Director, Contract Management

JOB SUMMARY

The Director Contract Management is responsible for managing complex contracting needs for Marriotts Global Procurement Department. This role will be responsible for driving best-in-class legal and commercial terms for a high volume of complex transactions and projects while developing and maintaining effective working relationships with leaders clients and vendors. The Director drives adherence to and communication of Marriott policies and processes provides responses to external and internal audits serves to address contracting issues delivers effective communications at all levels (including to leadership) and leads cross-functional teams on projects and contracting efforts. As a key member of the Global Procurement team this individual will partner closely with corporate continent and the discipline to develop and execute procurement strategies enhance supplier governance and drive responsible sourcing and financial sustainability. The ideal candidate will possess expertise in contract management risk management and regulatory compliance. This individual must demonstrate exceptional contracting and negotiation skills and have a proven track record of managing a large volume of contracts simultaneously. This role offers the opportunity to drive and execute contracting strategies and support sourcing initiatives and contribute to the success of Marriotts 30 brands across 10000 hotels in 138 countries.

The global team has a presence in 9 offices worldwide (Eschborn London Dubai Cape Town Shanghai Singapore Mumbai Bethesda MD Plantation FL) and over 60 clusters representing 200 associates. This role will maximize Marriotts global purchasing power of $20B while supporting strategic supplier relationships.

CANDIDATE PROFILE

Education and Experience

Required
BA/BS
7 years of contract management experience. Deep technical knowledge of contract and risk management in the hospitality lodging or adjacent sectors. .

Preferred
Masters in Business Administration or Juris Doctor.
Proven ability to lead cross functional teams in a matrixed environment.

CORE WORK ACTIVITIES

Provides full life-cycle contract management for assigned contracts including contract creation review approval execution performance monitoring and renewal/termination.
Handles a high volume of complex contract negotiations leveraging best practices while maintaining a thorough knowledge of all aspects of contracts.
Drives negotiating strategy for assigned contracts to achieve best-in-class commercial and legal terms optimize savings and mitigate risks.
Accountable for contract interpretation identification of risk engagement of SMEs internal escalations (when appropriate) and ensuring that contracts incorporate requisite legal and business terms.
Proactively drives collaboration and engagement with cross-functional teams including Finance Legal Risk Management and Business Discipline Partners.
Facilitates timely problem resolution of contractual issues to minimize the impact of service disruptions on the organization.
Drives commercial outcomes by proactively leveraging data and analytics to track and manage his/her workflow.
Responsible for ensuring that executed contracts comply with both external laws/regulations and internal company standards and policies including those related to MIP-34.
Utilizes established controls to ensure suppliers adhere to negotiated terms and provisions; educate stakeholders on contractual levers aimed at reducing cost and minimizing risk.
Monitor contract performance by supplier including adherence to Service Levels and KPIs; negotiate and implement improvements to enhance performance.
Work collaboratively with cross-functional teams across the enterprise and within Global Procurement to achieve shared goals.

The salary range for this position is $125600 to $172500 annually. Marriott offers a bonus program comprehensive health care benefits 401(k) plan with up to 5% company match employee stock purchase plan at 15% discount accrued paid time off (including sick leave where applicable) life insurance group disability insurance travel discounts adoption assistance paid parental leave health savings account (except for positions based out of or performed in Hawaii) flexible spending accounts tuition assistance pre-tax commuter benefits other life and work wellness benefits and may include other incentives such as stock awards and deferred compensation plans. Benefits and incentive compensation may be subject to generally applicable eligibility waiting period contribution and other requirements and conditions.

The compensation and benefits information is provided as of the date of this posting. Marriott reserves the right to modify compensation and benefits at any time with or without notice subject to applicable law.

At Marriott International we are dedicated to being an equal opportunity employer welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and greatest strength lies in the rich blend of culture talent and experiences of our are committed to non-discrimination on any protected basis including disability veteran status or other basis protected by applicable law.