Contract Manager

Financial Services Client
Contract Manager
Initial 6 Months

Contract Manager

Support Navy Federal Procurement team's objectives by negotiating, executing, negotiating, and managing commercial contracts for the acquisition of technologyrelated products and services
 Draft, review, and negotiate commercial contracts in the area of technology across different product categories. Experience with cloud services and artificial intelligence (AI) terms negotiations is a bonus
 Lead negotiations on contract modifications with stakeholder input
 Assist internal stakeholders with contractual matters, requirements, risk management, and mitigation strategies
 Ensure the level of effort and attention to detail is commensurate with the complexity, value, and risk associated with acquisition
 Establish an acquisition strategy to include the type of contract, milestones, and business requirements
 Coordinates review of contracts or purchase agreements with Procurement Management and in conjunction with Office of General Counsel, as required
 In conjunction with the Business Unit, analyzes vendor proposals and price quotes Performs cost or price analysis, including review of cost breakdowns to determine reasonableness
 In conjunction with the Business Unit, develops negotiation objectives and leads negotiations related to contract pricing, terms and conditions with potential contractors. As appropriate, confers with offices of General Counsel, and subject matter experts
 Prior to contract execution, meets with Business Units and vendor and reviews key contract terms, conditions, and requirements including deliverables, and timelines
 Interprets contract provisions for Business Units and provides appropriate guidance
 Leads negotiations on contract modifications
 Closes out the contract or issues termination notices and reviews settlement proposals  Presents alternatives and recommendations to solve unique and complex problems
 Ensure clear, concise, and effective communication
 Anticipates issues and identifies solutions