Technology/Procurement Counsel

Overview:

The Director – Counsel role for Sumitomo Mitsui Banking Corporation will work within the Legal Department.

Primary responsibilities will involve the negotiation and documentation of third-party vendor contracts, working with the vendor risk assessment process and team, as well as the various business units, including but not limited to, Information Technology team, Human Resources, Facilities, and Corporate Services.

Responsibilities:

Providing Contracts Review, Negotiation, and Documentation

Review, negotiate, and document various technology agreements, procurement and vendor contracts, which may include: supplier agreements for IT services, software, hardware, and systems, facilities, and professional services; non-disclosure agreements; and various other vendor agreements to support the business.

Issue-spotting, researching and appropriately escalating risks and concerns that may exist with any potential technology agreement or vendor contract, for example, intellectual property, data privacy, and information security and cybersecurity concerns.

Provide strategic, commercially pragmatic, and transparent advice to the business clients. Work with the transactional attorneys on IT/IP issues, and assist the Bank’s operations on contractual issues and template documents (online banking, account opening, electronic signatures, etc.)

Review, update, and maintain the procurement and vendor agreement templates in line with market practice and SMBC’s legal and business needs. Liaise with the procurement and vendor risk assessment team with respect to vendor contracts.

Collaborate with other functional partners to ensure appropriate awareness and escalation of issues as they arise while being sensitive to confidentiality restrictions.

Review of internal policies and procedures as needed to improve the vendor contracts process.

Creating contract abstracts, summarizing key points/dates.

Qualifications:

4 years minimum experience reviewing and drafting technology and vendor contracts, or working with procurement or IT services legal documentation. Prior in-house experience and/or experience with technology vendor contracts a significant plus.

Admission to the NY Bar (or clear qualification of eligibility for waiving in from another jurisdiction with which NY has reciprocity) and a member of good standing of such Bar.

Familiarity and expertise with IT and IP-related legal documentation.

Excellent communication skills, technical drafting skills, and issue-spotting skills. Ability to work under pressure, operate comfortably in a fast-paced, demanding environment, and manage a significant workload with minimal supervision. Ability to think creatively and propose solutions.

Ability to work with people from regions around the world.

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