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VP Deputy General Counsel

BurnsSearch, LLC
Philadelphia, PA Full Time
POSTED ON 2/6/2025
AVAILABLE BEFORE 5/2/2025

The VP, Deputy General Counsel, Transactions is responsible for the review, drafting and negotiation of all vendor agreements required to satisfy the Company's procurement of third-party goods and services. The VP also oversees the negotiation and execution of subserving agreements. The VP collaborates with members of the Legal department, Procurement, IT, Finance, Risk, Legal, Servicing operations, HR and other stakeholder to ensure the timely completion of vendor contracts that minimize risk; analyze contract requirements, terms, and conditions to ensure compliance with company risk guidelines. The VP manages vendor contract strategies that drive significant value and impact for operations and profitability driving near and long-term opportunities to capture total cost benefits and service enhancements.

  • Provide legal support to the Company's Procurement function for all vendor contracts
  • Draft and negotiate various vendor agreements on behalf of the Company including but not limited to master service agreements, outsourcing and offshoring agreements, software as a service, licensing, professional services, IT services, facilities, and contingent labor
  • Partner with key business leaders and executives to understand strategic direction, supply requirements and business objectives and priorities
  • Collaborate with cross-functional teams to assess sufficiency of business requirements and to assess risk of vendor initiatives
  • Develop and execute fact-based negotiation strategies for contracts and lifecycle vendor management
  • Create contract summaries for business executives to articulate key provisions of negotiated contracts; advise business leaders on contracting provisions, risks and recommendations
  • Maintain and improve the Company's contract template library, ensuring all documents align to regulator guidance, GSE guidelines, client requirements, and industry best practices
  • Assist in streamlining tasks and building technological efficiencies in an effort to improve the contracts administration process and ensure the quality of contractual system metadata while maintaining high quality functional support
  • Demonstrate consideration for the Company's reputation as well as our clients, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
  • Ensure all activities are in accordance with the Company's approved risk appetite statement and applicable compliance and regulatory requirements.
  • Manage junior counsel primarily responsible for negotiating subservicing agreements with clients. Mentor junior counsel to enable them to provide more assistance to the VP.

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