Greater opportunities to build the life you want
Greater Peoria, IL
Greater Peoria, IL

Transaction Manager



Peoria, IL, USA
Posted on Friday, July 7, 2023

Career Area:


Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

It’s More Than a Job, it’s a Career - YouTube

Job Summary:

Caterpillar is hiring a Transaction Manager in Peoria, IL. In this role, you will be responsible for identifying key elements of, and protecting Caterpillar’s interest in intellectual property in development and license transactions. Every transaction must be negotiated to enhance Caterpillar’s differentiation and to provide customer benefit. You will lead and participate in deal teams across a wide array of agreements including non-disclosure, supplier, joint development, patent or know-how license, and sponsored research. As a member of the Integrated Components and Solutions team, you will need to have a growth mindset, promote continuous improvement, and help build a defect-free culture. We have a fabulous team that does some of the most exciting work at Caterpillar, and we can’t wait for you to join the team!

What you will do:

  • Facilitates and maintains the non-disclosure agreement request workflow process, including in proactively engaging in risk mitigation where required through training and coaching where needed.

  • Actively trains internal organizations about the value of intellectual assets and the need to protect them. Actively assists business units with intellectual asset protection.

  • Creates deal structures and IP terms that meet the needs of all the parties.

  • Creates executive summaries and/or risk assessments of agreements for the signatory

  • Adds velocity and sense of urgency to deal making

  • Provides agreement solutions; addresses outstanding issues and concerns

  • Works with IP terms in various legal agreements including: Non-Disclosure Agreements, Joint Development Agreements, University Sponsored Research Agreements, Government Contracts, Consulting Agreements, Evaluation Agreements, and License Agreements

  • Creates IP protection thought leadership guidelines including enterprise procedures

  • Actively trains internal organizations about the value of intellectual assets and the need to protect them. Actively assists business units with intellectual asset protection.

Key Skills:

  • Ability to influence others – You will build strategic relationships to become a trusted advisor while guiding business partners effectively.

  • Strong Communications – You will have a strong ability to convey information to people clearly and simply across all levels within the organization.

  • Detail Oriented – You are able to pay very close attention and notice minor details such as reading the fine print to fully understand contracts and agreements.

  • Organization – You will have a strong ability to manage expectations, stay on top of tasks, and deliver results in a timely fashion.

  • Technical ability – You will not need to be the SME, but has a strong understanding and can communicate with technical individuals.

What you will have:

  • Bachelor's degree in a business related or technical field

  • 10 plus years of relevant experience

  • Demonstrated ability to work independently and be self-motivated

  • Excellent communication & collaboration skills at all levels of the organization.

  • Must have a strong customer focus and ability to work effectively across organizational boundaries.

Top Candidates will also have:

  • Experience negotiating or working on intellectual property agreements or valuations

  • Experience working with suppliers or others on development or evaluation

  • Experience working with external funding organizations, private or government entities

  • Extensive network within the engineering community

  • Demonstrated innovative mindset and approach to problem solving

  • Demonstrated technical competence across the breadth of Caterpillar products and technologies

  • Influential ability to positively impact strategy & direction

  • Experience of effectively facilitating groups of people

  • Demonstrated ability to think strategically

Additional Information:

The primary location for this position is Peoria, IL

Domestic relocation assistance is not available

This position may require 10% travel

Sponsorship is not available

This posting will close at midnight on October 4, 2023

What you will get:

Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.

Here you earn more than just a salary because we value your performance. We offer a total rewards package that provides benefits on day one (medical, dental, vision, RX, and 401K) along with the potential of an annual bonus.

Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).

Final details:

Please frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application – please use the candidate log-in on our career website as it will reflect any updates to your status.

For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media


Visa Sponsorship is not available for this position. This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as, H, L, TN, F, J, E, O. As a global company, Caterpillar offers many job opportunities outside of the U.S which can be found through our employment website at www.caterpillar.com/careers.

EEO/AA Employer. All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

Not ready to apply? Submit your information to our Talent Network here.