Global Shares - Contract Specialist
JPMorgan Chase
- Cork
- Permanent
- Full-time
- Project manage all new and renewal client contract agreements to accelerate the contracting process, while ensuring risks are managed
- Collect approvals for non-standard terms in agreements, and partner with the Legal department and other stakeholders using the “Escalation and Approval matrix”
- Add approvals to the tracking system e.g., JIRA, and follow up with approvers
- Check and track the status of Client Risk Evaluations (CRE) and follow up on outstanding items
- Serve as a key partner to Sales and Legal teams through drafting, supporting client negotiation and executing on new and existing client legal agreements
- Proactively partner internally to close contracts and bring business on board in a timely manner to maximize revenues without exposing the business to unacceptable risk
- Review client-drafted agreements and work with Legal and Business heads to resolve complex issues therein
- Attend client meetings & calls as required to assist with contractual negotiations
- Support sales and other internal teams with contractual documentation inquiries
- Ensure that the appropriate legal agreement contracting process is followed and final documentation is properly filed into system with all internal stakeholder signoffs.
- Manage successful & accurate negotiation of appropriate documentation with the client.
- Produce a guide of contracting procedures and reference materials to support the contract specialist role
- Run a dashboard of all in-flight contracts and actively push to facilitate next steps and completion
- Build metrics to ensure process improvement is tracked and reported weekly, monthly and quarterly metrics by region
- Responsible for MIS reporting for senior management including data collation, production and analysis
- Engage in design, testing and release of an automated internal contract management tool and a workflow from end to end
- Own a clause library and templates and be accountable for data integrity
- Produce a prioritization report, monitoring capacity of the specialist and effectively manage stakeholders/clients' expectation
- Work on projects impacting contracts (repapering, contract updates, contract reviews etc.) as needed to plan and carry out details necessary to complete the project
- Support ad-hoc business and regulatory initiatives
- Partner with colleagues in US, EMEA and APAC locations with a view to align and follow the standard procedures
- Educate various stakeholders on the content of agreement materials and business impacts
- BA or higher education degree
- Experience in negotiation and awareness of client contracting agreements is a plus
- Highly articulate and able to convey contractual positions in a client-friendly way. Requires strong written and verbal communication skills
- Strong ability to partner with stakeholders across the business to achieve effective solutions.
- Excellent facilitation and meeting management skills, being able to discuss complex/technical concepts
- Strong analytics, organizational skills and extremely high level of attention to detail are critical to the success of this function
- Must be able to work independently within a team environment, and demonstrate flexibility and ability to adjust quickly to the changing demands of the business and team
- Technically proficient with standard office computer applications, specifically Excel, Word, MS Project, Power Point. Spreadsheet skills and analysis critical
- Effective time management and ability to balance multiple projects simultaneously and work well in a deadline orientated environment
- Mindset of continuous process improvement and risk control
- Strong problem-solving skills, ability to think of multiple alternatives/angles and identification of pros/cons
- Professional presence to liaise with a wide variety of clients and internal stakeholders