Contract Administrator II
Job in
Trevose, Bensalem, Bucks County, Pennsylvania, 19020, USA
Listed on 2026-10-11
Listing for:
American Heritage Credit Union
Full Time
position Listed on 2026-10-11
Job specializations:
-
Business
Commercial & Corporate Law, Regulatory Compliance Specialist, Business Administration -
Law/Legal
Commercial & Corporate Law, Regulatory Compliance Specialist, Business Administration
Job Description & How to Apply Below
American Heritage Credit Union, a $5.3+ billion credit union, has an immediate opening for a Contract Administrator II.
As a Contract Administrator, you would be responsible for drafting, reviewing, negotiating, and managing commercial agreements throughout the full contract lifecycle, from intake through renewal. Ensures compliance with legal and policy requirements, serves as the primary liaison for internal and external contract matters, and supports risk mitigation, process improvement, and maintenance of an accurate, auditable contract repository. Collaborate with senior management and legal counsel to align contracts with the credit union's strategic and risk objectives.
ResponsibilitiesInclude
- Assist Risk Manager with maintaining a highly motivated, well-trained staff and providing input to evaluate job performance of staff in a timely manner to ensure quality of work and service to members and staff.
- Train and mentor new Vendor Risk Analyst staff in related workflows.
- Draft, review, and negotiate credit union contracts, agreements, disclosures, amendments, non-disclosure agreements (NDAs), and addenda to align with business requirements and compliance with applicable laws, regulations, and internal policies.
- Manage the end-to-end contract lifecycle: intake, drafting, redlining, approvals, signature, amendments, renewals, and closeout.
- Serve as the primary point of contact for contract issues between internal stakeholders (legal, procurement, finance, business units) and external parties (vendors, members, partners).
- Analyze contract language to identify risks, inconsistencies, or unfavorable terms and recommend revisions or negotiate alternative language with vendors in coordination with Legal and business owners.
- Ensure that any contract terms agreed to would do not adversely affect the credit union's safety and soundness, regardless of contract performance.
- Communicate contract terms and conditions to managers and other stakeholders, ensuring they understand obligations, risks, and critical milestones.
- Coordinate with legal counsel with appropriate expertise and experience, to review contracts and third-party arrangements to ensure equitable contracts and compliance with applicable state and federal laws and regulations.
- Support the procurement process by assisting with RFPs/RFIs/RFQs, tracking proposal responses, and helping evaluate vendor contract terms and pricing.
- Maintain a centralized contract repository, ensure complete, current copies of fully executed agreements, and track key dates such as renewals, expirations, and notice periods.
- Monitor contractual obligations, key dates, SLAs, and deliverables, escalating issues and driving remediation when terms are not met.
- Coordinate signature routing and execution for contracts, NDAs, and related documents and ensure timely return of fully executed copies to vendors and internal stakeholders.
- Collaborate with vendor management and business owners to ensure contracts address performance metrics, service levels, and regulatory or audit expectations for critical and high-risk vendors.
- Assist with ongoing monitoring by providing contract summaries, key term matrices, and reports of upcoming renewals or required renegotiations.
- Support compliance by confirming that contracts include required provisions related to information security, privacy, business continuity, regulatory access, and audit rights, and escalating issues as needed.
- Respond to internal inquiries about contract terms, coordinate resolution of contract-related issues or disputes with vendors, and document outcomes.
- Develop and maintain standardized contract templates, clause libraries, standard processes, and procedures to support efficient, consistent contract administration…
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