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)
Documents the contract terms and conditions required for proper compliance.
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Level 2 Behaviors
(Light Experience)
Conducts contract audits to aid the management in determining the source of non-compliance issues.
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Level 3 Behaviors
(Moderate Experience)
Coordinates contract and subcontract requirements with all departments to ensure compliance.
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Level 4 Behaviors
(Extensive Experience)
Manages contractual obligations to ensure compliance with agreed terms and conditions.
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Level 5 Behaviors
(Mastery)
Designs and develops various compliance contracts throughout your organization.
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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)
Discusses the strengths and weaknesses of our products and services.
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Level 2 Behaviors
(Light Experience)
Explains advantages and disadvantages of different organizational structures from an efficiency perspective.
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Level 3 Behaviors
(Moderate Experience)
Communicates financial insights that positively influence the business plan development process.
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Level 4 Behaviors
(Extensive Experience)
Evaluates and explains the financial aspects of a business initiative to different teams.
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Level 5 Behaviors
(Mastery)
Champions organizational change and digital transformation to drive higher business performance.
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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)
Explains the industry's essential products and services.
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Level 2 Behaviors
(Light Experience)
Follows and respects the industry standards and regulations.
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Level 3 Behaviors
(Moderate Experience)
Implements and troubleshoots the industry-specific technical tools and systems.
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Level 4 Behaviors
(Extensive Experience)
Educates others to enhance product and industry-specific knowledge across our business.
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Level 5 Behaviors
(Mastery)
Keeps apprised of industry trends and applies the expertise to business strategy.
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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.