Procurement Lead Contracts and Compliance Manager
The Opportunity
Currently the MassMutual Procurement team is going through a transformation to become best in class for contract lifecycle management and Source-to-Pay processes.
We are looking for a Contracts pro who can manage the full end-to-end contract strategy, including formulating the commercial deal terms, representing our functional business partners all while interfacing with the Legal team and Supplier through to the conclusion of the contracting process.
The Procurement Team
Our Vision & Mission:
The MassMutual Procurement vision is to be a trusted partner, who proactively engages with the enterprise to create sustainable supplier value. Where we enable business strategy through leading operational, process, governance, cost and risk management excellence.
The Impact
Our Contracts Lead Manager will need to be an expert at orchestrating multiple simultaneous projects requiring frequent communication, organization, time management, and problem-solving skills on a day-to-day basis. You will be an expert on formulating strong legal positions post business award.
As the leader of the Contracts team, you will be accountable for developing a high-performing team that will work efficiently and independently, managing a high volume of tasks and projects with little guidance. You will need to nurture a team environment that is creative, proactive and can solve problems as well as one that promotes a sense of urgency to matters which require a quick turnaround.
The Minimum Qualifications
A minimum of 7+ years working experience with contract lifecycle management
At least 2 years of managing onshore and offshore teams
A minimum of 7+ years of negotiation experience with primary responsibility quality of agreements; and negotiating a broad range of standard commercial contracts within Procurement
Proven ability to negotiate MSA, MHSA, MPA, PSA, Statements of Work, Work Orders, LOI, MOU, Term Sheets, used by the Procurement organization, including legal practice standards and playbook guidelines set by the Legal Department
Experienced at assessing risk and concisely explaining complex issues to both legal and non-legal professionals
The Ideal Qualifications
Operates with significant autonomy and discretion in communicating with Legal, the Business unit Procurement Category Managers, Sourcing and Supplier Relationship ManagementInfluences at all levels of leadership, both internally and externally to deliver results.
Serves as the principal subject matter expert in all standard contracts, and almost all external contracts
Develops contract practice standards, operating procedures and systems that enable the broader team of Category Managers to scale and work more efficiently and effectively
Orchestrates the end-to-end process from kickoff to full execution while communicating these results through weekly metrics reporting
Garners executive stakeholder input on complex projects, framing issues simply and concisely to obtain buy-off to move forward with key decisions/initiatives
Strong project management skills, including adhering to stakeholder timelines, and meeting management skills
Extensive knowledge of the basic types of commercial agreement structures and the function and purpose of key legal terms
Extremely customer-focused, taking the time to understand the needs of the business and legal
Experience working in a large, global, highly matrixed organization, and works easily in multi-business unit project settings; able to facilitate teamwork across corporate boundaries
Proven written and oral communicator, with strategic, analytical, and interpersonal skills to act as an effective change agent, unlocking barriers to quickly move contracts to closure
Ability to manage multiple simultaneous projects requiring frequent communication, organization, time management, and problem-solving skills
What to Expect as Part of MassMutual and the Team
Regular meetings with Legal, Business Units, Third Part Risk, Supplier Management, Category Management and Sourcing
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits
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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.