Procurement Paralegal - Banking operations processing - Montreal, Quebec, Canada
Societe GeneraleResponsibilitiesWhat will be your DAY-TO-DAY?1. Negotiating, Reviewing, and Editing Vendor ContractsCore focus: Contract drafting, negotiation, risk assessment, and stakeholder alignment.Day-to-day responsibilities· Review and negotiate a wide range of procurement and vendor agreements, including:o IT serviceso Software and hardwareo Facilities and corporate real estateo Consulting and professiona
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l serviceso Market data serviceso HR serviceso Non-disclosure agreements (NDAs)· Participate in vendor negotiations alongside sourcing managers to achieve commercially and legally acceptable terms.· Analyze contractual language and identify provisions that:o Deviate from company standardso Exceed the organization's risk toleranceo Create legal, regulatory, operational, or financial exposure· Draft, edit, and redline contract clauses to align with company requirements and market standards.· Partner with Legal, Compliance, IT Risk, and other subject matter experts to resolve complex contractual issues and obtain required approvals.· Ensure contracts are legally enforceable and escalated for legal review when necessary.· Prepare risk memoranda summarizing non-standard legal and commercial terms, mitigation strategies, and approval recommendations for management.2. Document and Template ManagementCore focus: Contract governance, template maintenance, policy compliance, and process improvement.Day-to-day responsibilities· Ensure all sourcing and vendor agreements comply with company-approved templates, contractual policies, and governance requirements.· Maintain, update, and enhance standard contract templates and framework agreements based on:o Legal guidanceo Regulatory requirementso Industry and market practiceso Internal risk standards· Manage contract documentation and support accurate recordkeeping throughout the sourcing and contracting lifecycle.· Coordinate contract review workflows and facilitate timely submission to the Legal department.· Review and improve internal contracting policies, procedures, and documentation standards.· Standardize contractual language and maintain approved clause libraries and template repositories.· Support continuous improvement initiatives aimed at increasing efficiency, consistency, and compliance within the vendor contracting process.Profile requiredABOUT THE JOB:The aim of Global Banking Technology & Operations (GBTO) Canada is to deliver day-to-day services to Societe Generale (SG) investment and corporate bank units and their clients to accelerate their transformation. GBTO differentiates itself from competitors with the pace of the agile transformation delivered, spreading the technology and data culture, shortening the decision-making process, and adopting a true industrial approach, leveraging on different teams either transversal or aligned to the different sub business units.The Procurement Paralegal position is an open role within the Americas Sourcing Group at SG. The primary responsibility of this person will be to assist the Sourcing team with the negotiation and documentation of third-party vendor contracts, working with the various subject matter experts within the third-party risk management program, as well as the various business units. This role sits at the interface between the SG Sourcing team and the SG Legal department.Skills and Qualifications:Must Have:1. Minimum of 3-7 years of experience reviewing and editing vendor or commercial contracts, preferably within a Legal Department, Sourcing Department, or similar organization.2. Demonstrates excellent communication and issue identification skills, with the ability to thrive under pressure in a fast-paced environment and manage a substantial workload independently.3. Essential skills include strong communication, writing, and editing capabilities.4. Proficient understanding of US and Canadian Law.5. Capable of creative thinking and proposing effective solutions.Nice to have:Preferably possesses experience in the financial