Contract remediation/ negotiations - EBA- European Banking Authority

Kelly Services India Pvt. Ltd.

We have a requirement with one of the MNC's at Gurgaon location -

**Looking for immediate joiners only

Please find the details below :

Job type - Contractual (On third party payroll - The requirement will run for a minimum period of 6 months and may further be extended for a couple of months to suit the project need.)

Profile is to support an on-going contract remediation activity for in-scope suppliers for compliance with the European Banking Authority (EBA) Outsourcing guidelines issued in 2019.

Below is a job/ role description resources are required to have a minimum experience of 4-5 years on contract remediation/ negotiations with an understanding of the EBA guidelines.

  • Have a good understanding of the EBA regulatory requirements
  • Ability to review existing contracts and comprehend key clauses like Service Level Agreements, Termination Periods, Governance requirements, insurance clauses etc.
  • Working from a template Amendment Agreement, revise the Amendment Agreement to reflect which provisions are missing from the existing agreement;
  • Engage with Barclays internal stakeholders to gather missing specific provisions in the amendment agreement
  • Issue amendment agreements to the external suppliers
  • Review supplier push backs in line with internal playbook, map supplier push backs with the existing agreement and EBA regulatory requirement
  • Negotiate those changes with the supplier, seeking guidance from Barclays counsel where necessary, in accordance with a Barclays-provided playbook.
  • Follow Barclays internal processes in relation to contract execution, maintaining adequate governance in place and having an audit trail of the contract remediated

If interested, kindly share you updated profile.

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