Role: Legal Contract Review – Regulatory
Location: Hybrid in Minneapolis, MN
Duration: Contract through the end of the year
Compensation: $48.00 – 52.00/hr
Work Requirements: US Citizen, GC Holders or Authorized to Work in US

If interested, please contact Margot Parsons at mparsons@inspyrsolutions.com or call 714-465-5478

Overview:
This is an amendment initiative to review certain existing contracts to determine if the relevant language is included in the agreements. Subsequently, as needed, drafting amendments, negotiating, and routing for approvals and signatures.

Key Skills:

• Advance understanding of legal and regulatory issues to negotiate effectively with third-party vendors and meet internal and external compliance requirements
• Understands and applies the internal contracting policy, third party risk policy, contracting procedures, and procurement practices to meet business line needs and can direct bank employees to tools and practices that support third party contracting.
• Prefer detail-oriented problem solvers who can work in an individual capacity but know when to raise questions.
• Microsoft Word is required. Contract Lifecycle tools – Agiloft specifically is helpful.
• Law Licenses, or graduation from law school

Responsibilities:

• Leads individual contract negotiations, communicates effectively and professionally to inform internal subject matter experts of issues presented with analysis, and to advise business lines on the progression of contract and potential changes to risk profile.
• Works with various levels of the organization, including and up to the managing committee and senior leadership.
• Navigates supporting applications, including Archer Risk Assessment, Agiloft, and SharePoint, to find information necessary for negotiations.
• This project will entail the review of existing agreements to determine gaps in contract language, the creation of an amendment, and the subsequent negotiations.
• Comfortable taking ownership of more complex issues, able to navigate different areas of the bank to find answers specific to their negotiation, and knows when to escalate issues to management, recognizing potential for larger impact.
• Has a solid understanding of the regulations and laws affecting third-party contracting, and knowledge of the resources and subject matter experts to leverage during negotiations.
• Comfortable working with ambiguity and determining the path forward.
• Leads negotiations, problem solves, and brings forth solutions or ideas for the entire group. This person exhibits ongoing teen engagement is a resource for day-to-day improvements with systems and processes.

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