Contract Management Specialist

About the role

A well-known Islamic bank in Bahrain is looking for a Contract Management Specialist to support the Procurement function in the end-to-end management of commercial contracts. The role ensures that contracts are reviewed, negotiated, approved and executed in line with the bank's governance framework, commercial objectives and regulatory requirements. It acts as the main link between Procurement, Business Units, Legal, Shari'a and external vendors, covering contract negotiations, risk management, stakeholder coordination and contract governance.

Key responsibilities

• Review and analyse vendor contracts, agreements, Statements of Work (SOWs), amendments, renewals and related documents.
• Identify contractual, commercial and legal risks and recommend mitigation measures.
• Coordinate contract reviews and approvals with Legal, Shari'a, Business Units and other stakeholders.
• Lead or support negotiations with vendors to secure favourable commercial and contractual outcomes.
• Ensure agreed terms are accurately reflected in final contract documents and manage their finalisation and execution.
• Maintain contract repositories, renewal trackers, amendment records and version control.
• Monitor contract status, outstanding reviews and upcoming expiries, with timely reporting and escalation.
• Support the standardisation and improvement of contract templates, clause libraries and governance processes.

Required profile

• Bachelor's degree in Law (LLB) or an equivalent legal qualification.
• 5-7 years of experience in contract management, commercial contract review and negotiation.
• Experience in banking, financial services or other regulated industries is preferred.

Required skills

• Strong knowledge of contract drafting, legal interpretation and risk assessment.
• Familiarity with procurement contracting, technology agreements, outsourcing arrangements and CLM systems.
• Negotiation, communication, stakeholder management and analytical skills.