What are the responsibilities and job description for the Procurement Contracts Counsel position at Taylor Root?
Commercial/Procurement Legal Counsel
Location: Hybrid – Chicago, IL (3 days in-office, 2 days remote)
A well-established organization in the financial services sector is seeking a Commercial Legal Counsel to join its legal team, focusing on procurement contracts. The company plays a key role in supporting financial market operations and is subject to regulatory oversight. This is a strategic opportunity to contribute to a high-impact legal function within a complex and fast-paced environment.
Responsibilities:
- Independently lead the drafting, review, and negotiation of a wide range of vendor contracts, including SaaS, software licenses, cloud computing, AI, and professional services agreements.
- Provide pragmatic legal advice to internal stakeholders, balancing legal risk with business objectives.
- Collaborate with sourcing, IT, compliance, and security teams to ensure contracts meet legal and operational standards.
- Develop and maintain contract templates, playbooks, and streamlined processes.
- Support continuous improvement of contract management systems and practices.
- Enforce legal department policies related to commercial transactions.
- Participate in strategic initiatives and perform other duties as required.
Experience:
- Minimum of 5 years’ experience in commercial contracts, including in-house legal work.
- Proven ability to negotiate complex agreements and deliver creative, business-minded solutions.
- Strong interpersonal skills and experience building cross-functional relationships.
- Familiarity with technology transactions and regulated industries.
- Experience with financial services or working within a regulated environment is a plus.
