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Contract Manager

1 month ago


Somerset, New Jersey, United States Terumo Aortic Full time
Job Summary:

The Paralegal is responsible for managing various legal matters, including contracts, agreements, and filings, pertaining to Bolton Medical, Inc. d/b/a Terumo Aortic and certain of its subsidiaries and affiliates. This role will assist with the drafting, review, and negotiation of contracts and terms and conditions, data collection, compiling and organizing materials, as well as preparing presentations of varying complexity.

Key Responsibilities:
  • Prepare, review, and/or revise and negotiate complex contract agreements.
  • Assist in the management of the department's contract management system.
  • Manage contract lifecycle from inception through execution of contracts, including organizing electronic contract and matter records as needed.
  • Manage company-wide confidentiality/non-disclosure agreements from review, drafting and markup and participate in negotiation and execution as well as return of documents and document destruction upon termination of confidential disclosure agreements.
  • Manage cross-functional coordination with Terumo associates requesting legal's review or preparation of contracts to understand objectives, business needs and expectations.
  • Apply foundational understanding of contract law, commercial contracts, and interaction within the healthcare industry.
  • Craft and cascade best practices in management of commercial contracts, including template management, review and design, including through Contracts Management System.
  • Analyze problems, determine approach, compile and analyze data and prepare reports/recommendation.
  • Coordinate contracting between various affiliated entities and outside parties.
  • Perform work of a critical and/or confidential nature and work on assignments that span across various functional areas.
  • Receive and process innovation disclosure documents from TA inventors.
  • Structure and manage searches of one or more patent databases, review and filter the results, and report to stakeholders.
  • Perform other job-related duties as assigned.
Requirements:
  • Proven ability to maintain confidentiality with sensitive information.
  • Proven ability to negotiate, draft, and revise contract terms and conditions.
  • Proven ability to work within internal policies and terms negotiations.
  • Must be proficient in Microsoft Excel, Word, PowerPoint, and Outlook.
  • Ability to communicate effectively both verbally and in writing.
  • Strong sense of urgency with the ability to handle multiple tasks with appropriate prioritization/organizational skills.
  • Ability to work independently function with minimal supervision.
  • Versatile, flexible and a willingness to work within constantly changing priorities.
  • Strong attention to detail.
  • Ability to analyze data and prepare reports in support thereof.
  • Willingness to learn new skills/techniques and work beyond general area of responsibilities.
  • Ability to work with field sales organization, other internal associates and stakeholders in a positive and solutions-oriented capacity.
  • Ability to understand commercial objectives, internal policies, and interaction within contracting and healthcare industry.
Background Experiences:
  • Bachelor's degree and minimum 5 years' experience with direct contracting in a relevant law firm and/or corporate setting is required.
  • Paralegal certificate with medical device, pharmaceutical experience is preferred or equivalent combination of education, training and comparable experience.
  • Contracts Management Systems knowledge, preferably in SAP.
  • Familiarity with intellectual property including patents and patent databases.
  • Experience specifically in medical device contracting environment strongly preferred.
  • Strong organizational skills and a general understanding of business operations required.
  • Understanding of basic legal concepts required.