Contract Manager

Support Navy Federal Procurement team's objectives by negotiating, executing, negotiating, and managing commercial contracts for the acquisition of technologyrelated products and services
Draft, review, and negotiate commercial contracts in the area of technology across different product categories. Experience with cloud services and artificial intelligence (AI) terms negotiations is a bonus
Lead negotiations on contract modifications with stakeholder input
Assist internal stakeholders with contractual matters, requirements, risk management, and mitigation strategies
Ensure the level of effort and attention to detail is commensurate with the complexity, value, and risk associated with acquisition
Establish an acquisition strategy to include the type of contract, milestones, and business requirements
Coordinates review of contracts or purchase agreements with Procurement Management and in conjunction with Office of General Counsel, as required
In conjunction with the Business Unit, analyzes vendor proposals and price quotes Performs cost or price analysis, including review of cost breakdowns to determine reasonableness
In conjunction with the Business Unit, develops negotiation objectives and leads negotiations related to contract pricing, terms and conditions with potential contractors. As appropriate, confers with offices of General Counsel, and subject matter experts
Prior to contract execution, meets with Business Units and vendor and reviews key contract terms, conditions, and requirements including deliverables, and timelines
Interprets contract provisions for Business Units and provides appropriate guidance
Leads negotiations on contract modifications
Closes out the contract or issues termination notices and reviews settlement proposals Presents alternatives and recommendations to solve unique and complex problems
Ensure clear, concise, and effective communication
Anticipates issues and identifies solutions