Contract Negotiator for Technology Division

4 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Hong Leong Bank Full time

Job Overview

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers.

Job Description

The Contract Manager reports to the Head of Process & Governance, under the Group Technology Division. He/she will be involved in all contract reviewing and redrafting within the Group Technology Division.

Key Responsibilities and Accountabilities:

  • Functional Responsibilities: Track new contract and contract renewal, assist contract owner within Group Technology Division to review the contract content throughout the end-to-end contract management process from preparation to execution and renewal.
  • Commercial Terms: Review and redraft (if required) IT related contract terms and conditions on legal and commercial terms to ensure alignment to contract owner's operational need and obligations to be imposed to the vendor.
  • Negotiation: Assist contract owner, IT Sourcing & Procurement contract team, Project Managers, and Legal to negotiate terms and conditions with vendor.
  • Regulatory Requirements: Work closely with Legal, Compliance and other relevant teams to ensure relevant regulatory requirements are included in the contract, where required.

Requirements

  • Education/Qualification: Malaysian citizen, any related degree or diploma.
  • Experience/Requirements: At least 5 years related experience in IT contract management with reviewing, drafting and negotiating roles, especially for infrastructure and security related contracts. Legal background preferred.
  • Skills and Qualifications: Well-versed with IT contract template structure, common legal clauses, compliance requirements and common commercial terms including exit strategy etc. Knowledgeable about potential risks and benefits of any contract. Strong analytical, interpersonal, collaborative and negotiation skills.


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