Truist Financial

Contract Manager II

Truist Financial$80K — $95K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree or J.D. required.
  • 5 years related experience with Bachelor's or 2-3 years with a Master's/J.D.
  • Legal aptitude with understanding of contract provisions.
  • Proven ability to manage high-volume workloads in fast-paced environments.
  • Strong relationship management and interpersonal skills.

Responsibilities

  • Draft, negotiate, and analyze various contract types for suppliers and service providers.
  • Collaborate with legal and risk experts to ensure compliance and performance standards.
  • Follow regulatory guidelines to maintain contract compliance with company policies.
  • Maintain knowledge of internal guidelines to customize contract language for business needs.
  • Interpret contractual language and advise on legal risks and best practices.
  • Facilitate meetings to ensure stakeholder understanding of contract terms and service levels.
  • Develop relationships with internal clients and suppliers to enhance negotiation strategies.

Benefits

  • Medical, dental, and vision insurance.
  • Life and disability insurance.
  • 401k plan with savings options.
  • Accrued vacation and sick days, plus paid holidays.
  • Potential eligibility for a pension plan and restricted stock units.
Full Job Description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Responsible for reviewing, drafting, and negotiating supplier contracts between Truist entities and external suppliers and service providers. Provide guidance and effective challenge as a first line of defense control function for the implementation of processes and the negotiation of the corporation’s contracts with its suppliers.

**Candidate must have a Master's degree or J.D.**

LOCATION:


** Truist in-office requirement is 5 days per week**

Please note:  candidate must be located in the following location:

Charlotte, NC

Atlanta, GA

No remote or telecommute option

Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time. 


1.    Prepare, analyze and negotiate various agreement types including: Statements of Work, Schedules, Software as a Service Agreements, Software Licensing Agreements, Hardware Acquisition and Support Agreements, Amendments, Change Orders and Non-Disclosure Agreements. Represent Truist in negotiations with external suppliers and supplier’s legal or contract representative. 
2.    Work closely with legal, sourcing and risk experts to ensure sourced supplier contracts are structured with appropriate risk allocation provisions and mechanisms to assure the supplier’s performance meets Truist’s business objectives within the agreed costs and schedules. 
3.    Work within the framework of regulatory guidance and company policies to ensure supplier contracts are compliant with law and regulation, and within Truist risk appetite.
4.    Maintain a strong working knowledge of internal guidelines related to supplier contracts, and customize contract language within those guidelines to address specific business issues.  
5.    Escalate complex legal issues to Truist Legal and assist in resolution. 
6.    Interpret contractual language and advise stakeholders on legal and commercial risks, along with best practices for risk mitigation. 
7.    Provide authoritative guidance to internal business teams on corporate goals and objectives relating to contract activity. 
8.    Draft contract summaries detailing material deviations from Truist standards. 
9.    Host meetings with Service/Supplier Manager to review contract summaries and ensure the end-user’s understanding of business and legal terms, including service levels.
10.    Develop and maintain strong relationships with internal clients, sourcing teammates, Truist Legal, and suppliers to advance negotiation strategy for supplier contracts.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1.    Bachelor’s degree and 5 years related experience; Master’s degree or J.D. and 2-3 years of related experience 
2.    Proven ability to work in a fast-paced environment, managing a high volume of work in a timely manner 
3.    Legal aptitude and understanding of relationships between and among contract provisions
4.    Strong relationship management skills and the ability to gain trust and confidence of senior leaders within organization 
5.    Excellent interpersonal and problem-solving skills

Preferred Qualifications:

1. Prior experience with Ariba, Archer, and EGRC

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

SEARCH TRUIST FINANCIAL JOBS

READ CAREERS BLOG

Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

Similar Jobs

More Jobs at Truist Financial

More Legal & Accounting Jobs

Find similar Contract Manager II jobs: