Opportunity for a Contracts & Compliance Specialist to negotiate and manage commercial contracts including confidentiality, development, channel partner, supply and purchasing agreements on a global basis. They will negotiate new and amended agreements with customers and vendors, ensuring conformance with company policies while maintaining a high level of accuracy and responsiveness.

Responsible for all compliance matters relating to the Altra Code of Business Conduct and Ethics Policy and global responsibility for the Altra Anti-Corruption and Channel Partner policies and procedures. This role reports into the Chief Financial Officer. It can be remote or hybrid onsite in West Chester, PA.

What You’ll Do

Contracts

• Act as the focal point with third parties on contractual issues and legal issues.
• Support the commercial team in drafting contract terms, and redlining customer terms.
• Educating business team on fundamentals of business contracts including but not limited to protecting Portescap’s confidential information, obligations we undertake in protecting customer or supplier confidential information, and Portescap’s standard terms and conditions of sale.
• Work with internal legal counsel on a regular basis for legal support.
• Lead the negotiation of commercial terms and conditions for new and/or changed contracts with customers and suppliers.
• Responsible for administration and management of contracts through contracts standard work and for maintaining and updating records at the Portescap level (SharePoint) and Altra level (iContract).
• Review final agreement and/or contract document(s) for compliance with company policies and signing authority matrix prior to execution by company executive management.
• Prepare internal documentation and memos required by company procedures prior to execution of final contract documents.
• Prepare internal status and other periodic or as required reports to keep company management informed of contractual and legal issues.
• Provide feedback to management regarding possible problems or areas of improvement and make recommendations to implement improved processes.
• Manage contracts through full contract life cycle.

Compliance

• Advise and adhere to risk-management policies.
• Responsible for compliance monitoring and helping to enforce regulatory compliance efforts at state, federal, and international levels.
• Analyze new law, regulation, and contract trends for potential impact on business.
• Oversight of channel partner due diligence process including but not limited to automated screening, clearing red flags, and working with corporate legal team to draft appropriate channel partner agreements.
• Monitor and oversee compliance of Altra Compliance Policies and Procedures.
• Educate associates on existing and new Altra Compliance Programs.
• Work with in-house counsel for any disputes, litigation, or threats of litigation with customers or suppliers.
• Willingness to attend professional seminars on corporate compliance, trade regulation and contract management on a quarterly basis.

Job Requirements: