Job Posting for Lead Contract Specialist at Babcock Power Services
Under the supervision and direction of the Business Unit General Counsel, the Legal - Contract Specialist serves as a member of the Legal Department, with substantial involvement with the company’s customers and business managers. The job responsibilities of this position include: assisting with the review, negotiation, and drafting of contracts to ensure adequate protection and assurance that contracts are reasonable and in compliance with corporate risk standards; coordination of insurance matters; review and coordination of letters of credit and bank guarantees; and performing administrative and other job duties to support the Legal Department. Essential Responsibilities:
Review, negotiate, and draft terms and conditions for agreements with customers, including change orders, and other forms of agreements, with attorney support as required.
Review commercial purchase orders and other various contract documents to identify non-standard terms/conditions; flag risks and edit terms and conditions when required to be in compliance with internal risk control guidelines.
Review, negotiate and coordinate requests for letters of credit and bank guarantees with financial institutions, business unit finance department and other company personnel.
Administer the contract approval process and coordinate with cross-functional team members (e.g. risk management, attorneys, sales, project managers, finance and procurement) to ensure terms and conditions reflect corporate standards and practices.
Provide contract administration support including status tracking, maintaining internal contract management system and records.
Perform export control and sanctions due diligence and coordinate efforts with counsel as directed.
Coordinate insurance matters with Corporate Risk Manager including claims, certificates of insurance, and annual insurance renewals.
Understand and apply legal principles for various forms of agreements and document preparation, with attorney guidance as required.
Assist legal staff with special assignments (e.g., prepare various agreements, consultant and other business agreements).
Job Requirements / Skills, Knowledge and Abilities:
BS or BA degree and 5 years of contract administration experience
Well-developed skills involving legal issues and negotiations.
Strong ability to manage and prioritize multiple projects.
Good communication skills, with the ability to clearly and concisely communicate (in both face-to-face meetings and in written format), is a critical element to the candidate’s success in this position.
Salary.com Estimation for Lead Contract Specialist in Marlborough, MA
$69,062 to $98,086
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