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HDFC

Contract Management Professional

11-14 Years

This job is no longer accepting applications

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  • Posted 4 months ago

Job Description

Duties & Essential Job Functions:

  • Review and draft IT Contracts in alignment with organizational standards and legal frameworks
  • Identify contractual risks at the clause level, document them in a report format, and obtain necessary sign-offs where applicable
  • Lead contract negotiations and ensure timely closure of agreements
  • Manage the end-to-end lifecycle of all IT-related Contracts/Agreements, ensuring compliance with organizational and legal requirements
  • Drive and implement IT contract management policies and establish standard practices across IT functions
  • Collaborate with internal IT teams to define and finalize Service Level Agreements (SLAs) and deliverables for Agreements/Contracts/Statements of Work (SOWs)
  • Liaise with the Corporate Legal team and external counsel to incorporate standard/general clauses in IT contract templates
  • Provide post-contractual support, including tracking performance, compliance, and renewal timelines
  • Maintain effective communication and coordination with vendors legal and business teams to support contract negotiations and resolutions
  • Ensure adherence to regulatory and organizational standards in contract execution and management

Previous Experience Required:

  • Years of Experience: Minimum 10 years of relevant experience
  • Technical Skills:
  • Strong knowledge of legal frameworks related to IT contracts
  • Hands-on experience in contract drafting, clause-level risk identification, and negotiation
  • Proficiency in handling contract management tools and reporting systems
  • Domain Expertise:
  • Significant experience in IT/BFSI sector (Banking, Financial Services, and Insurance)
  • Sound understanding of vendor and team management
  • Experience in coordinating with internal stakeholders and external legal teams
  • Team Management:
  • Proven experience in leading and managing teams, including delegation and performance management
  • Vendor Management:
  • Demonstrated ability to handle vendor negotiations, compliance, and relationship management
  • Other Areas:
  • Ability to work in a dynamic, high-pressure environment
  • Attention to detail and a proactive approach to identifying and mitigating legal risks

Qualifications:

  • Graduate with a Legal Background LLB/LLM preferred
  • Additional certifications in contract management or IT law are an added advantage

More Info

Job Type:
Industry:
Function:
Employment Type:
Open to candidates from:
Indian

About Company

HDFC Bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations as a Scheduled Commercial Bank in January 1995.
On April 4, 2022 the merger of India€™s largest Housing Finance Company, HDFC Limited and the largest private sector bank in India, HDFC Bank was announced. HDFC Ltd, over the last 45 years has developed one of the best product offerings, making it a leader in the housing finance business. HDFC Bank enables seamless delivery of home loans as a part of its wide product suite catering to urban, semi urban and rural India.
As of March 31st, 2023, HDFC Bank€™s extensive network comprised of 7,821 branches and 19,727 ATMs / Cash Deposit & Withdrawal Machines (CDMs) across 3,811 cities / towns. HDFC Ltd.€™s distribution network comprising 737 outlets, which include 214 offices of HDFC Sales Private Limited stands amalgamated into the Bank€™s network. The Bank€™s international presence includes branches in 4 countries and 3 representative offices in Dubai, London and Singapore offering Home Loan products to Non-Resident Indians and Persons of Indian Origin

Job ID: 108033935