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Contract Manager (INDIA)

Trexquant is a growing systematic fund manager with a core team of highly accomplished technologists. We apply a wide variety of statistical and machine learning techniques to build investment portfolios and trade our client assets in global equity and futures markets.

We are hiring a Contract Manager based in India to manage procurement contracts across our global offices, including the U.S., India, and China. This position will report to the U.S. office's Legal team. In this role, you will be responsible for managing, drafting, negotiating, and maintaining a variety of procurement contracts with vendors, including technology solution providers, hardware suppliers, and professional service providers such as accounting, recruiting, and marketing. The ideal candidate will have at least 3 years of commercial contract negotiation experience, with a comprehensive understanding of U.S.commercial contracts and corporate procurement processes, and will have the ability to work independently and in an international team. 

Responsibilities

  • Draft, review, and negotiate vendor contracts, including but not limited to technology (software and hardware), professional services (accounting, recruiting, marketing), data license agreements, and other business services.
  • Manage the contract lifecycle, from initial request through execution, including contract renewals, amendments, and terminations.
  • Partner with business stakeholders to understand their needs and provide support in commercial negotiation, while ensuring compliance with company policies and applicable laws and regulations. 
  • Assist with vendor relationship management and serve as the point of contact for vendor-related contract inquiries.
  • Support the preparation of reporting, document management, and other record keeping efforts.
  • Collaborate with internal departments (Data Research, Finance, IT, and others) to ensure alignment on contractual terms, obligations, and deliverables.
  • Stay current on legal and industry trends related to procurement, technology contracts, and vendor management.
  • Maintain and organize a central repository of contracts and ensure all contracts are properly executed, filed, and tracked.
  • Bachelor's degree in Law, Finance, or a related field.  
  • Comprehensive understanding of U.S. contract law and experience working with complex contract terms and negotiations; strong attention to detail.
  • Exceptional communication, negotiation, and problem-solving skills.
  • Minimum of 3 years of experience in drafting, negotiating, and managing procurement contracts, with a focus on technology (hardware/software) and professional services (accounting, recruiting, marketing).
  • Proficient in Microsoft Office Suite and contract management software.

Preferred Qualifications

  • Previous experience working for a U.S. entity, or in the financial services or adjacent industries.
  • Previous local or international regulatory compliance related work experience. 
  • Familiarity with data licensing agreements.
  • Paralegal certification, LLB, LLM, or JD degrees.
  • Competitive salary plus bonus bonus based on individual and company performance
  • Work in a collaborative and friendly environment, participate in decision-making process for research direction, and have opportunity to lead on new ideas
  • Weekly company meals

Average salary estimate

$75000 / YEARLY (est.)
min
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$60000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Contract Manager (INDIA), Trexquant Investment

Join Trexquant, a dynamic and innovative systematic fund manager, as a Contract Manager in India! We're excited to welcome a talented individual to our team, where you'll utilize your extensive experience in commercial contract negotiation. With our headquarters in the U.S. and offices in India and China, this role is pivotal in managing procurement contracts across our global operations. As a Contract Manager, you will take the reins in drafting, negotiating, and maintaining contracts with a diverse array of vendors, including tech solution providers and professional services firms. We're looking for someone with at least three years of relevant experience, who understands U.S. commercial contracts and corporate procurement processes, and thrives in both independent and collaborative settings. Your responsibilities will include overseeing the entire contract lifecycle, assisting with vendor relationship management, and ensuring compliance with company policies and legal regulations. With your keen attention to detail and strong communication skills, you'll support our teams to align on contractual obligations. Our work environment is friendly and supportive, giving you the chance to lead new ideas and contribute meaningfully to our decision-making process. If you have a Bachelor's degree in Law, Finance, or a related field, and are proficient in Microsoft Office Suite and contract management software, we can't wait to meet you! Join us and experience a competitive salary along with bonus potential, not to mention weekly company meals that foster collaboration and camaraderie.

Frequently Asked Questions (FAQs) for Contract Manager (INDIA) Role at Trexquant Investment
What are the key responsibilities of a Contract Manager at Trexquant?

As a Contract Manager at Trexquant, your key responsibilities will include drafting, reviewing, and negotiating a wide range of vendor contracts, managing the entire contract lifecycle, partnering with various business stakeholders, and maintaining organized records of all contracts. You will also assist with vendor relationship management and ensure compliance with company policies and legal regulations.

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What qualifications are needed to apply for the Contract Manager position at Trexquant?

To apply for the Contract Manager position at Trexquant, candidates should possess a Bachelor's degree in Law, Finance, or a related field. Additionally, a minimum of three years of experience in drafting and managing procurement contracts is crucial, along with a strong understanding of U.S. contract law and exceptional communication skills.

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How does the role of Contract Manager at Trexquant support vendor relationship management?

The Contract Manager at Trexquant plays a vital role in vendor relationship management by acting as the point of contact for all vendor-related contract inquiries. You'll assist in negotiating terms that align with our company's objectives and ensure that vendors adhere to the contractual obligations, fostering a strong partnership for mutual success.

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What is the expected career progression for a Contract Manager at Trexquant?

At Trexquant, a Contract Manager can expect significant career growth opportunities. As you gain experience and demonstrate your negotiation and management skills, there's potential to take on more senior roles within the legal or procurement teams, leading larger projects or overseeing broader contractual functions across the organization.

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What benefits does Trexquant offer to its Contract Managers?

Trexquant offers a competitive salary and a performance-based bonus structure for its Contract Managers. Additionally, the work environment is collaborative and friendly, with opportunities to contribute to decision-making, lead innovative projects, and enjoy weekly company meals that strengthen team relationships.

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Common Interview Questions for Contract Manager (INDIA)
Can you explain your experience with negotiating procurement contracts?

When answering this question, highlight specific examples from your previous roles where you negotiated contracts successfully. Be sure to focus on the strategies you employed, any challenges you faced, and the outcomes you achieved, illustrating how this experience makes you a suitable candidate for the Contract Manager position at Trexquant.

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What strategies do you use to manage the contract lifecycle?

Discuss your approach to managing the contract lifecycle, which includes initial requests, drafting, negotiation, execution, and renewals or terminations. Describe the tools and methods you use for tracking, communication with stakeholders, and maintaining compliance throughout this process, showcasing your organizational skills.

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How do you ensure compliance with legal and regulatory standards in your contracts?

When addressing compliance, share your knowledge of relevant laws and regulations, and emphasize your commitment to staying updated on changes in procurement and contract law. Provide examples of how you've implemented compliance checks in your previous roles and how these practices would apply to the Contract Manager role at Trexquant.

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Describe a time when you had to handle a difficult negotiation. What was your approach?

Frame your response by recounting a specific challenging negotiation situation, outlining the initial conflict, your strategy for resolution, and the final result. Highlight communication skills, patience, and the ability to see the situation from the other party's perspective to reach a mutually beneficial outcome.

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What tools do you use for contract management and organization?

Discuss your proficiency with contract management software and other tools like Microsoft Office Suite. Share how you leverage these technologies for efficient contract organization, tracking contract statuses, and collaborating with various teams, reinforcing your technical skills relevant to the Contract Manager role.

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How do you prioritize tasks when managing multiple contracts?

Illustrate your time management skills by discussing how you assess urgency and importance when tasked with multiple contracts. Mention methods like creating priority lists, setting deadlines, and using project management tools to ensure timely execution of each contract without compromising quality.

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What do you believe are the most important qualities for a successful Contract Manager?

Emphasize qualities such as attention to detail, strong negotiation skills, excellent communication, and the ability to understand business needs. Elaborate on why these characteristics are critical for a Contract Manager at Trexquant, showcasing how your personal attributes align with these qualities.

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Can you share your experience with vendor relationship management?

Highlight your experience in managing vendor relationships, emphasizing how building strong partnerships aids in smoother negotiations and contract execution. Include examples of how you've resolved conflicts or improved collaboration through effective communication strategies.

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What challenges do you anticipate in the role of Contract Manager at Trexquant?

Consider potential challenges such as differing legal standards across countries, complex negotiation scenarios, or tight deadlines. Discuss your proactive approach to overcoming these challenges and how you plan to align with Trexquant's values and objectives while effectively managing these issues.

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How do you stay current with industry trends relevant to procurement and contract management?

Discuss the resources you use to remain informed, such as online courses, industry publications, and networking within professional groups. Emphasize your commitment to continuous learning and adapting your strategies to meet industry developments, which is important for a Contract Manager at Trexquant.

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Trexquant is a leading statistical arbitrage hedge fund headquartered in Connecticut, United States. We use thousands of short-term signals, called Alphas, to trade a broad universe of stocks with the goal of delivering strong absolute and risk-ad...

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Full-time, on-site
DATE POSTED
December 6, 2024

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