Prospect Infosystem Inc. · 1 day ago
Business Analyst Consultant III Location: Milwaukee, WI Need Wisconsin Residents
Milwaukee, WI
Contract
Onsite
Senior Level
5+ years expProspect Infosystem Inc. is seeking a Business Analyst Consultant III to support Milwaukee County in managing IT contract life cycles. The role involves negotiating contract terms, ensuring compliance with regulations, and collaborating with stakeholders to meet business needs while mitigating risks.
Information Technology
Responsibilities
Coordinate with Business Relationship and DAS-Procurement team members to identify contracting requirements for inclusion in Requests for Information (RFIs), Requests for Proposal (RFPs), etc
Establish contract management objectives, procedures, templates, and workflow processes for vendor contracts and deliverable schedules for Master Service Agreements (MSAs), Professional Service Agreements, Statements of Work (SOWs), Memoranda of Understanding (MOUs), Amendments, etc
Maintain a contract management database with executed contracts / agreements and vendor information, as well as contracts / agreements that are under development but are not yet active. Additionally, track obligations, deliverables, and change notes. Manage and control access to documents, as appropriate
Coordinate with Corporation Counsel, DAS-Risk Management, DAS-Procurement, Audit Services etc. to develop and insert appropriate legal protections in contracts, as warranted
Develop a knowledge base of negotiating strategies, best practices, and negotiation personnel and teams
Administer commercial and financial arrangements with vendors to include billing, invoicing, performance incentives, and remedies, where appropriate
Collaborate with vendors and key stakeholders to establish clear contract change control processes
Coordinate, as needed, with other key County stakeholder departments / divisions (e.g., Audit Services, Comptroller, DAS-Procurement, DAS-Office of Economic Inclusion, etc.) on vendor performance oversight
Continually improve processes, procedures, workflow, and organizational structures for contract management
Understand relevant market trends and vendors. Track, gather, and analyze market and industry data
Effectively communicate a clear and concise contract overview (e.g., summary of key contract terms, risks, opportunities, service delivery guidelines, etc.) to stakeholders. Provide clarity on contract elements when required
Responsible for ensuring pricing is and remains competitive. Identify cooperative agreements applicable to initiatives
Manage contract review meetings to ensure delivery against objectives and contract budgets. Develop regular reports on contract milestones, execution, and risk, and inform internal customers, vendors, and management of activities and progress through regular written and verbal communication
Qualification
Required
Five or more years of experience in Contract Management or Paralegal Work – Experience with negotiating and managing contract life cycles, with an emphasis on technology or IT service agreements
Knowledge of best practices for IT contract negotiation tactics and strategies
Able to determine contractual and financial exposure and negotiate contracts
Bridge communications between IT and business organizations, with a focus on developing an understanding of how to structure contracts to deliver against business needs and goals
Bachelor's Degree or Above – Area of specialization/major: Business, Information Technology, Paralegal, Pre-Law
No supervisory / management experience required
Preferred
Knowledge of contracting trends, licensing models, and traditional and emerging contract and vendor performance models
Strong project and process management skills with the ability to manage multiple vendors and multiple contracts, as well as a wide range of tasks
Able to understand contract risks and to work with other parts of the organization in crafting tactics and strategies for risk mitigation
Company
Prospect Infosystem Inc.
IT takes talent and Prospect Infosystem, Inc. delivers.
51-200 employees
H1B Sponsorship
Prospect Infosystem Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2022 (4)
2021 (11)
2020 (34)
Funding
Current Stage
Growth StageCompany data provided by crunchbase