What are the responsibilities and job description for the Contract Specialist, Full-Time, Marlborough/Chelmsford, Hybrid position at Digital Federal Credit Union / DCU?
Schedule
M-F, 8-5, Hybrid
What You’ll Do
Summary/Objective:
This role will prepare, negotiate, and manage commercial contracts between DCU and third-party vendors and partners. It will also ensure that all contracts comply with legal requirements, company policies, and industry standards. This role requires strong analytical skills, attention to detail, and the ability to work effectively with cross-functional teams.
Essential Functions:
- Draft, review, and negotiate contracts, agreements, and other legal documents.
- Ensure compliance with legal, regulatory, and company policy requirements.
- Analyze contract terms and conditions (consider adding obligations, liabilities, etc if warranted) to identify and mitigate risks.
- Coordinate with internal stakeholders, including legal, finance, vendor management, and procurement teams, to ensure alignment on contract terms.
- Manage contract lifecycle, including amendments, renewals, and terminations.
- Maintain accurate and organized contract records and documentation.
- Provide guidance and training to team members on contract-related matters.
- Stay current with industry trends and legal developments related to contracts and contract law by participating in educational opportunities and reading professional publications.
- Administer contract administration-related processes.
- Identify and implement efficiencies in the contract lifecycle and administration processes.
- Prepare and communicate contract lifecycle reporting and analysis.
- Perform other job-related duties as assigned or requested.
What You’ll Need
- Bachelor’s degree in business administration, Law, Finance, Supply Chain or a related field.
- 0-2 years of experience in contract management, procurement, or a related role involving drafting, reviewing, negotiating, and managing contracts.
- Strong understanding of and experience with contract law and industry-specific regulations (at the state and federal level)
- Excellent negotiation, analytical, and problem-solving skills.
- Detail-oriented and organized with strong time management skills and the ability to manage multiple contracts simultaneously.
- Proficiency in contract management software and Microsoft Office Suite.
- Strong verbal and written communication and interpersonal skills.
- Ability to work independently and as part of a team in managing internal client relationships and working with external, third-party vendors.
What We Do
DCU is the largest credit union headquartered in New England – serving more than one million members in all 50 states. With over 1,900 team members, we strive to make DCU a great place to work with an excellent work-life balance and a community that cares.
DCU is an equal-opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
If you’re applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to careers@dcu.org and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.
#INDLW
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
