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Contract Processor Jobs in Albany, NY (NOW HIRING)

Element has an opportunity for a Data Processor to join our rapidly expanding team. As a member of ... Shall be responsible for preparing all necessary reports as specified in the contract's documents ...

Must have a background in union / labor relations (grievance process, contract negotiations, Civil Service Law, State operations). * Experience in Contract Negotiation and Contract Management to ...

Process Engineer I, II or III Location: Albany, NY Under close supervision, responsible for supporting the development and improvement of plasma etch processes. Process Engineer I defines process ...

Process Engineer I, II or III Location: Albany, NY Under close supervision, responsible for supporting the development and improvement of plasma etch processes. Process Engineer I defines process ...

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Contract Processor information

See Albany, NY salary details

$12

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$33

How much do contract processor jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for contract processor in Albany, NY is $20.70, according to ZipRecruiter salary data. Most workers in this role earn between $15.77 and $19.81 per hour, depending on experience, location, and employer.

What are some common challenges faced by contract processors and how can they be effectively managed?

Contract Processors often encounter challenges such as managing tight deadlines, ensuring accuracy in documentation, and coordinating between multiple stakeholders like clients, lenders, and agents. To effectively handle these challenges, strong organizational skills and attention to detail are essential, as is the ability to prioritize tasks and communicate clearly. Proactively using checklists, staying updated on regulatory requirements, and leveraging workflow management tools can help Contract Processors maintain efficiency and minimize errors in a fast-paced environment.

How much does a contract processor make?

The average salary for a contract processor typically ranges from $40,000 to $60,000 per year, depending on experience, location, and industry. Contract processors often require strong organizational skills and familiarity with contract management software, which can influence compensation levels.

What is the difference between Contract Processor vs Loan Processor?

AspectContract ProcessorLoan Processor
CredentialsHigh school diploma; some roles may require industry-specific certificationsHigh school diploma; mortgage industry certifications often preferred
Work EnvironmentOffice setting, often in legal or real estate firmsOffice environment, primarily in banking or mortgage companies
Industry UsageLegal, real estate, and contract management sectorsBanking, mortgage, and financial services
Job FocusReviewing, processing, and managing contractsReviewing and verifying loan documents for approval

While both roles involve document review and processing, Contract Processors focus on managing legal or real estate contracts, whereas Loan Processors handle mortgage and loan documentation. Both positions require attention to detail and industry-specific knowledge, but they serve different sectors within the financial and legal industries.

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

To thrive as a Contract Processor, you need strong attention to detail, organizational skills, and a background in business administration or a related field. Familiarity with contract management software, document processing systems, and, in some cases, certification in contract management are typically required. Excellent communication, problem-solving abilities, and the ability to manage tight deadlines are important soft skills for this role. These skills ensure accurate contract preparation, minimize legal risks, and contribute to efficient operations within organizations.

What does a contract processor do?

A contract processor uses software and various applications to manage documents for contracts. As a contract processor, you process contract-related data and records, checking contracts thoroughly for ambiguity, an omission of terms, and possible inaccurate statements. You also assess conditions for contracts. Your primary responsibilities include ensuring every contract follows company procedures and policies and is in compliance with rules, regulations, and the law. Other duties include coordinating tasks, managing communication with external clients, and translating technical language for clients or supervisors.

What job categories do people searching Contract Processor jobs in Albany, NY look for? The top searched job categories for Contract Processor jobs in Albany, NY are:
What cities near Albany, NY are hiring for Contract Processor jobs? Cities near Albany, NY with the most Contract Processor job openings:

Contract Management Specialist 1/Contract Management Specialist Trainee, Central Office;

New York State

Albany, NY • On-site

$66K - $85K/yr

Full-time

Posted 4 days ago


New York State rating

7.7

Company rating: 7.7 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

24th of 50 rated states


Job description

Duties Description The Office of Mental Health (OMH) is recruiting to fill a Contract Management Specialist 1/Contract Management Specialist Trainee position in the Office of Financial Management, Community Budget and Financial Management Group (CBFMG). This position will ensure timely review and processing of payments to 62 counties. Under the direction of higher-level managers, the incumbent will administer contracts and procurements for community-based mental health services throughout New York State.

Specific duties to be performed may include, but are not limited to, the following: Review, process, and monitor/track assigned workload by using internal databases, the Statewide Financial System (SFS), the Aid to Localities Financial System (ALFS), project management tools, and SharePoint records as required. Review proposed contracts for fiscal and programmatic correctness, adherence to State policy, compatibility with agency programs and goals, availability of funds, and appropriateness of rates. Conducts cost evaluations and prepares or assists with the preparation of cost evaluation reports.

Analyze data and prepare reports for internal and external stakeholders. Provides guidance, technical assistance, and training to agency staff and/or local providers to facilitate the contract processes, ensuring all control requirements are met. Reviews budget modifications and contract amendments to determine the impact on the contract and to ensure continued compliance with applicable regulations.

Recommends improvements to contract management related office policies and procedures. Contact agency staff to review contract preparation and award requirements. Create and maintain relationships with fiscal agents representing provider agencies (sub-recipients and contractors).

Maintain correspondence and documentation related to contracts including monthly spenddown sheets. Communicate and present information to stakeholders (OMH staff and providers) regarding contracts and payment process, obtain various contract documents, and participate in outreach and training efforts, both internally and externally. Monitor contract process and assist with contract extensions.

Problem-solve with PD, PI and others on contract-related issues. Document major or difficult issues or problems and refer them to higher level staff. Other duties as assigned.

Minimum Qualifications Non-Competitive Opportunity: Contract Management Specialist Trainee 1: Four years of experience managing contracts and related budgets including one or more of the following areas: negotiation with contractors and vendors; fiscal management, including bidding, payment, analysis, and fiscal reporting; contract development, including developing requests for proposals; contract execution, including securing signatory approval from control agencies; monitoring and review of contract terms. Contract Management Specialist Trainee 2: Five years of experience managing contracts and related budgets including one or more of the following areas: negotiation with contractors and vendors; fiscal management, including bidding, payment, analysis, and fiscal reporting; contract development, including developing requests for proposals; contract execution, including securing signatory approval from control agencies; monitoring and review of contract terms. Contract Management Specialist 1: Six years of experience managing contracts and related budgets including one or more of the following areas: negotiation with contractors and vendors; fiscal management, including bidding, payment, analysis, and fiscal reporting; contract development, including developing requests for proposals; contract execution, including securing signatory approval from control agencies; monitoring and review of contract terms.

Substitution: An associate degree may substitute for two years of experience; a bachelor's degree may substitute for four years of experience; a master's degree may substitute for five years of experience; and a doctorate may substitute for six years of experience. Transfer Opportunity: Candidates must have permanent status as a Contract Management Specialist, Grade 18, and be eligible for lateral transfer; OR be eligible to transfer via Section 70.1 or 52.6 of the Civil Service Law into the Contract Management Specialist 1 or Contract Management Specialist Trainee level. Additional Comments This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS)

For the duration of the NY HELPS Program, this title maybe filled via a non-competitive appointment, which means no examination is required but all candidates must meet the minimum qualifications of the title for which they apply. At a future date (within one year of permanent appointment), it is expected employees hired under NY HELPS will have their non-competitive employment status converted to competitive status, without having to compete in an examination. Employees will then be afforded with all of the same rights and privileges of competitive class employees of New York State.

While serving permanently in a NY HELPS title, employees may take part in any promotion examination for which they are qualified. The Mission of the New York State Office of Mental Health is to promote the mental health of all New Yorkers, with a focus on providing hope and supporting recovery for adults with serious mental illness and children with serious emotional disturbances. Applicants with lived mental health experience are encouraged to apply.

OMH is deeply committed to supporting underserved individuals, organizations, and communities. To this end, OMH is focused on implementing activities and initiatives to reduce disparities in access, quality, and treatment outcomes for underserved populations. A critical component of these efforts is ensuring OMH is a diverse and inclusive workplace where all employees' unique attributes and skills are valued and utilized to support the mission of the Agency.

OMH is an equal opportunity/affirmative action employer. Specific scheduled hours and telecommuting availability for this position will be discussed during the interview process. Please note, employees are required to apply and obtain approval through management to telecommute according to operational needs and Agency Telecommuting Program Guidelines.

The starting salaries for this position are outlined below. Candidates appointed at the trainee level will be required to successfully complete the traineeship to advance to the full performance level title and salary. $53,764 (Trainee 1- NS equated to SG-14) $59,994 (Trainee 2- NS equated to SG-16) $66,951 (Full Performance level SG-18) #LI-DNI Some positions may require additional credentials or a background check to verify your identity.


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