Contract Manager - Mayo Clinic

Posted 11 Days Ago
Be an Early Applicant
55905, Rochester, MN, USA
In-Office
77K-135K Annually
Junior
Analytics • Consulting
The Role
Support Mayo Clinic Capital, IT, and Purchased Services teams as a contracting SME. Manage contract lifecycle for lower-complexity agreements, assist negotiations and final reviews, coordinate launches, ensure compliance, monitor performance metrics, and support supplier and stakeholder communications. Contribute to cross-functional initiatives, training, and continuous improvement in sourcing and contracting processes.
Summary Generated by Built In

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will serve as a contracting subject matter expert within Vizient, supporting the Mayo Clinic’s Capital, IT, and Purchased Services teams. You will support and execute a wide range of contract administration activities, including managing the contract lifecycle, assisting with agreement negotiations, conducting final contract reviews, facilitating stakeholder communications, and coordinating contract launch and implementation efforts. As a Contract Manager, you will collaborate within multi-disciplinary work groups, ensuring alignment among internal stakeholders, suppliers, and category managers to drive timely and effective contract execution.

Responsibilities:

  • Partner with the Mayo Clinic Capital, IT, and Purchased Services teams to drive strategic sourcing outcomes, support internal and external meetings, and promote operational efficiency.

  • Develop and execute negotiation strategies for lower-complexity agreements—such as NDAs, evaluation agreements, amendments, and addenda—covering bid planning, contract launch, and full lifecycle management with minimal oversight.

  • Collaborate with Category Managers and cross-functional stakeholders to apply best practices in eSourcing, supplier engagement, and contract structuring to deliver value.

  • Interpret financial data, market trends, and healthcare intelligence to inform sourcing strategies and strengthen negotiation positions.

  • Manage contract development and compliance by advising on legal terms, mitigating risk, and ensuring adherence to contract standards and templates.

  • Cultivate and maintain strong working relationships with suppliers, Category Managers, and internal stakeholders to ensure alignment with member needs and competitive market standards.

  • Lead or contribute to cross-functional initiatives that address escalated contract issues and drive continuous improvement in sourcing and contracting processes.

  • Communicate contract changes and critical updates to internal and external stakeholders to ensure alignment, compliance, and timely implementation.

  • Support training, onboarding, and knowledge-sharing efforts related to contracting tools, sourcing technologies, and lifecycle management processes.

  • Monitor contract performance metrics to ensure adherence to compliance standards, service-level expectations, and internal process timelines.

  • Demonstrate flexibility by supporting additional projects and special assignments as needed to meet evolving team and member priorities.

Qualifications:

  • Relevant degree in Business, Supply Chain, Healthcare Administration, or related field preferred.

  • 2 or more years of relevant experience in contracting, strategic sourcing, or supply chain management required. 

  • Experience with capital equipment, IT infrastructure/software, or purchased services strongly preferred.

  • Solid understanding of contracting principles, vendor relationship management, and relevant product/service categories.

  • Strong time management skills with the ability to balance multiple deadlines in a dynamic, fast-paced environment.

  • Demonstrated project management capabilities, including the ability to lead cross-functional initiatives and drive results.

  • Proven analytical skills with the ability to interpret financial, utilization, and market data to inform decisions.

  • Working knowledge of Mayo Clinic departmental requirements and business practices to deliver solutions that meet product and service needs while ensuring high-quality customer service.

  • Proficient in Microsoft Office Suite (Word, PowerPoint, Excel); additional comfort with sourcing or contract management platforms is a plus.

  • Excellent verbal and written communication skills, with the ability to clearly convey complex concepts to diverse audiences.

  • Customer-focused mindset with the ability to understand and respond to stakeholder requirements.

  • Collaborative and team-oriented approach to problem-solving and process improvement.

  • Willingness to travel as needed.

    Estimated Hiring Range:

    At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $135,400.00.

    This position is also incentive eligible.

    Vizient has a comprehensive benefits plan! Please view our benefits here:

    http://www.vizientinc.com/about-us/careers

    Equal Opportunity Employer:   Females/Minorities/Veterans/Individuals with Disabilities

    The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

    Skills Required

    • Relevant degree in Business, Supply Chain, Healthcare Administration, or related field
    • 2 or more years of experience in contracting, strategic sourcing, or supply chain management
    • Experience with capital equipment, IT infrastructure/software, or purchased services
    • Understanding of contracting principles and vendor relationship management
    • Project management capabilities and ability to lead cross-functional initiatives
    • Ability to interpret financial, utilization, and market data to inform decisions
    • Working knowledge of Mayo Clinic departmental requirements and business practices
    • Proficiency in Microsoft Office Suite (Word, PowerPoint, Excel)
    • Familiarity or comfort with sourcing or contract management platforms
    • Excellent verbal and written communication skills
    • Customer-focused, collaborative, and team-oriented approach
    • Strong time management skills and ability to manage multiple deadlines
    • Willingness to travel as needed

    Vizient Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vizient and has not been reviewed or approved by Vizient.

    • Leave & Time Off Breadth Time off allowances are generous, with ample PTO and holidays available from day one. Separate paid volunteer days add additional protected time away.
    • Flexible Benefits Flexibility to work from anywhere for part of the year and hybrid options support work-life balance. Policies enabling remote periods complement the broader PTO structure.
    • Retirement Support Retirement benefits include a competitive 401(k) company match alongside HSA contributions on eligible plans. These elements strengthen long-term financial security within the total rewards package.

    Vizient Insights

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    The Company
    HQ: Irving, TX
    5,661 Employees
    Year Founded: 1977

    What We Do

    Vizient, Inc., the nation’s largest health care performance improvement company, serves more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers, and more than 20% of ambulatory care providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $130 billion in annual purchasing volume. Vizient is based in Dallas and has offices in 20 metropolitan areas across the United States. We have 4,000 employees with a breadth of expertise, experience and compassion, who are eager to develop and implement solutions that advance health care for the greater good.

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