Contracts Administrator

at  US Bank National Association

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

JOB DESCRIPTION

The Contract Administrator role provides project and analytical support to assigned business line or functional area. Performs research, analysis, review, development, implementations, and monitoring of new and/or revised products/services. Acts as a project liaison with other departments. Analyzes current costs and estimates the cost or cost savings. Compiles and analyzes information for an assigned project or areas making recommendations based on findings.

The person in this position is responsible for contract administration which includes, but is not limited to:

• Preparing contracts for distribution to clients and other business partners
• Logging and managing agreements as they progress through the contract process
• Preparing redlined agreements for internal Legal and client review
• Managing and tracking internal contract approvals
• Drafting transmittal letters to external parties and routing contracts for execution
• Assisting with the collection/tracking of compliance documents
• Supporting client on-boarding by coordinating with internal stakeholders
• Interacting with the Sales, Product and Legal staff to make drafting changes to agreement templates

BASIC QUALIFICATIONS

• Bachelor’s degree, or equivalent work experience
• Typically three to five years of related experience

PREFERRED SKILLS/EXPERIENCE

• Thorough knowledge of contract administration
• Experience with contract drafting, prepping and management
• Strong organizational and analytical skills
• Thorough knowledge of project management
• Ability to identify and resolve exceptions
• Demonstrated leadership skills
• Solid interpersonal and communication skills
  This role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside of the office location for the other days.
  If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

The person in this position is responsible for contract administration which includes, but is not limited to:

• Preparing contracts for distribution to clients and other business partners
• Logging and managing agreements as they progress through the contract process
• Preparing redlined agreements for internal Legal and client review
• Managing and tracking internal contract approvals
• Drafting transmittal letters to external parties and routing contracts for execution
• Assisting with the collection/tracking of compliance documents
• Supporting client on-boarding by coordinating with internal stakeholders
• Interacting with the Sales, Product and Legal staff to make drafting changes to agreement template

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by la