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)
Names the principles and procedures of commercial law.
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Level 2 Behaviors
(Light Experience)
Supports the legal teams to provide first-class legal services.
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Level 3 Behaviors
(Moderate Experience)
Works with teams to ensure client contracts with third-party vendors comply with commercial law.
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Level 4 Behaviors
(Extensive Experience)
Reviews commercial content to ensure compliance with relevant laws, policies, and guidelines.
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Level 5 Behaviors
(Mastery)
Monitors new laws and regulations to identify those applicable to commercial compliance.
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Skill definition-Ensuring that the staff is following all policies and procedures in our business.
Level 1 Behaviors
(General Familiarity)
Identifies the guiding principles of corporate compliance monitoring.
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Level 2 Behaviors
(Light Experience)
Gathers necessary information to support compliance monitoring and assessment.
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Level 3 Behaviors
(Moderate Experience)
Performs procedure analytics and monitoring to identify potential violations.
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Level 4 Behaviors
(Extensive Experience)
Oversees the overall development and implementation of the compliance monitoring plan.
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Level 5 Behaviors
(Mastery)
Improves your organization's compliance monitoring plans by staying abreast of the latest laws and regulations.
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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)
Explains our key business strategies and priorities.
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Level 2 Behaviors
(Light Experience)
Reports and communicates market and competitor status regularly to the management team.
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Level 3 Behaviors
(Moderate Experience)
Evaluates supply chain efficiency with an eye toward improving shortcomings.
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Level 4 Behaviors
(Extensive Experience)
Optimizes business processes based on deep insight into various business unit functions.
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Level 5 Behaviors
(Mastery)
Designs and implements feedback loops to identify and promptly address business problems.
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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)
Obtains internal and external educational resources on risk management.
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Level 2 Behaviors
(Light Experience)
Logs and updates data in the risk information management system.
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Level 3 Behaviors
(Moderate Experience)
Recommends methods to control or reduce risks based on assessment results.
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Level 4 Behaviors
(Extensive Experience)
Leads root cause analysis of risk events to establish an effective feedback process.
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Level 5 Behaviors
(Mastery)
Forecasts changes in industry regulations and laws to control and minimize regulatory risk.
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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.