Contract/Vendor Data Analyst

Contract/Vendor Data Analyst Overview

• The Contract/Vendor Data Analyst will support procurement initiatives to enhance vendor contract records' accuracy and reliability.
• This role involves reviewing vendor agreements, validating contractual information, and updating systems with verified data.
• Collaborate with internal Vendor Owners to confirm ownership, services, and contract status while resolving discrepancies.
• Maintain an audit trail of corrections and unresolved items, ensuring compliance with internal requirements.
• Utilize AI tools and Microsoft Excel for efficient data reconciliation and contract validation.
• Work onsite in a dynamic environment, contributing to system migration and data remediation efforts.
• Opportunity to gain experience with Workday implementation, enhancing professional development.
• Ideal for candidates with strong organizational skills and attention to detail in contract administration.

Contract/Vendor Data Analyst Key Responsibilities & Duties

• Review and analyze vendor agreements, amendments, and related documents to identify governing terms and conditions.
• Validate key contract data, including effective dates, renewal terms, and termination provisions.
• Reconcile records by comparing source documents with system entries to ensure accuracy and completeness.
• Conduct outreach to Vendor Owners to confirm business ownership, services, and missing documentation.
• Update vendor-management systems with verified data, adhering to approved procedures and definitions.
• Maintain supporting evidence for contractual fields and document confirmations for audit purposes.
• Flag exceptions and escalate unresolved issues to Procurement or Legal teams for review.
• Provide regular progress updates, identify recurring data-quality issues, and protect confidential information.

Contract/Vendor Data Analyst Job Requirements

• Minimum of 2 years of experience in contract administration, procurement operations, or vendor management.
• Ability to read and extract key terms from commercial agreements accurately.
• Proficiency in Microsoft Excel and familiarity with document repositories and business systems.
• Strong organizational skills and attention to detail in managing review queues and deadlines.
• Experience in banking, financial services, or regulated environments is preferred.
• Familiarity with contract lifecycle management platforms or vendor-management systems is advantageous.
• Bachelor’s degree in business, supply chain, finance, or legal studies is preferred.
• Sound judgment in handling confidential information and escalating issues appropriately.