Contracting Specialist

Optech, LLC

  • Detroit, MI
  • 6 days ago

    Highlights

    Contractual Risk Management: Ability to identify, evaluate, and mitigate contractual, financial, operational, regulatory, and reputational risks, including liability, intellectual property, data protection, and termination rights. Contract Lifecycle Management: Ability to manage multiple complex negotiations simultaneously, prioritize deadlines, resolve escalations, obtain approvals, and maintain accurate contract documentation and negotiation records.

    Numbers & Facts

    LocationDetroit, MI

    Description

    Contracting Specialist

    Detroit

    • Michigan

    Specialist

    Contract-HU

    We are seeking an experienced Supply Chain Contracting Specialist in the metro-Detroit area working remotely with possibility of being in the office 1x/week.

    The individual must be a hands-on contract negotiator, capable of developing negotiation strategies, reviewing and redlining agreements, managing contractual risks, and driving contracts through execution.

    This is not primarily a purchasing, sourcing administration, or vendor management position. The emphasis is on independent contract negotiation, commercial terms, IT agreements, and healthcare regulatory compliance.

    Required Skills, Experience & Education

    • Contract Negotiation - 5+ Years: Progressively responsible experience independently developing and executing negotiation strategies for complex healthcare, health insurance, technology, and professional services agreements.

    • IT & Technology Contracting: Demonstrated experience independently negotiating software licensing, SaaS, cloud services, support and maintenance, data security, and related technology agreements.

    • Contract Types: Extensive experience reviewing, drafting, redlining, and negotiating Master Services Agreements (MSAs), Statements of Work (SOWs), amendments, and supplier-provided agreements.

    • Healthcare Regulatory Compliance: Experience negotiating agreements involving PHI, PII, HIPAA-related requirements, Business Associate Agreements (BAAs), data privacy, information security, regulatory compliance, and audit obligations.

    • Commercial & Financial Negotiations: Strong experience negotiating pricing structures, payment terms, discounts, cost adjustments, benchmarking provisions, financial commitments, credits, and other supplier commercial terms.

    • Contractual Risk Management: Ability to identify, evaluate, and mitigate contractual, financial, operational, regulatory, and reputational risks, including liability, intellectual property, data protection, and termination rights.

    • Supplier Performance Requirements: Experience negotiating Service-Level Agreements (SLAs), Key Performance Indicators (KPIs), performance standards, service credits, remedies, escalation procedures, acceptance criteria, and reporting requirements.

    • Contract Drafting & Redlining: Advanced ability to independently review supplier redlines, prepare contract provisions, develop negotiation positions, and communicate contractual risks and recommendations.

    • Cross-Functional Collaboration: Experience coordinating negotiations, reviews, and approvals with Procurement, Legal, business stakeholders, Information Security, Privacy, Risk, Compliance, Finance, Audit, and Insurance.

    • Contract Lifecycle Management: Ability to manage multiple complex negotiations simultaneously, prioritize deadlines, resolve escalations, obtain approvals, and maintain accurate contract documentation and negotiation records.

    • Contract Management Systems: Experience with contract lifecycle management, procurement, sourcing, or supplier management systems. Oracle, Ironclad, or comparable platforms preferred.

    • Communication & Problem-Solving: Strong analytical, critical-thinking, decision-making, and communication skills, including preparing negotiation summaries, risk assessments, recommendations, presentations, and leadership updates.

    • Microsoft 365: Proficiency with Word, Excel, PowerPoint, Outlook, and Teams preferred.

    • Education: Bachelor's degree in business, supply chain, finance, legal, healthcare, technology, or a related field preferred. Equivalent education and relevant contract negotiation experience may be considered.

    • Advanced Education: Juris Doctor (JD) or advanced degree in business, supply chain management, healthcare administration, or a related discipline preferred, not required.

    • Professional Certifications: CPSM, CPSD, CCCM, CPCM, or comparable procurement, contracting, or supply chain certification preferred.

    Why work with us? We are a woman-owned company that values your ideas, encourages your growth, and always has your back. When you work with us you'll have training opportunities, flexible/remote work options, growth opportunities, 401K and competitive pay. Apply today! We are an EOE, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. https://www.optechus.com/eeo_self_identification/

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