Senior Contract Analyst

Senior Contract Analyst

Requirements

• Bachelor’s degree with a minimum of 4 years working with contracts and/or contract negotiation experience or advanced degree (e.g. JD, Masters) with a minimum of 2 years working with contracts and/or contract negotiation experience

Responsibilities

• Help lead the effort to create global strategies for worldwide medical device approvals to introduce new products to market.
• Responsible for executing high-quality clinical agreements in a timely manner that balances the needs of all parties while maintaining internal and external relationships.
• Drafting, issuing, negotiating and finalizing a variety of clinical agreements (including budgets) utilizing enterprise-wide contracting processes.
• Using customer service skills such as clear and persuasive communication skills, time management skills, adaptability, patience, effective listening.
• Analysis of Fair Market Value (FMV) supporting budget development, negotiation, and documentation.
• Liaising with clinical teams, legal, reimbursement and other functional groups on clinical agreements and informed consents as appropriate.
• Conducting outsourcing proposal preparation and analysis, contract development and negotiation, contract administration, and supplier contact activities to provide for proper outsourcing contract execution and fulfillment.
• Tracking progress of contract activities, providing status updates to internal and external parties, compiling and analyzing contract data, and maintaining historical contract information.
• Comprehensive understanding and application of clinical contracting and negotiation principles, concepts and industry practices/standards.
• Thorough understanding and solid application of clinical trial industry practices, including thorough understanding of clinical trial agreements and budgeting process and/or vendor and consulting agreements and processes.
• Manages complex contract negotiations. Escalates negotiations from email to telephone and to higher methods in an effort to effectively progress contract negotiations while managing cycle times.
• Works independently and refers to established Medtronic policies, practices, and templates for guidance as needed.
• Drafts contract language per approved process using legal-approved templates and approved alternative language; secures legal approval as required.
• Uses sound critical thinking skills to review contract redlines for understanding and intent. Makes recommendations regarding how to proceed and secures additional input from legal, manager and/or clinical team as needed before responding to other party.
• May serve as a project leader for new or existing studies (with manager review/input).
• Effectively manages multiple contracting priorities and exerts influence as appropriate to ensure contracts are executed in a timely manner.
• Meets regularly, as needed, with study team members and/or other internal stakeholders and proactively provides status updates on contracting activities.
• Proactively manages workload in accordance with study milestones.
• Frequently interacts and communicates with internal customer/client, including senior management, and external other party.
• Recognizes opportunities to improve contract processes and proactively takes on process improvements projects after securing manager approval. Provides progress updates and recommends solutions to manager and shares supported recommendations with contracting personnel. Recognizes communication challenges; proactively and effectively addresses/manages issues with limited manager input.

Preferred Qualifications

• Experience supporting clinical research or similar experience in a medical/scientific area
• Good Clinical Practices (GCP) background
• Vendor agreement and management experience
• Experience working in a matrix environment with proven cross-functional experience
• Previous experience in customer-facing role
• Project Management experience
• Experience with Microsoft Office (e.g. Word, Excel, PowerPoint)