The Contract Specialist, Associate Director, Agile Sourcing, will be part of a team that delivers an industry-leading contracting capability across functions through efficient contract review, issue identification and analysis, redlining, negotiation, and management of escalations to the legal department. This role is critical for driving effective collaboration across multiple international markets (APAC and EMEA) with cross-functional stakeholders, including Legal, Process Owners, and other essential teams. The individual must handle a heavy workload with expedited deadlines, work diligently, independently, and efficiently, and resolve complex negotiation issues in a timely manner to push deals through to execution. Building strong relationships based on trust and accountability with internal business clients, contracting teams, and the legal department is a key aspect of this role. This position ensures effective negotiation and contracting activities that align with organizational goals and reports directly to the Director, Agile Sourcing.
Responsibilities:
* Drive and manage the end-to-end contracting process in support of operations across multiple markets with cross-functional stakeholders.
* Perform appropriate due diligence by issue spotting and assessing risk mitigating options.
* Execute contracts in a timely manner with appropriate legal support to ensure compliance with company standards.
* Coordinate and perform contract analysis to negotiate business/commercial terms to advance BMS' interests and goals.
* Understand the contractual terms and be able to explain their risks and implications to internal business stakeholders.
* Manage multiple, complex projects independently.
* Ensure applicable written guidelines and company policy are followed and required SME input is obtained.
* Maintain awareness of pre-contracting steps, including underlying BMS policies and procedures.
* Assist in the creation of training materials leveraging a deep knowledge of contract terms and conditions.
* Partner directly with adjacent stakeholders and deliver on complex, high-risk issues or projects.
* Act as a trusted advisor to international category/country managers and their leadership.
* Act as an expert facilitator to fully manage and lead complex contract negotiations.
* Coordinate with cross-functional stakeholders to ensure timely, compliant, and efficient facilitation of contracts.
* Identify points of escalation for Agile Sourcing.
* Performance Management & Continuous Improvement for Source to Contract.
* Partner and share best practices with Agile Sourcing team.
* Work with procurement and legal to develop and maintain contracting guidance documents.
* Support continuous improvement initiatives towards an industry-leading contracting capability.
* Participate in continuous improvement initiatives within procurement.
* Explore new procurement technologies with a focus on AI/ML opportunities.
Minimum Qualifications:
* Significant procurement, sourcing, and contracting experience, including drafting, redlining, reviewing, and negotiating contracts.
* Proven ability to manage a cross-functional contracting team.
* Experience leading and collaborating with cross-functional and international teams.
* Expertise in procurement processes and agreement management.
* Expertise in contract construction, terms, and conditions.
* Experience in contracting in international markets.
* Proven direct people management skills.
* Excellent oral and written communication skills.
* High level of adaptability in navigating ambiguous and complex environments.
* Strong management and team leadership skills.
* Experience with Contract Lifecycle Management technology (e.g., Icertis).
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services, and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us
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