Contracts Specialist III

Position: Contacts Specialist III

Reports To: General Counsel II

Location: Radford, Virginia - OR - Milwaukee, Wisconsin HQ

Job Summary:

The Contract Specialist III is responsible for providing contract and compliance support to the Motion Control Systems division of Regal Rexnord Corporation's Automation and Motion Control segment. The Motion Control Systems is a division of the company with global locations in the United States, Europe and APAC. Motion Control Systems manufactures and sells precision motors and drives under the Kollmorgen brand. Kollmorgen products serve a broad range of exciting industries, including Aerospace & Defense, Factory Automation, Robotics and Medical.

In partnership with the Segment General Counsel, Automation and Motion Control, this role will manage and oversee the contract lifecycle for Motion Control Systems, ensuring compliance with organizational policies and legal requirements. This role involves negotiating, drafting, reviewing, and administering contracts to support the organization's objectives. The Contract Specialist III will work closely with various departments to ensure contracts are executed efficiently and effectively.

While the Contract Specialist III will directly support the Motion Control Systems business, this role will have strong connectivity to the Regal Rexnord corporate legal and compliance teams to promote thought partnership and to ensure strong functional support and alignment with Regal Rexnord's organization-wide contract policies and processes.

Key Responsibilities:

• Contract Management:Oversee the entire contract lifecycle, from initiation to execution and renewal.

• Negotiation:With support and oversight from the Segment General Counsel, Automation and Motion Control, lead contract negotiations with vendors, suppliers, and other third parties to secure favorable terms.

• Drafting and Reviewing:Draft, review, and revise contracts to ensure accuracy, completeness, and compliance with legal and organizational standards.

• Compliance:Ensure all contracts comply with relevant laws, regulations, and organizational policies, with a focus on government contract compliance (FAR/DFARS). Monitor regulatory developments and cascade relevant developments to stakeholders. Support compliance processes and certifications related to government contracts.

• Risk Management:Identify and mitigate potential risks associated with contracts.

• Collaboration:Work closely with internal Motion Control Systems stakeholders, including legal, finance, and procurement teams, to ensure contract terms align with organizational goals. Collaborate with stakeholders in other Regal Rexnord divisions to represent Motion Control Systems' interests in cross-division contract negotiations. In addition, the role will partner with Regal Rexnord Corporation's corporate legal team to deploy segment- or organization-wide legal and compliance initiatives to the Motion Control Systems team.

• Record Keeping:Maintain accurate and up-to-date records of all contracts and related documentation.

• Training and Mentorship:Train Motion Control Systems stakeholders on key contract and compliance topics.

Qualifications:

• Education:Bachelor's degree in Business Administration, Law, or a related field. A Master's degree or professional certification (e.g., CPCM, CFCM) is preferred.

• Experience:Minimum of five (5) years of experience in contract management, with a proven track record of handling complex contracts, preferably in Aerospace and Defense contracts.

• Skills:

  • Strong negotiation and communication skills.

  • Excellent attention to detail and organizational skills.

  • Strong business acumen and experience working in a global / multinational organization.

  • Proficiency in contract management software and Microsoft Office Suite.

  • Ability to work independently and as part of a team.

  • Strong analytical and problem-solving abilities.

  • Preference for experience managing contract repositories and other contract lifecycle management tools.

  • Continuous improvement mindset, with a preference for experience implementing process tools and improvements.

Working Conditions:

• Location: Radford, Virginia or Milwaukee, Wisconsin

• Environment:Office setting with occasional travel for meetings and negotiations.

• Hours:Standard business hours with some flexibility required for deadlines and urgent matters.

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• Medical, Dental, Vision and Prescription Drug Coverage

• Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

• Paid Time Off and Holidays

• 401k Retirement Plan with Matching Employer Contributions

• Life and Accidental Death & Dismemberment (AD&D) Insurance

• Paid Leaves

• Tuition Assistance

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.