Job Description

Company Name: VARITE India Private Limited
About The Client:
One of the oldest banking instituitions in the UAE and Middle East. The Client provides a range of conventional and Islamic banking services, including personal banking solutions such as deposits, loans, and credit cards. The bank also offers corporate and investment banking services, including corporate finance, investment advisory on mergers and acquisitions, initial public offerings (IPOs), and underwriting
About The Job:

• This resource is responsible for Technology Contract Management. The ideal candidate will have to manage the Technology contracts inventory and review, comment and risk notes for contract documents and amendments, ensure that terms and conditions will be appropriate and provide management reporting.
• Candidate must have experience Technology procurement especially handling annual maintenance contracts, license subscriptions, service contracts and annual budgeting and reporting.
• Role requires an understanding of industry standards and different SLAs used in the areas of Technology contracts.
• Work with technology teams for contracts collection and related documents.
• Enhance collaboration and coordination with support functions like Procurement, Audit, Risk Management, and Information Security

Essential Job Functions:

• Perform contract reviews (including terms and conditions) in accordance with the rules of engagement, policies and in consultation with Technology stakeholders and update the review observations/risks in contract factsheet for each contracts/SOWs separately and prepare risk mitigation plan for the risks identified and execute it.
• Gather and Maintain contracts and SOWs-related documents and correspondence relating to Information Technology units.
• Experienced in reviewing Master Service Agreements (MSAs) & SOWs, license, subscriptions, and annual maintenance agreements with technology vendors.
• Coordinate with the Procurement, Tech units, Legal, Risk, Project Controls, and Business on contractual terms and risk issues.
• Prepare risk schedule and summary of terms for Technology contracts.
• Responsible for reviewing Technology AMC's, subscription and service contracts and propose service and cost optimization opportunities.
• Responsible to review SLA, OLAs in agreements and incorporate the SLAs wherever not captured in the agreements.
• Support Annual Tech budgeting process, manage key reports - monthly cashflow, actual vs. budget comparisons.
• Any other additional duties may be required by management based on the needs of the business.

Qualifications:

• Should be a self-starter with ability to operate independently with minimal supervision.
• Excellent written and verbal communication skills, with a proven ability to effectively communicate complex concepts clearly and concisely to colleagues and stakeholders.
• Minimum of 10-12 years of progressively responsible experience in contract management, in Technology, preferably Banking industry. Experience in a multinational organization is a plus.
• Candidate must be from legal background and have experience in Technology contract management.
• Expertise in Microsoft Excel, Word, and PowerPoint.
• The candidate must be able to multitask, handle changing priorities and work independently in a fast-changing environment

How to Apply: Interested candidates are encouraged to respond/submit their updated resumes, and for additional job opportunities, please visit
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the preferred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral: 0-2 years INR 5,000
2-6 years INR 7,500
6+ years INR 10,000
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer:
VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status