Procurement Services Negotiator​/Senior Contract Analyst

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.

Responsible for the vendor contracting process including contract negotiating, drafting, review and risk analysis of contract terms and conditions. Ensures vendor contracts are in compliance with applicable state and federal law, rules and regulations as well as U.S. Bank policies. Supports Business Line and Corporate Procurement assigned initiatives by drafting and negotiating the contract terms and conditions as well as advising business lines on risk decisions related to the contract.

Job scope and complexity of assignments are broad and very complex. Requires the ability to improvise and respond to contractual language questions, provide creative solutions to resolve conflict with vendors, effectively balance working on multiple projects at one time while successfully meeting tight deadlines.

The Procurement Business Line is seeking a strategic and execution-focused Contract Services professional responsible for leading contract negotiation, third-party risk alignment, and end-to-end contract lifecycle management.

This role operates across the organization to negotiate contracts, mitigate risk, and deliver business outcomes, while overseeing Contract Services workflows and ensuring efficient, high-quality delivery across engagements. The individual partners closely with Business Lines and Third-Party Vendors and facilitates contract reviews through key stakeholders including Procurement, Risk, Legal, and Finance.

This position serves as a trusted advisor to business and procurement leadership, providing guidance on contractual, sourcing, and risk matters while ensuring adherence to internal policies, regulatory expectations, and procurement best practices.

Job Functions:

Contracting and Negotiation

• Lead and manage contract negotiations, including ownership of redline review and resolution

• Analyze contractual terms to identify, elevate, and remediate risk issues

• Oversee the full contract lifecycle, including: drafting, negotiation, approvals, execution, repository, and ongoing management

• Ensure contracts are accurately maintained and governed within the enterprise contract management systems

Procurement and Risk Alignment

• Partner with Procurement Sourcing teams to support sourcing strategies and commercial terms within contracts

• Collaborate with Risk, Legal, and Compliance to ensure appropriate controls and contractual protections

• Ensure alignment with procurement policies, procedures, and leading practices

• Support audits, quality assurance, and ongoing process and policy improvements

Business Partnership and Advisory

• Serve as the primary point of contact for assigned business units and vendor engagements

• Provide procurement and contract advisory support to internal stakeholders

• Build and maintain strong relationships across business lines, sourcing teams, and third-party vendors

• Identify opportunities to drive enterprise contract leverage and improve internal customer engagement

Operations and Process Management

• Manage and coordinate contract workflows across multiple engagements and stakeholders

• Drive process optimization, quality assurance, and operational efficiency

• Support and coordinate updates to contract lifecycle management (CLM) tools and systems

• Balance workload and priorities to ensure timely delivery and effective resource utilization

Preferred Qualifications

• JD or relevant professional certification

• Strong experience in contract negotiation and procurement practices

• Third-Party Risk Management (TPRM) experience

• Knowledge of contract lifecycle management (CLM) tools and sourcing processes

Preferred Skills & Experience

• Strong analytical, problem-solving, and…