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Contracts and Budget Associate - Job Opportunity at Precision Medicine Group

Remote, Canada
Full-time
Entry-level
Posted: June 2, 2025
Remote
CAD 55,000 - 70,000 annually based on entry-level contract management positions in the Canadian clinical research sector, with potential for higher compensation given the specialized nature of precision medicine and the current talent shortage in this niche field.

Benefits

Remote work flexibility providing enhanced work-life balance and elimination of commuting costs
Equal opportunity employment ensuring fair treatment and diverse workplace environment
Reasonable accommodation support demonstrating commitment to inclusive workplace practices
Privacy policy compliance ensuring personal data protection and security

Key Responsibilities

Drive strategic budget development and negotiation for global clinical studies, directly impacting project profitability and timeline success
Lead comprehensive legal agreement management including confidentiality agreements, master agreements, and clinical study contracts that protect organizational interests
Execute high-stakes contract negotiations with internal and external stakeholders, requiring diplomatic resolution of complex contractual disputes
Ensure regulatory compliance and adherence to company policies, serving as a critical governance checkpoint for all contractual commitments
Provide strategic communication and status updates to study teams, facilitating informed decision-making across project lifecycles
Orchestrate agreement execution processes that directly enable clinical research operations and revenue generation
Maintain comprehensive contract databases and archival systems that support organizational knowledge management and audit compliance
Drive process improvement initiatives that enhance operational efficiency and reduce contract cycle times

Requirements

Education

Bachelors degree, or equivalent level of contract management experience preferably in a clinical research or similar industry setting

Experience

1 year of relevant experience drafting, reviewing and negotiating agreements related to clinical research i.e. Non-Disclosure Agreements, Clinical Trial Agreements, etc. as well as management, control and tracking of the contract process

Required Skills

Excellent organizational and communication skills and attention to detail Strong organizational/written communication skills and the ability to multi-task and prioritize in a fast-paced environment Executes time-sensitive matters while maintaining accuracy and attention to detail High self-motivation and is able to work and plan with some supervision as well as in a global team environment High degree of professionalism, as evidenced by punctuality, ability to deliver on commitments, an understanding of the service culture and positive interactions with customers and teammates, including good interpersonal skills Sound business judgment and a proactive, independent work style Proficient in MS Office software programs and computer applications Handles sensitive issues with discretion Works well independently and cooperatively with others to achieve common goals in a virtual environment
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Sauge AI Market Intelligence

Industry Trends

The precision medicine and clinical research industry is experiencing unprecedented growth driven by personalized healthcare initiatives and increased pharmaceutical R&D investment, creating significant demand for contract management professionals who can navigate complex multi-party agreements in global clinical trials. Digital transformation in clinical research is driving the need for contract professionals who can manage virtual trial agreements and remote site contracts, particularly as decentralized clinical trials become the new standard post-COVID-19. Regulatory complexity in clinical research continues to increase with evolving FDA and international guidelines, requiring contract specialists who understand both legal frameworks and scientific protocols to ensure compliant agreement structures. The consolidation trend in the clinical research organization (CRO) industry is creating larger, more complex contract portfolios that require sophisticated tracking and management systems, increasing the value of professionals with strong organizational and database management skills.

Role Significance

Typically part of a 3-5 person contracts team within a larger clinical operations department, working closely with 8-12 cross-functional stakeholders including clinical project managers, regulatory affairs specialists, and business development professionals.
This is a foundational professional role that serves as a critical operational hub between legal, clinical operations, and business development functions, with significant responsibility for contract outcomes that directly impact study timelines and organizational risk exposure.

Key Projects

Multi-site clinical trial contract negotiations involving 20-50 research sites across multiple countries with complex intellectual property and data sharing provisions Master service agreement development with key opinion leaders and academic medical centers that establish framework terms for multiple future studies Budget modeling and negotiation for Phase II and Phase III clinical trials with budgets ranging from $2-10 million, requiring detailed cost analysis and competitive positioning Confidentiality agreement management for early-stage drug development programs involving highly sensitive intellectual property and competitive intelligence

Success Factors

Deep understanding of clinical research workflows and regulatory requirements enables more effective contract structuring and risk mitigation strategies that protect both scientific integrity and business interests. Strong relationship management skills are essential for managing the complex stakeholder ecosystem in clinical research, where successful contract execution depends on maintaining positive relationships with sites, vendors, and internal teams across multiple time zones. Attention to detail and systematic approach to contract management directly correlates with study success rates, as contract errors or delays can result in significant financial losses and regulatory compliance issues. Proactive communication and escalation management skills are critical for identifying and resolving contract bottlenecks before they impact critical study milestones and patient enrollment timelines.

Market Demand

High demand driven by the expanding precision medicine market, increased clinical trial activity, and the specialized skill set required to manage complex research agreements in a highly regulated industry.

Important Skills

Critical Skills

Contract negotiation and drafting skills are absolutely essential as this role directly manages legal agreements worth millions of dollars where errors can result in significant financial losses, regulatory violations, or intellectual property disputes that could derail entire research programs. Budget development and financial analysis capabilities are critical for ensuring clinical trials are properly funded and profitable, requiring understanding of complex cost structures including site payments, vendor fees, regulatory costs, and contingency planning. Communication and stakeholder management skills are vital for coordinating between diverse groups including clinical researchers, legal teams, site coordinators, and executive leadership, where miscommunication can cause costly delays in time-sensitive research timelines. Attention to detail and systematic organizational skills are paramount given the regulatory environment where contract errors can result in FDA compliance issues, audit findings, or legal disputes that could impact the company's ability to conduct future research.

Beneficial Skills

Knowledge of clinical research regulations and Good Clinical Practice (GCP) guidelines would significantly enhance effectiveness in structuring compliant agreements and identifying potential regulatory risks in contract terms. Understanding of precision medicine concepts including biomarkers, genomics, and personalized therapy development would enable more strategic contract structuring and better support for specialized research initiatives. Project management certification or experience would be valuable for coordinating complex contract timelines with overall study milestones and managing multiple concurrent negotiations effectively. International business experience or foreign language skills would be advantageous given the global nature of clinical research and the need to negotiate with international sites and vendors across different legal and cultural contexts.

Unique Aspects

This role combines traditional contract management with the specialized requirements of precision medicine research, including complex biomarker licensing agreements, companion diagnostic development contracts, and personalized therapy trial agreements that require understanding of both legal and scientific principles.
The global budget development responsibility is particularly significant as it requires understanding of international clinical research costs, regulatory requirements, and currency considerations across multiple markets simultaneously.
The position offers exposure to cutting-edge precision medicine research including genomics, biomarker development, and personalized therapy trials, providing unique insights into the future of healthcare and drug development.
The remote work structure combined with global team collaboration provides exceptional flexibility while building international professional networks in the high-growth precision medicine sector.

Career Growth

Progression to senior contract roles typically occurs within 2-3 years given the specialized nature of clinical research contracting and the high demand for experienced professionals in this field.

Potential Next Roles

Senior Contracts Manager with responsibility for managing contract teams and handling the most complex multi-million dollar clinical trial agreements Clinical Operations Manager combining contract expertise with broader study management responsibilities Business Development Associate leveraging contract knowledge to support new business acquisition and client relationship management Regulatory Affairs Specialist applying contract experience to broader compliance and regulatory strategy roles

Company Overview

Precision Medicine Group

Precision Medicine Group operates as a specialized clinical research organization focused on the rapidly growing precision medicine sector, providing services that bridge traditional clinical research with cutting-edge personalized medicine approaches including biomarker development, companion diagnostics, and targeted therapy trials.

The company occupies a strong niche position in the precision medicine CRO space, competing with both large traditional CROs expanding into precision medicine and smaller specialized firms, with particular strength in complex biomarker-driven clinical trials.
The remote Canada position indicates the company's commitment to accessing top talent across North America while potentially serving clients in both US and Canadian markets, reflecting the global nature of precision medicine research and development.
The emphasis on remote work, global team collaboration, and the precision medicine focus suggests a progressive, technology-forward work environment that values innovation, scientific excellence, and flexible work arrangements to attract specialized talent.
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