
IT Vendor Management and Contract Specialist
4 days ago
Our client, an established financial institution is seeking a detail-oriented and proactive Contract and Vendor Management Specialist to oversee the full lifecycle of vendor and third-party contracts. The ideal candidate will be responsible for managing contract lifecycles, ensuring contractual compliance, driving vendor performance, and supporting procurement and risk governance processes. This role requires strong coordination skills, commercial acumen, and the ability to collaborate across business and technical teams.
Roles and Responsibilities:
- Manage the end-to-end contract lifecycle, including drafting, negotiation, review, renewal, and termination of vendor agreements.
- Monitor vendor performance against Service Level Agreements (SLAs), KPIs, and compliance obligations, ensuring timely resolution of issues.
- Collaborate with internal stakeholders (Legal, Finance, IT, Procurement) to ensure contracts align with organizational standards and risk policies.
- Maintain a centralized contract repository and ensure all contract records are up-to-date and auditable.
- Support vendor onboarding and due diligence processes, including risk assessments and background checks.
- Reviewing and managing vendor performance
- Track and report contract milestones, renewals, expirations, and obligations using appropriate tools or systems.
- Facilitate regular vendor governance meetings and performance reviews with strategic suppliers.
- Assist in sourcing and RFP/RFI processes by reviewing contractual terms and participating in vendor evaluations.
Requirements:
- Bachelor's degree in Business, Law, Supply Chain, or related discipline.
- Minimum 3–5 years of experience in contract management, vendor governance, or procurement.
- Prior experience in handing IT contract and IT vendors
- Strong understanding of contract law, vendor risk management, and procurement practices.
- Excellent communication, negotiation, and stakeholder management skills.
- Proficient in contract management systems (e.g., Ariba, Coupa, SAP, or equivalent).
- Good experience working in banking / financial industry is a plus
- Detail-oriented, with strong organizational and time management skills.
Interested candidates please email your latest resume to
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