Contract Specialist

Position Summary

We have an exciting opportunity to join our team as a Contract Specialist. In this role, the successful candidate as the Contract Specialist is a member of the Supply Chain Management team and supports the Strategic Sourcing function. This role is responsible for managing the full lifecycle of contracts within Strategic Sourcing.

Job Responsibilities

• Review and draft contracts, including vendor agreements, service agreements, master agreements, statements of work (SOWs), and related documents
• Negotiate and redline contract terms with vendors and partners independently or in collaboration with Strategic Sourcing, escalating to Sourcing Leadership or the Office of the General Counsel as needed
• Manage contract databases and ensure accurate tracking of contract terms, milestones, and renewals
• Monitor and report on contract performance and compliance
• Partner with internal stakeholders to ensure contracts align with organizational and mission-driven goals
• Provide guidance and support to internal teams on contract-related matters in accordance with OGC guidelines
• Contribute to the development and implementation of contract management processes, procedures, and administration of internal contract management systems (CMS)
• Assist with training, coaching, and onboarding of new contract management team members or Sourcing team members
• Perform other Supply Chain Management or contract-related duties as needed

Minimum Qualifications

• To qualify you must have a Bachelors degree in Business, Law, or a related field or Juris Doctor
• 5+ years of experience in contract management or a related field

Preferred Qualifications

• Preferred experience in the healthcare industry and/or with facilities, IT, and professional services contracts
• Experience utilizing AI for contract drafting and negotiation
• Strong understanding of contract principles and practices
• Strong critical thinking skills, with the ability to analyze and clearly communicate complex issues
• Excellent communication and negotiation skills
• Proficiency in Microsoft Office and familiarity with contract management software
• Highly organized, detail-oriented, and able to manage multiple projects simultaneously

Benefits

NYU Langone Health provides a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being: physical, mental, nutritional, sleep, social, financial, and preventive care.