Senior Contract Management Specialist
CD Tower, MY
Job Description
We are seeking a Senior Contract Management Specialist to join our Contract Management team within the Procurement department. This role involves managing a mix of high-value, complex contracts and a high volume of routine contract renewals, spanning various procurement categories, including IT, Network, and Corporate Services. A strategic thinker with extensive hands-on experience in contract drafting, negotiations, stakeholder management, and post-contract administration, including managing post contract disputes, is essential.
Key Responsibilities:
- Contract Strategy & Management: Lead the development, drafting and execution of strategies for high-value contracts. Collaborate with cross-functional teams to address user challenges and draft vendor obligations that are business-friendly.
- Negotiations & Renewals: Drive contract negotiations to secure favorable terms and manage high-volume contract renewals efficiently.
- Risk Management: Ensure compliance with legal and regulatory requirements, proactively identify potential risks, and develop governance frameworks.
- Vendor and Stakeholder Management: Build strong relationships with vendors and stakeholders, act as the main point of contact for contract inquiries for the Procurement Category, and oversee vendor performance.
- Post-Contract Administration: Oversee contract execution, monitor performance, resolve disputes, and facilitate drafting of amendments as needed.
Accountabilities:
- Strategic Leadership: Demonstrate proactive leadership, timely contract negotiations and driving for closure, guide process improvements, and mentor junior team members.
- Performance Metrics: Meet and exceed targets related to contract savings, risk mitigation, and vendor performance. Implement and track KPIs.
- Continuous Development: Stay updated on industry trends, participate in training programs, and foster a culture of improvement.
Experience and Skills:
- Min 5 Years Experience in Corporate In-House Legal division is an added advantage
- Experience: 10+ years in contract management , contract drafting and negotiations with proven project management skills driving contracts negotiations to closure.
- Hard Skills: Strong understanding of contract terms, negotiation tactics, risk management, and post-contract dispute resolution.
- Soft Skills: Proactive, detail-oriented, stakeholder management and adaptive. Strong communication, collaboration, and problem-solving skills are a must.
Job Segment:
Compliance, Contract Manager, Risk Management, Procurement, Project Manager, Legal, Finance, Operations, Technology