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For Companies At a Glance
- Tasks: Negotiate clinical study agreements and manage contract execution for exciting clinical trials.
- Company: Join Medpace, a rapidly growing leader in clinical operations based in London.
- Benefits: Enjoy a full-time role with opportunities for career growth and development.
- Why this job: Be part of a dynamic team making a real impact in clinical research.
- Qualifications: Bachelor's degree required; relevant experience and contract negotiation skills preferred.
- Other info: Work closely with global teams and internal stakeholders to drive project success.
The predicted salary is between 36000 - 60000 £ per year.
Our clinical operations activities are growing rapidly, and we are currently seeking a full-time, office-based Contract Specialist to join our Clinical Operations team in London. This position plays a key role in the study start-up and clinical trial management processes at Medpace. The Site Contract Specialist will advance the start-up of our projects. If you want an exciting career where you use your previous expertise and can develop and grow your career even further, then this is the opportunity for you.
Responsibilities
- Oversees negotiations of clinical study agreements (CSA´s) on a study level and drives CSA document finalization and execution, including contractual language & terms, financial attachments, and investigator grant budgets in collaboration with a global team of site contract & budget negotiators.
- Acts as first-line subject matter expert for all such CSA elements on assigned studies for internal stakeholders.
- Advises stakeholders on issue resolution within the context of assigned studies.
- Plans contract execution strategy for assigned studies, including forecast of site-specific contractual execution timelines with as much accuracy as possible and coordinates with internal study team stakeholders to ensure that CTA strategy is aligned with overall study start-up plans and expectations overall.
- Works closely with internal stakeholders to prepare site contractual templates, including payment terms, in order to drive successful negotiation of contracts and budgets.
- Maintains document status reports, and updates department tools/systems and team members on a regular basis.
- Collaborates with internal legal, finance, and clinical operations departments, including communicating and explaining legal and budgetary issues.
- Manages site level discussions with internal team stakeholders around fair market value of investigator budgets and payment terms within corporate and industry standards during negotiation with sites.
Qualifications
- Bachelor's degree in Business Administration, Management, Life science, or Law.
- Relevant work experience within the industry or similar preferred but not necessary.
- Prior contract negotiation experience preferred.
- Strong attention to detail and excellent communication skills.
Contract Specialist employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contract Specialist
✨Tip Number 1
Familiarise yourself with clinical study agreements (CSAs) and the negotiation process. Understanding the key elements of CSAs will help you speak confidently about your knowledge during interviews.
✨Tip Number 2
Network with professionals in the clinical operations field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 3
Brush up on your communication skills, as they are crucial for this role. Practice articulating complex ideas clearly and concisely, which will be beneficial during discussions with stakeholders.
✨Tip Number 4
Research Medpace and its clinical operations thoroughly. Understanding their projects and values will allow you to tailor your conversations and demonstrate your genuine interest in the role when you apply through our website.
We think you need these skills to ace Contract Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Contract Specialist. Familiarise yourself with clinical study agreements and the negotiation process, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in contract negotiation or clinical operations. Even if your experience isn't directly in this field, showcase transferable skills that demonstrate your capability.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how your background aligns with the job requirements. Be sure to mention your attention to detail and communication skills, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is essential for a Contract Specialist.
How to prepare for a job interview at JR United Kingdom
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Contract Specialist. Familiarise yourself with clinical study agreements and the negotiation process, as this will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Communication Skills
Since the role requires excellent communication skills, prepare examples from your past experiences where you successfully communicated complex information or resolved issues. This will highlight your ability to collaborate with various stakeholders.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about potential challenges in contract negotiations and how you would approach them. This shows your critical thinking and readiness for real-world situations.
✨Highlight Attention to Detail
Attention to detail is crucial in this role. Be ready to discuss how you ensure accuracy in your work, perhaps by sharing specific examples of how you've managed complex documents or contracts in the past.
