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Contracts Specialist
Contracts SpecialistOnit • Memphis, TN, US
Contracts Specialist

Contracts Specialist

Onit • Memphis, TN, US
23 days ago
Job type
  • Full-time
Job description

Onit Legal Operations Contract Specialist

We're redefining the future of legal operations through the power of AI. Our cutting-edge platform streamlines enterprise legal management, matter management, spend management, and contract lifecycle processes, transforming manual workflows into intelligent, automated solutions.

We're a team of innovators using AI at the core to help legal departments become faster, smarter, and more strategic. As we continue to grow and expand the capabilities of our new AI-centric platform, we're looking for bold thinkers and builders who are excited to shape the next chapter of legal tech.

If you're energized by meaningful work, love solving complex problems, and want to help modernize how legal teams operate, we'd love to meet you.

Position Summary

Onit is growing and we need an experienced Contracts Specialist to join our Legal team! In this role you'll support contracts, compliance, and legal operations. We are seeking someone who is highly organized, analytical, and capable of managing multiple priorities in a fast-paced environment.

Key Responsibilities

Write, review, draft, and negotiate subscription and services agreements, service level agreements, professional services agreements, partner agreements, transactional documents, and contract addenda.

Identify terms that vary from corporate standards to ensure accuracy and compliance, recommend appropriate modifications, engage, and collaborate with internal stakeholders in sales, professional services, legal, product management, support, and other internal organizations.

Provide effective guidance of contract issues to all levels within the company.

Advise sales management of contractual rights and obligations and provide clarification of contract terms and conditions.

Act as a liaison between internal and external customers to efficiently drive the contract review and approval process to conclusion.

Assist in review and response to RFPs and RFQs, offering appropriate alternatives to contract terms and conditions.

Update and maintain status information in Onit CLM.

Coordinate with Finance on terms and revenue recognition.

Prepare and administer routine and / or specialized correspondence.

Assist in other duties that may arise from time to time.

Required Skills

Bachelor's degree or equivalent is a plus.

3-5 years of experience in the creation, negotiation, preparation, administration, and monitoring of technology-related agreements.

2+ years of experience with SaaS and / or enterprise software agreements is required.

Excellent written and verbal communication and negotiation skills.

Ability to interface with all levels.

Ability to handle and resolve conflicts in a professional and tactful manner.

Strong analytical skills and interpersonal skills with the ability to effectively work in a team environment and under general supervision.

Solid understanding of contract provisions and risks and the legal areas and laws that impact them.

Successfully accomplish work with a high degree of independence, balancing competing priorities with short lead times.

Effectively analyze significant, and / or unique contract requirements, special provisions, terms, and conditions to ensure compliance with appropriate laws, regulations, and corporate policies and communicates results.

Proficiency in MS Office, especially Word and Excel, is required.

Experience with SalesForce.com is preferred.

Experience with DocuSign is preferred.

Intellectual curiosity about Onit's customers, products / technology, and contract provisions.

Base Salary Range

At Onit, we're committed to offering fair and competitive compensation. The base salary range for this position is $84,000-95,000. In addition to base pay, associates are eligible for an annual discretionary bonus. The final base salary you receive will reflect factors such as your skills, education, experience, and work location.

Benefits & Perks That Support You

Onit offers a comprehensive total rewards package designed to support the whole employee at work and beyond :

  • Health Coverage Choices : Three medical plan options, plus dental and vision, so you can choose what fits best. Employees on our HDHP plan also receive employer contribution to the HSA.
  • Retirement Savings : 401(k) with a 100% match on the first 3% and 50% on the next 2% of employee contributions.
  • Time Away : Flexible paid time off, 7 sick days, and 9 paid company holidays annually.
  • Family Support : Exceptional paid leave for birth parents, non-birth parents, and caregivers. Onit also offers surrogacy and adoption reimbursement.
  • Income Protection : 100% employer-paid life and disability insurance.
  • Additional Coverage Options : Voluntary benefits including hospital indemnity, critical illness, accident, and even pet insurance.
  • Tax-Advantaged Accounts : Healthcare FSA, HSA, and dependent care FSA.
  • Community Engagement : One paid volunteer day each year to give back to the community.

Our Commitment to Applicants : We know that not everyone will check every box in a job description. At Onit, we value diversity, inclusion, and authenticity. If you're excited about this role but your experience doesn't align perfectly with every qualification, we encourage you to apply. You may be exactly who we're looking for. This position will remain open for applications for 7 calendar days from the posting date.

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Contract Specialist • Memphis, TN, US

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