Contracts Manager

Reposted 10 Days Ago
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Hiring Remotely in IN
Remote
Senior level
Information Technology • Consulting
The Role
The Contracts Manager will oversee all contract operations, including drafting, negotiating, and managing agreements for customers and vendors, while ensuring legal compliance and optimizing workflows across departments.
Summary Generated by Built In

Job Summary: 

As our Contracts Manager, you'll drive end-to-end contract operations by drafting, negotiating, and managing customer, vendor, and partner agreements with precision, scalability, and legal compliance. You'll collaborate cross-functionally to optimize workflows, revamp our CLM system, and enhance the efficiency of our Contract lifecycle.

Responsibilities (including, but not limited to):

Administer Customer Contracts

  • Draft and maintain templates for customer-facing agreements (including MSAs, Oder Forms, SOWs, and NDAs) with a focus on clarity, precision, and efficiency. 
  • Create and update schedules and addenda to customer contracts, including Data Processing Agreements (DPAs), Business Associate Agreements (BAAs), and Service Level Agreements (SLAs).
  • Apply responsive variations in terms and contract structure by region and business unit as necessary.
  • Implement and maintain contract terms parameters and clause libraries for consistency and scalability.
  • Review and negotiate redlines to customer agreements within established parameters, providing timely turnaround to customer counterparts.
  • Work directly with Product and Service Delivery team leads to maintain accurately detailed descriptions of services referenced in customer agreements.
  • Work with the Sales Operations team to streamline the workflow for customer contract extension and execution, optimizing to reduce friction and increase quality. 
  • Develop, maintain, and continuously improve a customer contract management system (CLM) to track contract status, key terms, and renewal dates.

Manage Vendors & Partner Contracts

  • Draft and maintain agreement templates for various modes of engagement with partners, including channel, referral, and agent agreements.
  • Review, analyze and negotiate vendor/partner agreement terms in line with corporate standards and thresholds.
  • Work with the Director of Procurement to ensure accurate and scalable vendor CLM systems and practices.
  • Centrally organize key terms of partnership agreements to provide accurate, referenceable information to internal partnership stakeholders.
  • Collaborate with various internal teams to ensure appropriate operationalization and tracking of partner agreement obligations and activities.

Lead Contract Operations

  • Collaborate cross-functionally with department leaders to establish efficient workflows and proper systems integration for commercial contract needs within the business.
  • Coordinate with outside counsel for escalated matters, complex scenarios, statute interpretation, and development of playbooks and parameters.
  • Provide guidance to the business on the effect and interpretation of operating provisions within various contracts.
  • Ensure all contracts comply with applicable legal, regulatory, and corporate guidelines and are appropriately tailored to business risk thresholds.
  • Drive firm-wide adherence to corporate governance structures for signatures and approvals on deviations from established contracting standards.
  • Assist the GRC team on matters related to the company’s industry certifications and compliance by providing bridge letters and confirmatory documents, and generating required notices by drafting communications or posting materials to customer portals.
  • Identify opportunities to automate repetitive tasks and optimize contract workflows using AI and legal tech tools.

Skills:

  • Proven experience managing high volumes of contracts in a fast-paced setting, independently drafting new/updated agreements, and applying sound judgement to ambiguous or novel scenarios.
  • Strong knowledge of contract law and negotiation strategy with ability to turn a complex commercial concept into contractual language.
  • Familiarity with contract lifecycle management (CLM) software (e.g., Ironclad).
  • Advanced understanding of service-level terms and provisions that are commonly leveraged in technology service provider agreements.
  • Strong ability to collaborate with technical colleagues to extract technical concepts and ensure they are appropriately translated to contract provisions.
  • Demonstrated ability to streamline processes, drive adoption of new tools & processes, and collaborate across teams.
  • Excellent communication, negotiation, and organizational skills.
  • Detail oriented, able to write and edit with precision.
  • Analytical mindset with a focus on continuous improvement and operational efficiency.

Qualifications: 

  • Minimum 5+ years of experience in contract management in a B2B technology services organization (software or IT services preferred).
  • Bachelor's degree required
  • JD or paralegal certification a plus but not required.
  • Ability to work standard schedule of 8am-5pm EST 

The Benefits of Working for Abacus

  • Exposure to a diverse array of technologies.
  • Internal opportunities for career advancement.
  • Part of a team of experienced professionals who aim to deliver exceptional service.
  • Competitive compensation.
  • Robust benefits package: medical, dental, vision, disability, life insurance, 401k, and PTO.
  • Opportunities to further education through online courses.

Top Skills

Contract Lifecycle Management Software
Ironclad
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The Company
HQ: Dallas, Texas
310 Employees
Year Founded: 2008

What We Do

Abacus Group, LLC is a leading provider of hosted IT solutions and service focused on helping alternative investment firms by providing an enterprise technology platform specifically designed for the unique needs of the financial services industry. The innovative and award-winning Abacus Cloud platform allows investment managers to source all technology needs as a service, offering the capacity to scale on demand to meet current and future cybersecurity, storage and compliance requirements. The company has offices in New York, NY; San Francisco, CA; Boston, MA; Dallas, TX; Greenwich, CT; Los Angeles, CA; Charlotte, NC; and London, England. For more information, visit www.abacusgroupllc.com

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