Team Member, Contract Monitoring

CANDIDATE’S PROFILE: We are currently seeking a Team Member, Contract Monitoring. The candidate for this position must have a good understanding & interpretation of business contracts and knowledge about risk management and conflict resolution.

JOB OBJECTIVE (S):

This position will be responsible for issuing purchase orders/award letters to counterparties or vendors in line with the empowerment policy or framework of the Bank. This is to ensure optimization of costs, the efficiency of contract executions, and maximum gains or value creation for the Bank.

RESPONSIBILITIES:

• Authorise all inputs initiated on the digital solution.
• Daily review of all reports generated from the digital solution to ascertain the status of all subsisting contracts with respect to either completion or default.
• Liaise with various Group Heads to provide background/feedback on the ongoing contract/SLA implementations.
• Where required, liaise with vendors for ‘on-the-spot assessment of contracts.
• Provide periodic reports on the outcome of reviews to Head, Admin Services.
• Track and monitor advance payment guarantees or performance bonds obtained by the Bank to secure upfront payments.
• Escalate deviations to Head, Admin Services.
• Support the contracting function as either relief during vacation or back up from time to time.

KNOWLEDGE & SKILLS REQUIRED:

• In-depth Business understanding
• Effective Communication
• Innovation
• Collaboration
• Analytical skills
• Attention to detail
• Problem-solving
• Proficient in Microsoft office tools

QUALIFICATION:

• First Degree in Business Admin, Accounting, or any related field of study.
• A minimum of 3 – 5 years of relevant work experience.

WHAT WE EXPECT FROM YOU:

• High degree of professional ethics, integrity, and responsibility.
• Highly organized, proactive, ability to work independently and take ownership of tasks assigned.
• Team player with the ability to work under pressure and ability to work with a wide variety of people and maintain an excellent business relationship.
• High sense of confidentiality and discreteness.