Contract Risk Management Larsen & Toubro Ltd

Contract Risk Management - MRU

1. Coordinate with various internal interface points like Marketing, PMG, SCM, F&A, Insurance, Taxation, Legal, etc. for inputs on work related activities.

2. Coordinate / conduct Pre-bid, Execution and/or Close-out Risk Reviews, Maintain their MoMs and Risk Registers. Coordinate communication / reporting with Corp. Risk Mgnt Team.

3. Assist Marketing, Contract and/or Project Managers in Performing Bidding and/or Contract management function in Tendering/Proposal and/or Project Execution. Reviewing Commercial T&Cs and Drafting Commercial Queries/Deviations.

4. Support Business Teams on contractual / legal front in handling client/vendor on Extra Claims, Delivery Extensions, Disputes, Backcharges, Change Orders etc.

5. Review implementation of internal SOPs of Contract & Risk Management across IC, amend SOPs whenever required based on Business Learnings. Carryout internal audit on effective implementation of Contract & Risk Management related SOPs & Policies.

Skills & Competencies:

1. Must Haves: Commercial Acumen, Overall Business Process Understanding, Flare for Learning Contractual and Legal terms.

2. Behavioral: Ability to work with multidisciplinary teams,    Exceptional Communication skills (Verbal and Written), Must be a professional of unquestionable integrity, credibility and character. Good communication, interpersonal and negotiation skills

3. Should have thorough understanding of Heavy Engineering Business and other ICs of L&T and its overall value chain / market.

4. Should have thorough understanding of various business activities from Marketing, Procurement, PMG, Manufacturing, Logistics, etc.

5. Should have thorough knowledge and understanding about Contract Management / Commercial Terms & Conditions, Taxation, Insurance, Commodity & Currency impacts on business etc.