Contract Specialist

Posted 8 Days Ago
Be an Early Applicant
2 Locations
In-Office
90K-120K Annually
Senior level
Energy • Renewable Energy
The Role
The Contract Specialist manages and supports the contract lifecycle, reviews and negotiates agreements, advises on risk, and collaborates with stakeholders.
Summary Generated by Built In

The Contract Specialist supports Regal Rexnord’s enterprise Strategic Sourcing function by assisting with commercial contracting and related process improvements. Reporting to the Associate General Counsel, Strategic Sourcing & Sustainability, the role is responsible for managing and supporting the contract lifecycle in alignment with organizational policies and legal requirements.

This position includes responsibility for contract intake, review, and negotiation, as well as coordinating internal stakeholder input to support business objectives. The Contract Specialist works closely with cross‑functional teams to help ensure contract negotiations achieve strong commercial outcomes while appropriately managing risk.

This is a highly collaborative, hands‑on role suited for an experienced contracts professional who is comfortable operating independently, identifying and assessing risk, and escalating issues thoughtfully and appropriately when needed.

Key Responsibilities

  • Commercial Contract Support: Review, negotiate, and redline NDAs and commercial agreements, with a primary focus on procurement of goods, and manage negotiations through redlines, internal stakeholder discussions and supplier engagement.

  • Sourcing Partnership & Risk Advisory: Serve as a key legal partner to the sourcing team, advising on legal and commercial risk, aligning agreements to organizational standards, and supporting development of a resilient supply chain and achievement of company objectives.

  • Contracting Standards & Compliance: Apply and counsel on contract policies, standards, and internal controls to support compliance, sourcing strategies, continuous improvement initiatives and related regulatory requirements.

  • CrossFunctional Stakeholder Engagement: Collaborate with internal stakeholders across a decentralized, global organization with multiple business divisions.

  • Risk Identification & Resolution: Identify commercial and legal risks, advise on mitigation options, support negotiations and dispute resolution, and escalate risks appropriately in coordination with legal team members.

  • Process Improvement & Contract Management: Contribute to ongoing enhancements in contracting processes and contract management practices to improve efficiency and consistency.

Required Skills and Qualifications

  • 7–10+ years of experience in contracts management, commercial contracting, or a similar role.

  • Demonstrated experience negotiating and managing commercial agreements and NDAs, preferably within an industrial manufacturing environment.

  • Proven support of sourcing or supply chain teams, including contract negotiation related to procurement of goods.

  • Strong analytical, communication, and problem‑solving skills, with excellent attention to detail.

  • Solid understanding of commercial risk management and negotiation strategy.

  • Ability to work independently in a fast‑paced environment, manage a high volume of contracts, prioritize effectively, and escalate issues appropriately.

  • Comfort interfacing directly with legal colleagues, suppliers, and internal business stakeholders.

  • Bachelor’s degree.

Preferred Skills and Qualifications

  • Experience in industrial manufacturing and operating within global, matrixed, or decentralized organizations.

  • Experience with contract management platforms, such as HighQ or comparable systems.

  • Interest in or familiarity with AI‑enabled legal or contract technologies.

Additional Details:

Location: Milwaukee, WI or Rosemont, IL

Travel:  up to 15% for meetings and negotiations

Hours: Standard business hours with some flexibility required for deadlines and urgent matters

Expected Salary: $90,000 - $120,000

The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors.

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

Benefits
  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance

About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.


Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills.  If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email [email protected]. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [email protected].

Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.

Skills Required

  • 7-10+ years of experience in contracts management, commercial contracting, or a similar role.
  • Demonstrated experience negotiating and managing commercial agreements and NDAs.
  • Proven support of sourcing or supply chain teams.
  • Strong analytical, communication, and problem-solving skills.
  • Solid understanding of commercial risk management and negotiation strategy.
  • Ability to work independently in a fast-paced environment.
  • Comfort interfacing directly with legal colleagues, suppliers, and internal business stakeholders.
  • Bachelor's degree.

Regal Rexnord Compensation & Benefits Highlights

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

  • Healthcare Strength Health coverage includes PPO and high-deductible/HSA options plus dental, vision, and prescription coverage, with FSA/HSA and wellness or tobacco-free incentives. These offerings are described consistently on the company’s careers pages.
  • Retirement Support A 401(k) with employer match is included alongside life and AD&D, plus short- and long-term disability coverage. Recent postings reiterate the 401(k) match as part of the standard package.
  • Parental & Family Support Paid parental and family leave, adoption assistance, and an Employee Assistance Program are part of the package. Several materials also reference floating holidays that complement core leave options.

Regal Rexnord Insights

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The Company
HQ: Milwaukee, Wisconsin
8,232 Employees
Year Founded: 1955

What We Do

All 29k+ associates at Regal Rexnord have a shared purpose: Create a better tomorrow by energy-efficiently converting power into motion. We are a leading, global manufacturer of airflow, motion control, power transmission, and power generation solutions used in commercial, industrial and residential settings. You may not know it, but Regal Rexnord impacts your life every day. Our products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyor systems that keep e-commerce flowing. Regal Rexnord is comprised of four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales, and service facilities worldwide. For more information, visit RegalRexnord.com.

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