Sr Contract Specialist

4 weeks ago

Chennai, India Babcock Power Full time

Position Summary

:

Babcock Power is a global leader in providing innovative, high quality steam generation and energy-related products and services to the power generation and processing industries. We are an organization comprised of complementary, strategically assembled business units, each with its own specialized technology and skills; its own extensive experience and knowledge base; and its own rich history of creating advanced engineering solutions.


Job Summary

The Senior Contract Specialist supports and reports to the Head - Legal for Babcock Power APAC Private Ltd. (“BPAPAC”) based out of Chennai

Essential Responsibilities: Review, negotiate, and draft terms and conditions for agreements with customers and others to ensure adequate protection and a reasonable risk allocation in compliance with corporate risk standards. Review and coordinate customer purchase orders. Coordinate requests for letters of credit and bank guarantees with the Finance Department for BP APAC and other company personnel. Coordinate insurance matters with the Corporate Risk Manager including claims and certificates of insurance. Review certificates of insurance and insurance policies received from vendors. Prepare written consents and other corporate governance documentation as directed. Perform compliance due diligence and coordinate efforts with corporate compliance counsel. Perform legal research as directed. Track and coordinate responses to customer compliance requirements through third party software programs. Provide administrative support to the Legal Department including the following, uploading agreements and purchase orders to ContractPodAI. Job Requirements / Skills, Knowledge and Abilities: Extensive knowledge and understanding of various commercial terms and conditions, including legal and commercial implications. Working knowledge of power generation industry and/or construction industry practices and legal standards. Able to effectively prioritize tasks and maintain superior attention to detail and quality. Able to communicate effectively by written and verbal means. Able to work well independently and work effectively in a group setting. Be proactive and take ownership of job responsibilities. Appreciation of and professional maturity to maintain confidentiality of sensitive company information. Education
Bachelor’s degree in law from a reputed law school is preferred. Company can also consider candidates in a relevant field like engineering, business, finance, or management having suitable experience in contracting and contract management. Minimum of 9 years of experience in contracting and contract administration involving legal issues and negotiation. The ideal candidate will possess experience in the power generation/manufacturing/oil & gas industries.

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