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Contract Risk Jobs in Alabama (NOW HIRING)

Lead Contracts Manager

Vestavia Hills, AL · On-site

$89K - $118K/yr

Overview Our Indiana team is growing! The Lead Contracts Managerserves as a team leader on larger capital projects and is the client's main contact for providing RFP development, change management,

Lead Contracts Manager

Vestavia Hills, AL · On-site

$89K - $118K/yr

Overview Our Indiana team is growing! The Lead Contracts Manager serves as a team leader on larger capital projects and is the client's main contact for providing RFP development, change management,

What we offer Explore a world of opportunities with us. Look ahead with us and help shape innovative solutions to make our world more sustainable and life healthier, more vibrant and more

In a world of possibilities, pursue one with endless opportunities. Imagine Next! At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our

The Director of Contracts will lead all aspects of government contract administration and compliance, providing strategic guidance throughout the contract lifecycle. This role will partner with

Showing results 41-60

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:

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.

Vendor Contracts Administrator

Triton Health Systems

Birmingham, AL

Full-time

Re-posted 3 days ago


Job description

Vendor Contracts Administrator

Location: Birmingham, AL

Work Schedule: Hybrid schedule with regular work onsite at the VIVA HEALTH corporate office and some work-from-home opportunities.

The Vendor Contracts Administrator is responsible for administering the full lifecycle of vendor contracts from development and execution through renewal and performance tracking while maintaining accuracy, compliance, and alignment with VIVA HEALTH’S policies, regulatory standards, and operational needs. This position ensures each vendor is assigned an internal business owner who is trained on VIVA HEALTH’S expectations for contract negotiation, execution, implementation, oversight, and renewal, amendment, or termination.

Why VIVA HEALTH?

VIVA HEALTH, part of the renowned University of Alabama at Birmingham (UAB) Health System, is a health maintenance organization providing quality, accessible health care. Our employees are a part of the communities they serve and proudly partner with members on their healthcare journeys.

VIVA HEALTH has been recognized by Centers for Medicare & Medicaid Services (CMS) as a high-performing health plan and has been repeatedly ranked as one of the nation's Best Places to Work by Modern Healthcare.

Benefits

  • Comprehensive Health, Vision, and Dental Coverage
  • 401(k) Savings Plan with company match and immediate vesting
  • Paid Time Off (PTO)
  • 9 Paid Holidays annually plus a Floating Holiday to use as you choose
  • Tuition Assistance
  • Flexible Spending Accounts
  • Healthcare Reimbursement Account
  • Paid Parental Leave
  • Community Service Time Off
  • Life Insurance and Disability Coverage
  • Employee Wellness Program
  • Training and Development Programs to develop new skills and reach career goals
  • Employee Assistance Program

See more about the benefits of working at Viva Health - https://www.vivahealth.com/careers/benefits

Key Responsibilities

  • Administer and maintain all vendor contracts within the contract management system, ensuring version control, accuracy, and accessibility.
  • Coordinate contract drafting, review, approval, and execution processes across internal departments and with Legal.
  • Design, implement, and maintain standardized contract checklists for use by internal Vendor Business Owners (VBOs) to ensure agreements include required legal, compliance, and service level provisions prior to execution.
  • Train and support VBOs on contract management best practices including negotiation of terms, defining service level agreements (SLAs), performance standards, and measurable outcomes aligned with business objectives.
  • Track key contract milestones, renewal dates, and performance obligations to ensure timely and compliant vendor management.
  • Act as the primary point of contact for contract inquiries, updates, and reporting.
  • Support vendor on-boarding by ensuring required documentation and internal approvals are complete prior to activation.
  • Prepare and maintain reports and dashboards related to contract status, expirations, and performance metrics.
  • Serve as the subject matter expert for the contract management system. Support user training, enhancements, and process improvements. May assist in vetting, choosing, and implementing contract management system including designing workflows and testing after production.
  • Support and advise VBOs in the development of Requests for Proposals (RFPs), including scope definition, contractual requirements, performance expectations, and evaluation criteria when appropriate.
  • Identify opportunities to enhance contract processes, improve efficiency, strengthen vendor governance, and improve accountability.

REQUIRED:

  • Bachelor's Degree in Business Administration, Healthcare Administration, Legal Studies, or related field or equivalent work experience
  • Minimum of 3–5 years of experience in contract administration, preferably within a health plan, healthcare organization, or regulated industry
  • Exceptional attention to detail and organizational skills
  • Strong written and verbal communication abilities
  • Ability to read and understand contracts and other legal documents
  • Proactive with the ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Strong analytical, critical thinking, and problem-solving skills
  • Proficiency with contract management software
  • Proficiency with Microsoft Office applications, including Excel and Word
  • Understanding of healthcare compliance requirements (HIPAA, CMS, OIG, etc.)

PREFERRED:

  • 5-7 years of experience in contract administration, preferably within a health plan, healthcare organization, or regulated industry
  • Paralegal experience
  • Certification in Contract Management (IACCM/WorldCC or NCMA)
  • Experience working for a regional or mid-size health plan
  • Familiarity with vendor risk management and procurement processes