Sr. Contracts Specialist

GM Financial

$75K — $95K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in contract negotiation and management
  • Demonstrated leadership skills in mentoring less experienced colleagues
  • Advanced negotiation and analytical skills with a focus on risk management
  • Strong understanding of contract law, data privacy, and cybersecurity regulations
  • Ability to cultivate strategic relationships with vendors and internal partners
  • Proficient in utilizing AI tools for legal processes and contract management
  • Bachelor's Degree required (Juris Doctorate preferred)

Responsibilities

  • Manage contracts with vendors, negotiating terms and ensuring compliance
  • Collaborate with Category Management to identify business needs and mitigate risks
  • Develop and design processes to achieve operational efficiency
  • Analyze contracts for legal implications and recommend improvements
  • Improve service delivery by managing specific initiative projects
  • Foster strong relationships with business partners and external stakeholders
  • Mentor junior specialists and analysts in best practices and compliance

Benefits

  • Generous benefits package available on day one
  • 401K matching program
  • Bonding leave for new parents (12 weeks, 100% paid)
  • Tuition assistance for ongoing education
  • Community service pay for volunteer work
  • Nine company holidays annually
  • Flexible hybrid work environment with required in-office days
Full Job Description
Job Description

Responsibilities

About the role:

A Sr. Contracts Specialist applies analytical, legal, technical, and industry knowledge, standards and practices to complex projects in an assigned account or geographic area. This position works closely with assigned business partners, Legal, Data Privacy, Cybersecurity, and other risk teams to identify the best business solutions, which address priority business needs or issues. This position manages specific projects and initiatives aimed at improving the efficiency of services, and is accountable for managing risks and resource requirements. A Sr. Contracts Specialist is capable of building strong working relationships with business partners, professional peers, and other team members and operating level relationships with contractors, suppliers, and other external stakeholders. This position is a resource for colleagues with less experience (shares knowledge/has a level of expertise).

In this role you will:
  • Contract Management - management of contracts with vendors and includes negotiating the terms and conditions in contracts as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution. Process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk.
  • Category Management - this position works closely with Category Management to help identify and meets the needs of the business, while identifying risks and contractually protecting GMF customers and business interests.
  • Process Development - drafting and design of processes under specific requirements within certain time-frames through defining and describing a sequence of activities that need to be performed to meet the process's objectives and to produce the process's desired outcome.


Qualifications

What makes You an ideal candidate?
  • Demonstrated leadership capability with mentoring Specialists and Analysts
  • Possesses a collaborative, and relentless approach to process improvement and ability to lead contract negotiations while adhering to internal policies and procedures to achieve favorable outcomes for the company
  • Proficient/Advanced level negotiation skills, ability to develop and maintain creative, innovative, and strategic category/sub-category strategy for responsible areas, ability to identify legal and risk issues, conduct appropriate contract review and analysis, and recommend viable alternatives and/or specifications
  • Proficient/Advanced knowledge of contract terms and conditions and knowledge of information security practices
  • Cultivate strong working relationships with suppliers and internal stakeholders to deliver high quality services to business partners
  • Ability to influence and steer highly ethical process with business partners and suppliers
  • Strong analytical skills, ability to understand complex legal concepts
  • Ability to build rapport with and influence Senior Management
  • Excellent organizational, verbal and written communication skills; ability to convey complex legal risks in a concise and understandable manner
  • General understanding and application of best-in-class procurement processes (category management, benchmarking, sourcing, etc.)
  • Familiarity with Data Privacy, Cybersecurity, and financial laws and regulations


Additional Knowledge and Skills

Working effectively within an AI enabled environment:
  • Ability to use AI tools (e.g., Microsoft Copilot) to support daily work
  • Skills in evaluating AI outputs for accuracy, compliance, and bias
  • Experience integrating AI into workflows to improve efficiency or insights
  • Familiarity with AI assisted research, summarization, and content generation
  • Understanding of responsible AI use, including ethics and data protection


Education & Work Experience
  • Bachelor's Degree, (Juris Doctorate preferred) in related business field or equivalent work experience
    • 3-5 years background in contract negotiation; experience negotiating with vendors; Oracle or other procurement software experience required

What We Offer: Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay and nine company holidays.

Our Culture: Our team members define and shape our culture - an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive.

Compensation: Competitive pay and bonus eligibility.

Work Life Balance: Flexible hybrid work environment, 2-days a week in office.

NOTE: We are unable to consider candidates who require visa sponsorship for this position

This position is not open to agency submissions

#GMFJobs #LI-Hybrid #LI-CR1

Similar Jobs

More Jobs at GM Financial

More Business Services Jobs

Find similar Sr. Contracts Specialist jobs: