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Senior Contracts Lead

Vanguard
Malvern, PA, United Statesfull_timeVerifiedPosted 2 Apr 2024

About the role

Strategy, Partnerships & Operations (SPO) is a subdivision of Vanguard’s Institutional Investor Group (IIG) division and is responsible for managing IIG's strategic relationship with critical service providers in the enhancement and evolution of IIG’s full-service defined contribution business. 

In this role, you will:

  • Operate a robust contract management program that improves the division’s third-party oversight and establishes best practices throughout Vanguard
  • Lead contract drafting and negotiation of new agreements with critical service providers
  • Analyze contract amendments; support senior stakeholders in evaluating and approving contract changes
  • Identify, mitigate and resolve contract issues with financial, legal and reputation risk
  • Form relationships and collaborate with key stakeholders to implement solutions to assist in their technical, operational and financial oversight of critical service providers
  • Establish protocols and processes for acceptance of services and deliverables, escalation of issues and performance reporting for critical service providers
  • Monitor and enforce all deliverables and obligations, reviewing evidence and escalating when needed
  • Develop an understanding of business process issues and utilize procurement expertise to identify and resolve complex contractual issues
  • Participate in special projects and performs other duties as assigned.


What it takes:

  • Minimum of eight years related work experience
  • Juris Doctor (JD) degree or equivalent combination of training and experience preferred
  • Contract drafting and negotiation experience preferred
  • IT industry knowledge preferred

Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

We are Vanguard. Together, we’re changing the way the world invests.

For us, investing doesn’t just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose – and that’s how we’ve become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let’s make it count.

Inclusion Statement

Vanguard’s continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: “Do the right thing.”

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard’s core purpose through our values.

When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

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Company

Vanguard

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