Full-Time

Contract Specialist – Entry level

Posted on 9/12/2024

Onbe

Onbe

201-500 employees

Digital payment solutions for businesses

Fintech
Financial Services

Compensation Overview

$67.1k - $79.8kAnnually

+ Annual Bonus

Entry

Wheeling, IL, USA

Hybrid role requiring onsite presence 1-2 days per week at Buffalo Grove, IL.

Category
Contract Management
Legal & Compliance
Required Skills
Communications
PowerPoint/Keynote/Slides
Requirements
  • Demonstrated ability to learn quickly and adapt in a fast-paced environment, with experience in an operations support role OR relevant contracts experience
  • Strong oral and written communication skills, with the ability to convey complex information clearly and concisely
  • Exceptional critical thinking and problem-solving abilities, with a keen attention to detail
  • Proven ability to work autonomously while maintaining a high level of accountability and delivering results
  • Demonstrated executive presence and professionalism in managing relationships with senior leadership and cross-functional teams
  • Proficient in MS Office, including Word, Excel, PowerPoint and Outlook.
  • Working knowledge of industry business practices and contract administration principles, as well as some exposure to contract negotiations is a plus
  • Experience with a CLM platform is a plus
  • Fintech and payments experience is a plus
Responsibilities
  • Prepare standard contracts, ensuring accuracy and timeliness
  • Manage contract lifecycle using CLM and CRM tools, including routing contracts for approvals, tracking progress, and ensuring proper execution
  • Ensure contract terms comply with legal department requirements and policies, in consultation with legal counsel
  • Work with cross-functional teams to resolve contract-related issues, with guidance from legal counsel
  • Track and regularly report on key metrics related to contract lifecycle management
  • Support the continuous improvement of standard form agreements and legal processes
  • Recognize need for issue escalation
  • Manage rapidly changing or competing priorities
  • Deliver high-quality experiences for internal and external clients
  • Ability to stay organized and multitask in a professional and efficient manner
  • Handle a large volume of matters, including a combination of small and large contracts, in an organized and efficient manner
  • Other projects and duties as directed by legal counsel

Onbe specializes in digital payment solutions that enhance the payment experience beyond traditional currency transactions. The company provides a variety of customizable and secure payment options for businesses across multiple industries, including automotive, biotech, and telecom. Onbe's primary focus is on corporate disbursement solutions, which help companies efficiently and securely distribute funds to their recipients. This approach allows modern brands to innovate and create engaging payment experiences for their customers. Onbe generates revenue by charging fees for its payment processing services and customization options. The company's goal is to be a preferred payments partner, delivering value that extends beyond mere transactions and improving the overall experience for both clients and their end recipients.

Company Stage

N/A

Total Funding

N/A

Headquarters

Buffalo Grove, Illinois

Founded

1996

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with ScrapRight taps into the growing digital payment demand in recycling.
  • Collaboration with TimeForge aligns with the shift towards digital payments in dining.
  • Onbe's solutions improve recipient satisfaction in class action settlements with digital payouts.

What critics are saying

  • Increased competition from fintech startups may erode Onbe's market share.
  • Rapid tech advancements require continuous R&D investment, straining financial resources.
  • Reliance on partners like Eisen and ScrapRight poses risks if they face difficulties.

What makes Onbe unique

  • Onbe offers customizable payment solutions across diverse industries like automotive and biotech.
  • The platform integrates with partners like ScrapRight to provide instant digital payouts.
  • Onbe's focus on corporate disbursement solutions enhances client growth and market opportunities.

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