Note: The job is a remote job and is open to candidates in USA. Solventum is a healthcare company that develops solutions at the intersection of health, material, and data science. The Contract Analyst will review, draft, negotiate, and manage contracts while identifying risks, ensuring compliance, and supporting cross-functional stakeholders throughout the contract lifecycle.
Responsibilities
- Reviewing and analyzing contracts (proposals, agreements, amendments) to ensure compliance with applicable laws, internal policies, and business objectives
- Identifying risks, liabilities, and unfavorable terms; recommending revisions and mitigation strategies to protect Solventum
- Drafting, revising, and maintaining contract documents (new agreements, renewals, amendments) with accuracy, clarity, and version control
- Negotiating key terms including scope, deliverables, payment structures, and commercial conditions to achieve favorable, compliant outcomes
- Partnering cross-functionally (Legal, Finance, Procurement, Project/Business teams) to interpret requirements, clarify obligations, and drive practical, cost-effective execution
- Ensuring contract compliance through periodic audits, reviews, and process checks; escalating issues and improvement opportunities as needed
- Managing contract lifecycle administration, including tracking key dates (renewals, expirations), supporting extensions/terminations, and resolving contract-related execution issues
- Staying current on relevant laws, regulations, and industry standards; updating templates and processes and supporting contract management best practices across the business
Skills
- Bachelor's degree in Business Administration, Finance, Law, or related field (completed and verified prior to start) from an accredited institution AND (4) four years of experience in a contract analyst, contract administration, or contract management role in a private, public, government or military environment
- High School Diploma/GED AND (8) eight years of experience in contract analyst, contract administration, or contract management role in a private, public, government or military environment
- Working knowledge of contract law, legal terminology, and compliance requirements; ability to interpret complex contract language accurately
- Proven negotiation and stakeholder management skills with the ability to communicate contract concepts to non-legal audiences
- Strong organization and time management skills with the ability to manage multiple contracts and deadlines in a fast-paced environment
- Travel: up to 10 % [International/Domestic]
- Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status)
- Advanced degree (e.g., MBA or Juris Doctor)
- Proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook) and comfort working in contract lifecycle management (CLM) tools or similar systems
- Strong analytical and critical-thinking skills to evaluate contractual risk and business impact
- Contract management certification (e.g., CCCM or other NCMA certification)
- Experience supporting contracts in regulated and/or complex industries (e.g., healthcare, technology, government, or similar)
- Experience improving contracting processes, templates, and workflows (continuous improvement mindset)
Benefits
- Remote work arrangement in the United States
- Variable incentive pay, if eligible
- Medical benefits
- Dental benefits
- Vision benefits
- Health Savings Accounts
- Health Care and Dependent Care Flexible Spending Accounts
- Disability Benefits
- Life Insurance
- Voluntary Benefits
- Paid Absences
- Retirement Benefits
Company Overview