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Contract Risk Jobs in Texas (NOW HIRING)

Coordinate final bid review meetings * Assist in identifying contract risk items (LDs, insurance, warranties, spec conflicts) * Coordinate RFIs/questions during bid phase * Track assumptions and ...

... contract commitments and commercial risk assessment during all phases. In this role they negotiate contract terms and conditions, provide commercial and contractual leadership and direction ...

... contract commitments and commercial risk assessment during all phases. In this role they negotiate contract terms and conditions, provide commercial and contractual leadership and direction ...

Coordinate final bid review meetings * Assist in identifying contract risk items (LDs, insurance, warranties, spec conflicts) * Coordinate RFIs/questions during bid phase * Track assumptions and ...

Global Logistics Parcel Manager

Spring, TX · On-site

$93.40K - $143.80K/yr

The role identifies complex contract risk areas and advises senior leaders on risk mitigation. Responsibilities Drives a complex individual supply chain sub-category and assumes responsibility for ...

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Contract Risk information

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 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 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 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 Texas? The most popular types of Risk jobs in Texas are:
Infographic showing various Contract Risk job openings in Texas as of May 2026, with employment types broken down into 2% As Needed, 83% Full Time, 9% Part Time, 2% Temporary, and 4% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution.
Sr. Contracts Specialist

$94.10K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 5 days ago


Oceaneering rating

7.3

Company rating: 7.3 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

253rd of 415 rated machine equipment manufacturers


Job description

Job Description
The Senior Contracts Specialist serves as both a business partner and a subject matter expert on contracts with clients and with suppliers, with responsibility for ensuring timely, accurate and risk-weighted advice and service. A member of a highly effective Legal Department, the Senior Contracts Specialist works in close collaboration with other Oceaneering employees across business segments and functional departments to enable business and maximize profit in furtherance of the Company's strategic objectives and within its Mission, Vision, and Values and is responsible for taking support and lead roles in drafting, negotiating and concluding negotiations with Oceaneering's clients and vendors.
Responsibilities
ESSENTIAL
  • Provide contract advice, drafting and services in connection with complex business transactions, including playing a key role in negotiating the terms and advising management and the Contracts Manager regarding the risks and deviations from standards of such transactions
  • Lead contract risk assessments for high-value, high-risk or non-standard transactions, including identifying material risks, and escalating risks in accordance with Oceaneering approval matrices.
  • Draft contract language tailored to specific needs as advised by legal, commercial and business teams.
  • Advise business leaders on potential claims and other post-award support.
  • Interface with regional Legal and Contracts Departments to share best practices and ensure consistency throughout the organization.
  • Interface with commercial, bids-and-proposals, sales and operations personnel. Advise on terms and conditions and other contractual issues.
  • Liaise with Subject Matter Experts, including the Legal, Tax, Finance and Insurance Departments, on respective issues to ensure that all contracts comply with Oceaneering's contracting guidelines or other applicable guidelines.
  • Maintain contracts files and database with respect to contracts reviewed and executed
  • Support profit center managers and commercial managers in applying contracting principles to understand and address risks associated with various scopes of work.
  • Provide contract advice and services to mitigate risk and ensure compliance with applicable laws, regulations and Oceaneering's Policies and Procedures
  • Conduct contracts-related training of operations and other personnel.
  • Assist with the training and development of Contracts Specialists.
  • Promote an awareness of Legal Department policies and procedures in coordination with Regional Legal Counsel.
  • Perform as a team player with a strong work ethic.
  • Perform all work in accordance with Oceaneering's Code of Business Conduct and Ethics and other relevant policies and procedures.

Qualifications
Required:
  • Bachelor's degree or equivalent combination of education and experience.
  • Minimum 7 years of working experience in commercial contracting experience in the offshore oil and gas service industry or engineered manufactured products sector, directly supporting sales and operations management's efforts with clients and vendors.
  • Minimum 7 years' experience negotiating complex indemnity structures and risk mitigation utilized in energy (including offshore oil and gas) services contracts is essential.
  • Minimum 7 years' experience drafting, reviewing, and negotiating complex contracting arrangements.
  • Fluent in English
  • Knowledge of MS Office.

Desired:
  • Experience in US and international commercial contracts within the oil and gas industry.
  • Excellent written and oral communication skills including the ability to effectively communicate with internal business clients, and staff.
  • Fluency in other languages is a plus, particularly Spanish and Portuguese.
  • Strong individual initiative, discipline and commitment to superior performance and continuous improvement.
  • Energy services and/or heavy manufacturing industry experience is preferred.

Knowledge, Skills, Abilities, and Other Characteristics
  • Knowledge of industry typical contracting practices.
  • Ability to negotiate mutually acceptable solutions.
  • Excellent written and verbal communications skills.
  • Critical thinking approach to problem solving.
  • Ability to operate independently while exercising sound judgment in the escalation of risks.
  • Brings a proactive, team-oriented approach.
  • Develops and maintains strong professional relationships with Legal colleagues, other Oceaneers, and external customers and suppliers. Demonstrates cultural sensitivity and the ability to effectively navigate across a multinational company.

We offer a comprehensive and competitive benefits package. Employee benefits vary by role, however, may include Health and Wellness, Mental Health, Retirement Savings, Life and Disability, Paid Maternity and Parental Leave, Paid Time Off, Tuition Reimbursement, and an Employee Assistance Program.
About Us
Oceaneering is a global provider of engineered services and products, primarily to the offshore energy industry. We develop products and services for use throughout the lifecycle of an offshore oilfield, from drilling to decommissioning. We operate the world's premier fleet of work class ROVs. Additionally, we are a leader in offshore oilfield maintenance services, umbilicals, subsea hardware, and tooling. We also use applied technology expertise to serve the defense, material handling, aerospace, science, and renewable energy industries.
Equal Opportunity Employer:
All qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or other non-merit factor.

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