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Contracts Manager I - Remote in Kansas City Metropolitan Area

Company: UMB Bank
Location: Saint Paul
Posted on: March 16, 2023

Job Description:

Be part of something more.
A majority of our time is spent "at work." We believe that time most meaningful when it's spent around people who care about you and who challenge you. We hire people who know how to make good decisions, because we won't be constantly looking over your shoulder-you'll be empowered to do what's right for our customers. Most importantly, we're a partner. We partner with our associates to help them thrive personally and professionally. We partner with our communities and the organizations that support them. And, we partner with our customers to create an experience they won't find elsewhere.
Pay Range: $60,795 - $86,835 - $112,875
As a Contracts Manager, you will review, draft, and negotiate terms with third-party suppliers for a wide variety of services, including software license/implementation/maintenance, financial products and services, subscriptions, property maintenance/construction, marketing, training and consulting. You will partner closely with internal stakeholders including Legal, Risk, Compliance, Information Security, Finance, and Business Operations to ensure contract terms meet applicable standards and adequately protect UMB interests. You will use contracts management software to generate and document all third-party supplier contracts. The Contracts Manager is responsible for working with finance and associated business unit to budget and track new spend, ongoing renewals, software license, maintenance, support, subscriptions, and/or other third-party contract commitments. This position reports to the Senior Vice President, Legal Counsel - Contracts.
Working for UMB is about collaborative spirit with internal stakeholders, entrepreneurial pride, encouraging creativity, rewarding success, having fun winning business, community involvement, and working directly with the decision makers.
How you'll spend your time:

  • You will work alone and with other departmental associates to negotiate contractual terms and conditions with third-party suppliers.

  • You will review contract language to identify and analyze potential risks and serve as point of contact while working with other internal stakeholders to maximize contractual protections and cost savings for UMB.

  • You will use internal risk software to understand potential contract risks identified by internal stakeholders.

  • You will assist internal stakeholders with vendor research as needed to support company initiatives and engagements.

  • You will coordinate and participate in meetings with internal stakeholders and third-party supplier representatives during contract negotiations.

  • You will support UMB end users with comprehension of contract terms related to moderately complex agreements to facilitate appropriate review and approval of terms.

  • Other duties as assigned.

    We're excited to talk with you if:

    • You possess a Bachelor's degree and 4 years of experience in contracts, risk, procurement, financial services or other relevant experience, OR any combination of education and experience that would provide an equivalent background.


      • You are a Certified Professional Contract Manager (CPCM) or hold other relevant industry certifications.

      • You are experienced with negotiating software license agreements, cloud computing agreements, or other technology related contracts.

        UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to to let us know the nature of your request.
        Who we are
        We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.
        Learn more about The Road to a Career at UMB

Keywords: UMB Bank, St. Paul , Contracts Manager I - Remote in Kansas City Metropolitan Area, Hospitality & Tourism , Saint Paul, Minnesota

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