CONTRACTS MANAGEMENT OFFICER

Bank of the Philippine Islands (BPI)


Date: 3 weeks ago
City: Manila
Contract type: Contractor
The Contracts Management Officer is responsible for overseeing the contract administration process, coordination with stakeholders, and compliance with contractual obligations of vendors/suppliers to ensure efficiency, minimize risks, and to foster strong vendor/supplier relationships.

Responsibilities

  • Develops and reviews vendor contracts by collaborating with various business units to understand their needs and objectives, ensuring compliance with regulatory requirements, as well as bank policies and standards
  • Continuously enhance the bank’s contract templates by integrating insights from negotiations, aligning with regulatory updates, and adapting to industry trends
  • Negotiate legal and commercial contract terms with vendors, incorporating business unit and service delivery manager requirements to achieve optimal outcomes while fostering and maintaining strategic relationships
  • Propose enhancements to policies, standards, and processes to continuously optimize contract management operations, with a focus on improving processing times and strengthening compliance and controls
  • Manage and oversee all vendor contracts for the bank, ensuring adherence to agreed terms, conditions, and obligations, including the timely submission of insurance bonds and non-disclosure agreements
  • Supervise and mentor the contract management staff to ensure compliance with HR policies, enhance employee engagement, and promote professional development opportunities
  • Serve as the Subject Matter Expert for the entire bank on vendor contract terms, provisions, contract management processes, and regulatory compliance. Offer strategic recommendations for overcoming various negotiation challenges
  • Prepare and deliver detailed reports to senior management regarding the bank's vendor contractual engagements, compliance status, issue resolutions, and progress on improvement initiatives

Qualifications

  • Bachelor’s Degree preferably any pre-law course
  • 2-3 years experience in banking operations and contract management
  • Knowledge of outsourcing and service management concepts
  • Understanding of contract law principles, terms, and condition
  • Proficiency in oral and written communication
  • Leadership, Coaching, and People Management skills

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