About this job
The Contracts Specialist I is a member of the commercial transactions team within the Legal Department. In this role, the Contracts Specialist I reviews, drafts, and negotiates contracts to support the business, including technology contracts, products and services contracts, consulting contracts and other commercial contracts. The Contracts Specialist I analyzes contract provisions and partners with business leaders to protect CarMax interests and mitigate risk.
What you will do – Essential Responsibilities
- Prepare, review and manage contracts for the company to ensure they provide sufficient risk protection and comply with business requirements as well as corporate policy.
- Negotiate contracts within certain specified parameters, in partnership with lead commercial contract attorney.
- Assist real estate attorney with drafting and review of construction and real estate agreements.
- Partner with stakeholders throughout the business to prioritize matters appropriately and ensure all stakeholders are informed on the status of commercial contracts.
- Provide analysis and summary of contractual issues clearly and succinctly to a wide range of internal stakeholders, including Cybersecurity, Risk Management, Audit Services and Strategic Sourcing.
- Serve as point-of-contact to internal business clients for contracting needs and provide exceptional customer service.
- Resolve issues with a sense of urgency and remain available and responsive to internal business clients and teammates.
- Manage the commercial transactions email box and queue for new agreements.
- Assist with special projects, including cross-team projects, as needed.
Purpose of the role
To perform this job successfully, the candidate must have strong written and verbal communication skills to effectively communicate legal matters with internal business clients, supervisors, associates, and management. The candidate must be highly accountable for driving execution while maintaining strong attention to detail. Adherence to process execution is a must. While working with internal departments, the candidate should set performance expectations and appropriate timelines and be transparent in their communication. The candidate should have strong analytic and reasoning skills and be able to accurately assemble, organize, and present information to the business.
The role is in a fast-paced work environment requiring the ability to prioritize competing responsibilities appropriately, and to remain conscientious, self-motivated, calm under pressure, and readily adaptable to change. Building and maintaining strong relationships within the legal department and across the organization is critical to success in this role.
Qualifications and Requirements
- College degree required
- Minimum of 2 years of transactional, paralegal or comparable experience; experience with real estate and/or construction agreements preferred
- Moderate computer knowledge and intermediate understanding of MS Word and Excel
- Experience with iManage a plus
About CarMax
CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 200 locations nationwide.
Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.
Our Commitment to Diversity and Inclusion:
CarMax is committed to bringing together people from different backgrounds and perspectives, providing employees with a safe, welcoming, and inclusive work environment.
CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, gender expression, genetic information, national origin, protected veteran status, disability status, and any other characteristics protected by law.
Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.