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Company Overview

General Summary:

The IT Contract Specialist is responsible for managing and reviewing IT vendor agreements to ensure compliance with organizational standards, legal requirements, and strategic objectives. This role serves as a key liaison between the Vendor Management Services (VMS) team, Legal, Procurement, and business stakeholders, providing expert guidance on contract terms, templates, and agreement types. The IT Contract Specialist will also lead initiatives to assess the health of existing contracts, identify opportunities for renegotiation, and oversee onboarding of new IT vendors to support strategic sourcing and cost optimization.

Job Details

Duties & Responsibilities:

• IT Contract Review & Compliance (40%)
  • Review IT vendor contracts for accuracy, compliance, and alignment with organizational standards. Collaborate with Legal and Procurement to resolve issues and expedite review cycles.
• Vendor Contract Health Assessments (25%)
  • Launch and manage a program to evaluate existing contracts, identify risks, and recommend renegotiation strategies to improve terms and reduce costs.
• Vendor Onboarding & Governance (10%)
  • Oversee onboarding of new IT vendors, ensuring partnerships meet strategic objectives and compliance requirements. Validate vendor selection based on unmet capabilities, cost advantages, or consolidation strategies.
• Stakeholder Guidance & Training (15%)
  • Advise hiring managers on agreement templates, terms, and constraints. Provide training on contract processes and best practices.
• Documentation & Reporting (10%)
  • Maintain accurate records of contract reviews, assessments, and vendor onboarding activities. Prepare reports for leadership on contract health and compliance metrics.

Qualifications

Knowledge, Skills, & Abilities:

• Strong understanding of IT vendor agreements, contract law, and compliance requirements.
• Proficiency in contract lifecycle management tools and Microsoft Office Suite.
• Excellent negotiation, communication, and stakeholder management skills.
• Ability to manage multiple priorities in a fast-paced environment with attention to detail
• Analytical mindset for assessing contract performance and identifying optimization opportunities.
• Strong Communication and Interpersonal Skills. Ability to Thrive in a Fast-Paced Environment.
• Detail-Oriented and Accurate.
• Problem-Solving and Proactive Mindset.
• Team Collaboration and Adaptability

Work Experience &/or Education:

• Experience: 3–5 years in IT contract management, vendor management, or procurement. Experience collaborating with legal teams on contract reviews is preferred.
• Education: Bachelor’s degree in business administration, Legal Studies, Information Technology, or related field.
• Preferred: Familiarity with Vendor Management Systems (VMS) and IT sourcing strategies.