AM- Contract lifecycle management

EXL; Dadri; On-site; INR 600,000 - 850,000; Full time

Job summary

EXL is seeking a Contract Lifecycle Management professional with 4+ years of CLM experience. The role focuses on developing, managing, and executing contracts, coordinating with stakeholders, and ensuring compliance with internal policies and external regulations.

The candidate will maintain contract databases, utilize contract management platforms, and support legal teams in preparing documents and conducting research. A paralegal or legal studies background is preferred.

Qualifications

• Bachelor’s degree in paralegal studies, Legal Studies, or related field.
• 4+ years of CLM experience.
• Experience in contract development and management.
• Familiarity with contract approvals and stakeholder coordination.

Responsibilities

• Enter contracts into organizational database with accuracy.
• Review contract text and attachments for accuracy and compliance.
• Monitor contractual performance and ensure compliance with terms.
• Participate in contract strategy meetings to identify issues and requirements.

Education

Bachelor’s degree in paralegal studies, Legal Studies, or related field

Tools

Contract management software

e-signature tools

Share Drive / cloud storage

Job description

Experience - 4+ yrs in CLM (Contract Lifecycle Management)

Essential Functions

• Perform organizational contract development and management.
• Create contract ID for all draft and signed contracts in system in accordance with set criteria.
• Process contracts for execution/ signature in e-signature tools in accordance with set criteria
• Coordinate with stakeholders while executing contracts.
• Ensure contracts are properly approved and executed as per approval/ execution process including review of all necessary approvals i.e., legal, pricing and tax along with review of any forms before sending draft for execution.
• Ensure accuracy and appropriateness of contract text and attachments.
• Maintain an up-to-date folder wise repository at appropriate places in Share Drive and cloud or at such other new Contract Management platform from time to time in accordance with set criteria.
• Administration of contract databases/repositories using contract management software or tools
• Identify, categorize, abstract and capture key information in the specified format.
• Maintain up to date data and reports on work performed by self; share with Supervisor as and when requested; also share additional/ supporting data once requested.
• Coordinate with IT and end users on technical issues and make sure the issues are addressed resolved/fixed appropriately.
• Help in developing standards for Contract Management system, including manuals and user guides.
• Contribute to contract strategy meetings to identify issues and client requirements.
• Develop standards for contracts.
• Conduct regular trainings for end users on Contract Management system including training Account Managers on signature/ execution process.
• Ensure compliance with internal policies and procedures, external regulations and information security standards.
• Provides support in legal research, document preparation, and contract management, assisting attorneys and legal teams in various tasks.

Responsibilities-

• Ensure contracts and proposals are properly entered into organizational database
• Ensure accuracy and appropriateness of contract text and attachments
• Review contractual performance of both parties to ensure compliance with terms
• Contribute in contract strategy meetings to identify issues and client requirements
• Review different agreements for adherence to defined contract management position
• Administration of contract databases/repositories using contract management software or tools
• Ensure compliance with internal policies and procedures, external regulations and information security standards

Qualifications

Bachelor’s degree in paralegal studies, Legal Studies, or related field. 4+ Years