Job Description

The Japan Research Institute (JRI) Limited is a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) Group. SMBC Group is a Tokyo-based bank holding company that is ranked among the largest 25 banks globally by assets under management. JRI provides comprehensive, highly value-added information services through the coordinated application of its 3 functions. i.e. information systems, consulting and think-tank. As a system integrator, JRI offers services in IT strategy planning, implementation and outsourcing to a broad range of industries and activities. JRI Singapore currently supports the overall IT functions of Sumitomo Mitsui Banking Corporation (SMBC) in Asia Pacific Region.Job ResponsibilitiesContract Management

• Subject Matter Expert for contract related matters; act as the first point of contact for customer and business partners with respect to outsourcing vendors and project related sourcing.
• Assist project teams in drafting and review of contracts and ensure consistency and accuracy of the legal and commercial terms of contracts in the Singapore office.
• Collaborate with business units and project teams to assist with day-to day service delivery and facilitate successful contract executions.
• Involve in contract negotiations and provide professional insights and/or pragmatic solutions during contract negotiations.
• Provide contract administration support for contract management process, maintain the central contract registry and repository
• Manage and be accountable for contract inventory while partnering with business units to ensure that all contracts are maintained and up to date.
• Engage project teams, business units, management and head office to ensure that contract terms and conditions adhere to regulatory requirement and corporate policies.
• Escalate contractual, commercial and compliance potential risk to Management in timely manner
• Provide regular tracking and reporting contracts review.
• Conduct continued process review and identify opportunities for process improvements.

• Implement and execute vendor contract management processes including onboarding and offboarding processes, monitoring and governance of vendors.
• Support vendors and attend to queries on vendors management processes in accordance with company policies and guidelines.
• Perform vendor screening and outsourcing management governance including due diligence checks in accordance with company policies and local regulatory requirements
• Review, recommend and improve existing vendor and outsourcing management procedures and processes for vendor on-boarding and performance
• Keep abreast with relevant legislations

• Bachelor\'s degree in Finance, Banking, Law or Information Technology with min. 5 years of relevant working experience in managing projects and vendor management contracts
• Experienced with IT Projects or IT service agreements, and strong understanding of IT trends and implications on business
• Experienced in vendor and outsourcing or 3rd party risk management in banking industry
• Experienced in contract management processes and good understanding of contractual and commercial terms
• Familiar with industry practices and to ensure that the agreement fulfils the commercial and statutory requirements
• In-depth knowledge of MAS Notices and Guidelines, including but not limited to Guidelines on Outsourcing Risk Management
• Proficient in using Microsoft Office (MS Word, Excel & PowerPoint)
• Team player with a positive, will do attitude with a flexible yet disciplined approach
• Excellent interpersonal skills to engage a variety of external and internal stakeholders
• Strong negotiation and analytical skills
• Excellent contract writing and documentation skills
• Ability to multi-task, work under pressure and tight deadlines
• Highly flexible and adaptive to be manage varying exigencies at work
• Able to work independently or in a team to identify solutions and/or resolve issues

Sumitomo Mitsui Banking Corporation