Job description
Requisition ID: 815922
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
Role name and description
Associate – Contract Drafting and Abstraction
The Contract Lifecycle Management (CLM) team provides end-to-end assistance on all types of commercial contracting to the legal and business teams of large MNCs and law firms. The Pre-execution arm (or Drafting team) is set up to function as an extension of the in-house legal team and assist the contracting process from the point business requests a contract, to when the contract is approved and signed. We review and negotiate transactional contracts based on our client’s organizational policies and guidelines, get the necessary approval and get the contracts signed. Complexity or deal value are not a bar in any sense for us – we provide these services for contracts ranging from bespoke and complex to more standardized or even related administrative work. Our Post-execution arm (or Abstraction team) supports the due diligence of transactions contract through abstraction, summarization and risk analysis. This is critical to clients in M&A situations or to get an insight into their risk profile or just to ensure better day-to-day business operations. We also work in collaboration with various client stakeholders and key decision makers to operationalize legal functions for large MNCs through automation and process engineering.
The opportunity
We work with clients across industries and business lines that cover direct procurement, indirect procurement, sales and other ancillary functions
Your key responsibilities
- Associates are lawyers who understand the basic contractual and legal concepts, and are able to interpret, and review the contracts. They are also expected to have good verbal and written communication skills. Associates typically comprise the first stage of the contract review process.
- Perform first fine review, analyze and abstract a wide range of contracts, e.g. Patent License Agreements, IT Procurement Agreements, Web Hosting Agreements, Confidentiality Agreements, Software and Data License Agreements, Vendor Services Agreements, Master Services Agreements, Statements of Work, Purchase and License Agreements, Sponsor Research Agreements, Inter Institutional Agreements, Supply and Distribution Agreements, Staffing, Consulting and Teaming Agreements, Lease Agreements, Estoppels and SNDAA and other commercial contracts.
- Assist senior team members in negotiating contracts for our clients from various sectors such as Banking, Telecom, Healthcare, Aerospace, Heavy Industries, Manufacturing Companies, Finance Company, Human Resource Solutions and IT Services Industry, Universities, Film Production House, Global Web hosting Company, Power Management Company etc. Accompany seniors to client/customer negotiation calls and prepare call notes.
- Act as a team player while working with a team of lawyers within the organization as well as the clients’ legal representatives and business teams on drafting, negotiation, abstraction, and due diligence projects involving the agreements described above.
- Draft responses to parties’ stand to ensure conformity to client specifications to ensure best representation of client requirements in agreements to be reviewed by seniors.
- Contribute towards the creation of project playbooks and other knowledge tools to successfully meet client expectations.
- Confirm to deadlines on client deliverables without delays and renegotiate deadlines (when necessary) well in advance of the originally scheduled deadline; escalate client issues promptly and appropriately; consistently complete real time client call notes.
- Provide professional, timely, and prompt service and responses to the delivery managers so that they can support the client contact and the sales team.
- Attend and participate actively in mandatory and non- mandatory training and certification courses.
Skills and attributes for success
- Good analytical & logical skills
- Knowledge of English/Grammar enabling efficient comprehension of clients’ documents, codes, abstracts and other deliverables
- Good written and verbal communication skills
- Attention to detail
- Must be computer savvy and able to learn and adapt to different contract management platforms and client’s respective processes in order to be able to function smoothly and integrate with the client’s system
- Responsiveness – Sensitive to client deadlines
- Team Player – Ability to co-operate and work as a team member and encourage colleagues, maintains positive attitude, contributing to team morale
To qualify for the role, you must have
- Bachelors/Master’s degree and Law degree (LLB or LLM) from accredited, reputable institutions
- Attorney with 0-2 years of relevant contract review, redlining, negotiation, abstraction and due diligence experience (preferably in a multinational corporation, in-house legal team or law firm handling similar work)
- Specific experience in CLM technology is attractive, but not essential
What we offer
EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.
- Continuous learning:You’ll develop the mindset and skills to navigate whatever comes next.
- Success, as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture:You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
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