Senior Contracts StrategistIdaho Central Credit Union

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  • Not-remote
  • Total comp
    Expected total yearly pay with bonus and equity at target, including any base pay.
  • Salary
  • Meridian, ID

Job Summary

The Senior Contracts Strategist  is responsible for reviewing, drafting, negotiating, interpreting, and administering contracts and other legal agreements for ICCU. This position helps to identify and mitigate legal, regulatory, operational, financial, privacy, information security, and reputational risks associated with contractual relationships and business initiatives.

Working under the direction of the Chief Legal Officer or designee, the Senior Contracts Strategist partners with business units, procurement, risk management, compliance, privacy, information security, finance, and leadership to ensure agreements align with applicable laws, organizational policies, business objectives, and risk management standards.

Duties and Responsibilities

  • Review, draft, negotiate, interpret, and manage a wide variety of commercial contracts, including vendor, technology, software, professional services, consulting, confidentiality, marketing, construction, facilities, lease, and other agreements.
  • Identify and evaluate legal, regulatory, operational, financial, privacy, information security, and reputational risks and recommend appropriate contract revisions.
  • Lead or support negotiations with vendors, service providers, consultants, and other third parties.
  • Ensure contractual compliance with applicable laws, regulations, and organizational policies, including NCUA requirements where applicable.
  • Maintain contract templates, records, playbooks, and contract management processes.
  • Monitor legal and regulatory developments affecting contracts and third-party relationships and recommend updates to templates and processes.
  • Conduct legal and regulatory research related to commercial agreements and vendor relationships.
  • Perform other duties and special projects as assigned.

Knowledge, Skills, and Abilities

  • Strong knowledge of contract law, commercial contracting practices, risk management principles, and regulatory requirements applicable to financial institutions.
  • Ability to draft, negotiate, interpret, and analyze complex contracts and identify associated risks.
  • Strong analytical, problem-solving, critical-thinking, and decision-making skills.
  • Excellent written and verbal communication skills with the ability to work effectively with internal and external stakeholders.
  • Proficiency in Microsoft Office and contract lifecycle management systems.

Education and Experience

Required

  • Bachelor's degree.
  • Minimum five (5) years of experience reviewing, drafting, and negotiating commercial contracts.
  • Experience identifying and mitigating legal and business risks in contractual arrangements.

Preferred

  • Juris Doctor (J.D.) degree.
  • Paralegal certificate or significant paralegal experience.
  • Experience in financial services, credit unions, banking, healthcare, technology, or other highly regulated industries.
  • Knowledge of NCUA regulations, vendor management requirements, and third-party risk management practices.

Performance Standard:  

High level of professionalism. A demonstrated ability to work well with others. A demonstrated cooperative and positive attitude toward members and other Credit Union staff. Dedicated to serving our internal members and holding team accountable for the Credit Union’s service standard. Must be willing to comply with the Bank Secrecy Act and USA Patriot Act as implemented by ICCU. 

Physical Requirements:  

  • Perform tasks requiring manual dexterity (processing paperwork, filing, stapling, sorting, collating, typing, counting cash, etc.). 
  • Sit for extended periods of time. 
  • Lift 20-40 pounds of applicable supplies including but not limited to copy paper, cash drawers, marketing material, etc. 
  • Repetitive motion using wrists, hands, and fingers. 
  • Reach keyboards. 
  • Ability to operate basic office machines (calculator, computer, telephone, copy machine, fax machine, etc.). 

 

The above statements reflect the general details considered necessary to describe the essential functions of the job and should not be construed as a detailed description of all the work requirements that may be inherent of the job.  

Must be eligible for membership at ICCU to obtain employment.  

ICCU is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, age, disability, protected veteran status or other characteristics protected by law. 

 

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