10 general skills or competencies (Job family competencies) for Top Contracts Executive
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-Ability to comply with regulations and performance of obligations within the agreement.
Level 1 Behaviors
(General Familiarity)
Cites examples of best practices for contract compliance management.
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Level 2 Behaviors
(Light Experience)
Assists in reviewing business contracts to ensure compliance with established corporate guidelines.
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Level 3 Behaviors
(Moderate Experience)
Analyzes new contracts to ensure compliance with requirements, standards, and business interests.
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Level 4 Behaviors
(Extensive Experience)
Develops established policies and procedures to ensure compliance with laws and contracts.
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Level 5 Behaviors
(Mastery)
Builds systems for monitoring contract services to ensure compliance with policies and procedures.
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11 soft skills or competencies (core competencies) for Top Contracts Executive
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)
Analyses the business impact of demographic changes; suggests effective responses.
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Level 4 Behaviors
(Extensive Experience)
Consults on the selection and adjustment of the go-to-market strategy.
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Level 5 Behaviors
(Mastery)
Builds a mentoring model to ensure a continuous increase of business sense within our business.
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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)
Cites critical statistics regarding the industry's size and influence.
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Level 2 Behaviors
(Light Experience)
Compares the operations of own department and function to the industry best practices.
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Level 3 Behaviors
(Moderate Experience)
Communicates industry and market trends affecting business operations to internal stakeholders.
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Level 4 Behaviors
(Extensive Experience)
Anticipates client needs using business and industry expertise to maximize competitive advantage.
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Level 5 Behaviors
(Mastery)
Contributes to industry association white papers, standards, and regulations.
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Summary of Top Contracts Executive skills and competencies
There are 0 hard skills for Top Contracts Executive.
10 general skills for Top Contracts Executive, Commercial Law, Contract Compliance, Contract Management, etc.
11 soft skills for Top Contracts Executive, 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 Top Contracts Executive, he or she needs to be skilled in Business Acumen, be skilled in Industry Knowledge, and be skilled in Risk Management.