Contract Manager at Tempus

Chicago, Illinois, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, BiotechnologyIndustries

Requirements

Bachelor’s degree in a related field (or equivalent work experience)
Strong understanding of contract principles, terms, and risk allocation
Excellent negotiation, communication, and interpersonal skills, including the ability to negotiate and communicate with clients in a way that supports the sales process
Highly organized with strong attention to detail
Proficient with contract management software and Microsoft Office (Word, Excel, PowerPoint)
Ability to manage multiple priorities and deadlines in a fast-paced environment
Impeccable judgment
A great teammate who is willing to join supportive and collaborative colleagues
Willingness to take on stretch projects as needs evolve
Preferred Qualifications
At least 3+ years of experience in contract management, procurement, vendor management, or related field
Experience with government contracts or regulated industries
Certification such as CCCM, CFCM, or CPCM (through NCMA)
Familiarity with compliance frameworks (GDPR, HIPAA, SOX, etc.)

Responsibilities

Review, draft, and manage a wide range of commercial agreements (e.g., service agreements, vendor contracts, licensing, nondisclosure agreements)
Negotiate contract terms that achieve business needs while managing risk in a manner appropriate given the opportunity
Maintain a contract repository, track key deadlines, and ensure compliance with contractual obligations
Collaborate with sales, procurement, operations, and finance teams to support deal review, pricing, and approvals
Develop and maintain standardized templates, playbooks, and processes for contract management
Monitor and report on contract performance, risks, and obligations
Support internal stakeholders by providing guidance on contract interpretation and best practices
Assist in continuous process improvement to make sure we’re responding to business needs quickly and spending our time and energy in a way that advances Tempus’ mission and business objectives

Skills

Key technologies and capabilities for this role

Contract DraftingContract NegotiationContract ManagementRisk ManagementCompliance TrackingStakeholder CollaborationTemplate DevelopmentContract RepositoryNDAVendor Contracts

Questions & Answers

Common questions about this position

Is a law degree required for the Contract Manager role?

No, this role does not require a law degree.

What are the required qualifications for this position?

Required qualifications include a Bachelor’s degree in a related field (or equivalent work experience), strong understanding of contract principles, excellent negotiation and communication skills, high organization with attention to detail, proficiency with contract management software and Microsoft Office, and the ability to manage priorities in a fast-paced environment.

What is the preferred experience level for the Contract Manager position?

At least 3+ years of experience in contract management or procurement is preferred.

What is the salary or compensation for this role?

This information is not specified in the job description.

What kind of team environment can I expect at Tempus?

The role involves working closely with supportive and collaborative colleagues, including attorneys, procurement, sales, finance, compliance, and operations teams.

Tempus

AI-driven healthcare data analysis platform

About Tempus

Tempus focuses on enhancing patient outcomes through the use of data and artificial intelligence in healthcare. The company offers a platform that analyzes medical data to provide insights for physicians, helping them make better treatment decisions. This platform also aids pharmaceutical and biotech companies in drug development by identifying new targets and assessing treatment effectiveness. For patients, Tempus identifies personalized therapy options, particularly in cancer care, where their research has shown increased opportunities for tailored treatments. They have developed a pan-cancer organoid platform and a liquid biopsy assay for profiling circulating tumor DNA. Tempus generates revenue by charging healthcare providers and companies for access to their platform and insights, setting them apart from competitors by their focus on personalized medicine and extensive cancer research.

Chicago, IllinoisHeadquarters

2015Year Founded

$894.9MTotal Funding

IPOCompany Stage

AI & Machine Learning, Biotechnology, HealthcareIndustries

1,001-5,000Employees

Benefits

Relocation Assistance

Company Equity

Performance Bonus

Risks

Competition from partners like Genialis may lead to conflicts of interest.

Ambry Genetics acquisition could pose financial risks if synergies aren't realized.

Technical challenges may arise in integration with Flatiron's OncoEMR platform.

Differentiation

Tempus uses AI to analyze clinical and molecular data for precision medicine.

Their platform aids in personalized treatment decisions for cancer patients.

Tempus collaborates with biotech firms to enhance drug development using real-world data.

Upsides

Increased AI adoption in healthcare boosts Tempus' partnerships and collaborations.

Acquisition of Ambry Genetics expands Tempus' genetic testing capabilities.

Integration with Flatiron's OncoEMR enhances precision in cancer treatment plans.

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