Investigator Contracts Lead – Contracts & Budgets Analyst

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Parexel

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1983

⚕️ Healthcare Insurance

🧬 Biotechnology

💊 Pharmaceuticals

💰 Venture Round on 1990-01

Healthcare Insurance • Biotechnology • Pharmaceuticals

Parexel is one of the world's largest clinical research organizations (CROs), providing comprehensive services for the clinical development process from Phase I to IV. The company specializes in portfolio management, clinical trial management, regulatory strategy, market access, and lifecycle management for biopharmaceuticals. Parexel aims to speed life-changing medicines to market by leveraging its clinical, regulatory, and therapeutic expertise. With a global team of over 21,000 professionals, Parexel works to integrate patient insights and innovative trial designs to develop treatments across therapeutic areas such as oncology, neuroscience, rare diseases, and more. It focuses on delivering patient-centric and efficient clinical trials.

📋 Description

• Responsible for direct site facing contract and budget negotiations through contract execution with assigned clinical investigator sites including initial agreements and amendments • Manage the Per-Subject Cost (PSC) process for assigned studies • Manage escalation and resolution for budget and non-legal term issues from other ICL or preferred Contract Research Organizations (pCRO) • Collaborate with other lines to plan site contracting timelines though start up • Exercise good judgment in balancing the risks to the sponsor in making budget and contractual decisions against the impacts to client clinical trial timelines • Follow processes to develop, negotiate, track, and execute global clinical study agreements with institutions and investigators participating in sponsored clinical trials • Work with partners to develop and oversee the global site budget process • Work with clinical trial sites and directly negotiate cost, business and contractual terms and conditions with investigators/institutions, making changes to contract templates within the Legal division approved parameters • Lead study level site contracting activities and act as primary study point of contact for site contracting issues and timelines on assigned studies • Partner with Legal and other divisions to manage escalations in the site budgeting and contracting space • Partner with Legal, Finance, pCRO and other divisions to identify and implement areas of improvement in the site contracting space • Lead and develop relationships with key investigational sites and Site Management Organizations across the contracting and budgeting interface • Collaborates with invoicing specialists and/or invoice service provider to ensure alignment with Investigative Site contracting and compensation requirements • Interacts with clinical site contracts & legal contacts, client and partner legal team, study management, site payments team, peer site contracting colleagues, and CRO site contracting teams • Contributes to design, development and implementation of major business initiatives or special projects where required

🎯 Requirements

• Bachelor’s Degree or equivalent • 5+ years of experience in clinical development operations or clinical trial outsourcing OR PhD/Doctorate or equivalent and 2+ years of experience in clinical development operations or clinical trial outsourcing • Balance of general business, compliance, finance, legal, and drug development experience • Precise communications and presentation skills • Ability to plan, identify and mitigate risks to site contacting timelines • Ability to lead by influence rather than positional power to accomplish critical deliverables • Success in working in a highly matrix-based organization • Fluency in written and spoken English is required • Experience with clinical study budgets and contracting negotiation principles, practices, processes, and activities • Experience in drafting and negotiation of Clinical Trial Agreements with clinical trial sites in a global operation is preferred

🏖️ Benefits

• Not specified