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Contract Risk Jobs in Alabama (NOW HIRING)

Lexicon, Inc

Contract Manager (Field)

Calvert, AL · On-site

$99K - $133K/yr

Provide routine reporting on contract status, risk, compliance, etc. * Various other administrative and clerical duties as assigned related to contract management. * The ability to work overtime and ...

Lexicon, Inc

Contract Manager (Field)

Calvert, AL · On-site

$99K - $133K/yr

Provide routine reporting on contract status, risk, compliance, etc. * Various other administrative and clerical duties as assigned related to contract management. * The ability to work overtime and ...

AeroVironment

Contracts Manager

Huntsville, AL · Hybrid

$87K - $117K/yr

Analyze the impact of these modifications and revisions to contract terms and prepare recommendations and risk reviews for management. * Manage and monitor the performance of long-term contracts and ...

AeroVironment

International Contracts Manager

Huntsville, AL · On-site

$87K - $117K/yr

Analyze the impact of modifications and revisions to contract terms and prepare recommendations and risk reviews for management * Coordinate flow-downs of terms and conditions with all functional ...

Sigmatech, Inc.

Senior Contracts Specialist

Huntsville, AL

$91K/yr

... risk, and support company growth. Key Responsibilities * Manage the administration of a variety of contract types, including commercial, public sector, international, and federal government contracts ...

Sigmatech, Inc.

Senior Contracts Specialist

Huntsville, AL

$91K/yr

... risk, and support company growth. Key Responsibilities * Manage the administration of a variety of contract types, including commercial, public sector, international, and federal government contracts ...

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Contract Risk information

What is contract risk?

Contract risk refers to the potential for financial loss, legal exposure, or operational issues arising from the terms, execution, or management of contracts between parties. This can include risks such as non-performance, ambiguous clauses, regulatory non-compliance, and disputes over contract obligations. Identifying and managing contract risk is essential for organizations to safeguard their interests and ensure smooth business operations. Contract risk professionals assess agreements for potential pitfalls and develop strategies to minimize or mitigate these risks.

What are some common challenges faced by professionals in contract risk roles, and how can they be addressed?

Professionals in Contract Risk roles often encounter challenges such as navigating ambiguous contract language, managing tight deadlines for risk assessments, and ensuring coordination between legal, compliance, and business teams. Addressing these challenges typically involves developing strong communication skills, utilizing risk management tools, and staying updated on regulatory changes. Building collaborative relationships across departments and participating in ongoing training can also help contract risk professionals effectively mitigate risks and add value to their organizations.

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

To thrive as a Contract Risk professional, you need strong knowledge of contract law, risk assessment, and compliance, usually supported by a degree in law, business, or a related field. Familiarity with contract management software, risk analysis tools, and regulatory frameworks is essential. Exceptional attention to detail, negotiation skills, and the ability to communicate complex concepts clearly are vital soft skills. These competencies help ensure that organizations identify, mitigate, and manage contractual risks effectively, protecting their interests and maintaining regulatory compliance.

What is the difference between Contract Risk vs Contract Administrator?

AspectContract RiskContract Administrator
Primary FocusIdentifying and mitigating contractual risksManaging contract documentation and execution
Required CredentialsLegal or risk management background, certifications in risk managementLegal, administrative, or contract management experience
Work EnvironmentRisk departments, legal teams, project managementContract departments, procurement, project teams

Contract Risk professionals focus on analyzing and reducing contractual risks before and during contract execution, often working closely with legal and risk management teams. Contract Administrators handle the day-to-day management of contracts, ensuring compliance, documentation, and timely execution. While both roles require understanding contracts, Contract Risk emphasizes risk mitigation strategies, whereas Contract Administrators focus on contract administration and operational tasks.

What are the most commonly searched types of Risk jobs in Alabama?

The most popular types of Risk jobs in Alabama are:

Contract Risk jobs near you
Infographic showing various Contract Risk job openings in Alabama as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 9% Part Time, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution.

Contracts Administrator III Technology Procurement 4P/780

4P Consulting Inc.

Birmingham, AL

Contractor

Posted 23 days ago

Job description

Position: Contracts Administrator III – Technology Procurement

Location: Birmingham, AL
Duration: 1 Year

Client: Southern Company Services

Position Summary

Southern Company Services is seeking an experienced Contracts Administrator III to provide contracting, strategic sourcing, negotiation, and procurement support for services, materials, software, technology services, SaaS, subscriptions, and hardware.

This position will manage sourcing and contracting activities from initial request through contract closeout while ensuring favorable commercial terms, legal compliance, risk mitigation, and alignment with company procurement policies.

Key Responsibilities

· Draft, review, and negotiate contracts, amendments, statements of work, master agreements, NDAs, RFPs, and other procurement documents.

· Manage approximately 20–25 active sourcing and contracting projects concurrently.

· Lead sourcing projects for low- to high-risk services, materials, software, SaaS, technology services, and hardware.

· Support the complete contracting lifecycle, including:

o RFI and RFP preparation

o Pre-bid meetings

o Bid and proposal evaluations

o Cost and price analysis

o Commercial negotiations

o Risk assessments

o Contract administration and closeout

· Negotiate software license agreements, SaaS agreements, subscription agreements, and technology equipment purchase agreements.

· Identify and mitigate legal, commercial, cybersecurity, data privacy, and supplier-related risks.

· Work with Legal, Risk Management, Finance, IT Security, and internal business teams to resolve contract exceptions.

· Manage vendor relationships and improve contract terms, pricing, service levels, and procurement efficiency.

· Conduct market research and identify domestic and global suppliers.

· Ensure compliance with procurement policies, contract requirements, and required terms and conditions.

· Support process improvements and cross-functional sourcing initiatives.

Required Qualifications

· Bachelor’s degree.

· Strong experience drafting and negotiating contract terms and conditions.

· Knowledge of contract law, contract formation, commercial terms, and dispute resolution.

· Strong legal and commercial negotiation skills.

· Ability to manage multiple projects, tight deadlines, and large workloads.

· Excellent written, verbal, analytical, organizational, and interpersonal skills.

· Ability to work independently and collaborate with cross-functional teams.

· Strong customer service, problem-solving, influencing, and consensus-building skills.

Preferred Qualifications

· Bachelor’s degree in Business, Management, Finance, Law, or a related field.

· Formal education or training in contract law and contract language.

· Experience negotiating technology-related contracts.

· Experience with software licensing, SaaS, subscription services, hardware, and technology procurement.

· Knowledge of IT security risks, data breaches, malicious code, vulnerabilities, and related contract protections.

· Experience with sourcing, procurement, category management, and contract management systems.