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Specialist- Contract ( UAE Nationals Only)

5.00 to 7.00 Years   Abu Dhabi,United Arab Emirates   07 Nov, 2023
First Abu Dhabi Bank
Job LocationAbu Dhabi,United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryBanking / Accounting / Financial Services
Functional AreaNot Mentioned

Job Description

JOB PURPOSE:

  • Manage an effective and efficient end-to-end contract management process. Ensure that all bank contracts follow standard contract template and terms and conditions including clauses relevant to procured category. Implement an end to end Contract management process from review, to sign off, to archival and retrieval
KEY ACCOUNTABILITIES: Generic Accountability
  • Responsible for Contract administration and execution process
  • Provide support to the Category sourcing team, and transactional team ensuring all contracts are reviewed and completed correctly in conjunction with risk team
  • Work with the business to retrieve contracts and any historical records to build to a comprehensive Oracle database
  • Review and prepare contract summary sheets details with all relevant information before uploading to contracts database
  • Coordinate Contract sign off with vendors and FAB, and send timely responses to category team and stakeholders once the Contracts are signed.
  • Undertake complete data cleansing of contracts to ensure contracts records are accurate. Ongoing management of contracts information to ensure accuracy and adherence to SVM policy
  • Maintain a contract renewal repository and notify the Category managers well in advance of contracts expiry
  • Actively participate and contribute to the development of strategic vendor management as a value adding function within the FAB organisation
  • Upload all signed Contracts into Oracle and archive them in the Records management system
  • Support global branches with the contracting process & formalities under the direction of the Category teams
  • Ensure due diligence and ethical practices in managing activities
  • Complete review of Contracts to standardize and harmonize terms where appropriate including reviews of KPIs/SLAs
  • Follow-up to ensure timely execution of the contract per agreed KPIs
  • Keep stakeholders informed on status of contracting execution
  • Assist internal/external stakeholders with related queries on contracts executions
Qualifications
  • Bachelor Degree

Keyskills :
Oracle database Contract management vendor management Records Management System

About Company

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.

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