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Director- Commercial Contracts and Legal AI

Job in Lincoln, Lancaster County, Nebraska, 68511, USA
Listing for: Nelnet Servicing
Contract position
Listed on 2026-02-16
Job specializations:
  • IT/Tech
    Cybersecurity, IT Business Analyst
Salary/Wage Range or Industry Benchmark: 160000 - 180000 USD Yearly USD 160000.00 180000.00 YEAR
Job Description & How to Apply Below

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.

Role Summary

The Director of Commercial Contracts and Legal AI leads the management of the Company’s contracts and development and execution of the Legal Department’s AI strategy, aligning with enterprise-wide digital transformation goals. This role is responsible for contract drafting, review, negotiation, risk analysis, managing the creation, storage and retention of the Company’s contracts, implementing AI tools to enhance legal workflows, and supervising junior attorneys and contract managers.

Responsibilities
  • Lead initiatives to modernize and standardize client and vendor contract templates across business segments.
  • Collaborate with cross-functional stakeholders (Procurement, Compliance, IT, Business Units) to align contract terms with enterprise risk posture and operational needs.
  • Support post-M&A integration efforts by harmonizing contract templates, processes, and systems.
  • Provide legal guidance on complex commercial transactions, including SaaS, licensing, data privacy, and technology procurement agreements.
  • Monitor legal and regulatory developments related to AI, data use, and commercial contracting, advising internal stakeholders and reviewing and negotiating contracts with AI provisions.
  • Contribute to Legal’s knowledge management efforts by developing playbooks, clause libraries, and training materials.
  • Lead the development and execution of Legal’s AI strategy, ensuring alignment with enterprise-wide digital transformation goals.
  • Identify, evaluate, and implement AI tools that enhance legal workflows, including contract review, negotiation, and risk analysis.
  • Serve as Legal’s primary liaison to enterprise AI governance and innovation teams, ensuring compliance and collaboration.
  • Manage and mentor the Nelnet Business Services contracts management team, fostering a high-performance culture focused on innovation, accountability, and continuous improvement.
  • Evaluate, select, and implement enterprise contract management software that will manage the organization’s contracts and interface with sales management systems.
  • Oversee the deployment of AI and automation tools within the Legal team to streamline intake, triage, drafting, and approval processes.
  • Supervise junior attorneys and legal professionals supporting vendor and commercial contracts, ensuring quality, consistency, and timely delivery.
  • Define and track OKRs to measure the success of the Company’s contracting processes and the impact of AI tools and process improvements on legal service delivery.
  • Champion a data-driven approach to legal operations, using insights to inform resourcing, budgeting, strategic planning.
Qualifications
  • Law degree and admission to bar.
  • 5+ years of experience as a commercial contracts attorney with a strong technology-forward mindset and experience implementing and managing large-scale contract management systems.
  • Demonstrated expertise in integrating AI tools into legal or operational workflows.
  • Proven leadership experience managing legal teams or contract operations.
  • Strong communication, collaboration, and strategic thinking skills.
  • Experience with contract standardization, automation, and enterprise legal operations.
Compensation

Base pay of $160,000 to $180,000 + bonus, depending on experience.

Benefits

Medical, dental, vision, HSA and FSA, generous earned time off, 401(k), student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program.

Equal Opportunity Statement

Nel…

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