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Myron Patterson
Contracts Specialist
Summary
Highly skilled and accomplished Contracts Specialist with a proven track record of success in negotiating, drafting, and managing complex contracts. Expertise in contract law, risk management, and contract compliance. Proven ability to collaborate effectively with cross-functional teams and stakeholders to ensure alignment with business objectives. Strong analytical and problem-solving skills, with a keen eye for detail and a commitment to delivering exceptional results.
Education
Business Administration
April 2016
Skills
- Contract Management
- Contract Negotiation
- Contract Drafting
- Contract Administration
- Contract Compliance
- Risk Management
Work Experience
Contracts Specialist
- Developed and implemented contract templates and processes to streamline contract management and ensure consistency.
- Established and maintained a central contract repository, ensuring accessibility and efficient retrieval of contractual information.
- Provided training and guidance to stakeholders on contract management best practices and contractual obligations.
- Utilized contract management software to automate workflows, track contract milestones, and manage compliance.
Contracts Specialist
- Negotiated and drafted over 100 complex contracts, including master services agreements, purchase orders, and nondisclosure agreements, ensuring alignment with business and legal requirements.
- Managed the contract lifecycle from initiation through execution, performance monitoring, and termination, ensuring compliance with contractual obligations.
- Collaborated with crossfunctional teams, including legal, finance, and operations, to develop and implement contract strategies that mitigate risks and optimize business value.
- Conducted due diligence reviews of thirdparty contracts, identifying potential risks and recommending appropriate actions.
Accomplishments
- Successfully negotiated and executed a complex multimillion dollar contract with a key supplier, resulting in significant cost savings and improved service levels.
- Led the development and implementation of a new contract management software system, streamlining processes and reducing contract risk.
- Negotiated and drafted a master services agreement with a major vendor, ensuring flexibility and favorable terms that aligned with the organizations strategic objectives.
- Successfully resolved a complex contract dispute with a supplier, mitigating financial and legal risks while preserving a valuable business relationship.
- Developed and implemented a contract risk assessment framework, proactively identifying and managing potential risks in contracts.
Awards
- Recognized with the Contract Excellence Award for consistently delivering highquality contracts that met all legal and regulatory requirements.
- Received the Top Performer Award for outstanding contributions in contract management, including timely execution and effective negotiation.
- Honored with the Excellence in Contract Management award by the industry association for exceptional contributions to the profession.
- Recognized as a Certified Contract Manager by the industrys leading certification body, demonstrating a high level of professional competence.
Certificates
- Certified Commercial Contracts Manager (CCCM)
- Certified Professional Contracts Manager (CPCM)
- Certified Federal Contracts Manager (CFCM)
- Certified Public Contracts Manager (CPCM)
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How To Write Resume For Contracts Specialist
- Highlight your experience in negotiating and drafting complex contracts, emphasizing the value you bring to the organization.
- Showcase your understanding of contract law and compliance, demonstrating your ability to mitigate risks and ensure adherence to legal requirements.
- Emphasize your ability to collaborate effectively with cross-functional teams and stakeholders, highlighting your communication and interpersonal skills.
- Provide specific examples of how you have streamlined contract management processes and implemented best practices, quantifying your results whenever possible.
- Proofread your resume carefully for any errors, ensuring that it is well-written and error-free.
Essential Experience Highlights for a Strong Contracts Specialist Resume
- Negotiated and drafted a wide range of contracts, including master services agreements, purchase orders, and non-disclosure agreements, ensuring alignment with business and legal requirements.
- Managed the contract lifecycle from initiation through execution, performance monitoring, and termination, ensuring compliance with contractual obligations.
- Collaborated with cross-functional teams, including legal, finance, and operations, to develop and implement contract strategies that mitigate risks and optimize business value.
- Conducted due diligence reviews of third-party contracts, identifying potential risks and recommending appropriate actions.
- Developed and implemented contract templates and processes to streamline contract management and ensure consistency.
- Established and maintained a central contract repository, ensuring accessibility and efficient retrieval of contractual information.
- Provided training and guidance to stakeholders on contract management best practices and contractual obligations.
Frequently Asked Questions (FAQ’s) For Contracts Specialist
What are the key skills and qualifications required for a Contracts Specialist?
Contracts Specialists should possess a strong understanding of contract law, negotiation principles, and risk management. Excellent communication and interpersonal skills are essential, as well as the ability to work independently and as part of a team. Proficiency in contract management software is also highly desirable.
What are the typical responsibilities of a Contracts Specialist?
Contracts Specialists are responsible for negotiating, drafting, and managing contracts on behalf of their organization. They collaborate with cross-functional teams to ensure alignment with business objectives, conduct due diligence reviews, and develop contract templates and processes. They also provide training and guidance on contract management best practices and contractual obligations.
What are the career prospects for a Contracts Specialist?
Contracts Specialists can advance to senior-level positions within their organization, such as Contract Manager or Director of Contracts. With experience, they may also transition into roles in legal, compliance, or risk management.
What are the educational requirements for a Contracts Specialist?
A bachelor’s degree in business administration, law, or a related field is typically required for a Contracts Specialist position. Some organizations may also prefer candidates with a master’s degree or professional certification in contract management.
What is the job outlook for Contracts Specialists?
The job outlook for Contracts Specialists is expected to grow in the coming years due to the increasing complexity of business transactions and the need for organizations to manage risk effectively.
What are the salary expectations for a Contracts Specialist?
The salary expectations for a Contracts Specialist vary depending on experience, location, and industry. According to Salary.com, the average salary for a Contracts Specialist in the United States is around $75,000 per year.