8 years of professional experience in contracting, procurement, or legal operations
Ability to understand and draft commercial contract language
Experience negotiating contracts and collaborating with legal teams
Solution-oriented mindset with a focus on best practices
Strong verbal and written communication skills
Responsibilities
Educate stakeholders on risk assessment and supplier contracting processes
Review use cases and prepare agreements for legal review
Negotiate commercial terms in supplier agreements
Monitor productivity and communication using procurement tools
Engage internal stakeholders to align contract needs with risk management
Manage contract lifecycle within procurement and contract systems
Resolve business inquiries and troubleshoot contracting issues
Benefits
Collaborative work environment with cross-functional teams
Opportunity to influence contracting best practices
Access to advanced procurement and contract management tools
Engagement with diverse internal stakeholders
Dynamic and fast-paced work setting
Full Job Description
What you'll do
Reporting to the Head of SDM and working closely with SDM Leads, you'll support the supplier contracting process, from answering initial questions and reviewing use cases to negotiating commercial terms and supporting contract lifecycle management. Responsibilities
Answer initial questions and educate directly responsible individuals (DRIs) on the overall risk assessment and supplier contracting process
Conduct an initial review of DRI-provided use cases and appropriate contractual terms, or assemble appropriate Stripe templates, and prepare agreements for legal review according to defined guidelines when necessary
Review and negotiate commercial terms in supplier agreements when needed
Monitor productivity and communication with DRIs using our procurement tool, Zip
Engage internal stakeholders, including Legal, Sourcing, Third Party Risk, and Stripe DRIs, to understand their needs and translate them into a risk-balanced approach to preparing contracts using training and existing frameworks
Manage engagements within our procurement system, Zip, and contract lifecycle management system, Ironclad, and support end-to-end contract lifecycle management
Partner with respective internal teams to resolve business inquiries and troubleshoot issues related to contracting
Who you are
We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement. Minimum requirements
8 years of professional experience in contracting within procurement, legal operations, or another commercial deal negotiation capacity
Demonstrated ability to understand commercial and legal language commonly used in commercial contracts, ease in reviewing and drafting contractual language, and experience negotiating contracts and partnering effectively with legal teams
A solution-oriented mindset with enthusiasm for establishing contracting best practices, the ability to earn trust quickly and deliver value for a critical, fast-paced function involving multiple stakeholders, and the ability to support opinions with sound reasoning
Flexibility and comfort with changing requirements in a high-volume environment, meticulous attention to detail, and a rigorous decision-making process
Strong verbal and written communication skills and the ability to represent Stripe effectively when interacting with stakeholders
Preferred qualifications
Broad contracting experience across a range of common categories, such as technology, marketing, workplace, and services
Understanding of or experience with e-procurement tools and contract lifecycle management systems, such as Zip and Ironclad
Familiarity with the fintech industry and its supply chain and procurement challenges
A builder's mindset and a willingness to question assumptions and conventional wisdom
About Stripe
Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use our software to accept payments and manage their businesses online. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. Stripe powers businesses all over the world, from the new startup that just launched yesterday to the Fortune 500 companies that we all know and love. Stripe is headquartered in San Francisco, with offices in Dublin, London, Paris, Singapore, Tokyo, and more.
