Senior Contract Analyst

Senior Contract Analyst – Overview

First Merchants Bank seeks a Senior Contract Analyst to assist the Director, Corporate Contract and Procurement in administration, oversight, and delivery of legal services related to Corporate Contract Management.

• Serve as primary legal resource for vendor contract reviews.
• Represent or act as the delegate of the General Counsel in contract negotiations, contract management, and contract compliance for the Bank and the Corporation.
• Coordinate further review with General Counsel for the defined subset of contracts as set in policy.
• Advise, train, and educate the Corporate Procurement team on matters related to contract reviews.
• Initiate and maintain contract review documentation.
• Investigate and follow through on contract issues.
• Advise and interpret contract requirements, obligations, and risks.
• Confer with management on amendments and settlements.
• Create and communicate concise and consistent contract provisions.
• Drafter, review, analyze, redline, and negotiate a wide range of contracts and agreements to attain achievable risk levels.
• Identify and assess risk and communicate effectively with internal team members, business partners, and counsel.
• Negotiate contract terms, payment structure, and reimbursement.
• Compare counterpart contract terms with legal requirements and policies.
• Participate in management committee meetings as requested.
• Perform administrative duties related to third‑party risk management (TPRM).
• Assist in oversight of periodic assessments of third parties.
• Provide training and assistance to vendor managers and point persons responsible for meeting TPRM requirements.
• Analyze problems by reviewing information obtained.
• Participate in maintenance of the Third Party inventory.
• Perform onboarding, classification, ongoing maintenance, assessment activities and other data updates.
• Prepare periodic reports.
• Escalate concerns to the Director, Corporate Contract and Procurement.
• Assist in preparing for third‑party risk management audits and exams.
• Enable and cooperate with departments such as legal, operations, credit, and accounting; manage multiple projects in a fast‑paced team environment; exercise judgment and work under pressure; persuade parties fairly of the company's position.

• Undergraduate and law school degrees.
• Minimum of six (6) years of progressively increasing responsibility in a corporate legal environment or private practice.
• Admission to the Indiana Bar.

• Base Pay and Bonuses.
• Medical, Dental and Vision Insurance.
• 401(k) plan.
• Health Savings and Flexible Spending Accounts.
• Vacation and Sick Time.
• Paid Holidays.
• Paid Parental Leave.
• Tuition Reimbursement.
• Additional Benefits.

Equal Opportunity Employer. Protected Veterans. Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, review the Know Your Rights notice from the Department of Labor.