Contracts Specialist

Job Role: Contract Management Professional

Location: Bangalore

Type: On Contractual Basis [24 Months- Extendable on need to be basis]

Job Summary:

The Contract Executive will play a key role in supporting the Contract Management team by ensuring effective lifecycle management of contracts, managing vendor and company obligations, and providing critical inputs for informed decision-making. The role involves close coordination with internal teams, vendors, and legal experts to ensure smooth execution and compliance with contract terms.

Key Responsibilities:

1. Assist the Contract Management team in overseeing contracts from award to closure.

2. Manage and update key contract documentation to ensure accuracy and compliance.

3. Maintain a detailed list of contractual obligations from both vendor and company sides.

4. Actively track and monitor obligation fulfillment to mitigate risks of non-compliance.

5. Handle vetting, verification, and processing of Bank Guarantees (BGs). Ensure BGs are issued, amended, and released per contract terms.

6. Assist in vetting contract language to ensure clarity, enforceability, and risk mitigation.

7. Analyze and interpret contract clauses.

8. Assist Contract Management team to provide actionable inputs to the Contract Management team for effective decision-making.

9. Work closely with internal teams such as Procurement, Legal, Finance, and User Departments.

10. Assist the Contract Manager in preparing and maintaining regular Management Information System (MIS) reports.

11. Support the Contract Management team in other tasks and projects, as required.

Qualifications and Skills:

Bachelors degree.

• Knowledge of Contracts.

• Certification/training in Contract Management is a plus but not mandatory.

• 47 years of experience in contract management, drafting, reviewing, or related areas.

• Familiarity with Bank Guarantee processes.

• Proficiency in MS Office (Word, Excel, PowerPoint) and contract management tools.

• Detail-oriented with the ability to manage multiple tasks efficiently.

• Ability to work under tight deadlines and handle high-pressure situations.Ability to quickly adapt to the company’s requirements and work effectively in a fast-paced environment.Role & responsibilities