Contract Specialist; Legal​/Divestiture

Contract Specialist (Legal Support / Divestiture Support)

Our client, a Global Fortune 50 organization and one of world’s largest distributors of Healthcare systems, Medical supplies & Pharmaceutical products, seeks an accomplished Contract Specialist (Legal Support / Divestiture Support).

*** Candidate must be authorized to work in USA without requiring sponsorship ***

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*** Duration: 6-month contract w/ possibility of extension or conversion to FTE role

• Work Schedule : M-F business hours - work schedule is 40
  
  Hrs/week, 5days a week – standard working hours.
• Must be within close proximity to Richmond VA. Occasional travel may be required for team meetings or legal/vendor engagements.
• Contracting experience is a must – minimum 5 years.

About the Role:

• We are seeking a highly organized and detail-oriented Contract Specialist to support a contract separation and transition initiative involving the divestiture of a business unit from the parent company. This role will work closely with procurement, legal, and business stakeholders to analyze current contracts, support separation planning, assist with contract reviews, and maintain an accurate, up-to-date contract repository.
• The ideal candidate has experience with contract analysis, contract review, and contract lifecycle management tools. This is a critical supporting role in ensuring a clean, compliant, and efficient separation of supplier relationships and agreements.

Job Responsibilities:

• Review a wide range of complex commercial contracts to identify key terms relevant to a divestiture, including assignment rights, change of control provisions, and notice obligations.
• Summarize findings and input key data points into a tracking chart or database.
• Flag agreements that may require further legal or business escalation.
• Support the execution phase by helping to coordinate Day 1 readiness, which may include assisting with agreement execution, contract assignment, vendor outreach, and sending formal notices.
• Collaborate closely with legal counsel, sourcing and procurement, and business stakeholders as needed.

Required Skills:

Contract Review & Analysis:

o Review existing supplier contracts to determine separation complexity (e.g., exclusivity, assignability, bundled terms, renewal clauses).

o Collaborate with sourcing and legal teams to provide detailed summaries of contract terms and risks.

o Support redlining and drafting of contractual amendments or new agreements as needed.

Legal Support & Coordination

o Assist in managing legal workflows for contract updates, notifications, assignments, or terminations.

o Coordinate with internal Legal Counsel to align contract changes with company policies and divestiture requirements.

o Manage version control and ensure accurate execution and filing of all contract documents.

Contract Repository & Documentation

o Maintain a centralized and well-organized repository of in-scope contracts, categorizing by business unit, vendor, and separation status.

o Ensure that all contracts are properly tagged, searchable, and easily accessible to stakeholders.

o Help maintain audit-ready documentation throughout the project lifecycle.

Required

Qualification:

• 5+ years of experience in contract management, legal operations, procurement support, or related roles.
• Strong understanding of contract terms, legal language, and common procurement clauses.
• Experience supporting M&A, divestitures, or contract separation initiatives is preferred.
• Comfortable working with sourcing and legal teams to bridge legal and operational contract needs.
• Experience with CLM tools (e.g., Docu Sign CLM, Ironclad, SAP Ariba, etc.) and document management systems.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities.
• Bachelor’s degree required; paralegal certification or legal coursework is a plus.

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I’d love to talk to you if you think this position is right up your alley, and assure prompt communication, whichever direction. If you’re looking for rewarding employment and a company that puts its employees…