Senior Contract Analyst

Lafayette Federal Credit Union

Senior Contract Analyst responsible for managing contracts and vendor relationships at Lafayette Federal Credit Union. Ensuring compliance, risk management, and oversight of contractual agreements.

Posted 7/3/2026full-timeRockville • District of Columbia, Maryland, Virginia • 🇺🇸 United StatesSenior💰 $78,000 - $95,000 per yearWebsite

About the role

Key responsibilities & impact

Review, analyze, and administer contracts to ensure terms, scope of work, and obligations align with Credit Union objectives.
Negotiate contract terms, payment structures, and document processes within established authority levels.
Ensure compliance with Credit Union policies, procedures, legal requirements, and regulatory guidelines.
Coordinate with business units to support contract execution, monitoring, renewals, and vendor performance management.
Maintain accurate contract records and documentation within the NContracts Data Management System.
Conduct vendor risk assessments and assist with ongoing risk monitoring activities.
Prepare reports, support policy implementation efforts, and provide training and guidance to internal stakeholders.
Collaborate with Legal Counsel, when necessary, regarding contract interpretation, negotiation, and risk mitigation.
Perform due diligence reviews on prospective and existing vendors using LexisNexis, Dun & Bradstreet, the Better Business Bureau, SEC resources, and other research tools.
Review, approve, and maintain vendor documentation, including contracts, amendments, renewals, insurance certificates, SOC reports, financial statements, proposals, and invoices.
Upload and maintain vendor records and supporting documentation within the NContracts Data Management System.
Maintain current and accurate vendor corporate, contact, and relationship information.
Prepare, scan, and update vendor records and supporting documents within the NContracts Data Management System.
Track annual reviews, risk assessments, contract renewals, and other vendor management activities through calendar reminders and workflow monitoring.

Requirements

What you’ll need

Bachelor's degree required.
Certification in contract management or vendor management preferred.
Minimum of 10 years of experience in a financial institution or related field.
Proven experience in contract management and negotiation.
Strong understanding of contract law.
Proficiency in Microsoft Office.
Excellent analytical, problem-solving, and communication skills.
Strong attention to detail and organizational skills.
Ability to work collaboratively with internal and external stakeholders.

Benefits

Comp & perks

Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
Fully funded deductible (HMO Plan)
401k employer matching contribution
Income protection with life insurance, short and long-term disability
Paid time off, holiday leave & birthday leave
Educational assistance
Commuter benefits program and more !

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Contract ManagementContract NegotiationVendor Risk AssessmentContract LawDocument Management

Soft Skills

Analytical SkillsProblem-Solving SkillsCommunication SkillsAttention to DetailOrganizational Skills

Certifications

Contract Management CertificationVendor Management Certification