12 general skills or competencies (Job family competencies) for Contracts Administration Manager
Skill definition-Applying the knowledge of commercial law to regulate the conduct of persons, merchants, and businesses engaged in trade, sales, and commerce.
Level 1 Behaviors
(General Familiarity)
Cites examples of laws, cases, and legal precedents impacting the business.
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Level 2 Behaviors
(Light Experience)
Assists in drafting legal opinions to analyze commercial law issues.
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Level 3 Behaviors
(Moderate Experience)
Evaluates the shifting legal landscape for applicable laws that impacts commercial agreements.
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Level 4 Behaviors
(Extensive Experience)
Advises the company on all aspects of laws and regulations applicable to commercial payments.
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Level 5 Behaviors
(Mastery)
Builds relationships with internal commercial law team to facilitate contracting process.
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Skill definition-Ensuring that the staff is following all policies and procedures in our business.
Level 1 Behaviors
(General Familiarity)
Compiles a list of compliance monitoring challenges, gaps, and regulatory needs.
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Level 2 Behaviors
(Light Experience)
Assists in reviewing documentation to ensure compliance with program and federal guidelines.
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Level 3 Behaviors
(Moderate Experience)
Administers testing programs to ensure compliance with all applicable laws and regulations.
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Level 4 Behaviors
(Extensive Experience)
Creates compliance monitoring dashboards to identify and resolve compliance issues on time.
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Level 5 Behaviors
(Mastery)
Creates overall monitoring strategies to mitigate compliance and operational risks.
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11 soft skills or competencies (core competencies) for Contracts Administration Manager
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Describes how our business makes money and our key business objectives.
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Level 2 Behaviors
(Light Experience)
Assists in designing business models and operating plans.
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Level 3 Behaviors
(Moderate Experience)
Applies technical expertise, business sense, and product knowledge to manage the product lifecycle effectively.
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Level 4 Behaviors
(Extensive Experience)
Coordinates technical and business teams to solve complex and diverse customer problems.
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Level 5 Behaviors
(Mastery)
Builds strong business partnerships internally and externally to drive "win-win" business successes.
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Skill definition-The identification, evaluation, and prioritization of various risks, followed by controlling practices to minimize any adverse impact.
Level 1 Behaviors
(General Familiarity)
Discusses the difficulties and challenges in risk management.
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Level 2 Behaviors
(Light Experience)
Compiles and maintains risk management documents to reflect the latest policies.
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Level 3 Behaviors
(Moderate Experience)
Escalates significant risks to the appropriate management to address issues.
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Level 4 Behaviors
(Extensive Experience)
Creates and updates standard operating procedures (SOP) to improve risk management efficiency and effectiveness.
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Level 5 Behaviors
(Mastery)
Constructs risk management metrics to monitor, evaluate, and improve effectiveness.
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Summary of Contracts Administration Manager skills and competencies
There are 0 hard skills for Contracts Administration Manager.
12 general skills for Contracts Administration Manager, Commercial Law, Compliance Monitoring, Contract Compliance, etc.
11 soft skills for Contracts Administration Manager, Business Acumen, Risk Management, Planning and Organizing, etc.
While the list totals 23 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Contracts Administration Manager, he or she needs to be proficient in Business Acumen, be proficient in Risk Management, and be skilled in Planning and Organizing.