Contract Specialist

Contract Specialist

Full-Time 42000 - 60000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Manage vendor contracts and support marketing teams with contract processes.
  • Company: Join a global community of 175,000 investment professionals focused on ethical financial markets.
  • Benefits: Enjoy a flexible work environment with remote options and opportunities for professional growth.
  • Other info: This is a 12-month contract role based in London with work-from-home flexibility.
  • Why this job: Be part of a mission-driven company that values trust and transparency in finance.
  • Qualifications: Experience with contract management systems and strong organisational skills are preferred.

The predicted salary is between 42000 - 60000 £ per year.

Direct message the job poster from The Digital Recruitment Company

Senior Consultant @ The Digital Recruitment Company | Executive Search, Digital Recruitment: UK, Europe & New York

Job Type: 12-month contract

Location: London & WFH

The Company

The Digital Recruitment Company are working with a firm who is a global community of more than 175,000 investment professionals and they are working to build an investment industry where investors’ interests come first, financial markets function at their best, and economies grow. They are driven by the belief that lasting economic growth depends on trust, competence, and transparency in financial markets, and we know that it must be led by professionals adhering to the highest levels of ethics and investment expertise.

The Role

Serve as the initial point person/liaison in S2P for all 3rd Party Vendor Contract requests from Marketing:

  • Creates and maintains contracting log of all upcoming, pending, and renewals and terminations for all Marketing's contracts.
  • Conducts weekly meetings/calls with individual marketing contract owners, updates them on their contract status, gets inputs and details of their future contracts and updates/briefs Contract Manager.
  • Assists Marketing Chief of Staff with leading weekly Vendor Governance/Contracting Meeting.
  • Assists in creating weekly contracts pending signature reports and follows up with internal clients.

Enters all Marketing Contracts into the Contract Management System (CMS); Contract Logix is the system (experience with CMS is favorable):

  • Ensures all minimal contract details are received and input on contracts prior to entering them into the Contract Management System.
  • Ensures users adhere to policies and procedures for application and creation of contracts.
  • Advises Marketing of any contracting issues that will hit the Issues Log.
  • Manages end of life/renewals and upcoming contract amendments.

Conducts training on contracting principles, system usage, creating and reading/editing of contracts in the CMS:

  • Responsible for assisting in the drafting and editing agreements to achieve the most favorable outcomes for the organization.

Enters Purchase Orders into the Procurement system (NetSuite; experience favorable) after the contract has been approved in the contract system:

  • Tracks Purchase order through approvals, facilitates final approvals as necessary.
  • Tracks Purchase Order/Receipt of goods and/or services and records receipt in the PO system in a timely manner.

Receives Invoice, compares payment details to PO and Contract, validates accuracy and coding and forwards to Accounts Payable for processing:

  • Participates in process improvement, to facilitate the move of invoice handling to Accounts Payable.

Required Skills:

  • Job Knowledge / Effectiveness - Possesses commensurate business knowledge and skills and can apply them to the needs of the organization; seeks appropriate information, advice and authority to achieve goals; shares ideas and information with others; manages own performance effectively and takes measured risk necessary to achieve goals.
  • Critical Thinking Skills - Approaches problems conceptually and analytically; identifies and proposes solutions to problems; exercises good judgment based on balanced consideration of facts, priorities and alternatives.
  • Teamwork - Recognizes interdependencies in cross-functional projects; works collaboratively and productively with others to achieve results; works toward consensus when team decisions are required and supports team decisions; looks for opportunities to develop, maintain and strengthen partnerships with others inside and/or outside the organization.
  • Time Management - Ability to keep tasks, documents, and schedules well-organized to ensure efficient workflow. Skill in assessing tasks based on urgency and importance, allowing for effective prioritization and timely completion of critical activities.

Seniority level

Mid-Senior level

Employment type

Contract

Job function

Strategy/Planning, Project Management, and Administrative

Industries

Banking, Investment Banking, and Financial Services

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Contract Specialist employer: The Digital Recruitment Company

The Digital Recruitment Company is an excellent employer, offering a dynamic and flexible working environment in Manchester that fosters creativity and innovation. With a strong emphasis on employee growth, you will benefit from a dedicated learning budget and a supportive culture that values collaboration and professional development. Join us to lead impactful campaigns for a globally recognised organisation while enjoying a healthy work-life balance and comprehensive benefits.

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Contact Details:

The Digital Recruitment Company Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Contract Specialist

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like The Digital Recruitment Company. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Contract Specialist

Contract Management
Vendor Management
Attention to Detail
Critical Thinking Skills
Time Management
Communication Skills
Teamwork

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to The Digital Recruitment Company.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on The Digital Recruitment Company's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at The Digital Recruitment Company

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with The Digital Recruitment Company.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at The Digital Recruitment Company will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former The Digital Recruitment Company employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.