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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, which include conducting thorough reviews of all contracts within Group Technology, identifying potential risks and areas for improvement, redraft contracts particularly focusing on commercial terms (SOW, schedules, payment terms, etc.) to minimize risk and safeguard the Bank’s interests. He/she will also be involved in contract negotiation - collaborate with the team to negotiate terms and conditions with vendors, ensuring optimal outcomes for the Bank. The other key responsibilities are as detailed below:
Key Responsibilities and Accountabilities:
Functional (job 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 with objectives to minimise risk and protect the Bank’s interest
- Review and redraft (if required) IT related contract terms and conditions on legal and commercial terms (Statement Of Work, Schedule of Work, Pricing Schedule etc.) to ensure alignment to contract owner’s operational need and obligations to be imposed to the vendor
- Assist contract owner, IT Sourcing & Procurement contract team, Project Managers, and Legal to negotiate terms and conditions with vendor
- Work closely with Legal, Compliance and other relevant teams to ensure relevant regulatory requirements are included in the contract, where required
- Single point of contact (SPOC) for IT for any matters concerning contracts. Work closely with the IT Sourcing & Procurement contract team, Project Managers, IT Contract Owner (mostly Infrastructure and Security Operations) and Legal.
- Actively involved to solve any contract-related problems that may arise with other parties and internally
Jobholder 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.
- 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
- Excellence contract drafting skill
What’s next?
- Once you’ve applied online, our team will carefully review your application. Due to a high volume of applications, we appreciate your patience to allow for a fair and timely review process.
- Should you be shortlisted for the role, we will send you an invitation via email for an interview. You can also check on your application status by logging into your candidate account.
About Hong Leong Bank
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. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.
What We Do
Hong Leong Bank Berhad is one of the leading financial services organisations in Malaysia. With a heritage of more than 100 years, it provides comprehensive financial services covering consumer banking, business banking and trade finance, treasury, branch and transaction banking, wealth management, private banking and Islamic financial services. Its merger with EON Bank Group in 2011 has further embedded its position as a core banking franchise with an expanded distribution network of more than 300 branches across the country.
With a proven track record in value creation and a highly recognised brand, Hong Leong Bank has also been extending its footprint in the region, with branches in Singapore and Hong Kong and wholly owned subsidiaries in Vietnam and Cambodia. In China, the Bank has a 20% shareholding in Bank of Chengdu Co., Ltd., Sichuan and a consumer finance joint venture.
Hong Leong Bank is a subsidiary of Hong Leong Financial Group Berhad, the financial services arm of the Hong Leong Group. Apart from banking, Hong Leong Financial Group is involved in the provision of insurance and takaful, as well as investment banking, unit trust, fund management and stock broking services
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