Overview
CONTRACTS MANAGEMENT OFFICER Jobs in Manila, National Capital Region, Philippines at Bank of the Philippine Islands (BPI)
Title: CONTRACTS MANAGEMENT OFFICER
Company: Bank of the Philippine Islands (BPI)
Location: Manila, National Capital Region, Philippines
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
