Legal Procurement Advisor

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Job Summary
The Legal Procurement Advisor provides legal counsel and contract support in Key's procurement department. This role is responsible for negotiating procurement agreements, advising on regulatory compliance, and ensuring that contracts align with Key's risk tolerance and business objectives. The advisor works closely with procurement strategists, internal clients, and risk partners to ensure that legal and regulatory requirements are met while enabling business goals. Success in this role requires strong legal judgment, effective communication, and the ability to manage a high volume of contracts in a fast-paced environment.

Essential Functions

• Draft, review, and negotiate procurement agreements to meet business, legal, and regulatory requirements.
• Provide timely and practical legal counsel to procurement associates and internal clients to support business objectives.
• Ensure contracts reflect the organization's risk tolerance and comply with applicable regulatory obligations.
• Identify and assess legal and regulatory risks in procurement agreements, integrating appropriate risk language and escalating critical concerns as needed.
• Collaborate with compliance, risk, and legal teams-including external counsel-to mitigate potential issues and support contract execution.
• Conduct legal research and analyze laws and regulations relevant to procurement activities.
• Maintain awareness of legal and regulatory trends impacting procurement.
• Develop and maintain strong relationships with internal clients and procurement teams, supporting cross-functional initiatives and enterprise-wide projects.
• Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
• Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key.

Education

• Doctorate Juris Doctorate (JD) or equivalent years of legal experience (preferred)

Work Experience

• Minimum 3+ years of relevant legal experience (preferred)
• Experience in procurement, commercial law, or financial services industry (preferred)

Licenses and Certifications

• Continuing legal education or certifications in procurement, commercial law, or financial services (preferred)

Skills

• Effectively drafts and negotiates procurement agreements
• Identifies and interprets legal and regulatory risks
• Understands compliance requirements in procurement and financial services
• Delivers clear, concise legal advice and documentation
• Builds strong relationships with internal and external stakeholders
• Integrates legal risk mitigation strategies into procurement processes
• Understands how legal decisions impact business operations
• Prioritizes tasks to meet deadlines in a high-volume environment
• Provides responsive and practical legal support to internal clients
• Maintains high ethical standards and respectful interactions

Core Competencies

• All KeyBank employees are expected to demonstrate Key's Values and abide by Key's Code of Conduct.

Physical Demands

• General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Travel

• Occasional travel to include overnight stay.

Work Location Category

• Hybrid (3+ days)

COMPENSATION AND BENEFITS

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.