Legal Contracts Professional

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GENERAL FUNCTION:

As a Legal Staff Professional within our legal department, you will initiate and manage various supplier contracts in partnership with our Sourcing/Third Party Management group and our internal Lines of Business. In addition, you will play an integral part in developing negotiation strategies and leading the negotiation of complex supplier contracts, while ensuring that risk is mitigated. In this role, you will have the opportunity and ability to add value to our legal function by acting as a subject matter expert in this area, and by helping to identify and solve an array of challenging legal issues.  

DUTIES:

• Negotiates complex contracts/agreements, collaborates with lines of business in negotiations, and performs associated administrative tasks.
• Supports supplier contract activities in association with bank acquisitions.
• Works closely with the Sourcing team and lines of business to incorporate into the contract terms and pricing agreements made in the negotiation process.
• Works closely with the Sourcing group to ensure sourced supplier contracts are structured with appropriate risk allocation provisions and mechanisms to assure the supplier’s performance in meeting business objectives. 
• Develops negotiation strategy and leads negotiation of complex supplier contracts.
• Establishes and maintains a strong working relationship with the Sourcing group, lines of business and suppliers to optimize negotiations and align with regulatory oversight.
• Works towards an improved supplier service, savings, and minimizes contractual risks.  
• Maintains a strong working knowledge of contract management guidelines related to supplier contracts, and customizes legal contract language within those guidelines to address specific business issues.
• Drafts non-standard contract terms and conditions to ensure contract provisions meet corporate objectives.
• Provides authoritative guidance to internal business teams on corporate goals and objectives relating to contract activity.
• Acts as a liaison between suppliers, corporate legal staff and lines of business as needed.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED

• Demonstrated experience doing legal contracts work.
• Minimum of 4-7 years experience in legal.
• Advanced computer skills preferred.
• Ability to coordinate multiple large projects and requests of a complex nature required.
• Excellent verbal, written, interpersonal communication skills and ability to interact well with all organizational levels.
• Ability to work in matrix environment and collaborate with all stakeholders.
• Demonstrated conflict resolution, influence and negotiations skills.
• Maintains a professional presence in highly escalated or adverse situations.
• Maintains a high level of confidentiality.

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Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.