Procurement Paralegal

What will be your DAY-TO-DAY?

1. Negotiating, Reviewing, and Editing Vendor Contracts

Core 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 services

o   Software and hardware

o   Facilities and corporate real estate

o   Consulting and professional services

o   Market data services

o   HR services

o   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 standards

o   Exceed the organization's risk tolerance

o   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 Management

Core 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 guidance

o   Regulatory requirements

o   Industry and market practices

o   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.

ABOUT 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/banking industry.

LANGUAGE: 

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law that may apply to this position, candidates who will apply for this position may be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA").

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity & Inclusion Vision:

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-diversity/)