Job Summary
We are seeking an experienced Contract and Risk Manager to join our team. This pivotal role involves overseeing all contract-related activities, ensuring compliance with company policies, and implementing contract management software to streamline operations. The ideal candidate will possess a robust understanding of legal terminology, risk management principles, and corporate governance, particularly within the MRO sector.
Key Responsibilities
Contract Management
- Implementation and Maintenance: Deploy and manage contract management software to effectively organize and track agreements.
- Contract Lifecycle Oversight: Review, draft, negotiate, and manage contracts, service agreements, and vendor agreements, ensuring alignment with company policies and legal standards.
- Summarization and Documentation: Create concise summaries of key contractual terms, obligations, renewal dates, and potential risks for stakeholder reference.
- Compliance Assurance: Ensure all agreements are properly executed, stored, and monitored in accordance with group company policies.
Risk & Compliance Management
- Risk Assessment: Identify and evaluate contractual risks, proposing and implementing effective mitigation strategies.
- Regulatory Compliance: Ensure all contracts comply with legal, regulatory, and internal policy requirements.
- Audit and Monitoring: Conduct regular contract audits to detect and address discrepancies or potential issues proactively.
- Dispute Management: Collaborate with legal counsel and internal teams to manage disputes, amendments, and contract terminations effectively.
Stakeholder Collaboration & Training
- Point of Contact: Serve as the primary liaison for all contract-related inquiries and issues.
- Training and Guidance: Develop and deliver training sessions to internal teams on contract management best practices and policies.
- Cross-Functional Collaboration: Work closely with procurement, finance, and legal departments to ensure contracts support and align with business objectives.
Required Qualifications & Skills
- Educational Background: Bachelor’s degree in Law, Business Administration, or a related field. A legal background is advantageous.
- Professional Experience: Minimum of 5 years experience in contract management, legal compliance, or risk management.
- Technical Proficiency: Experience with contract management software implementation and utilization.
- Analytical Skills: Strong ability to interpret complex legal language and distill key points effectively.
- Industry Knowledge: Experience in the MRO, aviation, or manufacturing industry is highly desirable.
- Communication Skills: Excellent negotiation, communication, and organizational abilities.
