CONTRACT SPECIALIST
Cpl is a proud Talent Partner to Bank of Ireland. We have been a trusted partner to deliver brilliant, engaged and committed people to support Bank of Ireland’s promises to deliver for their customers. Cpl trust that Bank of Ireland offers a fantastic opportunity for our Cpl Colleagues to learn, develop and build their career within banking and receiving access to the best training, systems, and support from our colleagues in Bank of Ireland.
WHAT IS THE OPPORTUNITY?
We are seeking a skilled and experienced Procurement Contract Negotiator to join our team on a temporary contract. The successful candidate will be responsible for negotiating contracts with suppliers to secure favourable terms and conditions that meet the Groups needs while ensuring compliance with legal and regulatory requirements.
The Procurement Contract Negotiator will play a key role in driving cost savings, mitigating risks, and optimizing supplier relationships.
IN THIS ROLE YOU WILL
- Assess existing contracts to identify any gaps against DORA and or regulatory requirements
- Prepare and edit contract amendments between the Group and potential Suppliers
- Negotiate contracts with suppliers to achieve optimal terms and conditions for the Group
- Collaborate Serve with Group legal and its legal representatives in the conclusion of the contract amendments
- Collaborate with various Business stakeholders in the conclusion of the contracts having consideration for business requirements
- Prepare a schedule of contracts and timeline for conclusion.
- Ensure compliance with policies, procedures and regulatory requirements
- Develop and implement effective procurement proposals in resolution of matters.
- Research regulations to guarantee contracts are updated and in compliance with laws.
- Coordinate with stakeholders to guarantee terms of contracts are fulfilled in compliance with the contract terms and regulations.
- Maintain accurate records of contract negotiations, agreements and amendments and for internal documentation and audit purposes
- Preparation and issuance of a weekly status update on schedule of timeline adherence.
- Foster positive relationships with Suppliers through effective communication, negotiation and conflict resolution.
- Provide guidance and support to cross functional teams on contract related maters, including contract interpretation, implementation and management.
REQUIREMENTS
- Bachelor’s degree in Business, Procurement or Supply chain
- Proven experience (min 5 years experience) in procurement, contract negotiations and supplier management preferably in a similar industry.
- Excellent oral and written communication skills.
- In-depth knowledge of procurement regulations, contract documents, and legal specifications.
- Strong negotiation skills with the ability to drive favourable outcomes while maintaining positive relationships with suppliers
- Excellent analytical and problem solving abilities, with attention to detail.
- Solid understanding of legal and contractual principles, terms and language.
- Effective communication skills both verbal and written with ability to articulate complex concepts and influence decision making at all levels.
- Proficiency in contract management Tools an advantage
- Ability to work independently and collaboratively in a fast paced, dynamic environment, managing multiple priorities and deadlines effectively.
- Strong business acumen and strategic thinking.
- Demonstrated integrity, professionalism, and ethical standards in all interactions and transactions.
WHY WORK FOR BANK OF IRELAND?
· The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 24 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.
· Your wellbeing is important to us; we have an employee assistance program along with other fantastic supports. We also encourage and support staff to pursue educational and professional qualifications to grow and improve your career!
Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce. We offer reasonable accommodation at every stage of the application and interview process.
#LI-KB28