Description
Position Summary The Commercial Contracts Specialist is responsible for supporting the organization's commercial contracting activities and providing practical, business-oriented guidance regarding contractual terms, obligations, risks and processes to internal stakeholders. The ideal candidate will have strong experience drafting, reviewing, and negotiating a broad range of commercial agreements, advising internal clients on business and legal risks, and supporting corporate initiatives. Working under the general direction of ISCO's General Counsel and Associate General Counsel, the Commercial Contracts Specialist serves as a primary point of contact for routine, day-to-day contracting matters. This role partners closely with business and operational teams to facilitate efficient contract execution, identify and mitigate legal and commercial risks, and ensure agreements align with the organization's objectives and risk tolerance. Higher-risk, complex, or novel matters are escalated to the General Counsel or Associate General Counsel as appropriate. Essential Responsibilities
- Draft, review, revise and negotiate a wide range of commercial agreements, including customer agreements, vendor and supplier agreements, purchase orders, master services agreements, subcontractor agreements, equipment rental agreements, confidentiality agreements, statements of work, and other business contracts.
- Serve as a primary point of contact for internal stakeholders regarding routine, day-to-day contracting questions and provide practical, timely and focused guidance regarding contractual terms, obligations risks, and processes.
- Identify, assess, and communicate legal, business, operational and contractual risks in accordance with ISCO playbooks, recommending appropriate approaches and escalation when warranted.
- Work with finance, sales, operations, information technology and other internal teams to understand business objectives and structure agreements within ISCO's guidelines or other policies that support those objectives.
- Use AI-powered contract review and/or redlining tools to analyze agreements, identify non-standard or high-risk provisions, compare contract language and suggest revisions in accordance with ISCO playbooks or other Company guidelines or policies.
- Maintain standard contract templates, clause libraries, playbooks, guidelines, records and other contracting resources, and support reporting and analysis regarding the Company's contracting activities.
- Help improve existing and/or develop and implement new contracting processes, procedures and/or tools designed to improve efficiency, consistency and accuracy of the law department's contract administration activities.
- Perform other duties and special projects as assigned.
Qualifications Required
- Experience drafting, reviewing and negotiating commercial contracts.
- Demonstrated ability to identify and communicate contractual and business risks clearly and practically.
- Understanding of common commercial contracting concepts, including but not limited to, confidentiality, indemnification, limitation of liability, insurance, intellectual property, payment terms, warranties, termination and dispute resolution.
- Excellent written and verbal communication skills.
- Strong analytical, organizational, negotiation, and problem-solving skills.
- Ability to manage multiple agreements and priorities in a fast-paced environment while meeting deadlines.
- Ability to work effectively and collaboratively with legal and non-legal stakeholders at all levels of an organization.
- Sound judgment and the ability to distinguish routine matters from issues requiring escalation.
Preferred
- Bachelor's degree and/or relevant combination of education and professional experience.
- 3+ years of experience in commercial contracting, contract management, construction contracts, commercial management, or a related field, with demonstrated experience drafting, reviewing, negotiating, and administering commercial agreements.
- Experience working in an in-house legal department, corporate legal environment, or commercial contracting function.
- Experience supporting contract lifecycle management processes and systems.
- Experience developing and maintaining contract templates, playbooks, policies, or other legal operations resources.
- Experience using AI-powered contract review, analysis, or redlining software.
- Ability to critically evaluate AI-generated contract recommendations and distinguish between useful suggestions and provisions requiring further legal or commercial review.
- Experience working with cross-functional teams and supporting corporate or strategic initiatives.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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