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Contract Risk Jobs in Kansas (NOW HIRING)

The Rockridge Group

Vendor Risk Associate

Topeka, KS

Manage routine supplier risk evaluation schedule; track contract renewals and expiration dates for existing contracts, insurance certificates, risk remediation status, etc. * Monitor and manage all ...

Corbion

Legal Counsel NAM

Lenexa, KS · Hybrid

NDAs and MTAs (globally), supply and purchase agreements, distribution and agency agreements, and consulting and service agreements. * Assist in contract risk assessment and ensure alignment with ...

corbion

Legal Counsel NAM

Lenexa, KS · Hybrid

NDAs and MTAs (globally), supply and purchase agreements, distribution and agency agreements, and consulting and service agreements. * Assist in contract risk assessment and ensure alignment with ...

Corbion

Legal Counsel NAM

Lenexa, KS · On-site

NDAs and MTAs (globally), supply and purchase agreements, distribution and agency agreements, and consulting and service agreements. * Assist in contract risk assessment and ensure alignment with ...

Kiewit Corporation

Contracts Specialist

Lenexa, KS · On-site

We are adding a Supply Chain Contract Specialist to our team, to support our Nuclear market, due to ... risk contracts for various projects. Work to resolve escalated, complex, or disputed contract ...

Corbion

Legal Counsel NAM

Lenexa, KS · Hybrid

Assist in contract risk assessment and ensure alignment with Corbion's policies, playbooks, and approval processes.Partner with IP colleagues to help protect Corbion's intellectual property in ...

APTIM

Senior Contracts Administrator

Lenexa, KS · On-site

$82K - $105K/yr

Advise and train technical personnel regarding contract administration, risk avoidance, change order management, and cost and pricing. * Review project setup forms to ensure that a properly reviewed ...

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Contract Risk information

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 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 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 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 the most commonly searched types of Risk jobs in Kansas? The most popular types of Risk jobs in Kansas are:
What cities in Kansas are hiring for Contract Risk jobs? Cities in Kansas with the most Contract Risk job openings:
Contract Risk jobs near you

Vendor Risk Associate

The Rockridge Group

Topeka, KS

Full-time

Posted 8 hours ago

Job description

Vendor Risk Associate
ABOUT THE POSITION:
This position will support the identification, vetting, and contracting process with regards to vendor / supply chain risk issues and will report to the Head of Vendor Risk Management.
Key categories of vendor risk management include:
  • Due Diligence
  • Monitoring
  • Managing
  • Mitigating
SPECIFIC RESPONSIBILITIES INCLUDE:
  • Review supplier initial due diligence materials (Compliance, IT Security, Financials)
  • Identify potential issues and establish appropriate follow up steps for uncovered issues
  • Monitor and report on any supply chain risk incident occurrences for critical vendors
  • Assist business owners and SSEM team members with vendor on-boarding; screening, risk assessments, etc.
  • Document the completion and acceptance of these actions
  • Create and conduct training for business owners on standards and practices associated with vendor / supply chain risk management
  • Manage routine supplier risk evaluation schedule; track contract renewals and expiration dates for existing contracts, insurance certificates, risk remediation status, etc.
  • Monitor and manage all supplier alerts provided by third party information services
  • Respond to and advise management of risk alerts, potential impacts of the risk alert and suggest corrective course of action to mitigate the impact of the risk incident
  • Maintain and update a supplier risk management database containing risk assessments, risk incidents, risk incident disposition, etc.
  • Leverage all available sources of risk information
  • Develop a deep knowledge of all applicable regulatory requirements regarding the monitoring and managing of third-party risk
  • Assist with the creation, implementation, and revisions of policies and procedures and associated governance models related to vendor/ supply chain risk management
  • Liaising with key organizational constituents to understand and document specific business requirements related to supply chain risk management
  • Maintain an audit ready status of the vendor management function
SKILLS & EXPERIENCE REQUIRED:
  • Bachelor’s degree
  • Minimum of 2 years direct working experience in managing vendor / supply chain risk
  • Experience in working with both internal and external auditors and compliance managers
  • Expertise in monitoring and managing key supplier risk, compliance and audit objectives
  • Excellent analytical skills and problem-solving capabilities
  • Team player who can collaborate across multiple functional areas
  • Individual who is results driven and who constantly raises the bar
  • Excellent communicator who can write and speak clearly, concisely, and convincingly
  • Self-starter capable of designing and implementing processes and controls
  • Working knowledge of key regulator monitoring and managing requirements of third-party suppliers