Contracts Specialist

4 weeks ago

Maidenhead, United Kingdom Labcorp Full time

As a leading contract research organization (CRO), Labcorp Drug Development provides comprehensive drug development solutions for a range of industries. Our services cover the preclinical, clinical and post-market phases of drug development, the product life cycles for medical device and diagnostics and development services paired with regulatory support for the chemical testing and crop protection industries.

Labcorp Drug Development is a global leader in nonclinical safety assessment, clinical trial testing and clinical trial management services. Our unique perspectives are based on decades of scientific, medical and regulatory expertise.

**Did you know?**

**Role Details**:
This is an **office-based** and **full-time **position. In this role, you will be **office-based in Maidenhead**.

**Your main responsibilities will include, but not be restricted to**:

- Responsible for adherence to standard operating procedures (SOPs)
- Perform the following, with mínimal guidance from line management: daily tracking, negotiation and approval of Site Agreements and Site Agreement templates (as applicable) for clinical study teams; timely updating of the departmental Site Agreement Management System (“SAMS”) or any other system required for use on a particular study
- Identify and escalate issues (as defined in departmental processes) that must be escalated to line manager for review
- Confirm quality of tasks delegated to and completed by Contracts Associate
- Manage assigned studies with careful compliance with internal processes and procedures, or otherwise according to specified Sponsor requirements
- Responsible for the timely updating of the departmental contract tracking system
- Performs contract administration functions including: assisting with obtaining approvals on authorization forms as required; maintaining a contract tracking system to report contract status updates and signing status; providing notice of all executed contracts to the appropriate team members along with contract values; and scanning and filing executed contracts in the shared electronic storage area in a timely manner for access by other staff members
- Support line manager with departmental goals, objectives and initiatives in a positive and flexible way
- Provides management with regular status updates on all open contracts and any outstanding issues
- Complies with and fulfils corporate requirements of the position including, inputting activities in Timesheets, conducting all required training and documenting training in training systems, and preparing and submitting any company expense reports for reimbursement in a timely manner
- Drafts, negotiates, reviews, and processes contracts in a commercially reasonably manner that protects Labcorp’s fundamental interests and in accordance with departmental practices and policies. Produces and negotiates contracts that accurately reflect Labcorp’s obligations or rights and understandings with third parties
- Negotiates contractual terms with other contracting parties in a professional manner
- Identifies potential obstacles in the contracting process promptly and requests assistance of line manager, project management staff, Business Development staff, Budgets & Proposals staff or higher management as necessary to minimize delays and to facilitate the prompt conclusion of contractual negotiations
- Works closely with appropriate staff to keep them informed of progress of agreements and to avoid any delays in execution
- Provides support to other Site Agreements staff and assists internal staff with contractual inquiries as required
- Facilitates the internal review/revision/sign off process on contracts prior to forwarding to external parties
- Coordinate and communicate with clinical study teams in a timely manner regarding contract details and timelines, as well as contract status reporting to ensure quick approval of templates and contracts
- Support line manager with departmental goals, objectives and initiatives in a positive and flexible way
- Support the department with the handling of more complex projects, studies and initiatives
- Assist in the development and ongoing improvement of departmental processes and procedures
- Assist in the training/mentoring of more junior staff
- Perform other duties as required by the department

**Education/Qualifications**:

- Bachelor’s degree (LLB, JD, BA or BS) preferred, university-level law degree preferred (UK/EU)
- Fluency in English

**Preferred Experience**:

- If you have university level law degree, you may be considered without previous contract negotiation experience
- If you do not have university level law degree, experience in contract negotiations, or an equivalent combination of education and experience will be required
- Contract negotiation experience in other fast-paced industries (telecommunications etc.) may be considered
- Experience in clinical research or pharma sector preferred

**Labcorp is proud to be an

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