Contracts Manager

Contracts Manager

Mechanics Bank is currently searching for a Contracts Manager to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working on-site at our Roseville, CA office.

The Contracts Manager works closely with business partners throughout the Bank to define and document contract requirements, draft new agreements, amendments, addenda, change orders, and terminations, etc. Drives contract negotiations, contract administration, and vendor contact activities to ensure proper contract execution and fulfillment in accordance with Bank policies, legal requirements and business partner specifications. Participates at a significant level in defining and drafting new processes and controls to help the Bank more effectively manage overall vendor costs, improve vendor delivery and service levels, and strategically plan for vendor decisions in a timely manner. Advises management of contractual rights, issues and obligations by providing sound interpretation of terms and conditions.

What you will do :

• Ensures contract terms and conditions address primary business risk areas, such as indemnification, limitations of liability, and confidentiality, are addressed in the best interest of the Bank.
• Synthesize diverse perspectives to arrive at actionable contract decisions and formally document decisions, risks and concessions.
• Maintain the status of assigned vendor contracts and engages business owners during the contract lifecycle to ensure all milestones, including SLAs, termination / renewal notifications, and / or replacement decision dates are properly met.
• Provides guidance to business partners on the development of Service Level Agreements and ensures meaningful remedies and recourse are included in all contracts. Negotiates terms of select contracts within Bank legal, risk, and financial parameters while ensuring vendor contracts meet all compliance regulations and internal policies.
• Compiles, analyzes and maintains vendor contract information to provide periodic reporting to various internal business partners, committees and regulators.
• Provides interpretations of vendor contracts and render opinions on contract terms to business partners and management.
• Prepares & analysis reports, spreadsheets and data (including spend information) to facilitates and maintenance of accurate contract records and vendor relationships.
• Performs all other job duties as assigned by supervisor

Who you are :

Salary Range : $72,000-119,000 annually

Final compensation package will be determined by the work experience, education, and / or skill level of the applicant along with internal equity and alignment with geographic market data.

Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.