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Contract Manager Jobs in Chicago, IL (NOW HIRING)

Vizient

Contract Manager

Chicago, IL

$77K - $135K/yr

In this role, you will manage the preparation, negotiation, execution, and distribution of member contracts that support strategic business objectives and revenue growth. You will serve as a key ...

Capital One

Manager, Contract Manager

Riverwoods, IL · On-site

$92K - $123K/yr

Manager, Contract Manager At Capital One, we dare to dream, disrupt and deliver a better way. Our goal is simple - bring ingenuity, simplicity and humanity to an industry ripe for change. We are ...

Capital One

Manager, Contract Manager

Chicago, IL · On-site

$91K - $122K/yr

Manager, Contract Manager At Capital One, we dare to dream, disrupt and deliver a better way. Our goal is simple - bring ingenuity, simplicity and humanity to an industry ripe for change. We are ...

LMK Recruiting Solutions

Contracts Manager

Chicago, IL

$91K - $122K/yr

About the Role The Contracts Manager is a strategic, detail-oriented role responsible for managing ... In this role, you will own contract development, review, negotiation, and administration across ...

Jupiter Power LLC

Contracts Manager

Chicago, IL · Hybrid

$100K - $130K/yr

Manage contract review requests for the Legal department. * Prepare final contracts for execution and ensure contracts are executed in accordance with corporate and legal requirements. * Analyze ...

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Contract Manager information

See Chicago, IL salary details

$42.2K

$109.2K

$143.2K

How much do contract manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for contract manager in Chicago, IL is $109,231.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,700.00 and $122,600.00 per year, depending on experience, location, and employer.

What does a contract manager do?

A Contract Manager is responsible for overseeing the creation, negotiation, execution, and management of contracts within an organization. They ensure that all agreements comply with legal and company standards, mitigate risks, and protect the company's interests. Contract Managers work closely with legal, procurement, and project teams to ensure that contractual obligations are fulfilled and to resolve any disputes that may arise. Their role is crucial in maintaining strong business relationships and supporting organizational goals.

What does a contract manager do?

A contract manager draws up and reviews contracts for the purchase or sale of goods or services. In this career, you negotiate contracts with customers and vendors, ensuring that you get the best possible price on goods while adhering to all internal policies and financial goals, as well as complying with any local, state, and federal regulations and laws regarding contracts. In addition to negotiating and drawing up contracts, you are also responsible for documenting transactions and negotiations and consulting with other departments that are affected by the terms and conditions of your contracts.

What are the key skills and qualifications needed to thrive as a contract manager, and why are they important?

To thrive as a Contract Manager, you need a solid understanding of contract law, negotiation, and risk management, often supported by a degree in business, law, or a related field. Familiarity with contract management software, legal research tools, and compliance systems is typically required. Strong communication, attention to detail, and problem-solving skills help you navigate complex agreements and build positive stakeholder relationships. These abilities are essential for minimizing legal risks, ensuring compliance, and driving successful business outcomes.

What are some common challenges faced by contract managers and how can they be addressed?

Contract Managers often encounter challenges such as navigating complex legal language, managing tight deadlines, and ensuring compliance with both internal policies and external regulations. Effective communication and attention to detail are crucial when coordinating between legal, procurement, and operations teams. Building strong relationships with stakeholders and staying up-to-date with contract management software can help streamline processes and minimize risks. Proactively addressing issues and maintaining well-organized documentation also contribute to successful contract outcomes.

What is the difference between Contract Manager vs Contract Specialist?

AspectContract ManagerContract Specialist
CredentialsBachelor's degree, certifications like CPCM or NCMABachelor's degree, certifications like CPCM or NCMA
Work EnvironmentOversees multiple contracts, manages teams, strategic planningPrepares, reviews, and negotiates individual contracts, detailed work
Employer & Industry UsageUsed in government, construction, corporate sectorsCommon in government agencies, defense, and large corporations

The main difference is that Contract Managers oversee the entire contract process, manage teams, and handle strategic aspects, while Contract Specialists focus on preparing, reviewing, and negotiating individual contracts. Both roles require similar credentials and are used across various industries, but Contract Managers typically have broader responsibilities and a higher level of oversight.

How much do contract managers earn?

Contract managers typically earn a median annual salary ranging from $70,000 to $120,000, depending on experience, industry, and location. Senior contract managers or those with specialized skills and certifications can earn higher salaries, often exceeding $130,000 annually.

What are the duties of a contract manager?

A contract manager oversees the creation, negotiation, and execution of contracts to ensure compliance with legal and organizational standards. They review terms, manage contract documentation, monitor performance, and resolve disputes to mitigate risks and protect the company's interests.
More about Contract Manager jobs

What are the most commonly searched types of Manager jobs in Chicago, IL?

The most popular types of Manager jobs in Chicago, IL are:

What are popular job titles related to Contract Manager jobs in Chicago, IL?

For Contract Manager jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Contract Manager jobs in Chicago, IL look for?

The top searched job categories for Contract Manager jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Contract Manager jobs?

Cities near Chicago, IL with the most Contract Manager job openings:

Contract Manager jobs near you
Infographic showing various Contract Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 57% Full Time, and 43% Part Time. Highlights an 100% In-person job distribution, with an average salary of $109,231 per year, or $52.5 per hour.

Contract Manager

Vizient

Chicago, IL

$77K - $135K/yr

Full-time

Re-posted 11 days ago

Job description

When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will manage the preparation, negotiation, execution, and distribution of member contracts that support strategic business objectives and revenue growth. You will serve as a key business partner across Strategy, Life Sciences, Service, Sales, Legal, Finance, Business Operations, and Data Operations teams to ensure contracts are accurate, compliant, and efficiently managed. You will leverage your subject matter expertise to streamline contract processes, enhance sales productivity, and drive operational excellence while supporting company goals and delivering value to members and stakeholders.

Responsibilities:

  • Manage established book of business Renewal portfolio by preparing and distributing standard agreements at least 3 months in advance of effective date.
  • Support Sales Leadership and team to construct and edit standard and non-standard agreements as well as direct process guidance as needed.
  • Train internal sales and service team members and external business partners on contracting best practices.
  • Create complex membership and consulting SOW's that detail scope of work and adhere to data documentation regulations for clients, internal cross collaborations, and 3rd party partnerships.
  • Own structure and content of contracting templates and work with business leadership on documenting product offerings.
  • Triage Level 1 through Level 3 contract support and inquiries through existing contract request mailbox within established time guidelines.
  • Develop and process individual and corporate subcontractor agreements.
  • Initiate and negotiate overarching Master Services Agreements for the domain.
  • Track contract workflow and life cycle for reportable business metrics.
  • Act as Privacy and Compliance Team liaison for the Strategic Growth Domain by researching and preparing relevant documents as needed such as NDA's and BAA's.
  • Ensure requirements for contracting state data products are in line with documented regulations.
  • Work in conjunction with Finance, Accounting, and Data Operations Teams to obtain contracting business approvals, detail, and related history when needed.
  • Work with assigned legal counsel and provide direction to paralegal support for creating contracts, legal language changes, and final drafts of agreements.
  • Participates in overall client contracting process both internally and externally.
  • Liaise with Corporate RFP team to review legal terms related to the business segment.

Qualifications:

  • Relevant degree preferred
  • 2 or more years of relevant experience required
  • Experience in contracting or similar detailed process driven role required
  • Excellent communication and organizational skills
  • Strong Microsoft application skills

#LI-JB1

Estimated Hiring Range:

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $135,400.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

Equal Opportunity Employer: Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

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