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Sr. Manager Contract Management

Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
United States, Texas, Frisco
Dec 28, 2024
Sr. Manager Contract Management
The Vice President, Sr. Manager Contract Management is responsible for managing the contract management team and associated processes. This position has primary responsibilities for managing the execution of the contracting process, working in collaboration with business stakeholder to negotiate and finalize third-party supplier agreements. This position is the Product Manager for the new enterprise contract lifecycle management system and will be responsible for business process administration and maintaining contract templates, clause library, compliance, and key legal obligations in the system.
Position Responsibilities:


  • Oversees the execution of contracts management team and associated activities.
  • Responsible for identifying and mitigating contract risk in collaboration with Legal, Technology, Risk and Business stakeholder areas.
  • Product Manager for new enterprise contract lifecycle management system (CLM). 10% Business process administration and maintain contract templates, clause library and key legal obligations in CLM.
  • Authorized to approve contracts in accordance with Procurement and Contract Administration policy.
  • Develop and negotiate commercial terms and strategies.
  • Responsible for managing direct reports (hiring and performance management of resources) supporting the execution of sourcing processes.

Position Qualifications:


  • JD in Law and/or Paralegal, Supply Chain Management
  • 8 years of experience in management of procurement/ contracting processes
  • 8 years of experience in managing a high-paced environment
  • 8 years of experience in presenting ideas and assessment results to senior management, strong analytical and communication skills
  • 8 years of experience in redlining and authoring contact documents

Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days Hours: 8:00am - 5:00pm Monday - Friday Salary: To Be Determined Based on Individual Experience

About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.

Upon offer, Comerica conducts a comprehensive background and fingerprint check.

NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.

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