Contract Management Sr. Specialist at Comerica Bank
Comerica Bank · Auburn Hills, United States Of America · Onsite
- Senior
- Office in Auburn Hills
Contract Management Senior Specialist
This position is responsible for the execution of the contract management process for medium/high complex supplier agreements from initiation through finalization.
The primary functions will be interfacing directly with business areas across the enterprise and at various levels of management. The objectives are to drive efficiency, solve business problems, achieve speed to market, manage risk, ensure compliance, manage demand and limit total cost of ownership as it relates to third party spend for products and services. The position will coordinate activities for contracting and work with internal stakeholders and suppliers to finalize legal and commercial terms.
Other job functions include analyzing opportunity, providing project updates, process management and supplier negotiations. Additionally, this position is expected to support supplier diversity objectives and other corporate core values.
Responsibilities
- Responsible for managing multiple complex contract projects through cross-functional collaboration and a disciplined approach to project management that enables consistent execution of the contracting process.
- Responsible for identifying and mitigating contract risk in collaboration with Legal, Technology, Risk and Business stakeholder areas.
- Develop and negotiate commercial terms and strategies. Utilize e-Procurement systems to facilitate sourcing, contracting and purchasing activities.
- Conduct market research and analyze relevant data (benchmarking, spend, contracts) to support execution of supplier/sourcing strategies.
