Pact Employment

Contract Management Specialist

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

Category

Other

Experience

5 Years

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