- Responsible for managing a high volume of contractual reviews prioritizing each review to meet execution deadlines. This includes and is not limited to new business, existing business adding additional services, statements of work, termination notices, renewals, addendums, amendments, and regulatory updates/changes.
- Responsible for keeping WSFS Bank's Contracts Playbook up to date with any changes or updates.
- Review contracts as submitted and determine contracts' criticality. Facilitate review with internal and or external counsel, if necessary.
- Multitask contractual reviews and prioritize based on inherent risk criticality rating.
- Review agreements, addendums, amendments, and statements of work redlining, where necessary.
- Ensure all contracts are entered into the system of record in a timely manner and updated as changes occur.
- Complete contract checklist on all executed agreements.
- Work with Third Party Risk Management Due Diligence Team to ensure due diligence is completed on all vendors/solution prior to contract execution.
- Identify issues as they arise and work them to closure, escalating when appropriate.
- Partner with technology, compliance, risk, legal, business lines, etc. to ensure contractual language is appropriate for relationship.
- Maintain awareness of contracts that are set to expire and handle the termination letter process with applicable vendor relationship managers (VRM).
- Create contractual templates for staffing vendors, facility vendors, etc.
- Provide weekly contracts reporting to Director of TPRM.
- Conduct monthly quality control review of contractual documents and contract checklists.
- Update WSFS Banks Contracts Playbook with any updates or changes in real time.
- Other duties as assigned.
- Bachelor's Degree or equivalent combination of education and experience in risk management, regulatory compliance, contract management, and/or other relevant experience.
- Must have 3-5 years of experience redlining corporate contracts and/or paralegal work.
- Experience in negotiating complex and dynamic legal documents is required.
- Must possess the ability to identify issues and work them to remediation, escalating when appropriate.
- Must be able to understand and apply federal banking guidelines and regulations.
- Must have experience working across a diverse set of stakeholders with positive results.
- Must possess the ability to work collaboratively with a broad range of constituents.
- Must have strong written and oral communication skills.
-
Contracts Rebates Specialist
23 hours ago
Infotree Global Solutions Wilmington, United StatesThe Contract Operations Specialist is responsible for working with internal/external customers on all aspects of Market Access; Master Data, Contracting, Membership, Chargebacks and Rebates. · - The Contract Operations Specialist is responsible for developing Market Access contra ...
-
Contracts Specialist
1 day ago
The Fountain Group Wilmington, United StatesJob Description · Job DescriptionQualifications: · Logic and Analytical skills with strong attention to detail and trends (i.e. ability to analyze claims payments for accuracy, trending etc.) · Contract language experience (reading, understanding and drafting contracts) · Highly ...
-
Contract Specialist
1 week ago
Sargent & Lundy Wilmington, United States Full time - RegularDescription · Sargent & Lundy is a global leader in power and energy consulting, where innovation meets integrity, diversity, and a commitment to quality. Our distinctive capabilities provide domestic and international clients and partners with a thoroughly reliable source of c ...
-
Contract Specialist
2 weeks ago
Department Of The Army Wilmington, United States Full timeSummary · About the Position: · Serves as a contract specialist responsible for the execution of the day-to-day duties for acquisition and procurement of services (to include architect-engineer and environmental remediation), construction, and supplies/equipment at a level up to ...
-
Contract Closeout Specialist
5 days ago
VisionCorps Philadelphia, United States**Confirmation of legal blindness or Disabled Veteran**: · - Bachelor's degree from an accredited university and/or a combination of education and sufficient work experience · - Assistive technology experience with screen readers and/or magnification software · - Ability to succe ...
-
Senior Contracts Specialist
1 week ago
Wsfs Financial Wilmington, United StatesJob Description · At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive sal ...
-
Contract Management Specialist
1 week ago
BOEING Ridley Park, United StatesAt Boeing, we innovate and collaborate to make the world a better place. From the seabed to outer space, you can contribute to work that matters with a company where diversity, equity and inclusion are shared values. We're committed to fostering an environment for every teammate ...
-
Senior Contracts Specialist
4 days ago
WSFS Bank Wilmington, United StatesJob Description · At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive sa ...
-
Senior Contracts Specialist
1 week ago
WSFS Bank Wilmington, United StatesJob Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive · Careers with WSFS Bank offer an inclusive and supportive culture, competitive sal ...
-
Senior Contracts Specialist
4 days ago
WSFS Bank Wilmington, United StatesJob Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive · Careers with WSFS Bank offer an inclusive and supportive culture, competitive sal ...
-
Contracts Specialist, Senior
1 day ago
WSFS Bank Wilmington, DE, United StatesJob Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive · Careers with WSFS Bank offer an inclusive and supportive culture, competitive sal ...
-
Employment and Training Contract Specialist
2 days ago
DelDOT New Castle, United StatesIntroduction · Make a Difference with DHSS · Our mission at the Department of Health and Social Services (DHSS) is to improve the quality of life of Delaware citizens by promoting health and well-being, fostering self-sufficiency, and protecting vulnerable populations. We prior ...
-
Contract Specialist
4 hours ago
Libertyjobs Newark, United States1 week ago · Be among the first 25 applicants · Direct message the job poster from Liberty Personnel Services, Inc. · Connecting talented professionals with innovative companies in IT, Accounting and Finance, Marketing, HR and Engineering. · Job Details: · Contract Specialist ...
-
Contracts Specialist
1 day ago
American Contracting and Environmental Services Marriottsville, United StatesWe're adding a detail-oriented professional to join our team as a Contract Specialist. This role offers significant growth potential, paving the way for a future position as Contracts Manager. · As a Contract Specialist, you'll play a pivotal role in ensuring our projects run smo ...
-
Contract Specialist
1 day ago
BCforward Philadelphia, United StatesContract Specialist · BCforward is currently seeking a highly motivated Contract Specialist Job for an opportunity in Philadelphia PA Remote) · Position Title: Contract Specialist · Location: Philadelphia PA 19103 · Anticipated Start Date: Jun 9th · Please note this is the ta ...
-
Contract Specialist
1 week ago
Gap International Springfield, United StatesGAP INTERNATIONAL A unique, purpose-driven, consulting company · Global Management Consulting firm Gap International, based in the Philadelphia area, is looking for someone with a background in corporate contracts to join our team. This role requires the ability to draft, negoti ...
-
Osp Grants Specialist
1 day ago
Nemours Wilmington, United StatesThe **Office of Sponsored Projects, Grants Specialist** performs a wide range of key functions in the grant development and submission process. The Grants specialist provides support to the Manager of Grants Administration in administering all federal and non-profit grant proposa ...
-
Contract Specialist
1 week ago
Onbe Conshohocken, United StatesOnbe, a fast-growing FinTech, bringing innovation to a rapidly growing global marketplace, stands for "on behalf." Because that's exactly how we work: on behalf of our clients, as their comprehensive payments partner. We transform the way payments are imagined - as an opportunity ...
-
Incyte Chadds Ford, United StatesOverviewIncyte is a biopharmaceutical company focused on the discovery, development, and commercialization of novel medicines to meet serious unmet medical needs in oncology and inflammation and autoimmunity. Incyte is committed to the rigorous pursuit of research and development ...
-
Nutrition Associate Specialist
1 day ago
Colonial School District - Delaware New Castle, United StatesJobID: 2650 · **Position Type**: · Nutrition Services/Specialist**Date Posted**: · 4/18/2024**Location**: · Administrative Building**Date Available**: · as soon as possible**Closing Date**: · 04/28/2024 · **You belong in the Power of WE** · Position: Nutrition Assoc Specialist · ...
Senior Contracts Specialist - Wilmington, United States - WSFS Financial Corporation
Description
Job Description
At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive.
We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve.
We Stand For Service is more than part of our name, it's our mission and our purpose.
The Senior Contracts Specialist will support the Bank with review, redline, and negotiation of contractual documents at WSFS Bank in compliance with the Third-Party Risk Management (TPRM) Program.
The incumbent will assist in the onboarding of vendors and solutions The Bank / Business Lines would like to conduct business with, ensuring all required contractual language is included in each agreement based off the vendor/solutions inherent and criticality risk rating.
The incumbent will meet with the Business Lines and Vendor Relationship Managers (VRM) to obtain a clear understanding of services the vendor will provide to WSFS.
In addition, the Senior Contracts Specialist will negotiate contract terms with vendors based on business needs and legal guidelines assisting business units in determining service-level agreement (SLAs).
Job Responsibilities:
Minimum Qualifications:
WSFS is an equal opportunity employer.
We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.