Position Overview: The Contract and Legal Specialist will be responsible for managing the end-to-end contract lifecycle, driving contract governance, legal risk management, and contractual compliance, across vendor and client engagements. This role requires robust analytical skills, attention to detail, and the ability to collaborate cross-functionally with Legal, Finance, Procurement, Risk, and Business teams.

Job Responsibilities:
- Manage the end-to-end contract lifecycle, including drafting, reviewing, negotiating, and executing contracts such as client agreements, vendor agreements, service agreements, NDAs, and amendments.
- Analyse contractual terms and conditions to ensure alignment with company policies, legal requirements, and business objectives.
- Independently review and redline customer, vendor, partner, procurement, technology, SaaS, consulting, and confidentiality agreements, identifying legal, commercial, operational, financial, compliance, data privacy, and information security risks.
- Identify, assess, and mitigate contractual risks,



highlighting deviations from standard terms and recommending appropriate changes.
- Develop, maintain, and regularly update a Contractual Risk Register, documenting key contractual risks, risk owners, mitigation actions, obligations, and status tracking
- Collaborate with Legal, Procurement, Finance, Risk, and Business stakeholders to ensure contracts meet operational, financial, and compliance requirements.
- Maintain and update the contract repository, ensuring proper version control, documentation accuracy, and audit readiness.
- Track and monitor key contractual obligations, including SLAs, KPIs, deliverables, and critical milestones, ensuring timely compliance and performance.
- Support contract negotiations by analysing commercial terms, pricing models, and benchmarking against internal standards and market practices.
- Assist in contract renewal management, identifying upcoming expiries, evaluating contract p

📌 Contract and Legal Specialist (Pune)
🏢 Facctum It Solutions India
📍 Pune