Contract Management Specialist (Remote) job vacancy in The Bank of Missouri (Perryville, MO 63775)

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Hi, are you looking for Contract Management Specialist (Remote) jobs in Perryville, MO 63775 ?
we got a perfect job opening for you !

Company name : The Bank of Missouri
Location : Perryville, MO 63775
Position : Contract Management Specialist (Remote)

Description :
Working at The Bank of Missouri
At The Bank of Missouri we know it takes great people to support the communities we serve! We are passionate about caring for people and communities, and know how to recognize and reward our employees for their talent and contributions. When you work at The Bank of Missouri, you not only get to help others, but you also get the resources, opportunities and support to grow your own career.
About our Company
Staying in business for more than 125 years is hard. Really hard. If you think about it, we’ve endured many events, like the Great Depression and two World Wars. We’ve survived and thrived, thanks to our great customers and communities. We were founded on core values of accountability, community service and financial conservatism. Those principles are the reason we are still in business today. Caring for people and communities is our foundation! We’ve built a reputation of being financially secure and community focused. We are an independent community bank and fully intend to stay that way. We are big enough to accommodate any financial need, yet small enough to give every customer the personal treatment they deserve.
Here are some of the great benefits you will enjoy as a member of our team:

Competitive Salary
Personal paid time off, as eligible and paid holidays
401K and Employee Stock Option Plan, as eligible
Generous medical, dental, vision, life and disability insurance
Fitness reimbursement
Learning, development and growth opportunities

About this job:
The primary role of the Contract Management Specialist is to contribute to the effective planning, coordination, implementation and monitoring of the Third Party Governance Contract Management Policy and Program for the Banks core business. The role includes participation in implementation of processes to analyze and review contracts and proposals, negotiate with vendors, partner with line of business leaders in outsourcing strategies, identify potential risk in the third party contract portfolio, and provide reporting for presentation to upper management. Develop contract management processes and procedures. Support Legal, Compliance, Vendor Management, and Information Security teams and projects as needed.

As a Contract Management Specialist you will:

Assist in development, implementation, and maintenance of the Vendor Governance Contract Management Program by identifying potential risks or inefficiencies and developing recommendations for improvement.
Conduct negotiations with new and existing vendors on pricing, terms and conditions, and services.
Partner with line of business stakeholders in meeting with vendors, research on potential vendors, vendor discussions, negotiations, and redline recommendations through final contract execution.
Partner with internal stakeholders on vendor vetting process – RFIs, RFPs, and RFQs as needed.
Support Vendor Governance team on vendor management activities.
Help to create and expand vendor sourcing and procurement process, policy, and procedures.
Partner with Legal team on identifying standard vendor terms and conditions for different levels of vendor types.
Evaluate contracts, proposals, statements of work, and contract addendums submitted by vendors.
Maintain vendor contract inventory to track contract renewals and expirations.
Assist vendor governance, legal, compliance, and information security teams in reviewing and identifying gaps in existing contracts which could pose risk to the bank. Assist in risk analysis of new vendors.
Produce reporting as needed to support vendor governance and outsourcing decisions by the bank.
Support Chief Legal Officer, Compliance Team, and Information Security Team as needed.
Performs additional projects and duties as assigned.

Qualifications for Success:

Associates or Bachelors degree in business or legal studies or equivalent work experience
Strong analytical and problem solving skills
Strong verbal and written communication skills and strong interpersonal skills
Must maintain a high level of professionalism and confidentiality at all times, in all situations.
Ability to work independently
Proficient in Microsoft Office (preferably Word, Excel)
Ability to manage multiple tasks and deadlines in a highly detailed, fast paced environment
Banking experience in Compliance, risk management, or regulatory research preferred.
Experience with business or professional written correspondence preferred.

The Bank of Missouri is an Equal Opportunity Employer

Disclaimer : all data is sourced from indeed and we are not responsible for any error

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Linda Martin: Linda, a renowned management consultant, offers strategies for leadership, team building, and performance management in her blog.