Individual Accountabilities
- Support drafting of a variety of procurement contracts (MGA MSA, Pricing) and contracting activities related to sourcing events for the global procurement sourcing teams and category teams including understanding complex risk issues such as privacy, data access issues, information security, choice of forms appropriate for transactions, indemnity and intellectual property implications and scenarios that will implicate the Delegation of Authority for required escalation for legal review
- Support the sourcing teams in evaluating redlined supplier contracts, focusing on key terms necessary to IHG's overall contracting basics/guidelines, delegation of authority and risk issues, including risk mitigation
- Support the contract negotiations to ensure contract terms reflect the desired commercial and legal positions
- Initial review of supplier's red-lines to legal terms of the standard procurement form contracts and coordinate and mark up legal comments working with senior legal team members. Run and provide comparison of contract versions using available software.
- Provide initial review and analysis of current agreements for legal review, in particular identifying risk issues for mitigation and issues that require escalation to senior legal team members
- Collaborate with internal team members like Privacy, Finance, Risk Management, IP, Information Security, and Procurement to align on contract terms
- Utilize contract management software to draft contracts and access contract records. Assist with training legal users on contract software. Support enhancements and changes to contract management elements of software
- Participate in risk mitigation efforts
- Escalation of delegation of authority and/or risk issues to the appropriate level within the BRR organization when encountered
Key Shared Accountabilities
- Management of a large pipeline of commercial contract transactions in support of the sourcing teams
- Focus on compliance and escalation of compliance issues to the appropriate level of the organization
- Focus on risk mitigation and delegation of authority issues and escalation when encountered
Key Metrics
- Risk assessment and issue identification
- Strong understanding of contracts for goods and services
- Strong contract drafting skills
- Capabilities to analyze contracts
- Strong attention to detail and accuracy
- Excellent written and verbal communication skills
- Exercise sound judgment
- Ability to manage multiple contract transactions simultaneously while prioritizing deadlines
- Strong organizational skills
- Risk mitigation
Critical Knowledge And Experience
- Undergraduate or post-graduate degree in contracts and contract management, procurement and/or law
- Proven understanding of English and/or US contract law (desired but not required)
- At least 5 years experience as a contract manager negotiating and drafting commercial contracts
- Experience managing and running a large pipeline of commercial contracting projects
- Experience negotiating contracts for commercial deals
- Excellent analytical skills and a high level of attention to detail
- Demonstrated understanding of procurement processes
- Demonstrated ability to issue spot and escalate
- Excellent Microsoft office skills and procurement S2C systems
- Excellent communication skills
At IHG Hotels & Resorts, we work together to deliver True Hospitality for Good on a global scale. With corporate offices and over 6,000 hotel destinations worldwide, a career at IHG is the perfect way to broaden your horizons. You'll experience our unique culture and brilliant colleagues who will support and inspire you. With a host of corporate opportunities to choose from, wherever you are on your career journey, and whatever you want to achieve there's Room for You at IHG.
Over recent years, we've transformed our company. We have bold ambitions to drive performance and maintain our relentless focus on growth in order to be the hotel company of choice that guests & owners love.We are a hospitality business at our core and value connections and being together helps us foster a unique sense of belonging that also supports productivity. That's why here at IHG, we give our colleagues flexibility and balance working in a hybrid way, blending office and remote working collectively. We recognise that every role is different, that's why leaders work with teams to determine how and when they collaborate.We provide a wide range of benefits designed to help you live your best work life. These include impressive room discounts across our many properties, recharge days and volunteering days throughout the year. Through our myWellbeing framework, we are committed to supporting wellbeing in your health, lifestyle, and workplace. We offer a unique and inclusive culture, where there is always Room for You to belong, grow and make a difference.Our mission is to welcome everyone and create inclusive teams where we celebrate difference and encourage colleagues to bring their whole selves to work. IHG Hotels & Resorts provides equal employment opportunities to applicants and employees without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other category protected by applicable laws. We promote a culture of trust, support, and acceptance. Always welcoming different backgrounds, experiences, and perspectives.Don't quite meet every single requirement, but still believe you'd be a great fit for the job We'll never know unless you hit the Apply button. Start your journey with us today.
