Review Specialist

Cornerstone Advisors is a niche national management and technology consulting firm serving banks and credit unions across the country. We specialize in technology contract negotiation, strategic planning, vendor selection, and product/technology strategy. Cornerstone is a fast-growing, entrepreneurial, knowledge-based company built on performance, integrity, and results. Our consultants are trusted advisors who deliver measurable impact for financial institutions nationwide.

The Contract Review Specialist is responsible for reviewing vendor contracts to ensure all relevant terms are accurately captured and recorded in the contract management system. This role plays a critical part in maintaining the integrity of vendor data, supporting contract compliance, and enhancing the overall vendor management process.

• Review and analyze contract documents to determine completeness, identify contract terms and critical dates, and ensure alignment with internal standards.
• Maintain and update Vendor Vault records, ensuring data integrity through accurate entry, contract validation, and archival of outdated documents.
• Redline and revise non-disclosure agreements (NDAs) to align with business objectives and legal standards.
• Research and onboard new vendors, identifying their services and ensuring correct setup within the vendor management system.
• Complete Preferred Contract Terms Checklists (CRR) for reviewed contracts submitted through Vendor Vault.
• Serve as a subject matter expert (SME) on vendor contracts and services, providing support to internal teams and contributing to process improvement initiatives.
• Act as a backup for preparing Vendor Review Kits (VRK), including review and summarization of vendor SOC reports, financials, and insurance documents.
• Identify discrepancies or missing information in contracts and work with relevant stakeholders to resolve issues and ensure accurate documentation.
• Collaborate with internal stakeholders and external vendors to communicate contract expectations, requirements, and revisions effectively.
• Support cross-functional initiatives and special projects requiring contract review expertise or vendor data insights.

• Demonstrated ability to review and interpret complex contractual language, identify critical terms, and assess legal and operational implications, particularly within vendor agreements and NDAs.
• Skilled in using contract lifecycle or vendor management systems such as Vendor Vault, with a strong understanding of data structures, system integrity, and contract tracking workflows.
• Knowledge of financial services vendor requirements, including SOC reports, insurance standards, and regulatory compliance practices relevant to community banks and credit unions.

• Identifies contract inconsistencies and performs in-depth analysis to ensure accurate extraction and documentation of contract terms.
• Uses critical thinking to resolve discrepancies in vendor information and maintain data integrity across platforms.

• Supports contract compliance and operational efficiency by ensuring accurate vendor contract records in Vendor Vault.
• Enhances organizational knowledge and decision-making by serving as a contract SME for internal stakeholders.

• Coordinates with internal teams and external vendors to clarify and finalize contract details.
• Collaborates across departments on projects and ad-hoc tasks, offering contract expertise to support team objectives.

• Influences contract processing quality through effective redlining and vendor setup.
• Maintains regular interaction with stakeholders and vendors to ensure consistency and alignment with organizational standards.

• Supervisory Responsibility: None.
• Autonomy: Independently manages the contract review process and maintains Vendor Vault accuracy with minimal supervision. Exercises discretion in identifying issues and implementing updates or redlines.

• Proficient in Microsoft Office Suite.
• Advanced skills in Adobe for reviewing…