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Strategic Contracting Specialist

2 months ago

Toronto, Ontario, Canada CPP Investments Full time

Transform Your Career with CPP Investments


CPP Investments, a global and dynamic investment organization, invites you to join its team as a Strategic Contracting Specialist.


The company has assets under management valued in excess of $500 billion, projected to reach $3 trillion by 2050.


The position is part of the Technology and Operations, Source-to-Pay team, supporting the end-to-end contracting lifecycle process and collaborating with the Legal team as required.


The key responsibilities include managing contract data quality, validating intake forms, and drafting contracts in line with requirements and directives from the Category & Vendor Management and the Legal teams.


Estimated Salary: $85,000 - $110,000 per annum, depending on experience and qualifications.


Key Responsibilities:



  • Manage data quality and validate the intake form within the CLM tool to ensure accurate information.
  • SUPPORT CONTRACT OWNERS IN CONTRACT CREATION AND REVIEW BY UTILIZING INTAKE FORMS, DIRECTIVES, PLAYBOOKS, AND OTHER GUIDANCE PROVIDED BY THE LEGAL TEAM.
  • Collaborate with Category Managers to ensure alignment with the category strategy and approach.
  • Work with the Legal team to ensure regulatory and legal contractual terms are drafted appropriately based on the engagement type.
  • Liaise with third-party risk management counterparts to incorporate risk considerations into the agreement based on due diligence outcomes.
  • SUPPORT AND FOLLOW UP ON AUTHORISATIONS AND APPROVALS FOR CONTRACTS WITH CPP INVESTMENTS SIGNATORIES AND VENDORS.
  • FACILITATE VENDOR NEGOTIATION DISCUSSIONS AND SUPPORT CONTRACT OWNERS IN RELEASING CONTRACT RENEWALS OR AMENDMENTS.
  • Maintain contract records and manage contract versions to ensure accuracy and ease of retrieval.
  • Proactively track pipeline for upcoming contract expiry and follow up with Contract Owners to take necessary action.
  • Handle day-to-day activities throughout the end-to-end contract lifecycle processes in collaboration with Contract Owners and in line with CPP Investments' policies and procedures.
  • SUPPORT CONTRACT OWNERS TO ENSURE ADHERENCE TO AGREEMENT TERMS BY BOTH PARTIES, AS REQUIRED.
  • Assist Contract Owners in completing the contract closeout activities at the end of vendor engagements.
  • Perform analysis and develop reporting to help identify opportunities for improvement and efficiency and to support decision-making (contract expiry analysis, variances in standard terms, cycle times etc.).

Qualifications and Skills:



  • Familiarity with contract terminologies & their implications. Knowledge on professional service contracts is preferred.
  • Detail-oriented with strong analytical and problem-solving skills to scrutinize contract terms, identify potential risks, inconsistencies and suggest solutions for issue/dispute resolution and risk mitigation.
  • Strong proficiency in written communication skills to draft contracts and verbal communications skills to support vendor negotiations.
  • Ability to prioritize tasks and support multiple engagements across various business teams with minimal oversight.
  • Proficiency in contract management software (preferably Onit) and Microsoft Office Suite.

Requirements:



  • University degree or diploma education, preferably in business administration or paralegal courses.
  • Minimum 3 years of work experience in contract management profile.

About Us:


CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP). The company has offices in Toronto, Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo, and Sydney.


Join our team and leverage your expertise to drive growth and success in a fast-paced, intellectually challenging environment.