XPRIZE is hiring a
Contracts Compliance Associate

Summary

The Contracts Compliance Associate at XPRIZE will ensure the organization adheres to its contractual commitments and regulatory requirements. Key responsibilities include drafting and reviewing contracts, monitoring compliance, risk mitigation, documentation and reporting, communication and training, and providing exceptional customer service.

Responsibilities

• Draft and review a variety of contracts to ensure compliance with legal, regulatory, and internal requirements
• Translate existing contracts into standardized templates
• Manage version control to maintain contract integrity and traceability
• Analyze contract terms and conditions, identifying potential risks and non-compliance issues
• Collaborate with XPRIZE's Advancement and Prize Domain teams to address contractual ambiguities or concerns
• Work collaboratively with other departments, including Advancement, Finance, and the Prize Domains, to fulfill contractual terms
• Develop and implement systems to monitor contractual compliance along with compliance with relevant laws and regulations throughout the organization
• Conduct regular audits and assessments to evaluate compliance with contract terms
• Ensure that Prize Domain teams, Finance and Advancement are delivering on all contractual commitments through the life of the contract term
• Identify areas of non-compliance and recommend corrective actions to relevant stakeholders
• Identify non-compliance issues, develop corrective action plans, and implement solutions
• Maintain a repository of documentation, conduct audits, and provide reporting on contract performance and compliance
• Prepare reports (internal and external) and summaries highlighting compliance status, issues, and recommended actions
• Assist in the preparation of compliance-related documentation for audits and regulatory inspections
• Collaborate with cross-functional teams to guide compliance-related matters
• Conduct training sessions to educate employees on contract compliance and related policies
• Collaborating with internal teams to support contract-related inquiries and issues