U.S. Bank Procurement Contract Consultant in Richfield, Minnesota
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
Job DescriptionResponsible for the vendor contracting process including contract negotiating, drafting, review and risk analysis of contract terms and conditions. Ensures vendor contracts are in compliance with applicable state and federal law, rules and regulations as well as U.S. Bank policies. Supports Business Line and Corporate Procurement assigned initiatives by drafting and negotiating the contract terms and conditions as well as advising business lines on risk decisions related to the contract. Job scope and complexity of assignments are broad and very complex. Requires the ability to improvise and respond to contractual language questions, provide creative solutions to resolve conflict with vendors, effectively balance working on multiple projects at one time while successfully meeting tight deadlines.
Basic Qualifications - Law degree required - 1-2 years of experience in procurement contract administration activities
Preferred Qualifications: - Thorough understanding of applicable laws, regulations, financial services and regulatory trends that impact the assigned business line - Advanced understanding of contract structure and terms required to fulfill regulatory obligations and support business line and client needs -Excellent presentation, verbal written communication skills -Ability to research and manage multiple projects, issues, and deadlines simultaneously - Self starter who can drive results through independent work with a high attention to detail - Strong relationship management, organizational, analytical, and problem solving skills - Strong time management, negotiation, and strategic planning skills - Third party risk management experience - Experience in Archer eGRC and MS Office Suite - Strong problem-solving and negotiation skills - Ability to identify and resolve/escalate complex problems - Ability to research and manage multiple projects and deadlines simultaneously - Strong organizational skills
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
EEO is the Law Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law poster.
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U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.