What are the responsibilities and job description for the Contracts Paralegal position at The Fountain Group?
JOB SUMMARY:
Responsible for the initial legal review, and ultimate negotiation, of proposed agreements for the purchase of goods and/or services in collaboration with the Business Unit, Strategic Sourcing, Procurement, Legal, and Control Group(s) as necessary.
REPORTING RELATIONSHIP:
Manager of Contracts Develop and maintain collaborative partnerships across CPS and with business unit stakeholders.
CORE DUTIES AND RESPONSIBILITIES:
Partner with Strategic Sourcing and Procurement to select the appropriate Contract Template or Standard Clause(s) for proposed agreements. Conduct redline review of proposed agreements of low to moderate complexity, including the drafting of non-standard commercial and legal terms. Participate in negotiations with Suppliers regarding proposed agreements. Liaise with TPR, Control Group(s), and Subject Matter Experts, as necessary. Ensure clear and prompt communication with Business Unit, Strategic Sourcing, Legal, and Control Group(s), as necessary. Keep current with law, regulations, and regulatory guidance as needed to integrate appropriate terms into proposed agreements and provide upkeep to Contract Templates and Standard Clauses. Consult on post-contract issues, as necessary. Research and analyze existing third party agreements to determine content and assess proper integration of prior documents into new documents. Perform other duties as assigned. Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately.