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Supplier & Contract Manager
Thomson ReutersSupplier & Contract Manager responsible for managing and negotiating supplier contracts at Thomson Reuters. Ensuring compliance and optimizing supplier relationships for better investment value.
About the role
Key responsibilities & impact- Act as Thomson Reuters’ subject matter expert for assigned supplier contracts
- Act as an escalation point on supplier matters, liaising with and advising the business and TR senior leaders
- Manage and negotiate to resolve major disputes, including on SLAs, unit rates, and contract compliance
- Control costs and limit financial risk and exposure through managing contracts and negotiating contract changes
- Ensure contract deliverables and obligations are met using Obligation Management practices and tools
- Diagnose supplier performance and compliance issues relating to the contract, and recommend options
- Manage, draft, and negotiate contract changes including amendments and change requests
- Implement best practice contract and commercial governance
- Support 360-degree supplier relationship assessments
- Drive creation of formal supplier strategies
- Support Executive Business Review meetings to align executives on optimization efforts
- Represent Supplier & Contract Management in operational/service management governance forums
- Manage contract terminations for cost-efficient exits
- Provide expert counsel support to business and stakeholders
- Proactively manage global suppliers
- Achieve value beyond the contract through 360-degree supplier relationship management methodologies
Requirements
What you’ll need- Advanced English proficiency both written and spoken
- Advanced negotiation and contract drafting skills
- Familiarity with contract and commercial management methodology
- Advanced fluency in contract terminology and ability to master highly complex contracts
- Rigorous attention to detail and expert analytics
- Strong business acumen
- Excellent relationship management skills
- Advanced strategic thinking and communications skills
- Advanced skills in Microsoft Office Suite
- Eager to embrace AI tooling
- Advanced project management skills
- Comfort working directly with senior leaders
- Advanced degree (JD preferred)
- Experience in contract management and/or supplier relationship management discipline, including successful management of global contracts in excess of USD 15m value
- Combined 5 years of experience in contract management, supplier relationship management, strategic sourcing, and/or contract-related discipline
- 2 years of contract management or supplier relationship management experience
Benefits
Comp & perks- Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role)
- Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities
- Career Development and Growth: By fostering a culture of continuous learning and skill development
- Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
- Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
contract managementnegotiationcontract draftingobligation managementsupplier relationship managementstrategic sourcingproject managementanalyticscontract terminologyfinancial risk management
Soft Skills
advanced English proficiencyattention to detailbusiness acumenrelationship managementstrategic thinkingcommunication skillscomfort with senior leadersproblem-solvingcollaborationadaptability
Certifications
JD (Juris Doctor)contract management certificationsupplier management certificationproject management certificationnegotiation certificationbusiness analysis certificationprocurement certificationlegal compliance certificationrisk management certificationstrategic sourcing certification