Outsourcing Analyst

Summary

Join Madrigal Pharmaceuticals as an Outsourcing Analyst and play a key role in managing vendor and site contracting for clinical trials. You will be responsible for the entire RFP process, contract negotiation, budget management, and ensuring compliance. This remote position requires a Bachelor's degree and 3+ years of relevant experience in managing multiple vendors for clinical trials. Strong analytical, problem-solving, and communication skills are essential. The role offers a competitive base salary, bonus, equity, and comprehensive benefits, including flexible PTO, medical, dental, vision, and life and disability insurance.

Requirements

• Bachelor's degree
• 3+ years of related experience
• Capability of managing multiple vendors for multiple clinical trials simultaneously
• Must have the ability to build and maintain positive relationships with management, peers, and colleagues
• Excellent written and verbal skills. Must display strong analytical and problem-solving skills
• Strong work ethic
• Energy to commit to a fast-paced environment
• Must be detail oriented yet not lost in the details
• Self-starter with ability to prioritize workload

Responsibilities

• Manage the RFP process, including bid comparison analysis, and contract negotiation and finalization
• Manage budget and contract negotiations with all service providers including all initial contracts
• Negotiate final scopes of work, budget, and payment schedules with input from functional team members for clinical study service providers
• Negotiate a variety of contracts, including amending agreements in relation to new needs or changes in circumstances
• Be able to utilize multiple different systems for contract approvals (e.g. MedCompli, Coupa)
• Ensure all Contracts are uploaded in database and perform uploads for historical contracts; maintain database
• Ensure contract compliance in accordance with company’s policies and procedures
• Track negotiated cost savings and cost avoidances achieved
• Ongoing contract management (e.g. spend, change orders)

Benefits

• Bonus
• Equity
• Comprehensive benefits
• Flexible paid time off (PTO)
• Medical
• Dental
• Vision
• Life and disability insurance