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What you'll be doing...Verizon's Supply Chain Services team is transforming the Global Strategic Sourcing Group and seeks dynamic professionals who are interested in joining our team. Verizon seeks a professional with experience in Contract Development in areas such as Professional Services, Finance Operations, HR/Benefits, Events & Travel, BPO, Contact Centers, Workforce Solutions, as well as categories directly related to Verizon operations (Network, Tech Services, IT, and Devices & Accessories).
The Contract Manager (CM) position is responsible for contract development and management of all contractual documents, working in partnership with the Sourcing Specialist, Suppliers, internal Business and Legal Departments to negotiate and develop robust legal and commercial terms and conditions with Verizon's Suppliers. The CM acts as an advisor and/or expert for contract related issues and must apply critical thinking skills and work independently to make sound business decisions on behalf of the Company. Day to day work of the CM requires significant interpretation of diverse contractual issues as well as the ability to identify any potential risk factors in that the business needs to consider for the execution of the Agreement. The role also requires ongoing contract compliance and issue resolution as needed after contract execution. The CM also works closely with Internal Audit, as necessary, and Supplier's auditors to resolve contract compliance issues.
Contract Development: In accordance with Verizon's priorities, review Supplier requests for changes to the terms and conditions of contracts, assess risk of implementing changes, and recommend Verizon's response.
Ensure that applicable contract documents (amendments, SOWs, template provisions) comply with established Verizon format.
Act as the liaison and coordinate the interests of the Sourcing Specialist, Business Partner, Legal and Supplier.
Coordinate with Verizon Legal support to negotiate contract issue resolution with Supplier, and secure final approval of the appropriate Agreement.
Work collaboratively with Sourcing Specialist to ensure that all contract document templates are properly prepared for Request for Proposal (RFPs).
Resolve and respond to contractual related Supplier issues and/or questions.
Coordinate and manage high-volume EOY / EOQ renewals using agreed-upon templates.
Meet with Legal counsel to clarify and negotiate Sourcing contractual issues and or other Supplier concerns.
Interpret contractual rights and obligations to business partner and Sourcing Specialist.
Contract Compliance: Ensure that current Verizon standard language, including updated terms and conditions, is included in all contracts, as appropriate.
Manage supplier dispute resolution through formal or informal dispute resolution channels.
Review and ensure appropriate application of Sourcing and Corporate Policy requirements.
Coordinate consultation and escalation to senior management of current and potential issues.
You'll need to have: A LLB, or BCL or equivalent Degree.
Telecom Network or IT experience.
Experience in contract management or sourcing position.
Experience in negotiating & managing agreements.
Proficient issue resolution and negotiation skills.
Project management experience.
Ability to manage multiple concurrent deliverables in a very dynamic and variable environment where business assumptions fluctuate frequently.
Practiced understanding of procurement contract clauses and principles.
Practiced understanding of procurement contract risks and how to mitigate those risks.
Proficient in contract drafting skills in areas of Statement of Work (SOW).
Even better if you have: Chartered Institute of Procurement and Supply (CIPS).
Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (CPM) from the Institute of Supply Chain Management, or equivalent.
Certifications from the National Contract Management Association, or equivalent: Certified Federal Contracts Manager (CFCM), Certified Commercial Contracts Manager (CCCM), Certified Professional Contracts Manager (CPCM).
Project Management Professional (PMP) from the Project Management Institute.
Lean Six Sigma experience and/or certification.
Where you'll be workingIn this hybrid role, you'll have a defined work location that includes work from home and assigned office days set by your manager.
Scheduled Weekly Hours37.5
Diversity and InclusionWe're proud to be an equal opportunity employer. At Verizon, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out our diversity and inclusion page to learn more.
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