Team Lead - Contract Management | US Shift | Chennai

HCLTech; Chennai District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

HCLTech is seeking a Contract Lifecycle Management professional in Chennai to oversee the end-to-end contract process, from drafting and negotiation to execution and renewal.

The role focuses on minimizing risk, ensuring compliance, and optimizing vendor relationships through robust CLM practices using Salesforce, DocuSign, and SAP Ariba. Strong negotiation and attention to detail are required.

Qualifications

• Experience in contract administration, legal, or procurement.
• Proficiency with CLM tools like Salesforce, DocuSign, SAP Ariba.
• Strong negotiation and analytical skills.
• Attention to detail in reviewing contracts.

Responsibilities

• Drafting and negotiating: collaborate with legal and operations to draft, review, and negotiate terms.
• Contract execution: manage approval workflow and ensure timely signing and storage.
• Performance monitoring: track deliverables against SLAs, KPIs, and deadlines.
• Compliance and risk management: ensure adherence to policies and regulations, address breaches.
• Lifecycle maintenance: manage renewals, amendments, terminations to avoid gaps and costs.
• Data analysis and reporting: use CLM tools to generate reports and insights.

Skills

CLM software

Contract negotiation

Vendor management

MS Office

Analytics

Tools

Salesforce

DocuSign

SAP Ariba

Job description

Role & responsibilities

A Contract Lifecycle Management (CLM) professional oversees the entire lifecycle of contractsfrom drafting and negotiation to execution, performance monitoring, and renewal. They ensure legal compliance, reduce risk, and optimize vendor/client relationships by managing, tracking, and storing contracts in a secure repository. Key skills include attention to detail, negotiation, and CLM software proficiency.

Contract Management Overview

A Contract Lifecycle Management (CLM) professional oversees the entire lifecycle of contractsfrom drafting and negotiation to execution, performance monitoring, and renewal. They ensure legal compliance, reduce risk, and optimize vendor/client relationships by managing, tracking, and storing contracts in a secure repository. Key skills include attention to detail, negotiation, and CLM software proficiency.

Key Responsibilities

• Drafting and Negotiating: Collaborate with legal and operational teams to draft, review, and negotiate contract terms to meet business goals while minimizing risk.
• Contract Execution: Manage the approval workflow and ensure timely signing and storage of contracts in a centralized repository.
• Performance Monitoring: Track vendor/client deliverables against agreed service levels, key performance indicators (KPIs), and deadlines.
• Compliance and Risk Management: Ensure compliance with internal policies and external regulations, managing liability and addressing potential breaches.
• Lifecycle Maintenance: Proactively manage renewals, amendments, and terminations to avoid service gaps or unnecessary costs.
• Data Analysis and Reporting: Utilize CLM tools to generate reports, analyze contract data, and provide insights to support decision-making.

Required Skills and Qualifications

• Experience: Previous experience in contract administration, legal, or procurement roles.
• Technical Skills: Proficiency in CLM software (e.g., Salesforce, DocuSign, SAP Ariba), MS Office, and contract repository systems.
• Communication: Strong negotiation, interpersonal, and analytical skills.
• Attention to Detail: High level of accuracy in reviewing legal documentation.

Preferred candidate profile

Min 5 Yrs exp in Contract management

Ready to work in US shift from office for 5 days