Contract Analyst - job 1 of 2

As a Contracts Analyst at Onbe, your key responsibilities will include reviewing, drafting, and analyzing a variety of contracts such as master client agreements and non-disclosure agreements. You'll manage the entire contract lifecycle using specialized tools and collaborate with various stakeholders to ensure that contracts meet legal and business requirements. Your role will also involve tracking key metrics related to contract management and finding ways to improve processes. This role is essential in supporting the growth organization and requires a detail-oriented and organized individual.

To be considered for the Contracts Analyst position at Onbe, you should have 3-5 years of experience in contract drafting and legal document management. Strong organizational skills and the ability to manage multiple priorities are essential, as well as a proven track record in working autonomously while maintaining accountability. Familiarity with contract lifecycle management tools and a proficiency in MS Office applications is required. Experience in the FinTech or payments industry is preferred, making you an ideal candidate for this role.

In your role as a Contracts Analyst at Onbe, you will utilize various tools for contract lifecycle management (CLM) and customer relationship management (CRM), such as Agiloft and Dynamics. These tools will help you manage contracts from generation to execution and track progress efficiently. Your comfortable use of MS Office software, including Word, Excel, and Teams, will support your day-to-day tasks, enabling you to maintain organization in a fast-paced environment.

The Contracts Analyst role at Onbe is not fully remote. It is a hybrid position that requires you to be onsite at our Conshohocken, PA location for two days a week. This setup offers you the flexibility of remote work while still allowing for in-person collaboration with your colleagues, which is invaluable for fostering teamwork and building relationships within the company.

The salary range for the Contracts Analyst position at Onbe is budgeted between $88,470 to $94,500 annually, with eligibility for an annual bonus. The actual salary offered will depend on various factors, such as your qualifications, experience level, and specific skills you bring to the role. Onbe is dedicated to providing a competitive compensation package along with attractive benefits to nurture our employees' well-being and career growth.

When drafting and reviewing contracts, I focus on understanding the needs of all stakeholders involved. I prioritize clarity and compliance with legal standards. It’s essential to identify key terms and ensure that contract language aligns with both company objectives and legal guidelines. I also recommend using tools for tracking revisions and maintaining clear communication with all parties involved.

I have extensive experience using contract lifecycle management (CLM) tools and customer relationship management (CRM) systems. My proficiency in these tools includes drafting contracts, tracking their status, and ensuring timely approvals. By utilizing these systems effectively, I can streamline the contract process, minimize errors, and report on key metrics accurately.

In my previous roles, I've tracked metrics such as contract approval times, renewal rates, compliance adherence, and the number of contracts processed within a specific timeframe. These metrics provide valuable insights into process efficiency and areas needing improvement, which ultimately contributes to better overall contract management.

I handle competing priorities by employing strong organizational skills and time management techniques. I assess the urgency and importance of each task, and I communicate openly with team members about deadlines. Utilizing task management tools helps me stay organized and focused, ensuring that critical deadlines are met even when multiple projects are in flight.

In a previous position, I identified a risk related to the non-compliance of a contract term with company policy. I immediately escalated the issue to the appropriate team for review, offering solutions to amend the term for compliance. Proactive communication and collaboration allowed us to address the risk before final execution, sustaining the trust and integrity of our contractual relationships.

I prioritize active listening and clarity in my communication with stakeholders. Keeping everyone updated on contract statuses and fostering an open dialogue encourages a collaborative environment. I also use visual aids and straightforward language to simplify complex terms and ensure all parties understand their responsibilities.

I have participated in numerous contract negotiations where my role involved facilitating discussions between parties with differing interests. I focus on finding common ground and ensuring that both sides feel heard. Utilizing persuasive communication and a clear understanding of the company's objectives helps achieve favorable terms while maintaining strong professional relationships.

I am quite familiar with legal terminology related to contracts, as my role requires understanding complex language and potential implications. I continually update my knowledge through legal resources and training. Additionally, I collaborate with legal professionals to ensure clarity and compliance, making sure that contracts meet all necessary standards before execution.

To stay organized while managing multiple contracts, I use digital project management tools to create a centralized tracking system. This system includes timelines, milestones, and document storage, allowing me to access all necessary information quickly. Regularly reviewing my priorities and updating my workflow is key to maintaining an organized approach that ensures deadlines are met.

The most critical aspect of contract management is ensuring compliance with legal and business standards. Proactively identifying potential risks and having processes in place to mitigate them is essential. Additionally, maintaining strong relationships with stakeholders and open communication fosters collaboration, enhancing the overall effectiveness of the contract lifecycle.