We are a leading Mortgage company specialising in the buy to let mortgage sector with a new and exciting role for a Business Contracts Manager to oversee all of our 3rd party supplier agreements and contracts spanning all areas of the business including IT, HR, Compliance, Facilities, Training and Legal. You will be working Mon to Fri 9am to 5pm with free parking, 25 days holiday, generous annual bonus (up to 15%) and full benefits scheme with a salary of between £40 and £50k plus annual bonus up to 15% of salary. We are a successful and stable company and you will be part of our Operations team reporting into the Head of Business Transformation.
To be successful as our new Business Contracts Manager you will ideally have experience in managing 3rd party relationships whereby you will be reviewing existing contracts and identifying areas for improvement and gaps in the contractual terms. Experience of being instrumental in the set up of any new supplier terms, contracts and agreements across the business, working along side a subject expert in the relevant departments. Educated to A Level standard or above and ideally with a PRINCE 2 or similar and project management experience or a relevant Legal qualification. Experience within the mortgage, financial services or a regulated environment would also be an advantage.
The main duties of the role are as follows:-
Manage the Request for Proposals (RFP) process and prepare RFP materials.
Provide support for the establishment and maintenance of all contracts in line with Company procedures.
Responsible, alongside the relevant Department Manager, for the negotiation of contracts/agreements to make sure contracts reflect the needs of the business.
Manage the complete contract process from Heads of Terms to execution.
Provide negotiation advice through the procurement process.
Work closely with Department Managers to develop procedures to ensure contractual obligations are met.
Proactively support Department Managers with the renewal and negotiation of terms of expiring contracts ensuring they meet business requirements.
Support Department Managers to manage periodic reviews of the procurement process and relevant policy updates in line with applicable law, regulations and best market practice.
Maintain a central repository of contracts and performance dashboards which feature established and approved KPIs and KRIs.
Ensure the correct approval channel for contractual changes are adhered to.
Ensure correct commercial engagement of Suppliers’ fourth party sub-contracting arrangements.
Produce progress reports, updated costs and forecasts as appropriate.
Undertake ongoing risk assessments relating to third and fourth-party contracts.
Attend internal/external governance meetings and ensure the production of accurate records of any discussion/actions.
Undertake regular internal reviews and reporting of SLAs, ensuring they are up to date and meet business and regulatory needs.
Escalate any material breach of SLAs within the defined governance framework.
Ensure that all contractual terms adhere to relevant regulatory compliance.
Overall we are seeking a candidate with excellent time management and organisational skills. The ability to negotiate and the ability to build credibility and rapport. Good presentation skills and a confident communicator at all levels. The ability to analyse all possible solutions and make evidence based recommendations.
Ideally you will have experience in managing and building third party relationships with an understanding of contract law. Previous contract negotiation experience and experience in managing SLAs and KPIs. Experience of procurement processes and practices. In return we can offer an excellent salary up to £50k plus bonus and the opportunity to make this new role your own within a well respected financial services company who can offer Mon to Fri 9am to 5pm working hours and a full benefits package.Please submit your CV asap for immediate consideration.