Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Provide peer-level coaching and guidance support to ...
Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Provide peer-level coaching and guidance support to ...
Identifies complex or emerging contract risk areas. * Negotiates acceptable contracting outcomes using custom solutions. * Advises executive level business leaders on all contract risk areas.
Identifies complex or emerging contract risk areas. * Negotiates acceptable contracting outcomes using custom solutions. * Advises executive level business leaders on all contract risk areas.
As part of our Global Risk Management team, the Contract Reviewer is responsible for supporting the operational business establish contracts with its clients and suppliers, advising on the associated ...
As part of our Global Risk Management team, the Contract Reviewer is responsible for supporting the operational business establish contracts with its clients and suppliers, advising on the associated ...
As part of our Global Risk Management team, the Contract Reviewer is responsible for supporting the operational business establish contracts with its clients and suppliers, advising on the associated ...
Quick apply
As part of our Global Risk Management team, the Contract Reviewer is responsible for supporting the operational business establish contracts with its clients and suppliers, advising on the associated ...
As part of our Global Risk Management team, the Contract Reviewer is responsible for supporting the operational business establish contracts with its clients and suppliers, advising on the associated ...
As part of our Global Risk Management team, the Contract Reviewer is responsible for supporting the operational business establish contracts with its clients and suppliers, advising on the associated ...
Advise senior business leaders on contract risk areas and negotiate acceptable outcomes using proven solutions. Requirements: * Bachelor's degree or equivalent experience; advanced degree preferred ...
New
Advise senior business leaders on contract risk areas and negotiate acceptable outcomes using proven solutions. Requirements: * Bachelor's degree or equivalent experience; advanced degree preferred ...
New
This individual will play a key role in supporting business operations, managing risk, and enabling compliant and efficient contract execution. In addition, the Director of Contracts will be ...
This individual will play a key role in supporting business operations, managing risk, and enabling compliant and efficient contract execution. In addition, the Director of Contracts will be ...
Director of Contracts
Fort Worth, TX · On-site
This individual will play a key role in supporting business operations, managing risk, and enabling compliant and efficient contract execution. In addition, the Director of Contracts will be ...
Director of Contracts
Fort Worth, TX · On-site
This individual will play a key role in supporting business operations, managing risk, and enabling compliant and efficient contract execution. In addition, the Director of Contracts will be ...
Sr SC Capital Projects Specialist
Amarillo, TX · On-site
$90K/yr
Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Essential Responsibilities * Execute contracting and ...
Sr SC Capital Projects Specialist
Amarillo, TX · On-site
$90K/yr
Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Essential Responsibilities * Execute contracting and ...
Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Essential Responsibilities * Execute contracting and ...
Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Essential Responsibilities * Execute contracting and ...
Sr SC Capital Projects Specialist
Amarillo, TX · On-site
$90K/yr
Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Essential Responsibilities * Execute contracting and ...
Sr SC Capital Projects Specialist
Amarillo, TX · On-site
$90K/yr
Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Essential Responsibilities * Execute contracting and ...
Data Center Risk Associate
Dallas, TX · On-site
Knowledge of construction risk, contract risk, and vendor management * Familiarity with compliance standards such as SOC 1/2, ISO 27001, or NIST * Relevant certifications: CRISC, CISSP, CRMP, CERP ...
Data Center Risk Associate
Dallas, TX · On-site
Knowledge of construction risk, contract risk, and vendor management * Familiarity with compliance standards such as SOC 1/2, ISO 27001, or NIST * Relevant certifications: CRISC, CISSP, CRMP, CERP ...
Risk Analyst
Houston, TX · On-site
Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify improvement opportunities.
Risk Analyst
Houston, TX · On-site
Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify improvement opportunities.
Risk Analyst
$55K - $65K/yr
Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify improvement opportunities.
Quick apply
Risk Analyst
$55K - $65K/yr
Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify improvement opportunities.
Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify improvement opportunities.
Evaluate contract language to ensure adherence to Cotton insurance standards. * Claims and Risk Analysis : Support claims management and risk analysis projects to identify improvement opportunities.
Contract Risk Assessment and monitoring reporting. * Performs required LBB Reporting tasks based on specified deadlines. * Supports the management of supplier relationships, ensuring that UTSW ...
Contract Risk Assessment and monitoring reporting. * Performs required LBB Reporting tasks based on specified deadlines. * Supports the management of supplier relationships, ensuring that UTSW ...
Review and analyze insurance policies when an interpretation of contract terms is needed, or when ... Work collaboratively with the Risk Management and Insurance team to ensure the exposures of Targa ...
Review and analyze insurance policies when an interpretation of contract terms is needed, or when ... Work collaboratively with the Risk Management and Insurance team to ensure the exposures of Targa ...
Risk Analyst
Houston, TX · On-site
Review and analyze insurance policies when an interpretation of contract terms is needed, or when ... Work collaboratively with the Risk Management and Insurance team to ensure the exposures of Targa ...
Risk Analyst
Houston, TX · On-site
Review and analyze insurance policies when an interpretation of contract terms is needed, or when ... Work collaboratively with the Risk Management and Insurance team to ensure the exposures of Targa ...
Risk Management Specialist
$73K - $86K/yr
Review client contracts, master service agreements (MSAs), statements of work (SOWs), and related documents to identify insurance provisions * Evaluate contractual risk transfer requirements and ...
Risk Management Specialist
$73K - $86K/yr
Review client contracts, master service agreements (MSAs), statements of work (SOWs), and related documents to identify insurance provisions * Evaluate contractual risk transfer requirements and ...
Risk Manager
Houston, TX · On-site
Strengthen trade partner relationships while ensuring appropriate risk transfer and contract protections. * Deliver meaningful insights and reporting to support informed decision-making. * Serve as a ...
Risk Manager
Houston, TX · On-site
Strengthen trade partner relationships while ensuring appropriate risk transfer and contract protections. * Deliver meaningful insights and reporting to support informed decision-making. * Serve as a ...
Contract Risk information
What are some common challenges faced by professionals in Contract Risk roles, and how can they be addressed?
What is the difference between Contract Risk vs Contract Administrator?
| Aspect | Contract Risk | Contract Administrator |
|---|---|---|
| Primary Focus | Identifying and mitigating contractual risks | Managing contract documentation and execution |
| Required Credentials | Legal or risk management background, certifications in risk management | Legal, administrative, or contract management experience |
| Work Environment | Risk departments, legal teams, project management | Contract 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?
What is contract risk?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 12 days ago
Xcel Energy rating
8.3
Based on 89 frontline employees who took The Breakroom Quiz
20th of 53 rated energy and utility
Job description
Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you're looking for.
Position Summary
Lead, develop, and execute large-scale engineering, procurement, & construction (EPC), engineered equipment, and construction services contract project sourcing strategies aligned with business stakeholder priorities. Utilize construction project contract expertise to procure construction EPC/turnkey contracts. Implement strategies to achieve project savings targets. Develop strategies and negotiate commercial terms and contracts with suppliers. Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Provide peer-level coaching and guidance support to other sourcing specialists upon request or as directed by manager. With leadership, activity engage in the BU project planning process to ensure timely deployment of category-level strategies and securing necessary lead time to support project directed sourcing activities.
Essential Responsibilities
- Execute contracting and procurement strategy/tactics for large-scale capital projects, sourcing for high value, complex goods and services. Develop should cost models and project justifications. Lead the process to define technical bid requirements, specifications, and specialized terms & conditions. Execute bidding events. Lead bid evaluation teams to analyze proposals and award business. Coordinate with Category Management to leverage scale for recurring purchase opportunities and value capture.
- Apply expert contract knowledge, diligence, and integration of all contract components to ensure efficient project delivery management. Lead the development, refinement, and application of the project delivery contracting strategy for assigned projects. Ensure contractor training and compliance with corporate policies and procedures.
- Develop complex contract negotiation strategies and plans to facilitate negotiation of contracts representing company interests in purchases associated with large-scale capital projects. Analyze, verify, and negotiate modifications, changes, or additional work orders that were not part of the original contract or purchase scope. Resolve disputes and contract adjustments with critical suppliers and internal stakeholders.
- With leadership, activity engage in the BU project planning process to ensure timely deployment of category-level strategies and securing necessary lead time to support project directed sourcing activities. Create and manage project plans for sourcing goods and services. Integrate sourcing and business project plans to develop enterprise-wide standardization of technology and equipment specifications. Deepen relationships with stakeholders and communicate sourcing project status. Execute post award contract management plans, including KPI development. Review with suppliers that contractor commitments and progress milestones are tracked in accordance with contractual terms & conditions and full project value is achieved.
- Lead post award contract management plans. Manage supplier performance to ensure commitments and progress milestones are met. Collaborate with Category Managers to support project needs in alignment with category strategies. Manage critical supplier relationships.
- Develop and lead capital project risk management strategies. Apply expert contract law knowledge to administer project contract agreements and contractual forms. Manage contract risk and assemble documentation to obtain project specific insurance. Limit company liability by ensuring proper documentation.
- Provide peer-level coaching and provide guidance to other sourcing professionals aa they develop their contract management skills. Provide expert knowledge industry relevant advice and training to less experienced sourcing professionals through various hands-on and classroom type methods.
Minimum Requirements
- Bachelor's degree in Supply Chain Management, Engineering, Construction Management, Business, or related technical/analytical field.
- MBA and Certified Professional in Supply Chain Management (CPSM) or other supply chain certification strongly preferred.
- Requires eight years of advanced contracting, sourcing, or logistics experience.
- Project management experience required.
- Expert contract knowledge, negotiation and project management skills required.
- Requires advanced expertise in sourcing and supply chain management principles.
- Proficiency in Microsoft Office Suite and significant experience with purchasing and sourcing systems is required.
- Must be results-oriented and customer focused.
- Strong interpersonal, relationship, and presentation skills are required.
- Up to 20% travel; driver's license required.
Preferred Requirements
- Demonstrate experience developing, negotiating, and administering Engineering, Procurement, and Construction (EPC) contracts for large-scale capital projects, including commercial risk allocation, pricing structures, scope management, change orders, and contract claims resolution.
As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you're ready to be a part of something big, we invite you to join our team.
All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com .
Non-Bargaining
The anticipated starting base pay for this position is: $112,000.00 to $159,400.00 per year
This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave
Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.
In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.
Deadline to Apply: 07/26/26
EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)
All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.
ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
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About Xcel Energy
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Xcel Energy is a prominent electricity and natural gas service provider serving multiple states in the United States, including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Our commitment revolves around delivering essential services to our valued customers. As a trailblazer in the industry, we were the first major US electricity provider with a visionary goal to achieve 100% carbon-free electricity by 2050 and an ambitious 80% reduction in carbon emissions by 2030, based on 2005 levels. Through innovative electric vehicle initiatives, we actively contribute to carbon reduction not only in our electricity generation but also in the transportation sector within the states we operate. Simultaneously, we remain devoted to ensuring cost-effectiveness for our customers by implementing advanced electricity rates and energy efficiency programs.
Industry
Utilities
Company size
10,000+ Employees
Headquarters location
Minneapolis, MN, US
Year founded
1909