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The Sr. Manager, Contract Management is responsible for managing complex contracting needs for Marriott’s Global Procurement Department. This role is focused on driving best-in-class legal and commercial terms for a high volume of complex transactions, while developing and maintaining relationships with leaders, clients, and vendors. The position involves contract negotiation, risk management, regulatory compliance, monitoring supplier governance, and contributing to financial sustainability.
Job Responsibility:
Provides full life-cycle contract management for assigned contracts, including contract creation, review, approval, execution, performance monitoring, and renewal/termination
Handles a high volume of complex contract negotiations, leveraging best practices while maintaining a thorough knowledge of all aspects of contracts
Drives negotiating strategy for assigned contracts to achieve best-in-class commercial and legal terms, optimize savings, and mitigate risks
Accountable for contract interpretation, identification of risk, engagement of SMEs, internal escalations (when appropriate), and ensuring that contracts incorporate requisite legal and business terms
Proactively drives collaboration and engagement with cross-functional teams including, Finance, Legal, Risk Management, and Business Discipline Partners
Facilitates timely problem resolution of contractual issues to minimize the impact of service disruptions on the organization
Drives commercial outcomes by proactively leveraging data and analytics to track and manage workflow
Responsible for ensuring that executed contracts comply with both external laws/regulations and internal company standards and policies, including, those related to MIP-34
Utilizes established controls to ensure suppliers adhere to negotiated terms and provisions
educate stakeholders on contractual levers aimed at reducing cost and minimizing risk
Monitor contract performance by supplier, including adherence to Service Levels and KPIs
negotiate and implement improvements to enhance performance
Work collaboratively with cross-functional teams across the enterprise and within Global Procurement to achieve shared goals
Requirements:
BA/BS
5-7 years of contract management experience
Deep technical knowledge of contract and risk management in the hospitality, lodging or adjacent sectors
Ability to lead cross-functional teams in a matrixed environment
Nice to have:
Master’s in Business Administration or Juris Doctor
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