Contracts Specialist

Company Description

Vectorr AI is a global AI operations and research-support organization specializing in high-quality data operations, RLHF, AI evaluation, and advanced workflow management. We partner with leading AI institutions and technology companies, providing domain-specific and research-driven support to accelerate the development of next-generation AI systems.

About the client

We are hiring on behalf of one of our global technology clients. The organization operates at scale across multiple regions and is seeking a Contracts Specialist with strong expertise in vendor management, contract operations, and commercial analysis. This role involves close collaboration with Procurement, Legal, Finance, and Business teams while managing the full lifecycle of technology and vendor contracts.

Role Description

The Contracts Specialist will be responsible for reviewing, analyzing, negotiating, and managing vendor contracts end-to-end. The ideal candidate has strong analytical capabilities, proven negotiation skills, and experience working within the contracts ecosystem. The role requires accuracy, attention to detail, and the ability to drive strategic improvements across contract processes.

Engagement Terms

1. Role:

   Direct Contractor with the Client

2. Location:

   Bangalore, India

3. Duration & Compensation:

   As per client policy

4. Experience Required:

   3–5 years

Responsibilities

1. Contract Management & Negotiation

2. Review and analyze vendor contracts with attention to detail
3. Interpret and redline contractual clauses; identify risks and ensure compliance
4. Negotiate contractual, commercial, and legal terms with vendors

5. Financial & Data Analytics

6. Calculate contract values using pricing models and historical data
7. Maintain and manage contract-related data for reporting and insights
8. Conduct cost-benefit analysis and identify savings opportunities
9. Track financial performance and prepare dashboards/reports for stakeholders

10. Strategic Initiatives

11. Identify improvement opportunities in vendor and contract operations
12. Support transition initiatives such as T&M to MSP models
13. Contribute to vendor consolidation and other cost-optimization strategies
14. Ensure continuous improvement across contract practices

15. Cross-Functional Collaboration

a. Collaborate with Legal, Procurement, Finance, and Business teams

b. Act as a subject-matter expert for contract-related inquiries

c. Align contract decisions with organizational goals

Qualifications

1. 3–5 years of experience in contract management, vendor negotiations, or contract analysis
2. Mandatory experience within the contracts ecosystem: legal, procurement, vendor management, or contract operations
3. Strong understanding of contractual clauses, terms, and redlining
4. Proven vendor negotiation and stakeholder management skills
5. Strong analytical skills; proficiency in Excel and familiarity with SQL or BI tools
6. Experience with process improvements and vendor management strategies
7. Excellent written and verbal communication skills
8. Detail-oriented, proactive, and able to work independently in a dynamic environment

Preferred Skills

1. Experience handling technology/vendor contracts in IT, SaaS, or professional services
2. Exposure to vendor model transitions (T&M → MSP)
3. Strong ability to manage and influence stakeholders