Intermediate Contract Specialist

2 weeks ago

Bengaluru, India CDM Smith Full time
The Contracts Management Specialist will be responsible for the review, negotiation, administration, and compliance oversight of IT-related contracts, including software licenses, cloud services (SaaS, PaaS, IaaS), IT professional services, and technology procurement agreements. This role will serve as the liaison between internal stakeholders, vendors, and legal counsel to ensure contracts meet business requirements, comply with organizational policies, and mitigate contractual risks.
Key Responsibilities:
• Draft, review, and negotiate a variety of IT-related agreements, such as software licensing, subscription services, cloud hosting, maintenance/support contracts, and IT consulting agreements.
• Coordinate with IT, procurement, finance, and legal teams to align contract terms with technical requirements, budget, and compliance standards.
• Ensure all contracts adhere to company policies, applicable laws, data privacy regulations (e.g., GDPR, CCPA), and cybersecurity standards.
• Manage the contract lifecycle, including renewals, amendments, terminations, and performance monitoring.
• Maintain a centralized contract repository and track key milestones, deliverables, and renewal dates.
• Identify and mitigate contractual risks through proactive review and negotiation of service level agreements (SLAs), indemnities, liability limits, and intellectual property clauses.
• Assist in developing and improving contract templates, playbooks, and negotiation guidelines for IT-related agreements.
• Provide guidance to stakeholders on contract interpretation and enforceability.

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