The IT Vendor Contracts Specialist will be responsible for managing the end-to-end lifecycle of IT and procurement-related contracts. The role involves reviewing and drafting contracts, ensuring legal and regulatory compliance, maintaining contract repositories, tracking renewals, supporting audits, and coordinating with internal and external stakeholders to facilitate timely contract execution while safeguarding organizational interests.
Key Responsibilities:
1. Contract Drafting, Review & Vetting
- Review, vet, negotiate, and manage IT vendor agreements, including:
- Master Services Agreements (MSA)
- Statements of Work (SOW)
- Addendums and Amendments
- Non-Disclosure Agreements (NDA)
- Cloud Services Agreements
- Datacentre Agreements
- Order Documents (OD)
- Software Licensing and Procurement Contracts
- SLA
- Data Privacy Agreements
- Draft contractual documents and provide legal and commercial advisory support.
- Identify contractual, operational, regulatory,
and business risks and recommend appropriate mitigations.
- Review and negotiate vendor redlines to protect the organization's interests.
- Manage contract review cycles and ensure timely exchange and closure of contract drafts.
- Verify compliance with internal approval processes, Delegation of Authority (DOA), and applicable policies before execution.
2. Contract Execution & Processing:
- Coordinate contract execution activities, including stamping, e-stamping, e-signatures, and system-based approval workflows.
- Ensure completion of contracts within defined turnaround times and service standards.
- Facilitate seamless contract execution through coordination with legal, procurement, business, and vendor teams.
- Monitor contract execution status and resolve bottlenecks to expedite closures.
3. Contract Repository Management & Compliance:
- Maintain a centralized repository of all active and archived contracts in both digital and physi
📌 IT Vendor Contracts Specialist (Mumbai)
🏢 Kotak Mahindra Bank
📍 Mumbai
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