Contracts and Compliance Manager Location: KENT, WA, United States Job Family : Program Management Job Type : Regular Posted : Nov 16, 2023 Job ID: 44613 Job Description is a global leader in commercial and military aircraft and aeroengine technology. With the addition of , the company collaborates with customers to enable engineering breakthroughs that lead to a better tomorrow. Are you ready to join an industry-leading global company that believes in empowering its employees? Are you prepared to use your inquisitive nature and strong work ethic to help our team solve the world's greatest engineering challenges? A career at Parker is rife with rewards and opportunities. But a career at Parker is not for everyone. Finding success at Parker requires dedication and an insatiable desire to win. We seek very smart people who also have the equally impressive characteristic of humility. We solve our customer's challenges as teams, working together to ask the questions that have never been asked before. Parker understands that solving the world's greatest engineering challenges requires an inquisitive and intelligent workforce, and we invest in our employees to ensure they are the best in the industry. Our global success relies on empowered employees operating in an environment that breeds ideas and solutions, and we take every possible action to ensure this happens. Contracts and Compliance Manager This individual works cross-functionally with all areas including marketing, finance, business development, supply chain, engineering, facilities and manufacturing to review, draft, and negotiate customer and supplier contracts which meet company and legal requirements. This includes identifying, assessing and assisting in risk management, developing strategy for contracts/agreements and negotiations, preparing and maintaining contractual documentation, analyzing contractual terms and conditions, developing and coordinating company position, advising management of contractual rights and obligations. This individual also maintains records and approvals relating to government and commercial quote responses, government and commercial contract and pricing negotiations, and related contract compliance. Contracts and Compliance Manager is also responsible for specialized compliance efforts for the company as they relate to complex analytic regulatory requirements and programs. Conducts detailed analysis of existing/proposed regulation and industry practices, and develops & implements processes to meet these requirements. Functions and Responsibilities * Manages and is accountable for the performance of assigned contracts and programs. Develops negotiation strategy. Leads both complex and routine negotiations and ensures coordination within and across internal teams. May lead multi-divisional contract negotiations. * Provides knowledge of division systems, products, and services and understanding of division goals and strategies in developing contracts and supporting proposals. Leads the Division contracts function by effectively implementing and following through on strategic initiatives. * Develops and administers processes for efficiently managing routine agreements, such as non-disclosure agreements and supply agreements, for the division. * Leads team in performing analysis, interpretation, investigation, and research of complex contractual information. Advises team and leadership on contract interpretation and in developing solutions and formal recommendations. * Evaluates the company's contractual risk in terms of cost exposure (e.g. compensation of damages/costs associated with performance); establishes review processes to mitigate risk during contract performance. Manages contractual change control process (e.g. in accordance with the program management change control pro