Contracts Manager III
Yesterday• Vienna, VA
Overview
To support Navy Federal's business objectives by negotiating, executing, and managing commercial contracts for the acquisition of goods and services. Works independently with very limited guidance or oversight.
Responsibilities
- Draft, review, and negotiate a variety of complex commercial contracts
- Establish acquisition strategy to include solicitation method, vendor selection process and/or justifications for sole/single source acquisition, the type of contract to be used for the acquisition, terms and conditions, requirements, milestones, etc.
- Provide advice to internal stakeholders on contractual matters, requirements, risk management, and mitigation strategies
- Coordinate/develop pre-negotiation objectives
- Lead negotiations on contract modifications with stakeholder input
- Anticipate contractual issues and present recommendations to address and solve
- Ensure the level of effort and attention to detail is commensurate with the complexity, value, and risk associated with the acquisition
- Pre-award phase: collaborate with internal stakeholders to develop a robust acquisition strategy that includes clear and measurable requirements, appropriate milestones, and clearly defined acceptance criteria
- Plan, develop, analyze, and oversee the solicitation process for large and complex purchases
- Facilitate development of acceptable service level agreements in contracts requiring definitive levels of service or contracts in which service outages have substantial negative impacts
- Assess contractual sufficiency and recommend appropriate actions to stakeholders
- Award or recommend contracts within delegated contracting authority for award
- Post Award: Retain overall responsibility for life of contract and monitoring of performance, compliance, and other contractual obligations
- Coordinate and oversee contract administration and contract quality assurance to include adherence to service level agreements and requirements satisfaction
- Coordinate and oversee contract issue resolution
- Track Key Service Provider requirements and activities; track funding
- In conjunction with the stakeholder and Office of General Counsel, prepare Navy Federal's position on contract disputes and recommend a decision for dispute settlements
- Build and maintain relationships with senior leadership, team members, key stakeholders and/or external contacts (vendors, etc.)
- Ensure clear, concise, and effective communication
- Provide guidance for lower level specialists
- Maintain databases and update internal/external systems to ensure proper recording of vendor contracts and related documents, etc.
- Perform other related duties as assigned
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Qualifications
- Extensive experience in contract law/ terms/conditions
- Extensive experience in acquisition planning, strategy development, negotiations, contract management and administration, pricing analysis, and acquisition related requirements
- Advanced knowledge of commercial and business practices to develop, execute and manage contracts
- Advanced knowledge evaluating and mitigating risk in contracts
- Significant experience in written bid/proposal preparation
- Advanced knowledge of cost containment strategies
- Ability to multitask and work effectively, both independently and in a team environment, ensuring timely completion of assignments and meeting established standards
- Expert skill exercising initiative and using good judgment to make sound decisions
- Effective word processing and spreadsheet software skills
- Advanced verbal and written communication skills
- Advanced research, analytical, and problem solving skills
- Effective skill interacting tactfully and effectively in difficult situations
Desired Qualifications
- Advanced knowledge of contract law
- Juris Doctorate or other advanced degree preferred
- Extensive experience reviewing and negotiating major contracts, including marketing, software, licensing, SaaS, IaaS, and PaaS agreements
- Knowledge of Navy Federal products, services, policies, and procedures
- Knowledge of Navy Federal's Information Technology infrastructure
- Certification by the National Contract Management Association, Institute for Supply Management, or other nationally accredited source
Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 820 Follin Lane, Vienna, VA 22180
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
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• Yello and WayUp Top 100 Internship Programs
From Fortune. ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Client-provided location(s): Vienna, VA
Job ID: Navy_Federal_Credit_Union-26112
Employment Type: OTHER
Posted: 2025-07-22T11:46:55
Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA
- Fitness Subsidies
- On-Site Gym
- FSA With Employer Contribution
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Adoption Leave
- Adoption Assistance Program
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- Company Outings
- On-Site Cafeteria
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
- Volunteer Time Off
Financial and Retirement
- 401(K)
- 401(K) With Company Matching
- Pension
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Learning and Development Stipend
- Promote From Within
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
- Internship Program
- Leadership Training Program
- Associate or Rotational Training Program
- Mentor Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
Company Videos
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