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Director of Contracts

The Basics:

Director of Contracts will support global strategic, enterprise and mid-market teams primarily in the Americas-East region with a focus on regulated industries (Banking, Local Government, Healthcare). This is a highly autonomous role and as such you will be empowered to make decisions on the contractual positions such as data privacy, artificial intelligence, scope of warranties, indemnities, and liabilities, all in accordance with corporate guidance and policies, and in consultation with the Sr. Director of Contracts (or their designee). You will work closely with cross-functional team members to ensure the contractual obligations are understood by the impacted teams and will advise certain leadership team members on the status of the deals and commercial strategies relative to key transactions in their region(s)In addition, you will be responsible for maintaining weekly forecast updates and working directly with Contract Operations team members for marking and tracking specific contract terms through the Contract Life Cycle (CLM) tool.   

What you’ll do:

  • Advise direct manager on proposed contract model and risk tolerances for supported region(s)
  • Work autonomously to develop commercial, legal and support terms for supported region(s)
  • Draft, negotiate and manage complex end user and partner order forms for accounts in support region(s)  
  • Interpret contracts and advise internal stakeholders and senior leadership team on contractual matters and risk  
  • Implement and follow negotiation and playbook policies and strategies
  • Utilize CRM, CLM and E-Signature tools, e.g., Salesforce, Conga and DocuSign, respectively
  • Administer and communicate non-standard contractual obligations to sales and technical teams
  • Prepare and deliver contract training materials for sales and technical teams
  • Prepare executive level summaries and escalations for all contract types 

We’re looking for someone with:

  • Bachelors Degree or equivalent experience
  • Minimum 5 years of relevant experience with commercial end user contract negotiation and management
  • Be able to manage multiple negotiations and work efficiently under pressure
  • Be able to work independently
  • Significant experience in drafting and negotiating software licensing agreements and software-as-a-service contracts
  • Significant experience and working knowledge of data privacy laws and terms
  • Candidates based in EST preferred

About Tanium 

Tanium delivers the industry's only true real-time cloud-based endpoint management and security offering. Its converged endpoint management (XEM) platform is real-time, seamless, and autonomous, allowing security-conscious organizations to break down silos between IT and Security operations that results in reduced complexity, cost, and risk. Securing more than 32M endpoints around the world, Tanium's customers include Fortune 100 organizations, top US retailers, top US commercial banks, and branches of the U.S. Military. It also partners with the world's biggest technology companies, system integrators, and managed service providers to help customers realize the full potential of their IT investments. Tanium has been named to the Forbes Cloud 100 list for nine consecutive years and ranks on the Fortune 100 Best Companies to Work For. For more information on The Power of Certainty™, visit www.tanium.com and follow us on LinkedIn and X. 

On a mission. Together. 

At Tanium, we are stewards of a culture that emphasizes the importance of collaboration, respect, and diversity. In our pursuit of revolutionizing the way some of the largest enterprises and governments in the world solve their most difficult IT challenges, we are strengthened by our unique perspectives and by our collective actions.   

We are an organization with stakeholders around the world and it’s imperative that the diversity of our customers and communities is reflected internally in our team members. We strive to create a diverse and inclusive environment where everyone feels they have opportunities to succeed and grow because we know that only together can we do great things. 

Each of our team members has 5 days set aside as volunteer time off (VTO) to contribute to the communities they live in and give back to the causes they care about most.   

What you’ll get

The annual base salary range for this full-time position is $105,000 to $315,000. This range is an estimate for what Tanium will pay a new hire. The actual annual base salary offered may be adjusted based on a variety of factors, including but not limited to, location, education, skills, training, and experience.

In addition to an annual base salary, team members will receive equity awards and a generous benefits package consisting of medical, dental and vision plan, family planning benefits, health savings account, flexible spending account, transportation savings account, 401(k) retirement savings plan with company match, life, accident and disability coverage, business travel accident insurance, employee assistance programs, disability insurance, and other well-being benefits.

 

For more information on how Tanium processes your personal data, please see our Privacy Policy.

#Hybrid

Average salary estimate

$210000 / YEARLY (est.)
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$105000K
$315000K

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What You Should Know About Director of Contracts, Tanium

Are you ready to lead the charge as the Director of Contracts at Tanium in beautiful Durham, NC? In this dynamic and autonomous role, you’ll support our global strategic, enterprise, and mid-market teams, placing a special emphasis on regulated industries like Banking, Local Government, and Healthcare. This isn’t just another job; it’s an opportunity for you to really shine by making the calls on critical contractual positions including data privacy, AI, warranties, and liabilities. You’ll work closely with cross-functional teams, ensuring everyone is on the same page regarding contractual obligations while advising leadership on deals and commercial strategies. Additionally, you’ll be in charge of maintaining weekly forecasts and collaborating with the Contract Operations team, using cutting-edge tools like Salesforce and DocuSign to manage and track contracts through their lifecycle. If you have a Bachelor’s degree and possess at least five years of solid experience in commercial end-user contract negotiation, this could be the perfect fit for you. We’re looking for someone who thrives under pressure, can manage multiple negotiations independently, and ideally has significant exposure to software licensing and data privacy laws. With Tanium, you’ll not only climb the corporate ladder but also join a mission-driven culture that values collaboration, diversity, and community service. With benefits ranging from health coverage to equity awards, this is a fantastic moment to join a company committed to real-time endpoint management and security for organizations worldwide.

Frequently Asked Questions (FAQs) for Director of Contracts Role at Tanium
What are the key responsibilities of the Director of Contracts at Tanium?

The Director of Contracts at Tanium is responsible for supporting global teams in regulated industries, developing commercial and legal terms, drafting, negotiating, and managing contracts, interpreting contract obligations, and advising senior leadership on risk. The role also involves training teams on contractual matters and ensuring forecasts are maintained accurately.

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What qualifications do I need to apply for the Director of Contracts position at Tanium?

To apply for the Director of Contracts position at Tanium, you should have a Bachelor’s degree or equivalent experience, at least five years of relevant experience in commercial end-user contract negotiation and management, and substantial knowledge of software licensing agreements and data privacy laws. Proven skills in independent work and multi-task management are vital.

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How does the Director of Contracts at Tanium interact with other teams?

The Director of Contracts at Tanium plays a pivotal role in collaborating with cross-functional teams. You will ensure that all stakeholders understand contractual obligations and will provide critical advice on deals and commercial strategies. Your ability to communicate non-standard contractual obligations effectively will be essential for team success.

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What tools will I need to be familiar with as the Director of Contracts at Tanium?

In the role of Director of Contracts at Tanium, you will need to use tools like Salesforce for CRM, Conga for contract lifecycle management, and DocuSign for e-signatures. Familiarity with these platforms will aid in efficiently managing contracts and tracking specific terms throughout their lifecycle.

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What is the compensation range for the Director of Contracts position at Tanium?

The compensation range for the Director of Contracts position at Tanium is between $105,000 to $315,000 annually. This range considers various factors such as location, education, skills, and experience, and may also include equity awards and a comprehensive benefits package.

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Common Interview Questions for Director of Contracts
Can you describe your experience with contract negotiation?

When answering this question, highlight specific examples of complex contracts you’ve negotiated, any challenges faced, and the outcomes achieved. Emphasize your strategic approach and how you tailored terms to meet both organizational goals and client needs.

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How do you prioritize multiple contract negotiations?

Discuss your time management strategies and how you assess the urgency and importance of each negotiation. Provide insights into methodologies you use to ensure that deadlines are met without compromising quality.

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What strategies do you use to mitigate risk in contracts?

Identify specific techniques you employ to recognize potential risks in contracts and how you address them proactively. Highlight your familiarity with data privacy laws and how that informs your approach to risk management.

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How do you ensure compliance with contract obligations?

Explain the systems and processes you have in place for monitoring compliance, as well as how you communicate obligations to relevant teams. Discuss your experience with contract lifecycle management tools that support this effort.

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Describe a time you had to manage a difficult negotiation.

Narrate a particular scenario where negotiations became challenging, what strategies you implemented to overcome obstacles, and the eventual result. Focus on your communication and problem-solving skills throughout.

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How do you stay updated on changes in data privacy laws?

Share the resources, networks, or training you engage with to stay abreast of changes in data privacy legislation. Discuss any relevant courses or certifications you may have undertaken.

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What role do you believe a Director of Contracts plays in strategic planning?

Discuss how the Director of Contracts contributes to broader strategic initiatives by ensuring contractual alignments with business objectives, and how you foresee the impacts of contract terms on long-term strategies.

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Can you explain your experience with e-signature and contract management tools?

Identify the specific tools you have worked with, explaining your proficiency and how you have used them in previous roles to streamline contract management processes. Concrete examples will reinforce your experience.

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How do you handle non-standard contractual obligations?

Describe your approach to communicating non-standard contractual obligations to sales and technical teams, including methods for ensuring understanding and compliance within the organization.

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What do you believe is the biggest challenge in contract negotiation today?

Provide insights into current trends or challenges in contract negotiation, such as evolving technology or regulatory landscapes. Offer your perspective on how to navigate these challenges effectively.

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Full-time, hybrid
DATE POSTED
January 10, 2025

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