At a Glance
- Tasks: Negotiate contracts, ensure compliance, and drive successful enterprise agreements.
- Company: Join HireRight, a global leader in background screening and workforce solutions.
- Benefits: Enjoy competitive salary, annual bonuses, and comprehensive benefits including private medical insurance.
- Other info: Hybrid role in Canary Wharf with excellent career growth opportunities.
- Why this job: Make an impact by streamlining contract processes and maximising deal value in a dynamic environment.
- Qualifications: Bachelor’s degree and 2-4 years of experience in contract negotiation required.
The predicted salary is between 50000 - 60000 € per year.
About HireRight
HireRight is the premier global background screening and workforce solutions provider. We bring clarity and confidence to vetting and hiring decisions through integrated, tailored solutions, driving a higher standard of accuracy in everything we do. Combining in-house talent, personalized services, and proprietary technology, we ensure the best candidate experience possible. PBSA accredited and based in Nashville, TN, we offer expertise from our regional centers across 200 countries and territories in The Americas, Europe, Asia, and the Middle East. Our commitment to get it right every time, everywhere, makes us the trusted partner of businesses and organizations worldwide.
Overview
The role will play a critical role in driving successful enterprise-level agreements by ensuring contracts are efficiently negotiated, meet compliance standards, and align with organizational objectives. This position is outcomes-focused, with measurable success tied to faster deal closures, risk mitigation, and maximizing value in high-stakes negotiations. This is a hybrid role (3 days onsite) located in our Canary Wharf office in London.
Responsibilities
- Accelerate Sales Cycles: Negotiate and finalize contracts with an emphasis on reducing turnaround times without compromising compliance or quality. Achieve a measurable reduction in contract negotiation timelines by streamlining processes and preempting common bottlenecks.
- Mitigate Risks and Ensure Compliance: Ensure contracts are compliant with company policies, legal standards, and regulatory requirements (e.g., GDPR, US FCRA, California CPA, export controls). Successfully identify and resolve potential risks in agreements, minimizing non-standard exceptions.
- Increase Contractual Efficiency: Collaborate with sales, legal, and operations teams to create standard contract templates and playbooks that expedite negotiations. Implement and optimize contract management systems to achieve a measurable increase in team efficiency (e.g., reducing document processing times by 20%).
- Maximize Deal Value: Negotiate favorable terms in high-value enterprise agreements, resulting in an increased contract value, improved risk profile, or improved terms for renewal and upselling opportunities. Successfully close a target percentage of deals with value-added clauses that enhance customer retention and revenue potential.
- Foster Strong Stakeholder Relationships: Build trusted partnerships with sales teams, customers, and internal stakeholders, leading to a measurable improvement in internal satisfaction scores and customer feedback on the negotiation process. Act as a point of contact for resolving contractual issues, achieving a high resolution rate within set timelines.
- Drive Process Improvements: Implement data-driven strategies to enhance negotiation processes, reducing friction and improving customer satisfaction by a defined metric (e.g., Net Promoter Score or similar). Conduct post-deal reviews to identify lessons learned and continuously improve the contract negotiation approach.
Qualifications
- Education: Bachelor’s degree in business, law, or related field. Advanced degree (MBA, JD) is a plus.
- Experience: 2-4 years post-qualifying experience as a lawyer or experience resulting in comparable skills as a non-lawyer. 1+ years in contract negotiation. Demonstrated ability to manage and negotiate multi-million-dollar contracts.
- Technical Skills: Proficiency in contract management systems and CRM platforms (e.g., Salesforce, Icertis, or similar). Strong understanding of commercial law and industry-specific regulatory standards. Strong contract-drafting skills, with Drafting Clearer Contracts Masterclass by Ken Adams preferred.
- Soft Skills: Exceptional negotiation and communication skills, with a proven ability to influence stakeholders. Analytical and detail-oriented, with a track record of making sound decisions in high-pressure environments.
What do we offer
This position includes a competitive salary, annual performance incentive bonus and benefits package. As part of our commitment to our employees’ well-being and satisfaction, we offer a comprehensive benefits package. Below, you’ll find an overview of the mandatory and supplemental benefits available to our team members.
- Yearly salary review scheme based on company and personal performance
- 25 days holiday
- A competitive pension scheme to secure your financial future
- Private Medical Insurance - with funded coverage, you can access high-quality healthcare without worrying about out-of-pocket expenses
- Funded Income protection ensures financial security if you’re unable to work due to illness or injury, your income is safeguarded even during challenging times.
- Group Life Assurance funded by HireRight provides a lump-sum payment to your beneficiaries in the event of your passing. It’s an essential safety net for your loved ones.
- Voluntary benefits package allows you to tailor your perks (e.g. discounted retail vouchers, great value Dental Insurance, Critical Illness insurance for Employee and Spouse)
Please submit resume/CV in English. All resumes are held in confidence. Only candidates whose profiles closely match requirements will be contacted during this search. HireRight does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of HireRight and HireRight will not be obligated to pay a placement fee.
Commercial Contracts Manager in London employer: HireRight
At HireRight, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in our Canary Wharf office. Our commitment to employee growth is reflected in our comprehensive benefits package, including competitive salaries, annual performance bonuses, and tailored voluntary benefits, ensuring that our team members feel valued and supported in their professional journeys. Join us to be part of a global leader in background screening, where your contributions directly impact our mission to deliver clarity and confidence in hiring decisions.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Contracts Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Commercial Contracts Manager role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their approach to contract management and compliance, so you can showcase how your skills align with their needs. Tailor your responses to highlight your experience in negotiating high-value contracts.
✨Tip Number 3
Practice your negotiation skills! Role-play common scenarios you might face in the interview, focusing on how you would handle contract negotiations and risk mitigation. This will help you feel more confident and articulate during the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Good luck!
We think you need these skills to ace Commercial Contracts Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial Contracts Manager role. Highlight relevant experience in contract negotiation and compliance, and don’t forget to showcase any achievements that demonstrate your ability to drive successful enterprise-level agreements.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific skills that align with the job description, like your negotiation prowess or your knack for mitigating risks in contracts.
Showcase Your Soft Skills:Don’t just focus on technical skills; make sure to highlight your exceptional negotiation and communication skills. We want to see how you’ve influenced stakeholders in the past and how you can build strong relationships moving forward.
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets into the right hands!
How to prepare for a job interview at HireRight
✨Know Your Contracts Inside Out
Before the interview, make sure you thoroughly understand the types of contracts you'll be dealing with. Familiarise yourself with compliance standards like GDPR and US FCRA, as well as any specific regulations relevant to the role. This will not only show your expertise but also demonstrate your commitment to ensuring compliance.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations where you successfully reduced turnaround times or mitigated risks. Be ready to discuss how you’ve maximised deal value in previous roles. This will highlight your ability to drive successful enterprise-level agreements, which is crucial for this position.
✨Demonstrate Team Collaboration
Since the role involves working closely with sales, legal, and operations teams, come prepared with examples of how you've collaborated effectively in the past. Discuss any standard templates or playbooks you've created that improved efficiency, as this aligns perfectly with the responsibilities outlined in the job description.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions that show your interest in the company’s processes and culture. Inquire about their current contract management systems or how they measure success in negotiations. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.
