What are the responsibilities and job description for the Contract Specialist position at Regal Rexnord?
The Contract Specialist supports Regal Rexnord’s enterprise Strategic Sourcing function by assisting with commercial contracting and related process improvements. Reporting to the Associate General Counsel, Strategic Sourcing & Sustainability, the role is responsible for managing and supporting the contract lifecycle in alignment with organizational policies and legal requirements.
This position includes responsibility for contract intake, review, and negotiation, as well as coordinating internal stakeholder input to support business objectives. The Contract Specialist works closely with cross‑functional teams to help ensure contract negotiations achieve strong commercial outcomes while appropriately managing risk.
This is a highly collaborative, hands‑on role suited for an experienced contracts professional who is comfortable operating independently, identifying and assessing risk, and escalating issues thoughtfully and appropriately when needed.
Key Responsibilities
Location: Milwaukee, WI or Rosemont, IL
Travel: up to 15% for meetings and negotiations
Hours: Standard business hours with some flexibility required for deadlines and urgent matters
Expected Salary: $90,000 - $120,000
The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors.
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
Benefits
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
This position includes responsibility for contract intake, review, and negotiation, as well as coordinating internal stakeholder input to support business objectives. The Contract Specialist works closely with cross‑functional teams to help ensure contract negotiations achieve strong commercial outcomes while appropriately managing risk.
This is a highly collaborative, hands‑on role suited for an experienced contracts professional who is comfortable operating independently, identifying and assessing risk, and escalating issues thoughtfully and appropriately when needed.
Key Responsibilities
- Commercial Contract Support: Review, negotiate, and redline NDAs and commercial agreements, with a primary focus on procurement of goods, and manage negotiations through redlines, internal stakeholder discussions and supplier engagement.
- Sourcing Partnership & Risk Advisory: Serve as a key legal partner to the sourcing team, advising on legal and commercial risk, aligning agreements to organizational standards, and supporting development of a resilient supply chain and achievement of company objectives.
- Contracting Standards & Compliance: Apply and counsel on contract policies, standards, and internal controls to support compliance, sourcing strategies, continuous improvement initiatives and related regulatory requirements.
- Cross‑Functional Stakeholder Engagement: Collaborate with internal stakeholders across a decentralized, global organization with multiple business divisions.
- Risk Identification & Resolution: Identify commercial and legal risks, advise on mitigation options, support negotiations and dispute resolution, and escalate risks appropriately in coordination with legal team members.
- Process Improvement & Contract Management: Contribute to ongoing enhancements in contracting processes and contract management practices to improve efficiency and consistency.
- 7–10 years of experience in contracts management, commercial contracting, or a similar role.
- Demonstrated experience negotiating and managing commercial agreements and NDAs, preferably within an industrial manufacturing environment.
- Proven support of sourcing or supply chain teams, including contract negotiation related to procurement of goods.
- Strong analytical, communication, and problem‑solving skills, with excellent attention to detail.
- Solid understanding of commercial risk management and negotiation strategy.
- Ability to work independently in a fast‑paced environment, manage a high volume of contracts, prioritize effectively, and escalate issues appropriately.
- Comfort interfacing directly with legal colleagues, suppliers, and internal business stakeholders.
- Bachelor’s degree.
- Experience in industrial manufacturing and operating within global, matrixed, or decentralized organizations.
- Experience with contract management platforms, such as HighQ or comparable systems.
- Interest in or familiarity with AI‑enabled legal or contract technologies.
Location: Milwaukee, WI or Rosemont, IL
Travel: up to 15% for meetings and negotiations
Hours: Standard business hours with some flexibility required for deadlines and urgent matters
Expected Salary: $90,000 - $120,000
The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors.
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
Benefits
- Medical, Dental, Vision and Prescription Drug Coverage
- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
Salary : $90,000 - $120,000