Contracts Manager II - Navy Federal Financial Group

OverviewTo support Navy Federal s business objectives by managing the pre-award; negotiation; and post-award contracting processes for the acquisition of services; materials and equipment. Works independently with limited guidance.ResponsibilitiesIn conjunction with the Business Unit, reviews requests for the procurement of equipment, services, material and/or constructionAnalyzes the requirement for product(s) and/or service(s), verifies funding, reviews delivery timeline and key performance indicators (KPI) of the product/service, and recommends revisions to the statement of work or specificationsEstablishes an acquisition strategy to include the type of contract and milestones, contractible requirements, availability of qualified contractors and/or justifications for sole/single source acquisitionPrepares solicitation documents or reviews vendor-provided contractual documents. Incorporates provisions, such as cost accounting standards, requirements for technical proposals, testing procedures, cost escalation factors, regulatory agency compliance issues including National Credit Union Administration (NCUA) and Navy Federal Key Service Provider policiesCoordinates review of contracts or purchase agreements with Procurement Management and in conjunction with Office of General Counsel and Chief Financial Officer, as required. Solicits proposals from prospective contractorsIn conjunction with the Business Unit, analyzes proposals. Performs cost or price analysis, including review of cost breakdowns to determine reasonableness. Obtains pre-award surveys to establish contractor responsibility, and obtains audits and pricing reports to develop negotiation strategyIn conjunction with the Business Unit, develops negotiation objectives and leads negotiations related to contract pricing, terms and conditions with potential contractors. As appropriate, confers with offices of General Counsel, CFO, and subject matter expertsReviews Business Unit's Quality Assurance Plan to assure it aligns with contract terms and conditions; Recommends Plan adjustments as neededAwards contracts within delegated contracting authority, or recommends award to contracting authority on contracts outside delegated authorityPrior to contract execution, meets with Business Units and contractor and reviews key contract terms, conditions, and requirements including deliverables, timelines, and administrative detailsAssists Business Units in the execution of contracts, including correspondence, invoice verification and performance of termination actions, until final delivery and payments are completed and the contract is closedInterprets contract provisions for Business Units and provides appropriate advice and guidance. In conjunction with the Business Unit, leads negotiations on contract modificationsIn conjunction with the Business Unit, prepares Navy Federal's position on contract disputes and recommends a decision on dispute settlementsCloses out the contract or issues termination notices and reviews settlement proposalsWorks with procurement requests requiring contracts with complex product/service requirements, significant business risk and impactUses advanced contracting/negotiating techniques and modelsPresents alternatives and recommendations to solve unique and complex problemsProvides training and guidance for lower level specialistsDevelops project strategiesAnticipates issues and identifies solutionsQualificationsKnowledge of procurement directives and contract laws, regulations and procedures applicable to the acquisition and contract administration of extensive or unique equipment, services, material and constructionKnowledge of various types of contracts, methods of contracting, and selection factors to plan appropriate strategies to procure complex requirements, and to conduct negotiations in the pre-award and post-award phases of contractingKnowledge of customer's program objectives sufficient to participate in planning, negotiation, and administration of specialized technical terminology, and uses of equipment, services, or construction procuredExtensive knowledge of commercial and industrial business practices (e.g., subcontracting of raw materials or services and use of cost analysis techniques) sufficient to identify sources, analyze cost and pricing data and contract proposals, and to evaluate riskExtensive experience reviewing and negotiating major contracts in a business environmentDemonstrated experience in negotiating contracts with vendor representatives, contract specialists, legal representatives, and executivesAbility to work tactfully and effectively with all levels of management and staffAward or Next Level Purchasing Microsoft Project for Purchasing ProfessionalsStrong research, analytical, and problem solving skillsDesired QualificationsCollege degree in Business, Information Technology, Purchasing Management or related fieldKnowledge of Navy Federal's Information Technology infrastructureKnowledge of Navy Federal's business operations, products, and servicesCompletion of the American Graduate University class on Source Selection & ContractCertification by the National Contract Management Association, Institute for Supply Management, or other nationally accredited sourceFamiliarity with financial services operating models, including brokerage, registered investment advisory (RIA), and/or financial planning environments, with the ability to apply that understanding to Navy Federal Financial Group’s integrated service model.HoursMonday - Friday, 8:00AM - 4:30PM (Hybrid)Locations:820 Follin Lane, Vienna, VA 221805510 Heritage Oaks Drive, Pensacola, FL 32526About UsNavy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.Our approach to careers is simple yet powerful: Make our mission your passion. FORTUNE 100 Best Companies to Work For® 2026 Yello and WayUp Top 100 Internship Programs 2025 Computerworld® Best Places to Work in IT 2026 Most Loved Workplace – America’s Top Most Loved Workplaces® 2025 2025 PEOPLE® Companies That Care Newsweek Most Trustworthy Companies in America 2026 Military Times 2025 Best for Vets Employers Forbes® 2026 America's Best Large Employers Forbes® 2025 America's Best Employers for New Grads Forbes® 2025 America's Best Employers for Tech Workers 2025 RippleMatch Campus Forward Award Winner for Overall Excellence Military.com Top Military Spouse Employers 2025 2026 Handshake Early Talent Award Newsweek America’s Greatest Workplaces for Culture, Belonging and Community 2026From Fortune Magazine. © 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.