getting to know you, your business and your aspirations, first. Then we create a plan that will work, and stay with you every step of the way. We see our relationship with you as a partnership, the way banking should be.

Trust matters when picking your financial partner. Northwest Bank is rated as one of the best capitalized banks in the nation. We have earned 5-Star “Superior” ratings from both BauerFinancial® and Bankrate.com’s Safe and Sound® ratings service.

Founded in 2008, we have offices in Boise, Idaho; Portland, Oregon; Coeur d'Alene, Idaho; Seattle, Washington; and Salt Lake City, Utah metropolitan markets.

Northwest Bank: Experienced Bankers. Exceptional Service. Creative Solutions.

Member FDIC
Equal Housing Lender

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