Legal Procurement Advisor

Location:

Responsibilities for Procurement Legal Advisor within the Key Procurement Department include:  The ability to understand and negotiate standard procurement agreements, provide advice regarding regulatory compliance and legal requirements that pertain to procurement agreements, participate in procurement negotiations, assure that the desired business and legal terms and conditions are captured and contained in the agreement, ensure that the agreements appropriately address Key’s risk tolerances, work closely with internal risk partners and internal clients to assure business/regulatory needs are met, and provide legal counsel primarily to procurement strategists.

Success criteria include:  Effectively negotiate a high volume of agreements, manage the standard procurement agreement process; work closely with all KeyCorp risk groups and lines of business to assess both business needs and risks, and assure that Key’s procurement contracts are in compliance with applicable laws and regulations.

What

How

Outcome

Act as knowledgeable business partner by providing competent and effective legal advice and support.

• Provide procurement legal contract support for assigned clients with focus on obtaining business objectives while adequately addressing associated risks
• Perform legal research involving procurement issues
• Provide prompt legal counsel primarily to associate procurement strategists

Client requests receive timely and collegial responses providing final resolution or an acceptable date for completion/delivery.

Workload for diverse client base, including diverse requests, is organized and prioritized in accordance with reasonable delivery dates.

Clients’ procurement needs are met to allow Key to maintain a competitive advantage and procurement savings targets of the organization.

Effectively draft and negotiate contracts

• Participate in the contract negotiation process
• Identify and perform critical analysis of significant legal issues involving the procurement of goods and/or services
• Utilize high-quality oral and written communication skills
• Work with other legal professionals, including those in the Key Law Group and outside counsel

Contracts are completed within a reasonable time and adequately address the business needs while protecting Key’s interests.

Identify and effectively manage risk

• Identify risk issues and integrate the appropriate language into the agreement to mitigate such risk
• Collaborate with compliance and risk groups to identify, assess, and mitigate risk
• Elevate critical risk issues to line of business senior management as appropriate
• Keep informed of latest legal and regulatory trends.

Sound legal judgment resulting in reasonable risk-appropriate decisions.

Procurement Advisor viewed as significant participant in the procurement risk assessment process by manager, senior management, risk officers, and clients.

Develop effective and collaborative relationships

• Develop and maintain strong collaborative and collegial relationships with clients, procurement and law group colleagues
• Develop and maintain collaborative and collegial relationships with outside attorneys and industry representatives
• Treat co-workers, clients, and external contacts with professionalism and respect
• Participate in project teams and support other lines of business as requested

Support partners, clients and co-workers and be known as being an approachable, responsive, and knowledgeable resource.

Gain respect of co-workers, clients, senior management, and external contacts.

• Bachelor’s Degree, Juris Doctorate
• License to practice law and in good standing

• Up to three (3) years of relevant experience
• Proficient in researching, drafting, and negotiating legal agreements
• Good written and communication skills
• Ability to work independently
• Ability to understand and work within the business, compliance, and regulatory environment associated with procurement and the financial services industry
• Ability to develop technical, legal, and business knowledge in relevant areas, and willingness to develop cross-functional knowledge
• Ability to organize information, recommend solutions, communicate, and collaborate with legal and business professionals

• Knowledge of financial services industry and regulatory environment
• Knowledge of commercial law and procurement/supply chain processes
• Ability to work in a fast-paced environment
• Attendance at continuing legal education seminars and professional forums that provide timely information on developments in the industry

• Accountability:  Keeps promises and honors commitments; accepts responsibility for mistakes and failures and learns from them; honors commitments and demonstrates open, honest communication.
• Effective Collaboration:  Identifies and involves the right stakeholders to make decisions and maximize results; readily shares information, knowledge, best practices, and ideas with teammates; leverages opportunities and capabilities across the team to accomplish goals; attentive and active listener; has the patience to hear people out; can accurately restate the opinion of others even when he/she disagrees.
• Client Focus: Dedicated to meeting the expectations and requirements of internal clients; acts with shareholder value in mind; establishes and maintains effective relationships with and gains their trust and respect.
• Business Acumen:  Knows how businesses work; knowledgeable in current and possible future policies, practices, trends, and information affecting his/her business and organization; knows the competition; is aware of how strategies and tactics work in the marketplace.
• Developing Self:  Takes ownership of personal development plan and seeks opportunities to further develop professional effectiveness. 

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment.  As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties. Preferred location for the position is Brooklyn, OH. If selected candidate is local to Brooklyn, OH, they will typically work a minimum of one day a week (Wednesdays) at the office location. Team may be open to considering candidates that are local to Buffalo, New York.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $70,000.00 to $90,000.00 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance

Please click here for a list of benefits for which this position is eligible.

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.