Senior Contracts Analyst

Position Summary

As a Strategic Procurement Contract Negotiator, you will be responsible for supporting the CVS Health enterprise in drafting, negotiating, and finalizing IT and Non-IT contractual documents for non-merchandise goods and services. You will perform these tasks in accordance with corporate contract and purchase policies. In this role, you will also lead and/or represent Strategic Procurement on project teams that include or report to CVS leadership and are tasked with facilitating enterprise-wide special projects, proposing and executing company-wide savings initiatives, developing and enforcing CVS policy, meeting and exceeding business goals, supporting diversity among CVS vendors and within the enterprise, and driving CVS growth and synergy.

As a Strategic Procurement Contract Negotiator, you will:

• Draft, prepare and review contract documents in accordance with established company policies and procedures designed to minimize potential exposure while maximizing benefits.
• Negotiate all key terms of a variety of contract documents, including but not limited to Legal and business terms to provide the appropriate level of risk mitigation as well as value for the enterprise.
• Analyze all contract requirements, special provisions, terms and conditions to ensure compliance with appropriate laws, regulations, corporate policies and business unit procedures and requirements. The ability to effectively communicate the importance and intent of all such provisions to both internal and external stakeholders is crucial to success in this role.
• Regularly communicate with internal team members and business partners to draft and negotiate pertinent provisions and accurately memorialize specific terms and conditions into appropriate scopes of work, service level agreements, financial incentives, turn-around-times or similar documents.
• Interact consistently with key CVS partners (e.g., Legal, Sourcing, Risk Management, Privacy, and Tax, among others) to ensure all current policies and procedures are reflected in contract documents and vendor communications.
• Partner with sourcing colleagues to support development of RFP requests by providing the necessary contractual documentation for participants to review as components of the exercise. Answer questions posed by participants' legal counsel in the course of RFP negotiations and ensure problematic provisions are introduced to business leaders as key focal points of internal consideration when determining awards.
• Act as the key point of contact and communication between Legal, finance, senior leadership, and business teams as well as the vendor concerning status and resolution of escalated contract issues and disputes that cannot be resolved at the Negotiator level.
• Accurately and comprehensively identify contractual risks and associated dangers (e.g,, limitation of liability, waiver of consequential damages, etc.) for purposes of escalation to Senior Leadership to properly investigate and explain contractual concerns thoroughly.
• Work with various departments (e.g., Legal, Tax, Risk Management, Information Security, etc.) to discuss new developments warranting inclusion in template documentation. Lead discussions and revisions to contract language reflecting new requirements and finalize new template documents through appropriate internal channels.
• Routinely participate in presentations, webinars and table discussions to engage and educate corporate-wide business departments to promote compliance with Corporate Purchasing and Contracts Policies.
• Demonstrate established proficiency utilizing all evolving technological tools (e.g., Microsoft Office, Excel, PowerPoint, Skype for Business, etc.) to streamline daily tasks and communications.
• Act as a subject matter expert when presenting to Senior Leadership on complex deal concepts and non-standard provisions requiring executive approval.
• Act as initial liaison with business units in compliance efforts to enforce adherence to Corporate Contract and Purchasing policies.
• Manage multiple high visibility, high priority contracts/projects on a regular basis and closeout a variety of initiatives expeditiously with minimal oversight
• Work both independently/autonomously and as part of a team to identify and analyze unique contractual relationships and craft terms to best fit the business relationship.

#analytictalent

Position Summary

As a Strategic Procurement Contract Negotiator, you will be responsible for supporting the CVS Health enterprise in drafting, negotiating, and finalizing IT and Non-IT contractual documents for non-merchandise goods and services. You will perform these tasks in accordance with corporate contract and purchase policies. In this role, you will also lead and/or represent Strategic Procurement on project teams that include or report to CVS leadership and are tasked with facilitating enterprise-wide special projects, proposing and executing company-wide savings initiatives, developing and enforcing CVS policy, meeting and exceeding business goals, supporting diversity among CVS vendors and within the enterprise, and driving CVS growth and synergy.

As a Strategic Procurement Contract Negotiator, you will:

• Draft, prepare and review contract documents in accordance with established company policies and procedures designed to minimize potential exposure while maximizing benefits.
• Negotiate all key terms of a variety of contract documents, including but not limited to Legal and business terms to provide the appropriate level of risk mitigation as well as value for the enterprise.
• Analyze all contract requirements, special provisions, terms and conditions to ensure compliance with appropriate laws, regulations, corporate policies and business unit procedures and requirements. The ability to effectively communicate the importance and intent of all such provisions to both internal and external stakeholders is crucial to success in this role.
• Regularly communicate with internal team members and business partners to draft and negotiate pertinent provisions and accurately memorialize specific terms and conditions into appropriate scopes of work, service level agreements, financial incentives, turn-around-times or similar documents.
• Interact consistently with key CVS partners (e.g., Legal, Sourcing, Risk Management, Privacy, and Tax, among others) to ensure all current policies and procedures are reflected in contract documents and vendor communications.
• Partner with sourcing colleagues to support development of RFP requests by providing the necessary contractual documentation for participants to review as components of the exercise. Answer questions posed by participants' legal counsel in the course of RFP negotiations and ensure problematic provisions are introduced to business leaders as key focal points of internal consideration when determining awards.
• Act as the key point of contact and communication between Legal, finance, senior leadership, and business teams as well as the vendor concerning status and resolution of escalated contract issues and disputes that cannot be resolved at the Negotiator level.
• Accurately and comprehensively identify contractual risks and associated dangers (e.g,, limitation of liability, waiver of consequential damages, etc.) for purposes of escalation to Senior Leadership to properly investigate and explain contractual concerns thoroughly.
• Work with various departments (e.g., Legal, Tax, Risk Management, Information Security, etc.) to discuss new developments warranting inclusion in template documentation. Lead discussions and revisions to contract language reflecting new requirements and finalize new template documents through appropriate internal channels.
• Routinely participate in presentations, webinars and table discussions to engage and educate corporate-wide business departments to promote compliance with Corporate Purchasing and Contracts Policies.
• Demonstrate established proficiency utilizing all evolving technological tools (e.g., Microsoft Office, Excel, PowerPoint, Skype for Business, etc.) to streamline daily tasks and communications.
• Act as a subject matter expert when presenting to Senior Leadership on complex deal concepts and non-standard provisions requiring executive approval.
• Act as initial liaison with business units in compliance efforts to enforce adherence to Corporate Contract and Purchasing policies.
• Manage multiple high visibility, high priority contracts/projects on a regular basis and closeout a variety of initiatives expeditiously with minimal oversight
• Work both independently/autonomously and as part of a team to identify and analyze unique contractual relationships and craft terms to best fit the business relationship.

#analytictalent

Preferred Qualifications

• Ability to prioritize multiple tasks & high volume of contractual negotiations simultaneously.
• Experience as a recurring user of Ariba Contract Management platform (or similar tool) is highly preferred.
• Certified Commercial Contracts Manager (CCCM) is a plus.

Required Qualifications

• 1+ years of related contract negotiations experience
• 1+ years reviewing, editing and drafting contractual terms and conditions
• 1+ years professional experience with Microsoft Office