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Teachers’ Retirement System of the State of Illinois

Manages pension benefits for Illinois educators.

Legal Counsel - Procurement

Legal Counsel & Legal SupportPosted on Nov 12
Full-time$114.2k - $187.1k

About the Job

Requirements

  • Must hold a JD from an accredited law school and be a licensed attorney in good standing in the State of Illinois.
  • Must have at least 3 years of progressively responsible service handling complex legal matters in a law firm, corporate legal department, or governmental agency, including substantial experience in contract drafting and negotiations.
  • Must be able to prioritize and manage numerous projects concurrently.
  • Must exercise prudent judgment and decision-making, proactively approach responsibilities, and communicate effectively in writing and verbally.

Responsibilities

  • Review procurement and contract documentation and provide legal advice and risk-based recommendations to business leads, the Procurement Department, and other stakeholders regarding acquisitions of goods and services for TRS operations. Review and draft contracts and procurement bid solicitations, including Requests for Proposals, Requests for Quotes, Invitations to Bid, Statements of Work, nondisclosure agreements, and other contract documentation.
  • Negotiate TRS master agreements and vendor-proposed revisions to preserve uniformity and integrity of standard contract terms that protect TRS. Negotiate vendor form contracts and modifications to minimize risk, coordinate with the Procurement Department and business leads, and assist with contract administration.
  • Develop standardized, best-practice contract terms for professional services and operational needs, including terms related to artificial intelligence, offshore resources, data security, limitation of liability, and indemnification.
  • Maintain familiarity with applicable law, TRS procurement policies and procedures, and administrative rules, and recommend legally advised revisions aligned with best practices and TRS interests.
  • Coordinate with the Procurement and other departments to complete assigned duties and proactively counsel departments on anticipated procurement needs.
  • Attend Procurement and Contracting Oversight Committee meetings and provide related support.
  • Provide backup coverage to internal counsel on other TRS legal matters.
  • Assist in departmental administrative matters and perform other assigned or required duties, including special projects.
  • Respond to matters brought to the Legal Department's attention and proactively identify legal vulnerabilities, offering preventative counseling on TRS procurement to support management planning, strategy, and decision-making.
  • Handle confidential information with discretion and provide legal counseling to multiple departments on competing, time-sensitive matters.

Desired Qualifications

  • Experience in public or governmental retirement plans, tax-qualified retirement plans, agency contracting and procurement, IT software and service agreements, or nondisclosure agreements is strongly preferred.
  • Five years of progressively responsible service handling complex legal matters is preferred.

About the Company

Teachers’ Retirement System of the State of Illinois

Manages pension benefits for Illinois educators.

TRS provides retirement services for Illinois public educators by managing the teachers’ pension system and offering a Supplemental Savings Plan to boost retirement savings. The core product is pension benefits administered under the Illinois Pension Code, funded through contributions and fund investments, with benefits calculated according to state rules. The Supplemental Savings Plan gives eligible members a voluntary, flexible way to save beyond the pension. TRS differentiates itself by being a large, state-run system serving teachers across Illinois (excluding Chicago) under a statutory framework, prioritizing transparency and accountability while managing sizable pension funds. Its goal is to deliver secure, predictable retirement income for educators and to help members build additional savings for their future.

Company size
51-200
Company stage
Not listed
Total funding
Not listed
Headquarters
Springfield, IL
Founded
1939

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