Becton, Dickinson and Company

Contract Negotiation Specialist

Posted on: 15 Mar 2021

Sparks, MD

Job Description

Job Description Summary

Job Description

Be part of something bigger!

BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. We have over 65,000 employees and a presence in virtually every country around the world to address some of the most challenging global health issues!

Integrated Diagnostics Solutions

By aligning and simplifying our work, our Integrated Diagnostic Solutions (IDS) business unit aims to drive growth and innovation around everything from integrated specimen management to diagnostic solutions.

About the role:

As a Contract Negotiation Specialist you will be responsible for to facilitate the Capital Contracting Lifecycle aspects of BDs Diagnostic Systems (DS) regional based US business. As a member of the IDS Capital Contracting Team, this role will support a new contracting capability within Sales Support which will implement best practice contract development and associated policies aligned with the US sales strategy; and is part of the team that handles the contract offer development aspects of Terms and Conditions, Information security agreements, Master Agreements, Reagent Rental Contracts, Purchase and Service Coverage Contracts, Bids, and other supporting documentation.

Key responsibilities will include:

* Perform critical tasks of analyzing and summarizing important technical, operational, legal, financial, risk management and administrative concerns for non-lawyers, supporting business strategy, RFP submissions, contract drafting and negotiation, maintaining stellar detail orientation in all verbal and written communications.
* Seek appropriate guidance and involvement from team and other functional groups toward development and continuous improvement of contract templates evolving with the industry, including Customer Service, Platform Management and Marketing teams, Regulatory, Law Group, Risk Management, Accounting and Contracts Management, facilitating appropriate communication and reporting;
* Review and draft non-standard terms, performing initial analysis and issue spotting, engaging Customer Service team, Contracts Manager, Law Group and other subject matter experts, communicating issues and concerns with precision in order to enable timely and informed stakeholder decisions, tracking and documentation of approvals in accordance with BD policy;
* Continually demonstrate a high level of motivation and team purpose, maintaining high quality work product standards and accountability, quick comprehension, fact finding and research skills while vetting voluminous, sophisticated documentation;
* Champion team commitment to timely, high quality deliverables and continuous improvement, including professional, positive, productive and collaborative communication, respect for policies, SOPs and business processes clarifying BD objectives, respect for precedent and contract integrity principles supporting standardization, efficiency and consistency between internal partners and customer agreements and accountability regarding project timing and deliverables;
* Act as a negotiator directly with customers when negotiating standard contract terms, Work directly with Sales, Legal, Service, Marketing and other SMEs to balance customer requirements while protecting BDs interests and mitigating risk.
* Provide guidance and influence to the organization as it relates to appropriately structure and negotiate contractual provisions and commitments on behalf of BD.
* Help administer, and carry out policies, procedures, and processes to harmonize contract negotiation and general provisions, with appropriate flexibility to meet customer/market needs and dynamics. Ensure that risk is mitigated and regulations are appropriately addressed consistently across all business offerings
* Cultivate a positive work climate that champions collaboration, innovation, and alignment with BD Values

About you:

You will have a proven understanding of contract law and diverse healthcare organizational structures, with the ability to understand, frame and resolve complex, interdependent business and legal issues arising in the preparation, review and negotiation of med tech agreements. Effectiveness will require an understanding of product lines, instrumentation, reagents, software, and services in the US marketplace, implementation and support processes related to regulated medical devices and supporting software systems, and the ability to continually handle complex fact patterns in the healthcare arena, engaging subject matter experts and providing analyses enabling informed stakeholder decisions.

Education and experience required:

* A J.D is strongly preferred. Bachelors in Paralegal Studies is a minimum requirement for the position.
* At least 3 years post-bar admission experience, including contract review, drafting and negotiation of commercial contracts is required. (Legal professionals who opted not to take the bar will be considered if experience reflects strong working knowledge of corporate and contract law, commercial transactions, and healthcare information security).
* A minimum of 3 years of proven ability negotiating terms and conditions of commercial contracts
* Deep understanding of capital contract management, including contract strategy development, negotiations, general terms with Medical Device Capital and Consumables products and services, legal, risk and business implications of contract language
* Demonstrated customer centricity skills and consistent expectations across team, able to negotiate and adapt to customer needs while maintaining protection of BDs interests
* Validated ability to quickly establish credibility, trust, and support within all levels of organization
* Self-starter, minimal direction in performing assigned tasks and ability to act with speed, agility and accountability to drive desirable outcomes.
* Ability to partner with key Sales, Finance, Legal Counsel and other Sales Support Leaders to develop contract offerings representing complex concepts and defining the business value of solutions in a clear, understandable way.
* Must be able to work independently, multitask and prioritize workload in order to meet demanding deadlines including flexible work hours.

Why join us?

A career at BD means being part of a team that values your opinions and contributions and that empowers you to bring your authentic self to work. Here our associates can fulfill their lifes purpose through the work that they do every day. You will learn and work alongside inspirational leaders and colleagues who are equally passionate and committed to fostering an inclusive, growth-centered, and rewarding culture. Our Total Rewards program which includes competitive pay, benefits, continuous learning, recognition, career growth, and life balance components is designed to support the varying needs of our diverse and global associates.

To learn more about BD visit https://jobs.bd.com/

Becton, Dickinson and Company is an Equal Opportunity/Affirmative Action Employer. We do not unlawfully discriminate on the basis of race, color, religion, age, sex, creed, national origin, ancestry, citizenship status, marital or domestic or civil union status, familial status, affectional or sexual orientation, gender identity or expression, genetics, disability, military eligibility or veteran status, or any other protected status.

LI-PRO

Primary Work Location

USA MD - Sparks - 39 Loveton Circle

Additional Locations

Work Shift

Becton, Dickinson and Company

Franklin Lakes, NJ

Becton, Dickinson and Company develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The company’s BD Medical segment offers peripheral IV and advanced peripheral catheters, central lines, acute dialysis catheters, vascular care and preparation products, needle-free IV connectors and extensions sets, IV fluids, closed-system drug transfer devices, hazardous drug detection, hypodermic syringes and needles, anesthesia needles and trays, enteral syringes, sharps disposal systems; infusion pumps and dedicated disposables, medication compounding workflow systems, automated medication dispensing, automated supply management systems, medication inventory optimization and tracking systems; syringes, pen needles, and other products for diabetes care; and prefillable drug delivery systems.

Its BD Life Sciences segment provides specimen and blood collection products and systems; automated blood and tuberculosis culturing, molecular testing, microorganism identification and drug susceptibility, and liquid-based cytology systems, as well as rapid diagnostic assays, microbiology laboratory automation products, and plated media products; and fluorescence-activated cell sorters and analyzers, monoclonal antibodies and kits, reagent systems, bench-side solutions, and molecular indexing and next-generation sequencing sample preparation products, as well as clinical oncology, immunological, and transplantation diagnostic/monitoring reagents and analyzers.

The company’s BD Interventional segment offers hernia and soft tissue repair, biological and bioresorbable grafts, biosurgery, and other surgical products; surgical infection prevention, thoracic and abdominal drainage, and surgical and laparoscopic instrumentation products; peripheral intervention products; and urology and critical care products. Becton, Dickinson and Company was founded in 1897 and is based in Franklin Lakes, New Jersey.