Legal Contract Manager

Posted Yesterday
Be an Early Applicant
Birmingham, AL, USA
In-Office
84K-115K Annually
Senior level
Fintech
The Role
Supports vendor contract review, drafting, negotiation, approval, execution, and retention. Identifies contractual and regulatory risks, escalates material issues, coordinates Legal and business stakeholders, maintains contract data and operational metrics, supports contract lifecycle technology, and recommends process improvements. Requires strong contract knowledge, negotiation, analysis, communication, organization, and change management skills.
Summary Generated by Built In

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Legal Contract Administrator supports the review, negotiation, drafting, and administration of contracts and related requirements. This position works closely with attorneys and key stakeholders in facilitating timely and effective contracting outcomes while helping mitigate risk.

Primary Responsibilities

  • Reviews, drafts, and negotiates vendor-related contracts using approved templates, playbooks, clause libraries, fallback positions, and escalation procedures
  • Identifies deviations from approved contracting standards and escalates material legal, regulatory, financial, operational, or reputational issues to the appropriate attorney or control function
  • Negotiates routine and previously approved contractual provisions within delegated authority
  • Reviews contract documents for accuracy, completeness, consistency, and alignment among related agreements
  • Manages assigned matters throughout the contracting process, including intake, internal review, negotiation, approval, execution, and record retention
  • Coordinates input and approvals from relevant departments and control functions and serves as a liaison among Legal, internal stakeholders, and vendors to facilitate contract completion
  • Supports the preparation of contract summaries, issue lists, negotiation trackers, and decision materials
  • Maintains accurate data regarding contract status, cycle time, volume, agreement type, risk level, negotiation outcomes, and escalation activity
  • Understands, maintains, and proactively communicates operational metrics, contracting trends, and broader business issues to leadership
  • Supports effective use of contract lifecycle management technology, electronic signature tools, workflow systems, and approved artificial intelligence (AI) tools
  • Maintains the confidentiality of attorney communications, legal advice, negotiation strategy, and other sensitive information
  • Coordinates work of various departments, and acts as liaison between the Bank and vendors to complete contracts
  • Reviews progress, evaluates results, performs data analysis, and escalates to management as necessary
  • Readily identifies risks, gaps, and issues and recommends changes in procedures to leadership
  • Leads changes associated with recommendations with minimal supervision
  • Understands, maintains, and proactively discusses operational metrics and larger business issues with leadership
  • Performs other responsibilities as assigned

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

  • Bachelor’s degree in related field and five (5) years of related experience
  • Or High School Diploma or GED and nine (9) years of related experience
  • Experience identifying contractual risk and applying established negotiation guidance and escalation standards
  • Experience negotiating terms related to vendor contracts

Preferences

  • Applicable, relevant professional certifications (e.g., paralegal, contract management, etc.)
  • Experience with applicable systems (e.g., Ariba, Archer, Onit, etc.)
  • Experience with contract lifecycle management systems and electronic signature tools
  • Experience working within a corporate legal department or directly supporting attorneys

Skills and Competencies

  • Ability to manage multiple priorities simultaneously
  • Ability to research, analyze data, and derive facts
  • Ability to work collaboratively in a cross functional team environment
  • Ability to work in a team environment when applicable
  • Ability to work independently within established authority and with limited guidance
  • Ability to work under pressure and meet deadlines
  • Advanced understanding of contract terms and concepts
  • Demonstrated leadership and change management capabilities
  • Effective problem solving and negotiation skills
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
  • Strong attention to detail
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$83,776.00 USD

Median:

$115,070.00 USD

Incentive Pay Plans:

This job may participate in an annual discretionary bonus plan.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

  • Paid Vacation/Sick Time

  • 401K with Company Match

  • Medical, Dental and Vision Benefits

  • Disability Benefits

  • Health Savings Account

  • Flexible Spending Account

  • Life Insurance

  • Parental Leave

  • Employee Assistance Program

  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location DetailsRegions Center

Location:Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Skills Required

  • Bachelor's degree in a related field and five years of related experience, or a high school diploma/GED and nine years of related experience
  • Experience identifying contractual risk and applying established negotiation guidance and escalation standards
  • Experience negotiating terms related to vendor contracts
  • Applicable relevant professional certification, such as paralegal or contract management certification
  • Experience with Ariba, Archer, Onit, or similar applicable systems
  • Experience with contract lifecycle management systems and electronic signature tools
  • Experience working within a corporate legal department or directly supporting attorneys
  • Advanced understanding of contract terms and concepts
  • Effective problem-solving and negotiation skills
  • Strong verbal, written communication, organizational, and attention-to-detail skills
  • Ability to manage multiple priorities, analyze data, collaborate cross-functionally, work independently, and meet deadlines

Regions Bank Compensation & Benefits Highlights

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

  • Retirement Support Retirement benefits are positioned as a standout, highlighted by a competitive 401(k) match and additional retirement-related contributions. Stock options are also referenced as part of the longer-term rewards mix for some roles.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, vision, disability, life insurance, and tax-advantaged accounts like FSAs/HSAs. Mental health support and wellness programs are also included, reinforcing breadth beyond core medical coverage.
  • Leave & Time Off Breadth Time-off benefits are described as robust, including paid time off, paid sick days, paid volunteer time, and family medical leave. These offerings are repeatedly framed as a meaningful part of the overall rewards package even when base pay is viewed as less competitive.

Regions Bank Insights

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The Company
HQ: Birmingham, AL
18,851 Employees
Year Founded: 1971

What We Do

Regions Financial Corporation (NYSE:RF), with $144 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com. Our Company Mission We are Regions. And ours is a vibrant mission. Make life better. Make life better for associates. Make life better for our customers. Make life better for our communities. This is our roadmap to success. Our roadmap to create strong, consistent shareholder value. Regions'​ five core values guide everything we do: • Do What Is Right • Put People First • Reach Higher • Focus On Your Customer • Enjoy Life

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