Contract Remediation Specialist (f/m/x)

DB Global Technology is Deutsche Bank’s technology center in Central and Eastern Europe. Since its set-up in 2013, Bucharest Technology Centre (BEX) has constantly proven its capacity to deliver global technology products and services, playing a dynamic role in the Bank’s technology transformation.

We have a robust, hands-on engineering culture dedicated to continuous learning, knowledge-sharing, technical skill development and networking. We are an essential part of the Bank’s technology platform and develop applications for many important business areas.

The Contract Remediation Specialist is responsible for vendor contract negotiation and remediation activities in support of regulatory expectations for the various remediation programs (i.e. DORA, EBA, Resolution Provisions). This position requires strong Contracts and Legal background, proven understanding of commercial contract clauses, negotiation skills and a collaborative mindset.

This includes negotiation with suppliers of non-commercial terms and conditions, drafting or revising the contract, meeting the regulatory and DB policy requirements and ensuring the formal stakeholders’ approval for the execution draft.

The Contracts Remediation Specialist represents DB towards the vendor and works effectively with internal stakeholders to secure a finally agreed contract. He/ She will be part of a cross-divisional bank-wide team, expected to work globally and ensure effective communication and engagement with stakeholders at all levels to support the overall business strategy.

Responsibilities

We are looking for motivated candidates to:

• Draft and negotiate with external vendors non-commercial (legal) contractual clauses and related changes
• Review from legal standpoint the vendors’ contracts, assess the legal risks and mitigate them by proposing alternative clauses
• Manage the contractual stages, acting as a central interface between DB Service Owner, Contract Manager, local Legal department and vendor, regarding the contract’s negotiation and alignment
• Prepare the execution copy of the contract
• Coordinate negotiation of contractual terms and conditions, inclusion of bank’s policies and procedures, identification and management of contractual risks, securing all appropriate interfaces (e.g. supplier, control functions, stakeholder, other procurement departments etc.)
• Adhere to and follow the contracts’ management process and templates
• May contribute to template development and playbooks drafting
• Establish and maintain good relationships with stakeholders inside and outside DB
• Ensure execution of activities is performed within the various Programs agreed timelines and following DB processes and systems, including appropriate reporting

Skills

• Mandatory - fluent in English (written and verbal); Proficiency in a second language ( German, Spanish, Italian) is a plus
• +5 years’ experience in drafting commercial and non-commercial contracts clauses and participation in negotiations and in vendor contract management
• Legal background is preferred
• Hands-on experience with contract remediation (i.e. DORA, EBA and other regulatory requirements) is a plus
• Critical thinking and solid analytical skills
• Strong attention to detail and accuracy in documentation and reporting
• Excellent communication and negotiation skills
• Team player with strong interpersonal skills
• High energy, with the ability to work in a fast-paced business environment
  
   

Education/Certification:
Law or Bachelor’s degree from an accredited college or university

Well-being & Benefits

Emotionally and mentally balanced: We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health.

• Empowering managers who value your ideas and decisions. Show your positive attitude, determination, and open-mindedness.
• A professional, passionate, and fun workplace.
• A modern office with fun and relaxing areas to boost creativity.
• Continuous learning culture with coaching and support from team experts.
• A culture where you can openly speak about mental health.

Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing a workplace that helps you thrive. For example, Private healthcare and life insurance with premium benefits for you and discounts for your loved ones, healthier ways of working and check-up's.

Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self-confidence and well-being.

• 24 days holiday, loyalty days, and bank holidays (including weekdays for weekend bank holidays).
• Hybrid working model with flexible working options
• Enjoy retailer discounts, cultural and CSR activities, workshops, and more.

Financially secure: We support you to meet personal financial goals during your active career and for the future.

• Competitive income, performance-based promotions, and a sense of purpose.
• Meal vouchers, bonuses for referrals

Interested in more: discover what our employees value in the Well-being & Benefits hub!

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.