Executive/Senior Executive – Contract Management

Job Description

Purpose of the Role To manage and oversee the lifecycle of contracts for Manipal Payment and Identification Solutions, ensuring all legal agreements align with the company's business goals and comply with applicable legal standards. The role will also provide contract management support to other portfolio companies of the Manipal Group during free time, contributing to effective risk management and compliance across the organization. Key Responsibilities 1. Contract Drafting and Review Draft, review, and vet various types of agreements, including but not limited to service agreements, vendor contracts, NDAs, MOUs, and lease agreements. Ensure that all contracts comply with company policies and legal regulations. Collaborate with business units to understand contractual requirements and provide tailored legal solutions. 2. Contract Negotiation and Execution Assist in negotiating contractual terms with vendors, clients, and partners to safeguard the company's interests. Facilitate the execution of contracts by coordinating with relevant stakeholders. Ensure that executed contracts are properly documented, stored, and tracked. 3. Contract Database Management Maintain a comprehensive contract management system, ensuring all agreements are easily accessible and up to date. Track contract renewal dates, obligations, and milestones to ensure timely actions. 4. Compliance and Risk Management Monitor contractual compliance by stakeholders to ensure all terms and conditions are met. Identify potential risks in contracts and recommend mitigation strategies. Stay updated with relevant laws and regulations to ensure the company's contracts remain compliant. 5. Support to Portfolio Companies Provide contract management support to other portfolio companies within the Manipal Group during free time. Assist in drafting and reviewing contracts for various business units as required. 6. Legal Research and Advisory Conduct legal research to stay informed about new laws and regulations impacting contract management. Provide legal advisory support on contractual issues to internal stakeholders. Ideal Personality Profile Detail-oriented Ensures accuracy in drafting and reviewing contracts. Proactive Takes initiative in identifying risks and ensuring compliance. Collaborative Works well with cross-functional teams to achieve business objectives. Ethical Maintains high standards of integrity and confidentiality. Organized Capable of managing multiple contracts and deadlines efficiently. Skills Required Strong knowledge of contract law and legal principles. Ability to draft and review legal documents with precision. Good negotiation skills to manage contract terms effectively. Strong organizational skills to manage contract databases and ensure timely renewals. Excellent communication skills for interacting with internal and external stakeholders. Proficiency in MS Office (Word, Excel, PowerPoint). Ability to handle confidential information with discretion.