Contract Management Specialist

International Turnkey Systems - ITS; Capital Governorate; On-site; BHD 18,000 - 30,000; Full time

Job summary

International Turnkey Systems - ITS in Bahrain is seeking a Contract Management Specialist to support the Procurement function in end-to-end contract lifecycle management. The role interfaces with Legal, Business Units, and external vendors to review, negotiate, and execute contracts in line with governance and regulatory requirements.

The ideal candidate holds a Law degree and has 5–7 years of experience in contract management, with strong drafting, risk assessment, and negotiation skills.

Qualifications

• Bachelor's Degree in Law (LLB) or equivalent.
• 5–7 years of contract management, commercial review, and negotiation experience.
• Strong knowledge of contract drafting, legal interpretation, and risk assessment.
• Banking/regulated industry experience preferred.
• Familiarity with procurement contracting, tech agreements, outsourcing, and CLM systems.
• Excellent negotiation, communication, stakeholder management, and analytical skills.

Responsibilities

• Review and analyze vendor contracts, SOWs, amendments, renewals, and related documents.
• Identify contractual, commercial, and legal risks and propose mitigation.
• Coordinate reviews and approvals with Legal, Shari’a (if applicable), business units, and stakeholders.
• Lead or support contract negotiations with vendors for favorable outcomes.
• Ensure terms are reflected in final contract documents.
• Manage contract finalization and execution with required approvals.
• Maintain contract repositories, renewal trackers, and version control docs.
• Monitor status and expiries, providing reporting and escalation.
• Support standardization and improvement of templates, clause libraries, and governance processes.

Skills

Negotiation

Stakeholder management

Analytical skills

Communication

Education

Bachelor's Degree in Law (LLB)

Tools

Contract Lifecycle Management (CLM) systems

Job description

For a well-known Islamic Bank in Bahrain we are looking for Contract Management Specialist. The Ideal Candidate will be responsible for supporting the Procurement function in the end-to-end management of commercial contracts, ensuring that all contractual arrangements are reviewed, negotiated, approved, and executed in line with the Bank’s governance framework, commercial objectives, and regulatory requirements. The role serves as the primary liaison between Procurement, Business Units, Legal, Shari’a, and external vendors, facilitating effective contract negotiations, risk management, stakeholder coordination, and contract governance. The incumbent will ensure that contractual risks are appropriately identified and mitigated while maintaining a robust contract lifecycle management process.

Key Responsibilities:

• Review and analyze vendor contracts, agreements, Statements of Work (SOWs), amendments, renewals, and related contractual documents.
• Identify contractual, commercial, and legal risks and recommend appropriate mitigation measures.
• Coordinate contract reviews and approvals with Legal, Shari’a, Business Units, and other stakeholders.
• Lead or support contractual negotiations with vendors to achieve favorable commercial and contractual outcomes.
• Ensure all agreed commercial and contractual terms are accurately reflected in final contract documents.
• Manage the contract finalization and execution process, ensuring required approvals are obtained and documented.
• Maintain contract repositories, renewal trackers, amendment records, and version control documentation.
• Monitor contract status, outstanding reviews, and upcoming expiries, providing timely reporting and escalation where required.
• Support the standardization and continuous improvement of contract templates, clause libraries, and contract governance processes.

Candidate Profile:

• Bachelor's Degree in Law (LLB) or an equivalent legal qualification.
• 5-7 years of experience in contract management, commercial contract review, and contract negotiation.
• Strong knowledge of contract drafting, legal interpretation, and risk assessment.
• Experience within banking, financial services, or other regulated industries is preferred.
• Familiarity with procurement contracting, technology agreements, outsourcing arrangements, and Contract Lifecycle Management (CLM) systems.
• Excellent negotiation, communication, stakeholder management, and analytical skills.