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Contract Risk Jobs in Alabama (NOW HIRING)

Sigmatech, Inc.

Senior Contracts Specialist

Huntsville, AL · On-site

$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 ...

Quanta Services

Subcontracts Specialist II

Birmingham, AL · On-site

$82K - $99K/yr

Review contract documents to identify key commercial terms, obligations, deliverables, and risk areas. * Maintain contract files, contract logs, and commercial documentation. * Support contract ...

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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, 90% Full Time, 6% Part Time, 1% Temporary, and 2% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution.

Senior Contracts Specialist

Huntsville, AL • On-site

Sigmatech, Inc.
Guided Missile and Space Vehicle Manufacturing • 51 - 200 employees
Learn more about Sigmatech, Inc.external

$91K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 28 days ago

Job description

The Senior Contracts Specialist will manage a variety of complex contracts and subcontracts, collaborate with leadership, business development, finance, and program management to ensure contractual compliance, minimize 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 from proposal support through contract closeout.
  • Review and administer prime contracts and related contractual agreements.
  • Support proposal development, contract negotiations, modifications, and customer communications.
  • Ensure compliance with contractual requirements, company policies, and government regulations.
  • Support DCAA, DCMA, and other government audits and reviews.
  • Contribute to the development and improvement of contract management practices and tools.

Required Qualifications

  • Bachelor's degree in Business, Contracts Management, Finance, Legal Studies, or a related field.
  • 6-10 years of progressive government contracts management experience.
  • Strong knowledge of FAR, DFARS, SBA, and federal contracting regulations.
  • Experience with a variety of government contract types, including FFP, Cost-Reimbursement, T&M, IDIQ, Phase III, GWAC, and GSA Schedule contracts.
  • Excellent negotiation, communication, and problem-solving skills.

Preferred Qualifications

  • Master's degree.
  • CPCM, CFCM, or similar professional certification.
  • Active Secret Clearance or ability to obtain one.
  • Experience supporting DoW, NASA, DOE, or other federal agencies.
  • Huntsville-area government contracting experience.

Skills

  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment.
  • Ability to meet deadlines.
  • Ability to work independently and collaborate as part of a team.
  • Effective written and verbal communication skills.
  • Meticulous attention to detail and quality of work product.
  • Ability to build and sustain professional relationships.
  • Strong interpersonal skills and professional demeanor.
  • Proficiency in Deltek Costpoint is a plus.

Why Join Us?

This is an opportunity to play a key role within a growing government contractor supporting critical defense and aerospace programs.

Salary: Competitive and commensurate with experience.
Benefits: Comprehensive benefits package including medical, dental, vision, 401(k), PTO, and professional development opportunities.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.