Senior Contract Specialist, Government Contracts at Stryker

Philadelphia, Pennsylvania, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical Devices, HealthcareIndustries

Requirements

2+ years of work experience
Bachelor’s Degree
3+ years of work experience with contracts
Exceptional communication and relationship skills, and ability to convey complex contracting concepts clearly and concisely
Experience working with Government contracts

Responsibilities

Draft, edit, review, and negotiate complex agreements with minimal supervision, in a manner that manages business and legal risk while effectively supporting internal and external customers in a timely manner and fast-paced environment
Provide excellent, time-sensitive, solutions-oriented, strategic contracting support to sales colleagues across Stryker
Exhibit solid negotiation skills, including comfort in negotiating contract terms with customers
Build and maintain strong relationships with sales, finance, operations, and attorney stakeholders across the decentralized organization
Serve as a contracting and negotiating expert to other areas within the organization
Mentor less-experienced contracting professionals, including provision of subject matter expertise on complex contracting issues
Act as an onboarding partner and trainer for new team members
Exercise excellent judgment in identifying and escalating issues to management and/or for legal review in a timely manner
Maintain comprehensive knowledge of Stryker’s product lines, competitive environment and customers to better support functional initiatives and provide recommendations to internal stakeholders
Monitor and track status of contract-related matters and proactively provide updates to Legal Department team
Identify system or process improvements that increase efficiency, compliance, or reduce cost to the business
Serve as a liaison between Stryker business units and Legal and foster two-way communication of evolving business needs, challenges, and opportunities

Skills

Key technologies and capabilities for this role

Contract DraftingContract NegotiationRedline ReviewRisk MitigationGovernment ContractsStakeholder ManagementLegal ReviewCross-Functional CollaborationMentoring

Questions & Answers

Common questions about this position

Is this position remote?

Yes, the position offers remote work flexibility.

What experience is required for this role?

Candidates need 2+ years of work experience, a Bachelor’s Degree, and 3+ years of specific experience with contracts.

What key skills are needed for the Senior Contract Specialist position?

Exceptional communication and relationship skills are required, along with the ability to convey complex contracting concepts clearly.

What is the salary or compensation for this role?

This information is not specified in the job description.

What does the team environment look like at Stryker for this role?

The role involves working in a cross-functional team environment, building and maintaining strong relationships with sales, finance, operations, and attorney stakeholders across the decentralized organization, and mentoring less-experienced professionals.

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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