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McDermott International, Ltd

Principal Subcontracts Specialist

London
Posted about 15 hours ago
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Job Description

Job Overview:

The Principal Subcontracts Specialist interprets internal or external business issues and recommends best practices. They will be tasked with solving complex subcontract-related problems and will work independently with minimal guidance. The Principal Subcontracts Specialist may lead functional teams or projects and is regarded as a subcontract specialist. As such, they must have in-depth expertise in subcontracts and broad knowledge of the subcontracts discipline within the subcontracts function.

Responsibilities

Key Tasks and Responsibilities:

  • Evaluate and recommend proposals by understanding rates, cost structure estimates of material, equipment services, production cost, performance requirements, and delivery schedules
  • Administer Subcontract functions for a project and bid
  • Participate in or lead subcontract management strategy development and implementation
  • Guide on subcontract management matters to site leadership and home office personnel
  • Prepare and present internal and external subcontract management presentations
  • Manage and explain contracting policies and procedures to requestors on respective projects
  • Review standard subcontracts to ensure compliance with the contracting policy before execution
  • Direct development of subcontracts and processes
  • Ensure proper handling of subcontracts, support documentation, and related files
  • Participate in internal self-audits of the subcontracting process
  • Development of procedures as required
  • Prepare subcontracting activity reports
  • Maintain direct liaison with filed Subcontract Coordinators to ensure proper administration
  • Preparation of Project specific flow-downs from the project’s prime contract
  • Understand and comply with the project sourcing strategy
  • May be appointed the key Super User with additional system responsibilities
  • Support the resolution of subcontract-related issues
  • More than just routing emails, the role will get involved to investigate the cause and address problems on a project
  • Support the subcontractor performance review and closeout process

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Qualifications

Essential Qualifications and Education:

  • Bachelor’s Degree (or equivalent) in Engineering, Supply Chain Management (or a relevant discipline)
  • 8-12 years of relevant experience
  • Minimum 6 years of Subcontracts experience in the Oil & Gas industry
  • Must have Field experience
  • Strong knowledge of subcontract policies and processes
  • Proven ability to develop, negotiate, and administer complex subcontracts and related policies
  • Demonstrate effectiveness in prioritizing multiple tasks, monitoring progress, and managing efforts to meet deadlines
  • Demonstrate effectiveness in working with others in a multifunctional team
  • Demonstrate ability to ensure compliance with subcontracts and policies
  • Experience with the bid process and bid evaluations

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About Us

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

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Skills

Subcontract Management
Contract Negotiation
Bid Evaluation
Cost Structure Analysis
Oil & Gas Industry Expertise
Compliance Monitoring
Project Sourcing Strategy
Risk Management
Vendor Performance Review
Contract Administration
Stakeholder Management
Procurement

Location

London, England, United Kingdom

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