Commercial Contracts Lead

1 day ago


Kuala Lumpur, Kuala Lumpur, Malaysia Wasco Full time
About Us
At Wasco, we are committed to delivering exceptional services to our clients while maintaining the highest standards of quality, safety, and professionalism. Our team of experts works collaboratively to achieve this goal, and we are seeking a highly experienced Legal Manager to join us in this endeavor.

About the Position
We are looking for a talented individual with a strong background in contract management and tendering activities. The ideal candidate will have a Bachelor of Laws (LL.B.) degree from a recognized university and a minimum of 10 years' experience in a similar capacity. Your expertise in contract drafting, negotiation, and review will be invaluable in supporting our team's efforts to deliver exceptional services to our clients.

Your Key Responsibilities
* Provide expert advice on contract reviews, tendering activities, and other related matters* Review tender instructions, terms, and conditions to ensure that all risk areas are properly addressed* Finalize purchase orders or contracts with customers when tenders are awarded to the company* Update and maintain a contract review experience database with a view towards knowledge dissemination and formulation of the company's general policy toward specific terms and clauses* Perform geopolitical risks and sanction assessments on every project to identify potential violation of international sanction law* Work together with Finance and supply chain management to review letters of credit to ensure that documentary requirements therein are achievable and that the terms of the letter of credit are consistent with the signed contract/purchase order* Coordinate requirements and applications for bid bonds, performance bonds, advance payment bonds as well as parental company guarantees* Coordinate other administrative bond requirements such as correspondent banks and delivery instructions* Follow up for the purpose of expediting bond issuance* Administer, coordinate & review adhoc agreements such as representative agreement, distributorship agreement, MOU, collaboration/consortium agreements* Ensure that all inherent risks of the company's activities are covered by policies of insurances (except personnel/workmen based policies) and to administer and maintain these insurance policies* Develop an insurance database to monitor, update and assess adequacy/suitability on periodic basis* Other ad hoc assignments such as establishment of joint venture company and winding up of companies in collaboration with Company Secretary* Develop and implement effective working relationships with colleagues and stakeholders across the organization* Continuously evaluate and improve the company's contracting process and procedures to ensure alignment with industry best practices*

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