Job Description
Job Overview:
We are seeking a highly skilled and detail-oriented Contract Management Specialist to join a leading bank in the United Arab Emirates. This critical role requires a professional with extensive experience in contract management, legal compliance, and financial administration within the banking industry.
Core Responsibilities:
Contract Development and Management:
The Contract Management Specialist will serve as the primary architect of contract lifecycle management, ensuring that every document meets the highest standards of legal precision and organizational integrity. This involves a comprehensive approach to drafting, reviewing, and managing contracts that protect the bank's interests while maintaining transparent and compliant relationships with vendors and partners.
Specific Duties Include:
Meticulously draft, review, and revise contracts with acute attention to detail
Ensure absolute alignment with company policies, legal requirements, and regulatory standards
Develop robust contract templates that streamline organizational processes
Conduct thorough contract risk assessments and recommend mitigation strategies
Compliance and Governance:
Maintain rigorous oversight of contract compliance across all organizational departments
Implement and monitor contract performance tracking mechanisms
Develop comprehensive reporting systems that provide clear insights into contract status and performance metrics
Ensure strict adherence to internal and external regulatory requirements
Financial and Administrative Functions:
Manage vendor invoice payment processes with precision and timeliness
Assist in budget forecasting and detailed cost analysis related to contract commitments
Maintain organized and accessible contract documentation systems
Provide strategic financial insights through detailed contract performance analysis
Interdepartmental Coordination:
Act as a central point of communication for contract-related inquiries
Collaborate with legal, procurement, finance, and operational departments
Facilitate smooth contract negotiations and amendments
Provide expert guidance on contractual matters to internal stakeholders
Qualifications and Requirements:
Minimum 3-5 years of specialized experience in contract management within the UAE banking sector
Bachelor's degree in Law, Business Administration, Finance, or related field
Advanced understanding of UAE banking regulations and contract law
Exceptional analytical and problem-solving skills
Demonstrated proficiency in contract management software and Microsoft Office suite
Strong written and verbal communication skills in English (Arabic language skills are advantageous)
Excellent organizational and multitasking capabilities
Professional Attributes:
Meticulous attention to detail
High ethical standards
Strong interpersonal skills
Ability to work effectively under pressure
Strategic thinking and proactive approach to problem-solving
Additional Requirements:
Currently residing and working in UAE
Available for immediate in-person interviews
Flexibility to adapt to evolving organizational needs
Application Process:
Candidates meeting the above criteria are invited to submit their comprehensive resume to recruitmentsmc@pactemployment.ae.
Application Instructions:
Subject Line: "Contract Specialist"
Attach a detailed, updated resume
Include relevant professional certifications
Provide contact information for professional references
Note: This is a highly competitive position. Only shortlisted candidates who meet all specified criteria will be contacted for further consideration.
About Us
Pact is an acknowledged leader in Middle East's recruitment industry. Trusted by top banks, financial institutions and multinational companies for all their recruitment needs, we offer a range of top notch recruitment services that connect top quality candidates with clients looking to fill key positions in their organizations every day.
Whether you are a company looking to recruit the right people to meet your needs or a candidate looking for a job that rewards your skills
Dubai - United Arab Emirates
Category
Experience
Career Level
Required Qualification
Bachelor's degree in Law, Business Administration, Finance, or related field
Requires Traveling:
No
Salary
Salary Not disclosed
Salary Type
Per Month
Total Vacancies
2
Skills
contract managementspecialistprofessionallegal complianceadministrationbankingdevelopmentprimaryarchitectmanagementstandardslegalprecisiondraftingcontractsdraftreviewalignmentcompanypoliciesrequirementsregulatoryriskmitigationcompliancemonitorperformancetrackingreportinginternalvendorforecastingcost analysisdocumentationcommunicationprocurementfinancecontract negotiationsexpertbusinessregulationsanalyticalsoftwaremicrosoftofficeverbal communicationenglisharabiclanguage skillslinerecruitmentindustryfinancial institutionsconnectqualitypeoplerewards