Senior Contract Management

Job Description

When you join Verizon

You want more out of a career. A place to share your ideas freely — even if they’re daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love — driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together — lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the V Team Life.

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 strong experience in Contract Development in areas such as Professional Services, Finance Operations, HR/Benefits, Events / Travel, BPO, Contact Centers, Workforce Solutions, as well as some Verizon direct sourcing (Network, IT, Tech Services 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. It is imperative that the successful candidate have excellent communication and negotiation skills, and the ability to project manage significant strategic deals to a timely conclusion, identifying and managing the operational, commercial, financial and legal risks to the Verizon business.

Contract Development:

• In accordance with Verizon's priorities and policies, review Supplier requests for changes to the terms and conditions of contracts, assess risk of implementing changes, and recommend Verizon's response

• Provide leadership in drafting and negotiating terms & conditions with Suppliers

• Act as the liaison and provide leadership among the Sourcing Specialist, Business Partner, Legal, internal SMEs and Suppliers

• 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

• Meet with Legal counsel to clarify and negotiate complex Sourcing contractual issues and or other Supplier concerns.

• Interpret contractual rights and obligations to business partner and Sourcing Specialist

• Collaborate with Sourcing Legal and the applicable business partners on the improvement and development of Sourcing agreement templates and RFP/RFI documentation.

• Expertise in and demonstrated proficiency in developing contract strategies, and in managing RFx’s and contract negotiations for large scale Outside and Inside Plant (OSP/ISP) programs.

• Category knowledge and trusted advisor in sourcing of Central Office Equipment, Data Centre Build, Wireline and Wireless Core and Access Networking, Optical Transport Networking, Equipment Decommissioning, Circuit Migration, Cloud Network/Software as a Service and IOT services and technologies and the ability to anticipate and advise on industry impacts to these areas.

Contract Compliance:

• Ensure that current Verizon standard language, including updated terms and conditions, is added to all contracts, as appropriate

• Manage supplier dispute resolution through formal or informal dispute resolution channels

• Review and interpret Sourcing and Corporate Policy requirements

• Responsible for consultation and escalation to senior management of current and potential issues.

Ad hoc Support

• Attend all necessary internal training regarding Verizon policies, legal requirements and applicable technologies

• Work with business partners to develop a clear understanding of the evolving technologies involved in the Verizon Networks that are the subject of the legal agreements

You'll need to have:

• LLB, LLM, or BCL or equivalent Degree.

• Telecom Network or IT experience.

• Experience in contract management or category sourcing position.

• Experience negotiating & managing agreements with significant annual spend.

• Project management experience.

• Experience in managing multiple concurrent deliverables.

• Strong understanding of procurement contract clauses and principles.

• Strong understanding of procurement contract risks and how to mitigate those risks.

• Excellent contract drafting skills in areas of Statement of Work (SOW)

Even better is 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) or 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 working

In 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 Hours

37.5

Diversity and Inclusion

We’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.