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Contracting Operations Specialist

Stripe

Bengaluru

On-site

Full-time

1mo ago

Benefits & Perks

•Development budget

•Health benefits

•Competitive salary and bonus

•401(k) matching

•Healthcare

Required Skills

Python

Excel

Salesforce

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Role details

Contracting Operations Specialist:

Contracting Operations Specialist

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

About Procurement

The Procurement team provides services to the businesses that are the backbone for Stripe. Stripe’s newly revamped broader Procurement organization consists of Third Party Risk, Strategic Sourcing, Supplier Deal Management, Procurement Enablement, A/P & T&E.

About Contracting Operations AKA. Supplier deal management (SDM)

To facilitate supplier deals with Strategic Sourcing and the business, we created a new Supplier Deal Management (SDM) team in 2022.

This instrumental function builds an efficient supplier contracting process, reduces friction for business leaders, works in partnership with TPRM & Legal to minimize risk, and increases the velocity at which Stripe can engage key suppliers.

SDM’s Mission: Drive agreements efficiently via appropriate channels, bringing structure to the overall contracting process in partnership with stakeholders while providing a customized and guided user experience and effectively managing value and risk for Stripe.

What you’ll do

We're looking for a Supplier Deal Management Specialist to join our growing team. This individual will help us improve the user experience by processing and reviewing supplier contracting requests according to the following steps: 1) Intake FAQ: Answer initial questions and educate DRIs on the overall risk assessment and supplier contracting process, 2) Contract Preparation: Conduct initial review of contractual 5) Keep a close eye on productivity and communication with DRIs using our zip procurement tool

The individual will also conduct ad hoc tasks relating to contracts as applicable - such as look ups, research for stakeholders and other procurement teams & systems reconciliation.

Responsibilities:

Engage internal stakeholders (e.g., Legal, Sourcing, Third Party Risk, and Stripe Buyers/Business leaders) to prepare and drive contracts efficiently through the various stages of Stripe’s third party engagements process
Partner with internal teams such as Finance, Legal, Security and Sourcing to improve the collaboration between contracting and other functions, reducing Stripe’s risk and improving visibility into our processes
Utilize templates and fall back positions
Manage pre-assigned engagements within our Contract Lifecycle Management system (Agiloft)
Be responsible for end-to-end contract lifecycle management
Ability to understand commercial and legal language commonly used within commercial contracts, demonstrable ease with contractual language,strong attention to detail.
Partner with respective business contacts to solve user inquiries related to contracting and if needed troubleshoot as well.
Analyze our processes and instigate changes to help scale our operations and improve user experience
Analyze internal data to drive operational performance and and pull reporting from Agiloft to drive improvements,
Work closely with other Stripe teams to assist with internal and external ad-hoc requests.
Be a part of building a brand-new team and operational culture for Stripe

Who you are

We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements

4-5 years of relevant experience on formulating and reviewing the end-to-end of contract lifecycle management with a degree in Law or relevant field.
Excellent communication and organizational skills, both written and verbal, with the ability to represent Stripe effectively by interfacing with and influencing experienced business leaders.
Excellent problem-solving skills and demonstrated ability to work independently, analyze problems and make complex investigatory decisions
^
Ability to earn trust quickly and drive value for a critical function involving multiple stakeholders with the ability to stand behind opinions with sound reasoning
An operationally focused mindset, with a laser focus on efficiency and continuous improvement
Meticulous attention to detail coupled with a rigorous decision making process
Strong knowledge of g Suite tools, MS-Office products and experience working with/analyzing contracts
Independently analyze and evaluate information from various data sources to determine a course of action
Demonstrated experience partnering with cross-functional stakeholders
Demonstrated history of taking on various types of challenging projects and producing results
Solution-oriented mindset with enthusiasm for establishing best practice
Self-disciplined, diligent, proactive and detail oriented

You will also likely have (not required):

Knowledge in the fintech industry

The ability to be flexible and comfortable with changing requirements

A builder's mindset and a willingness to question assumptions and conventional wisdom
A passion for creating new systems and solving problems via infrastructure and automation

In-office expectations

Office-assigned Stripes in most of our locations are currently expected to spend at least 50% of the time in a given month in their local office or with users. This expectation may vary depending on role, team and location. For example, Stripes in our Bucharest, Romania site have an 80% in-office expectation, and those in Stripe Delivery Center roles in Mexico City, Mexico and Bengaluru, India work 100% from the office. Also, some teams have greater in-office attendance requirements, to appropriately support our users and workflows, which the hiring manager will discuss. This approach helps strike a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility when possible.

Pay and benefits

Stripe does not yet include pay ranges in job postings in every country. Stripe strongly values pay transparency and is working toward pay transparency globally.

Office locations

Bengaluru

Team

Controllership

Job type

Full time

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We look forward to hearing from you

At Stripe, we're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description. Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Stripe, we welcome diverse perspectives and people who think rigorously and aren't afraid to challenge assumptions. Join us.

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