Assistant General Counsel, Contracts Job Listing at Valley Bank in Morristown, NJ (Job ID 26-614)

Description

Responsibilities include but are not limited to:

• Contract Drafting, Negotiation & Advisory
  
  • Draft, review, negotiate, and advise on a broad range of technology and commercial contracts, including:
    
    • SaaS / Cloud Services Agreements (subscription models, service terms, SLAs, support, renewals).
    • Software Licenses.
    • Consulting & Professional Services Agreements (SOWs, change orders, milestone-based deliverables).
    • Data Agreements (data sharing, data use restrictions, data processing terms, analytics, model training restrictions where applicable).
    • Vendor/Partner Agreements involving integrations, APIs, implementation, and managed services.
  • Provide pragmatic counsel on contract structure and key negotiation points, including scope, pricing, indemnities, limitations of liability, warranties, IP ownership, confidentiality, security obligations, and termination rights.
  • Translate legal concepts into clear, actionable guidance for business partners and help drive deals to closure efficiently.
• Risk Management & Compliance Collaboration
  
  • Partner with Privacy and Information Security teams to evaluate and negotiate contractual provisions regarding:
    
    • Data protection and privacy requirements (e.g., handling of personal and sensitive data).
    • Security controls, incident notification, audit rights, and vendor governance.
    • Subprocessors/subcontractors, cross-border considerations, and data retention/destruction.
  • Support third-party risk management processes by ensuring contracts align with internal policies and controls.
  • Identify recurring legal risks and recommend playbooks, fallback positions, and process improvements.
• Process Improvement & Cross-Functional Enablement
  
  • Develop and maintain contract templates, clause libraries, playbooks, and training materials for stakeholders.
  • Drive improvements in contracting workflows, including partnership with procurement and CLM tools.
  • Provide internal training for business clients on key contract terms, negotiation strategy, and risk awareness.
• Stakeholder Management & Leadership
• Serve as the primary legal point of contact for assigned business units and build trusted relationships with leaders and cross-functional teams.
• Manage outside counsel as needed for specialized matters, including cost control and quality oversight.