Analyst (Contract Management)

Fresher

Not Disclosed

Early Applicant

Job Description

Key Responsibilities2. Contract Review & Financial Validation3. Stakeholder Management & Execution4. System Administration & Financial Impact

Contract Oversight & Compliance
Perform close monitoring of active vendor and operational contracts throughout their lifecycle.
Ensure strict adherence and compliance with internal procurement requirements, governance policies, and banking regulatory standards.
Review contract terms and conditions to identify operational risk or discrepancies.
Conduct validation and simple financial modeling for contract values to support commercial negotiations.
Assist in evaluating financial terms to ensure cost optimization and alignment with budget allocations
Actively follow up and liaise with internal and external stakeholders (Legal, Risk, Business Units, and Vendors) to facilitate timely contract sign-offs.
Address and resolve administrative queries related to contract execution workflows.
Accurately process, ingest, and manage contract documentation into internal procurement systems.
Maintain clean contract database records to support auditing, reporting, and tracking of renewal/expiry dates
Analyze and understand the overall impact of contracts on financial statements and department budgets.

Requirements

Experience: Experience in procurement, contract management, commercial analysis, or financial administration (banking/financial services context preferred)
Education: Bachelor's degree in Business Administration, Finance, Supply Chain, Law, or a related discipline
Core Competencies:

Solid understanding of basic financial modeling and contract valuation.
Proficiency with contract administration and enterprise procurement systems (e.g., SAP Ariba or equivalent).
Strong attention to detail with excellent organizational skills.
Good interpersonal and communication skills to drive cross-functional stakeholder sign-offs.