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Contracts Manager

Character Biosciences is a precision medicine company pioneering targeted therapies for polygenic diseases, with an initial focus on ophthalmology. At the core of Character Bio’s approach is a set of company-sponsored observational studies that integrate patients’ genetics with their longitudinal clinical and imaging data. Character’s interdisciplinary team, spanning clinical research, data science, statistical genetics, machine learning and drug discovery, leverages the company’s platform to uncover genetic drivers of disease progression, advance novel therapeutics, and define patient stratification strategies to enhance clinical success. The company is currently advancing two programs into the clinic for Dry Age-related Macular Degeneration (AMD)into the clinic, with additional programs in earlier stages of discovery research. 

We are seeking a highly motivated and independent Contracts Manager to oversee and manage our contracting processes, ensuring efficiency, compliance, and risk mitigation across the business.  As the Contracts Manager,  you will be responsible for drafting, reviewing, and negotiating a diverse range of contracts and for helping to build out Character’s contracting processes and workflow. You will work closely with cross-functional teams to align contracts with business objectives and drive operational efficiency. The first hire in this capacity, you will define and own the contracting function: establishing tools, templates, and processes that will scale with the company.

Key Responsibilities:

  • Review, draft, and negotiate various contract types including CRO/CDMO services agreements, consulting agreements, equipment purchase/rental and maintenance agreements, technology product and service agreements (including data security terms), and benefits agreements

  • Work collaboratively with business stakeholders and subject matter experts to identify gaps between proposed contract terms and company business requirements and to balance and monitor risk

  • Work closely with external legal counsel on complex agreements and legal matters as needed

  • Develop, maintain, and update standardized contract templates to streamline the contracting process

  • Implement and optimize contract management processes and tools to increase efficiency, reduce risk, and improve overall contract performance

  • Ensure agreements are finalized promptly and in accordance with our approval matrix

  • Maintain a centralized repository of all contract documents, ensuring accurate record-keeping and timely management of renewals, extensions, and terminations

Skills and Qualifications:

  • B.A. / B.S. (Paralegal background helpful but not a must)

  • 5+ years of progressive contract management experience, with a minimum of 3 years in the life sciences/biotechnology industry

  • Thorough understanding of contracting trade-off clauses and the risk trade-offs that come with these for key vendors in the biotechnology space (e.g. CROs CDMOs, laboratory suppliers, etc.)

  • Strong analytical and problem-solving skills to identify and address complex contract issues

  • Experience in negotiating basic contractual elements

  • Organized, process-driven, and resourceful with an attention to detail

  • Proven ability to work closely with science teams to incorporate accurate scientific and legal language that aligns contractual elements with project needs

  • Experience working in a fast-paced, dynamic environment, with a proven ability to adapt to changing priorities

  • Strong project management skills to oversee  multiple concurrent agreements  and ensure timely execution

  • Excellent written and verbal communication skills to effectively communicate with internal and external stakeholders

  • Enjoys building and optimizing processes and systems to improve efficiency and effectiveness

  • Possesses the ability to act independently and proactively to ensure effective workflows

Average salary estimate

$105000 / YEARLY (est.)
min
max
$90000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Contracts Manager, Character Bio

Are you ready to make an impact in the world of precision medicine? Character Biosciences, a pioneering company focused on targeted therapies for polygenic diseases, is on the lookout for a talented Contracts Manager to join our dynamic team in Jersey City. As our first hire in this role, you'll have the unique opportunity to shape and refine our contracting processes. This involves drafting, reviewing, and negotiating a wide range of contracts including agreements for CRO/CDMO services and consulting, all while aligning them with our business goals. Your knack for efficiently managing contract workflows and ensuring compliance will be invaluable as you collaborate closely with cross-functional teams. But that's not all; you'll also get to work with external legal counsel when faced with complex agreements. At Character, we believe in fostering an environment where your analytical and problem-solving skills can shine. With a background in life sciences or biotechnology and a deep understanding of contracting nuances, you'll be perfectly positioned to drive operational efficiency. Plus, your strong project management skills will help you juggle various agreements and ensure they’re executed on time. If you're organized, detail-oriented, and enjoy optimizing processes, we want to hear from you. Join us at Character Biosciences, where you’ll contribute to groundbreaking advancements in ophthalmology while enjoying a vibrant and supportive workplace culture!

Frequently Asked Questions (FAQs) for Contracts Manager Role at Character Bio
What are the key responsibilities of a Contracts Manager at Character Biosciences?

As a Contracts Manager at Character Biosciences, you will be tasked with drafting, reviewing, and negotiating a variety of contracts, including CRO/CDMO services agreements and consulting agreements. You'll work closely with cross-functional teams to align contracts with business objectives, as well as maintain and update standardized contract templates. Additionally, your role will involve implementing and optimizing contract management processes to enhance efficiency while ensuring compliance and risk mitigation.

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What qualifications are required for the Contracts Manager position at Character Biosciences?

Character Biosciences requires candidates for the Contracts Manager position to have a B.A. or B.S. degree, typically with at least 5 years of progressive contract management experience, including a minimum of 3 years in the life sciences or biotechnology industry. Familiarity with contracting trade-off clauses and strong analytical and problem-solving skills are essential for navigating complex contract issues. A paralegal background is advantageous but not mandatory.

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How does the Contracts Manager support operations at Character Biosciences?

The Contracts Manager at Character Biosciences plays a crucial role by establishing efficient contract workflows and maintaining a centralized repository for all contract documents. This ensures accurate record-keeping and timely management of contract renewals, extensions, and terminations, ultimately supporting the overall operational efficiency of the company as it advances its groundbreaking programs in ophthalmology.

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What skills are important for success as a Contracts Manager in the biotech industry?

Success as a Contracts Manager at Character Biosciences hinges on a combination of analytical, organizational, and project management skills. A deep understanding of contracting practices and the ability to work collaboratively with science teams are also vital. Strong written and verbal communication skills that can effectively convey complex legal and scientific concepts will enhance your contributions in this role.

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What is the role of collaboration in the Contracts Manager position at Character Biosciences?

Collaboration is key for the Contracts Manager at Character Biosciences. You'll work alongside various stakeholders, including business leaders and external legal counsel, to align contract terms with the company's strategic objectives. Engaging with cross-functional teams ensures that all contracts are tailored to meet specific project needs while safeguarding the company's interests and complying with regulatory standards.

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Common Interview Questions for Contracts Manager
Can you describe your experience with drafting and negotiating contracts?

Highlight your specific experiences, such as the types of contracts you've managed and your role in negotiations. Discuss how you've successfully balanced company interests with vendor terms, offering an example of a particularly complex contract you've navigated.

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How do you prioritize tasks when managing multiple contracts?

Explain your organizational methodology and tools you employ to keep track of multiple contracts. Discuss how you set deadlines, communicate with stakeholders, and manage potential bottlenecks to ensure timely execution.

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What strategies do you use to identify and mitigate risks in contracts?

Share your approach for reviewing contracts with a risk assessment lens, discussing specific clauses you focus on. Provide examples of situations where you've successfully identified potential risks and how you've addressed them in negotiations.

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How do you stay updated on changes in contract law relevant to the biotech industry?

Emphasize your commitment to continuous learning through attending industry conferences, subscribing to relevant legal publications, and being an active member of professional organizations. Discuss any specific resources or networks that have provided you valuable insights.

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Can you give an example of a time when you had to collaborate closely with a science team?

Provide a detailed narrative of a situation where clear communication with a science team was crucial for effective contract development. Highlight the outcomes of this collaboration and how it impacted the overall project.

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What tools have you used for contract management?

Detail the specific contract management software or tools you've utilized. Explain how these tools enhanced your efficiency in managing contracts and maintaining compliance, and mention any custom processes you've developed to better utilize these tools.

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Describe a challenging negotiation situation and how you handled it.

Reflect on a particular negotiation that posed challenges, detailing the stakes involved. Discuss your thought process, the negotiation strategies employed, and the eventual outcome, emphasizing your adaptability and problem-solving skills.

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What role does communication play in contract management?

Articulate the importance of clear and effective communication in ensuring that all parties understand contract terms. Discuss specific instances where communication has been key to resolving issues or advancing contract negotiations successfully.

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How do you manage changes or amendments to existing contracts?

Elucidate your process for reviewing and managing amendments. Discuss how you ensure that all stakeholders are informed and agree to the changes, and outline steps you take to document these amendments meticulously.

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What motivates you in the role of Contracts Manager?

Share your passion for contract management and how it drives you to excel in the role at Character Biosciences. Whether it's the satisfaction of achieving compliance or enabling groundbreaking projects through solid agreements, articulate what fuels your enthusiasm for the position.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 10, 2025

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