Contract Remediation

Join us as a Contract Remediation professional at Barclays, where you will play a crucial role in shaping the digital landscape, fostering innovation, and ensuring exceptional customer experiences. Leveraging state-of-the-art technology, you will redefine our digital offerings to meet regulatory requirements and enhance customer satisfaction. Your responsibilities will include: - Incorporating regulatory terms into contracts for activities such as OCIR, Data Transfer Agreements, Data Privacy, and country-specific conditions. - Presenting project progress and identifying key themes to ensure regulatory compliance within set timelines. - Contributing to contract remediation for third-party Supplier Control Obligations (SCOs). - Leading negotiations for contract schedules related to third-party vendor risks. - Collaborating with stakeholders in Sourcing, Supplier Management, and Business to address contract-related work for SCO schedules. Desired skillsets: - Proficiency in Process Improvement Initiatives. - Demonstrated ability to identify process improvement opportunities through strong process understanding. In this role based in Noida, you will optimize Barclays" third-party spend requirements by defining, developing, and implementing strategies for relevant spend categories. You will collaborate closely with internal stakeholders to align sourcing activities with business needs and priorities. Key responsibilities: - Profiling spend in category area and understanding business requirements, cost levers, and opportunities. - Planning and executing sourcing events, negotiations, and ensuring compliance with controls and regulatory requirements. - Developing and implementing policies and procedures for sourcing activities aligned with standards and regulations. - Identifying and implementing change opportunities to enhance effectiveness and efficiency of sourcing processes. - Staying informed about industry trends related to sourcing and category management. Expectations for Analysts: - Performing activities with excellence and driving continuous improvement. - Demonstrating in-depth technical knowledge in their area of expertise. - Leading and supporting a team, guiding professional development, and coordinating resources. - Taking responsibility for end results of team's operational activities and escalating policy breaches when necessary. - Advising on decision-making processes within their expertise and managing risks effectively. All colleagues are expected to embody Barclays" Values of Respect, Integrity, Service, Excellence, and Stewardship, while also upholding the Barclays Mindset of Empower, Challenge, and Drive in their daily interactions.,