Skills & Competencies for SVP of Contracts

SVP of Contracts job profile

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JOB SUMMARY for SVP of Contracts

Directs and develops an organization's contracts administration function.

JOB RESPONSIBILITIES for SVP of Contracts

Collaborates with legal team to ensure the preparation of proposals, negotiation processes, and contract administration follow company policies and adhere to legal requirements. Directs the development of policies and processes that govern the contract administration staff and provide guidance on contract terms and the assessment of contract proposals. Utilizes expert knowledge of the contract life cycle, types of contracts, and applicable government regulations to lead and develop strategies for negotiation of complex or high-value contracts to meet business objectives.

SVP of Contracts SALARY RANGE

BASE 50%
$263,814
TOTAL 50%
$318,071
Job Level
M06
Job Code
EX05000108
Education/Degree
Bachelor's Degree
Reports To
Top Management

SVP of Contracts Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each SVP of Contracts skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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10 general skills or competencies (Job family competencies) for SVP of Contracts

1 Job Family Competencies – Commercial Law
Proficiency Level -3
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)
Compiles a list of some common commercial law legal issues.
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Level 2 Behaviors
(Light Experience)
Assists in reviewing commercial contract agreements to identify potential conflicts.
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Level 3 Behaviors
(Moderate Experience)
Identifies any potential defects in commercial law by examining legal documents.
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Level 4 Behaviors
(Extensive Experience)
Oversees the contract negotiation process between two businesses to ensure conditions meet business needs.
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Level 5 Behaviors
(Mastery)
Creates internal policies to provide legal shelter for commercial businesses.
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2 Job Family Competencies – Contract Compliance
Proficiency Level -3
Skill definition-Ability to comply with regulations and performance of obligations within the agreement.
Level 1 Behaviors
(General Familiarity)
Describes the concepts of conformance with regulations and obligations in contract compliance.
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Level 2 Behaviors
(Light Experience)
Assists management in identifying and mitigating risks while ensuring compliance with all contract terms.
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Level 3 Behaviors
(Moderate Experience)
Checks the business contracts to ensure effectiveness and compliance with policies and procedures.
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Level 4 Behaviors
(Extensive Experience)
Evaluates contractual performance to check compliance and conflicts requiring resolution at contract renewal.
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Level 5 Behaviors
(Mastery)
Creates a robust process to measure and enforce contract compliance.
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3 SVP of Contracts - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - SVP of Contracts
Proficiency Level - 4
5 Competency for - SVP of Contracts
Proficiency Level - 5

11 soft skills or competencies (core competencies) for SVP of Contracts

1 Core Competencies – Business Acumen
Proficiency Level -3
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 the market conditions that impact the business.
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Level 2 Behaviors
(Light Experience)
Collects and compiles competitor information for competitive analysis.
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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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2 Core Competencies – Industry Knowledge
Proficiency Level -3
Skill definition-Demonstrating thorough knowledge of the industry's value chain, business, issues, trends, etc., and the ability to apply them appropriately.
Level 1 Behaviors
(General Familiarity)
Describes the entire value chain of the industry.
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Level 2 Behaviors
(Light Experience)
Documents industry and domain knowledge in appropriate documentation systems.
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Level 3 Behaviors
(Moderate Experience)
Gathers and analyses market intelligence to drive operational optimization.
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Level 4 Behaviors
(Extensive Experience)
Demonstrates intimate knowledge of industry and market trends to provide business insights.
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Level 5 Behaviors
(Mastery)
Establishes organizational policies and processes to seek out and understand industry dynamics.
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3 SVP of Contracts - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - SVP of Contracts
Proficiency Level - 4
5 Competency for - SVP of Contracts
Proficiency Level - 5

Summary of SVP of Contracts skills and competencies

There are 0 hard skills for SVP of Contracts..
10 general skills for SVP of Contracts, Commercial Law, Contract Compliance, Contract Management, etc.
11 soft skills for SVP of Contracts, Business Acumen, Industry Knowledge, Risk Management, etc.
While the list totals 21 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 SVP of Contracts, he or she needs to be skilled in Business Acumen, be skilled in Industry Knowledge, and be skilled in Risk Management.

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