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Sr. Contract Management Specialist

Comerica Bank
Posted Jun 27
Contract
Auburn Hills, Michigan

Contract Management Senior Specialist

This position is responsible for the execution of the contract management process for medium/high complex supplier agreements from initiation through finalization.

The primary functions will be interfacing directly with business areas across the enterprise and at various levels of management. The objectives are to drive efficiency, solve business problems, achieve speed to market, manage risk, ensure compliance, manage demand and limit total cost of ownership as it relates to third party spend for products and services. The position will coordinate activities for contracting and work with internal stakeholders and suppliers to finalize legal and commercial terms.

Other job functions include analyzing opportunity, providing project updates, process management and supplier negotiations. Additionally, this position is expected to support supplier diversity objectives and other corporate core values.

Responsibilities

  • Responsible for managing multiple complex contract projects through cross-functional collaboration and a disciplined approach to project management that enables consistent execution of the contracting process.
  • Responsible for identifying and mitigating contract risk in collaboration with Legal, Technology, Risk and Business stakeholder areas.
  • Develop and negotiate commercial terms and strategies.
  • Utilize e-Procurement systems to facilitate sourcing, contracting and purchasing activities
  • Conduct market research and analyze relevant data (benchmarking, spend, contracts) to support execution of supplier/sourcing strategies.

Qualifications

  • Bachelor's Degree OR 4 years of relevant experience
  • 4 years of experience managing procurement/sourcing processes
  • 4 years of experience in contract negotiations
  • 4 years of experience in analytical and communication skills
  • 4 years of experience interacting professionally with senior management
  • Preferred Juris Doctor (J.D)

Auburn Hills Operations Center

8:00am - 5:00pm Monday - Friday This position offers a hybrid work model that includes onsite and remote days as determined by the manager.