Assistant General Counsel, Contracts
Job in
Morristown, Morris County, New Jersey, 07960, USA
Listed on 2026-07-01
Listing for:
Valley National Bancorp
Contract
position Listed on 2026-07-01
Job specializations:
-
IT/Tech
Cybersecurity, Information Security & Data Protection
Job Description & How to Apply Below
Job Title
Responsibilities include but are not limited to:
- Contract Drafting, Negotiation & Advisory
- Draft, review, negotiate, and advise on a broad range of technology and commercial contracts, including:
- SaaS / Cloud Services Agreements (subscription models, service terms, SLAs, support, renewals).
- Software Licenses.
- Consulting & Professional Services Agreements (SOWs, change orders, milestone-based deliverables).
- Data Agreements (data sharing, data use restrictions, data processing terms, analytics, model training restrictions where applicable).
- Vendor/Partner Agreements involving integrations, APIs, implementation, and managed services.
- Provide pragmatic counsel on contract structure and key negotiation points, including scope, pricing, indemnities, limitations of liability, warranties, IP ownership, confidentiality, security obligations, and termination rights.
- Translate legal concepts into clear, actionable guidance for business partners and help drive deals to closure efficiently.
- Risk Management & Compliance Collaboration
- Partner with Privacy and Information Security teams to evaluate and negotiate contractual provisions regarding:
- Data protection and privacy requirements (e.g., handling of personal and sensitive data).
- Security controls, incident notification, audit rights, and vendor governance.
- Subprocessors/subcontractors, cross-border considerations, and data retention/destruction.
- Support third-party risk management processes by ensuring contracts align with internal policies and controls.
- Identify recurring legal risks and recommend playbooks, fallback positions, and process improvements.
- Process Improvement & Cross-Functional Enablement
- Develop and maintain contract templates, clause libraries, playbooks, and training materials for stakeholders.
- Drive improvements in contracting workflows, including partnership with procurement and CLM tools.
- Provide internal training for business clients on key contract terms, negotiation strategy, and risk awareness.
- Stakeholder Management & Leadership
- Serve as the primary legal point of contact for assigned business units and build trusted relationships with leaders and cross-functional teams.
- Manage outside counsel as needed for specialized matters, including cost control and quality oversight.
Required Skills:
- Business judgment & pragmatism: balances legal risk with operational needs and deal momentum.
- Negotiation strength: confidently negotiates complex deals with internal and external stakeholders.
- Ownership & responsiveness: drives matters to closure with excellent follow-through and prioritization.
- Collaboration:
strong cross-functional partner; solution-oriented and approachable. - Analytical rigor: identifies key issues quickly; escalates appropriately; proposes options.
Required Experience:
- Juris Doctor (JD) from an accredited law school and active bar membership in at least one U.S. jurisdiction (in good standing).
- 5--10 years of relevant legal experience with substantial focus on technology transactions and commercial contracting, gained in-house and/or at a law firm.
- Strong command of market contract positions and negotiation strategy on:
- Indemnification (IP, data/security, third-party claims).
- Limitation of liability (caps, carve-outs, exclusions).
- SLAs/service credits, uptime commitments, and remedies.
- IP rights and ownership of deliverables and custom developments.
- Security requirements, audit rights, and incident response obligations.
- Term/renewal, termination assistance, and transition services.
- Excellent writing, issue-spotting, and communication skills with the ability to influence stakeholders.
Preferred Experience:
- Prior experience in a regulated industry (financial services, healthcare, insurance, energy, etc.).
- Familiarity with privacy/security frameworks and contractual controls (e.g., vendor security exhibits, SOC reports, audit standards).
- Experience supporting procurement and vendor governance programs, including third-party risk management concepts.
- Comfort with technology and product concepts (APIs, integrations, hosting models, data flows, AI/ML provisions, etc.).
- Experience implementing or optimizing CLM systems, templates, or contracting playbooks.
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