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Sr Specialist Contract Reviewer
3 weeks ago
One of the core functions of our Global Sourcing Management Group (GSMG) is to conduct effective sourcing work for our Company by executing our end-to-end sourcing process. This includes working with the business stakeholder to understand the needed goods or services, identifying the viable suppliers, conducting the evaluation process via RFX steps, selecting the final suppliers, and then completing the negotiation and formal contracting work. The Global Sourcing and Contracting (GSC) team sit within the Business Operations organization of GSMG and is responsible for executing the GSMG S&C work.
The **Contract Reviewer** performs contract drafting, management of contract negotiations (redlines) within guidelines of pre-defined contract playbook and clause library also supports periodic maintenance of contract playbook and clause library.
**WHAT YOU WILL DO**
Your responsibilities will include, but are not limited to:
- Own end-to-end contracting for assigned contracts, consult with Contract Lead or Legal if required
- Review Contract Request and check if additional information needed from business, contact business users for information
- Review and mark up supplier paper contracts according to playbooks
- Review and negotiate medium complexity / medium value contracts according to fallback positions included in playbooks
- Oversee and actively manage triaging
- Engage with Legal SMEs for feedback and capture knowledge to minimize future escalations
- Capture responses to escalations to minimise future escalations
- Knowledge share between Contract Reviewers to identify common problems in the GCO, feedback to Op. Excellence and Contracting Category Leads
- Results driven to formulate focused outcomes and achievements to meet business objectives
- Continuously work with stakeholders / procurement / legal to understand and validate their needs.
- Able to identify areas of improvement and provide feedback to Contract Lead
- Be responsible for in-depth knowledge of procurement, sourcing, and legal specifications
- Periodic maintenance of contract playbook and clause library
**WHAT YOU MUST HAVE**
To be successful in this role, you will have:
- Bachelor’s Degree in Business, Finance, Engineering, or related field
- Preferred - Master’s Degree in Business, Computer Science, Data Management, Statistics, or related fields
- Minimum of four (4) years in a contract reviewer/negotiator role, preferably with a focus on procurement or supply chain operations
- Familiarity with transaction structures and experience with negotiating a variety of commercial contracts including but not limited to MSAs, SOWs, Change Orders, CDAs/NDAs, and Data Privacy Agreements
- Knowledge of legal requirements involved with contracts
- Experience with Ariba Contract Workspace (CW), SAP, Appian vendor management
- Experience with workflow management tools such as ServiceNow
Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.
**Who we are**
We are known as Merck & Co., Inc., Rahway, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.
**What we look for**
Imagine getting up in the morning for a job as important as helping to save and improve lives around the world. Here, you have that opportunity. You can put your empathy, creativity, digital mastery, or scientific genius to work in collaboration with a diverse group of colleagues who pursue and bring hope to countless people who are battling some of the most challenging diseases of our time. Our team is constantly evolving, so if you are among the intellectually curious, join us—and start making your impact today.
We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.
**Search Firm Representatives Please Read Carefully**
**Employee Status**:
Regular
**Relocation**:
No relocation
**VISA Sponsorship**:
**Travel Requirements**:
**Flexible Work Arrangements**:
**Shift**:
**Valid Driving License**:
**Hazardous Material(s)**:
**Number of Openings**:
1
**Requisition ID**:R209577
