Contract Specialist
VEIT · Rogers, MN · Yesterday
Legal$75k–$96k/yrFull-time
About the role
The Contract Specialist is responsible for the substantive review and negotiation of commercial construction contracts. This role plays a critical role in managing and facilitating contracts between Veit and its clients, subcontractors, and suppliers.
Responsibilities
- Review, analyze, and negotiate a broad range of commercial contracts, including client agreements, subcontracts, purchase orders, service agreements, vendor agreements, and confidentiality agreements, to ensure compliance with Company financial, operational, legal, and risk-management guidelines.
- Conduct contract negotiations directly with clients, suppliers, subcontractors, and other third parties on proposed contract terms and conditions.
- Exercise independent judgment and discretion to revise contract language and negotiate terms within delegated authority and established Company risk-tolerance guidelines.
- Analyze and interpret contract provisions, identify legal, financial, operational, and commercial risks, draft alternative language, and propose redline revisions that appropriately balance business objectives and risk mitigation.
- Demonstrate a strong sense of urgency in reviewing, negotiating, and resolving contract issues to support project schedules, operational needs, and business objectives while maintaining appropriate risk controls.
- Recognize and understand the relationship among parties in a multi-tier contract structure and flow-down requirements to ensure contractual obligations are properly addressed and managed.
- Cook up positive working relationships with clients, contractors, suppliers, subcontractors, and internal stakeholders to ensure timely resolution of issues and contract execution.
- Maintain contract records and assist with tracking contract status, approvals, amendments, notices, and other key contractual obligations.
- Keep the Contracts Manager and General Counsel informed of significant contract issues, disputes, unusual risks, or matters that may have financial, operational, or legal implications for the Company.
- Escalate contractual, legal, or compliance issues that fall outside established authority levels or Company risk tolerance guidelines for review and approval.
- Support continuous improvement initiatives across contract processes, templates, training, and risk-management practices.
- Perform other duties and special projects as assigned.
Requirements
- Degree in Paralegal Studies, Legal Studies, or Contract Management, or an equivalent combination of education and experience; and a minimum of five (5) years of experience reviewing, negotiating, and administering commercial contracts, preferably in the construction, engineering, or other project-based industries.
- Proficiency with Microsoft Office applications, including word processing, spreadsheets, email, and related business systems.
- Strong verbal and written communication skills, with the ability to clearly communicate information, direction, and contract-related guidance to all levels of management, employees, clients, suppliers, vendors, and other business associates.
- Strong negotiation skills and a solid understanding of contractual language, contract documents, and the contracting process.
- Ability to quickly comprehend, analyze, interpret, and apply contract provisions and related documentation in a fast-paced, time-sensitive environment where prompt review and response are critical to supporting project schedules and business needs.
- Ability to manage competing priorities, work independently with minimal supervision, meet deadlines, and respond with urgency while maintaining accuracy, professionalism, and a positive attitude under pressure.
- Ability to effectively present information in one-on-one and small group settings with customers, clients, and employees.
- Strong problem-solving skills with the ability to resolve issues effectively and efficiently.
Preferred
- Comfortable working in a legal setting.
- Ability to apply common sense to carry out instructions furnished in written, oral, or diagram form.
- Experience working in the construction industry.