At a Glance
- Tasks: Support contracts from bids to completion, managing risks and negotiations.
- Company: Dynamic organisation with a focus on innovation and improvement.
- Benefits: Competitive salary, pension scheme, flexible working, and generous holiday allowance.
- Other info: Enjoy a flexible culture with opportunities for volunteering and career growth.
- Why this job: Be the commercial face of the company and drive impactful change.
- Qualifications: Degree or equivalent experience in contract management and strong communication skills.
The predicted salary is between 40000 - 50000 £ per year.
Responsibilities
- Provide full contractual and commercial support to development, approval and issuance of bids and proposals, whether in response to RFP/ITN etc or as part of the company strategy.
- Identify any commercial risk, provide input to the overall risk plan and implement effective risk mitigation.
- Lead in the negotiation of contracts.
- Manage new and existing contracts effectively, including all contract change control and support to the other functions, including contract flow-downs.
- Resolve all commercial issues promptly and effectively.
- Manage the financial aspects of the contract, including forecasting and milestone plans (including timely claim submission).
- Be the commercial face of the organisation to the customer, as the day-to-day contact and subject matter expert.
- Assure the successful completion, closedown and archive of contracts.
- Be the champion of change and improvement.
Qualifications
- Relevant degree or equivalent experience.
- Experience in reviewing and drafting contractual documents.
- Strong commercial awareness, business principles and governing law.
- Experience of commercial risk management.
- Ability to respond to tasks with tenacity and flexibility, whilst working cross‑functionally in a multi‑disciplinary team.
- Strong communicator and relationship builder with both internal and external customers.
- Ability to remain calm under pressure and collaborate with others.
- Positive, self‑motivated and the ability to work independently.
- Willingness and ability to travel occasionally.
Desirable Qualifications
- Previous experience of contracting in the Defence sector.
- Accreditation in Commercial and Supply Chain management.
- Eligible to obtain security clearance (SC) beyond baseline personnel security standard (BPSS).
- Basic programme management skill set – risk management, programme gating, metrics.
- Strong record of problem solving and dispute resolution.
- Experience of working with international suppliers or customers.
- Experience of financial management.
- Awareness of Data Protection and other relevant commercial and contract legislation.
- Familiarity with business process management tools (IPDS, SAP or similar) and the competitive bidding process.
Benefits
- Competitive salary.
- Contributory Pension Scheme (up to 10.5% company contribution).
- Life Assurance, six times salary with pension.
- 25 days holiday (increasing with service) plus statutory public holidays, plus opportunity to buy and sell up to 5 days.
- Company bonus scheme (discretionary).
- Flexible benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work, amongst others.
- Enhanced sick pay.
- Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave.
Work Culture
- 37‑hour working week, although hours may vary depending on role, job requirement or site‑specific arrangements.
- Early 1.30pm finish on Friday.
- Remote, hybrid and site‑based working opportunities, dependent on your needs and the requirements of the role.
- Up to 5 paid days volunteering each year.
- Flexible working culture focused on output, with more formal flexible working arrangements on request (assessed subject to role).
Contracts Specialist employer: Raytheon UK
As a Contracts Specialist at our company, you will thrive in a dynamic work environment that prioritises employee well-being and professional growth. With a competitive salary, generous pension contributions, and a flexible working culture, we empower our team to achieve a healthy work-life balance while engaging in meaningful projects within the Defence sector. Our commitment to employee development is reflected in our extensive benefits package and opportunities for volunteering, making us an exceptional employer for those seeking a rewarding career.
StudySmarter Expert Advice🤫
We think this is how you could land Contracts Specialist
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Raytheon UK looking for candidates who are engaged and informed.
We think you need these skills to ace Contracts Specialist
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Raytheon UK. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Raytheon UK
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Raytheon UK’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
