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IFS

Procurement Lawyer- Legal

Posted 15 Days Ago
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In-Office
Colombo
Senior level
In-Office
Colombo
Senior level
The Procurement Lawyer will provide legal advice on procurement contracts, ensure compliance with regulations, manage risks, and collaborate across departments.
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Company Description

IFS is a billion-dollar revenue company with 7000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

Job Description

This is the perfect opportunity for a qualified Procurement Lawyer to join a truly global team, in an autonomous role with responsibility for establishing efficient processes and procedures for the governance and oversight of the legal teams engagement in procurement matters as well as handling legal matters and providing specialized legal advice in relation to the IFS Group’s procurement initiatives. 

The suitable candidate will demonstrate professional acumen, diligence, and initiative, as it will be crucial that the candidate proactively manage tasks and liaise with relevant internal departments to identify needs, respond to requests, and ensure compliance in a timely manner. The candidate will have the opportunity to work cross functionally with our international procurement team and other functions across the Group. The ideal candidate will have expertise in contract law related, procurement regulations, compliance, and risk management, including deep understanding of privacy laws, data management and AI related laws and regulations, to support the organization’s sourcing, contracting, and vendor management activities. This role requires a deep understanding of procurement policies, contract negotiations, and legal compliance to ensure the company’s procurement activities align with legal and regulatory standards. 

Key Responsibilities: 

  • Legal Support: Provide expert legal advice on procurement contracts, tenders, and agreements to ensure compliance with relevant laws and regulations as well as internal policies. 

  • Contract Drafting & Review: Draft, negotiate, and review procurement-related contracts, including vendor agreements, supply contracts, service-level agreements (SLAs), and non-disclosure agreements (NDAs), including the creation of standardized templates as required. 

  • Compliance: Ensure the organization’s procurement activities comply with local, national, and international procurement laws, including anti-bribery, anti-corruption, and fair competition rules. 

  • Risk Management: Identify and mitigate legal risks in procurement activities, advising internal stakeholders on best practices for vendor selection, contracting, and management. 

  • Privacy and data management: Identify risks in regards of privacy, data management and AI related to procurement initiatives and be able to advise on detailed privacy aspects as it relates to procurement matters. Support in data protection impact assessments (DPIAs) and other privacy and data handling related assessments. 

  • Policy and process Development: Assist in the development, implementation, and continuous improvement of, internal procurement policies and procedures, and lead efforts to introduce thresholds for legal engagement. 

  • Stakeholder Collaboration: Collaborate with procurement teams, finance, and business units to provide guidance on legal aspects of procurement strategies and vendor relationships. 

  • Training & Education: Prepare and deliver training to procurement and contract management teams to ensure awareness of legal risks, compliance requirements, processes and best practices. 

  • Due Diligence: Support in the legal due diligence process of suppliers and vendors to assess risk and ensure compliance with procurement policies. 

  • Market Monitoring: Keep up to date with changes in procurement law, regulatory developments, and market practices, advising the organization on necessary legal adaptations. 

Qualifications

  • Education: LL.B degree or bachelor’s degree in business administration 

  • Experience: Minimum [5] years of experience as a procurement lawyer or in a related field, with a strong focus on contract law, procurement regulations, and commercial agreements 

  • Technical skills: 

  • Expertise in procurement regulations, contract drafting, and negotiation  

  • Deep understanding of privacy and data management related laws and regulations in an international context. Experience of conducting data protection impact assessments (DPIAs) and other privacy and data handling related assessments 

  • Strong knowledge of compliance laws (e.g., anti-bribery, anti-corruption) 

  • Advance IT skills including Excel 

  • Soft skills:  

  • Elevated level of integrity and ethical standards 

  • Ability to work independently and pro-actively  

  • Strong attention to detail and ability to absorb and process copious quantities of information. 

  • Ability to influence and mobilize business stakeholders  

  • Advanced communication skills and ability to communicate effectively with stakeholders at all levels. 

  • Effective planning, organization and  time management skills and ability to multi-task. 

Additional Information

We embrace flexibility and hybrid work opportunities to support diverse needs and lifestyles, while also valuing inclusive workplace experiences. By fostering a sense of community, we drive innovation, strengthen connections, and nurture belonging. Our commitment ensures you can work in a way that suits you best, while also engaging with colleagues to share ideas and build meaningful relationships.

Top Skills

Excel

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