Contract Lifecycle Management, Global Procurement Sr Consultant

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.  

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Description:

The Sr Consultant for Contract Lifecycle Management (CLM) plays a critical role in advancing procurement contract governance, operational excellence, and data-driven insights across the Procurement Center of Excellence. The role supports end-to-end CLM activities, including contract metadata governance, compliance monitoring, reporting, audit response management, continuous process improvement. The Senior Consultant also ensures contract processes, data, and controls align with enterprise risk, regulatory, and strategic objectives while enabling scalable and efficient procurement operations.

Key Responsibilities:

• Manage the end-to-end contract lifecycle processes within the CLM platform, including contract creation, approvals, execution, amendments, renewals, and terminations.
• Ensure adherence to enterprise contract governance standards, templates, approval frameworks, and audit requirements.
• Serve as a primary point of contact for contract‑related audit requests, including internal audits, regulatory reviews, and risk assessments.
• Lead contract administration activities including execution tracking, document completeness validation, version control, and lifecycle status management.
• Maintain accuracy and completeness of contract metadata, including terms, renewals, expiration, legal entities, ownership, pricing, and obligations.
• Lead remediation initiatives for legacy and migrated contract records to improve repository integrity and governance maturity.
• Monitor contract compliance with regulatory, risk, and data protection requirements.
• Develop and maintain dashboards and reporting solutions providing visibility into contract cycle times, renewals, obligations, risk indicators, and contract value.
• Leverage Contract Intelligence (AI) and advanced capabilities to enhance contract visibility and metadata enrichment.
• Partner with internal and external partners on enhancements, integrations, and controlled rollout of new capabilities.
• Serve as a trusted advisor to stakeholders on complex contract workflows, governance considerations, and risk scenarios.
• Support change management, training, and user enablement during CLM transformation initiatives.
• Identify process efficiencies and automation opportunities to improve contract throughput and procurement productivity.

Knowledge :

• Strong knowledge of Contract Lifecycle Management and contract administration
• Working knowledge of Coupa CLM and Contract Lifecycle Management Advanced (CLMA) or related tools
• Knowledge of contract governance, compliance controls, and regulatory frameworks
• Experience with contract metadata governance and data quality management
• Strong analytical and reporting skills, including dashboard development
• Effective stakeholder communication and influence skills
• Ability to drive to execution
• Applies knowledge of key business drivers and the factors that maximize department performance

Experience :

• Bachelor’s degree required (Business, Supply Chain, Finance, Legal Studies, Information Systems, or related field preferred)
• 4–7 years of experience in Contract Lifecycle Management, Procurement Operations, or Source-to-Pay environments
• Hands-on experience with CLM platforms (Coupa CLMA or equivalent preferred)
• Experience supporting contract governance, compliance monitoring, and audit activities
• Preferred exposure to AI-enabled contract analytics or advanced CLM capabilities

Salary Range:

$90,820 - 154,280 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us: 

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater 

Reasonable accommodation

  

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

 
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.