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Contract Analyst - job 2 of 2

Onbe is a fast-growing FinTech focused on contract management for revenue deals. They seek a detail-oriented Contracts Analyst to join their legal team.

Skills

  • Contract drafting experience
  • Organizational skills
  • Proficiency in MS Office
  • Experience with CLM and CRM tools

Responsibilities

  • Review and draft contracts including client agreements and statements of work
  • Manage contract lifecycle using CLM and CRM tools
  • Track and report on key metrics related to contracts
  • Communicate with stakeholders and ensure compliance with legal requirements

Education

  • Bachelor's degree preferred

Benefits

  • Medical, dental, vision coverage
  • 401(k) matching
  • Generous paid time off
  • Parental leave
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$91485 / YEARLY (est.)
min
max
$88470K
$94500K

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 Contract Analyst, Onbe

Onbe, a fast-growing FinTech company located in Buffalo Grove, Illinois, is on the lookout for a knowledgeable and detail-oriented Contract Analyst. In this pivotal role, you'll be the backbone of our contract management process, ensuring smooth collaboration with sales and account executives. Your day-to-day will be varied and engaging, from drafting contracts and managing tracking metrics to supporting stakeholders in navigating processes and tools. You'll take charge of the entire contract lifecycle, working closely with the legal team to ensure compliance and facilitate approvals. Our ideal candidate is someone who is analytically minded and can juggle multiple priorities with ease—keeping both our clients and internal teams satisfied. With a hybrid work model requiring only one day onsite per week, you’ll also enjoy some flexibility while still being an integral part of our diverse team. Onbe values innovation, communication, and the strength that comes from diverse perspectives. This is not just a job; this is an opportunity to contribute your expertise and grow in a supportive environment. Let’s transform the way payments are imagined, together!

Frequently Asked Questions (FAQs) for Contract Analyst Role at Onbe
What are the primary responsibilities of a Contract Analyst at Onbe?

As a Contract Analyst at Onbe, your main responsibilities will include reviewing, drafting, and analyzing various contracts such as master client agreements and statements of work. You'll manage the contract lifecycle using CLM and CRM tools, ensuring contracts go through the necessary approval processes and comply with legal requirements.

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What qualifications are required for the Contract Analyst position at Onbe?

To be successful as a Contract Analyst at Onbe, you should have 3-5 years of experience in contract drafting and management. Strong organizational skills and the ability to handle multiple priorities are crucial, along with exceptional communication skills and proficiency in tools like MS Office and a CLM tool.

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What does the contract lifecycle management process look like at Onbe?

At Onbe, the contract lifecycle management process involves several stages: from contract generation and drafting, to routing for approvals, execution, and post-closing procedures. You'll track key metrics throughout to ensure efficient contract handling and maintain compliance with policies.

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Is prior FinTech experience necessary for the Contract Analyst position at Onbe?

While prior experience in FinTech or payments is preferred for the Contract Analyst role at Onbe, what’s most important is your ability to manage contracts effectively and drive successful outcomes while collaborating with various stakeholders.

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What opportunities are available for career advancement as a Contract Analyst at Onbe?

At Onbe, there's a strong focus on nurturing talent and innovation, which presents excellent opportunities for career advancement. As a Contract Analyst, you'll collaborate with senior leadership and have the chance to contribute to process improvements, setting the stage for further growth within the company.

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Common Interview Questions for Contract Analyst
Can you describe your experience with contract drafting?

In this answer, detail specific contracts you've worked on, explaining your role in drafting, reviewing, and the types of agreements involved. Emphasize your attention to detail and understanding of compliance requirements.

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How do you prioritize tasks when managing multiple contracts?

Discuss your organizational strategies, such as using tools to track progress and setting deadlines. Highlight your ability to assess urgency and communicate effectively with stakeholders to manage expectations.

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What legal considerations do you take into account when reviewing contracts?

Explain the key legal aspects you focus on, such as compliance with company policies, identifying potential risks, and ensuring all necessary clauses are included. This showcases your awareness of the legal landscape related to contracts.

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How do you work with a team to achieve contractual objectives?

Illustrate your collaborative approach. Mention how you liaise with sales, account managers, and the legal team to gather input and ensure everyone is aligned on contract goals, thereby creating a cohesive environment.

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What tools or software do you prefer for contract lifecycle management?

Specifically mention any CLM or CRM tools you have experience with. Discuss the benefits of these tools in streamlining processes and making contract management more efficient, which aligns with Onbe’s expectations.

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How do you handle contract disputes or issues that arise?

Detail your problem-solving approach, including how you communicate with concerned parties, any escalation processes you follow, and steps you take to mitigate risks and resolve issues amicably.

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What would you do if a contract doesn’t meet compliance standards?

Describe your approach to identifying compliance issues, your communication strategies for addressing them with relevant teams, and the corrective actions you would recommend to ensure compliance.

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How have you contributed to process improvements in previous roles?

Share concrete examples of initiatives you have led or participated in that improved efficiency, accuracy, or stakeholder satisfaction. This reflects your proactive mindset and alignment with Onbe’s values of innovation.

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How do you ensure accuracy when managing multiple ongoing contracts?

Discuss your quality assurance methods, how you maintain organized records, and tools you use to double-check details, all of which demonstrate your commitment to precision in contract management.

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Why do you want to work as a Contract Analyst at Onbe?

Express your interest in the FinTech industry, your enthusiasm for Onbe’s mission, and how your skills align with the company’s needs. Share your excitement about contributing to a culture that prioritizes diversity and inclusion.

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Onbe, a fast-growing fintech, bringing innovation to a growing global marketplace, stands for “on behalf.” Because that’s exactly how we work: on behalf of your company, as your comprehensive payments partner.

31 jobs
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FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$88,470/yr - $94,500/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 18, 2025

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