Reporting to the Sr. Director, Compliance, this role provides strategic and operational leadership for the Contracts function, overseeing the Contracts team and serving as the organization's subject-matter expert for distributor and commercial agreements. The Sr. Manager is responsible for reviewing, negotiating, and redlining a wide range of contracts, including Distributor and Wholesaler Agreements, Master Service Agreements (MSAs), Statements of Work (SOWs), and other complex commercial arrangements.
Accountabilities:- Serve as the subject-matter expert on contracts, communicating risks and recommendations clearly to stakeholders.
- Oversees and sets standards for the review, negotiation, and approval of complex agreements such as Distributor agreements., Master Services Agreements, Statements of Work, and related amendments.
- Defines and evolves the US Contracts strategy in alignment with commercial growth and compliance risk tolerance.
- Serve as a trusted advisor to senior leadership on distributor and commercial contract risks
- Lead, coach mentor compliance team members while fostering a collaborative, high performance culture
Key Metrics & Financial Targets:- Accountable for contract turnaround SLAs that balance speed with risk mitigation, aligning service levels to business priorities..
- Ensuring all contracts are fully executed and accurately updated in systems is vital for contract lifecycle management
Own:- The Sr. Manager, Contracts owns governance of the contract lifecycle, ensuring appropriate delegation, prioritization, and escalation across the contracts team.
- Ensures Sales, Marketing, Compliance, and Commercial teams understand contractual implications for key initiatives.
Influence:- Communicates contractual risks and recommendations to leadership, translating complex information into practical advice
Veto:- Contracts that conflict with applicable laws, regulations, compliance requirements, company standards or non-standard terms with material risks
Critical Relationships:- Sales, Marketing, Finance, Compliance teams and senior leadership
- Leadership alignment on risk assessments
- Proper submission, review, approval of contracts process
Skills Needed To Be Successful:- 10+ years of relevant work experience with direct supervisory experience
- Strong judgement in risk mitigation and inter-personal skills
- Effective verbal and written communication; translates complex concepts in a clear practical manner for diverse stakeholders.
- Strong organizational abilities and multitasking capacity help manage multiple contract workflows efficiently.
- Success comes from adaptability and alignment with values like simplicity, humility, and urgency.
Compensation:Compensation offered to prospective Team Members has taken internal equity into consideration and can vary depending on a positions' location. The final agreed upon wage may vary based on the job-related knowledge, skills, and experience of the individual.
- Competitive annual salary $134,000 - $168,000 in Chicago, IL
- Bonus plan designed to recognize company performance and individual contributions
- Comprehensive health and welfare benefits
- Company matching 401(k) contributions
- Paid time off including annual leave, paid sick time and holidays
- Extensive opportunities for training, development, and career growth
