Senior Contract Specialist - Level 5
- Full-time
Company Description
Contract Management is a business essential function responsible for the management of all sales agreements over the end-to-end client incentive process.
The Senior Contract Specialist will be a subject matter expert on client agreements and will partner with various stakeholders at both Visa and Clients in developing and managing legally binding agreements and contracts from approved financial proposals.
This person will be an advocate for the Visa’s sales organisation (e.g., Financial Institution Sales, and Merchant Acceptance) while working closely with Finance, Legal and Audit.
The role holder will report to the Lead Contract Specialist.
Job Description
This position requires direct and indirect involvement with the various stakeholders throughout the Europe region in developing and managing legally binding agreements and contracts for approved business cases. The individual will work closely with the Account Executives, Business Units, Finance, Legal and Tax teams.
The role will require the candidate to be able to manage the following:
Contract development, contract approval coordination, contract file and database management, recurring and ad hoc reporting, etc.
Facilitate and participate in contract negotiations with internal partners and external parties
Document contract changes from initial draft through final execution
Distribute contracts (pre and post signature) to appropriate parties
Liaise with sales, finance, legal, and audit, to ensure contracts are developed and approved promptly
Maintain records and documents associated with the contracts
Lead on related negotiations with stakeholders to ensure Visa’s legal position on important clauses is preserved and standard frameworks respected
Participate in special assignments and provide ad hoc support and reporting as required.
The role holder will report to the Lead Contract Specialist.
Qualifications
Law degree or Bachelor’s in a business, economics, or related field.
Previous commercial/contract drafting experience required
Ability to work well with management and leaders across various functions throughout Visa
Excellent written and verbal communication skills in English
Manages well under pressure and tight deadlines
Strong attention to detail and ability to multi-task and manage multiple caseloads
Proven ability to work independently
Additional Information
What we expect of you, day to day.
You will manage the drafting, reviews and negotiation on a wide range of client agreements including but not limited to:
Issuer agreements
Acquirer agreements
Merchant agreements
Identifying IFR, competition and other regulatory issues relating to client agreements, you will take the lead to ensure resolution and where necessary engage with members of the Legal and Regulatory Division
You will identify the need for legal advice and engage appropriate members of the Legal team on a range of legal issues regarding client agreements
Working with other Visa departments across the globe, you will ensure agreements accurately reflect business needs and policies as they develop
You will be responsible for management of day-to-day client agreement queries taking the lead on all relevant contract management activities
You will manage, develop and maintain relationships to facilitate the effective delivery of legal advice and assistance
Providing training to identified business areas, on agreement structures, processes and policies
You will proactively contribute to the development of client agreement templates ensuring cohesion, consistency in clauses, and the general efficiency and effectiveness of the whole agreement