SVP of Contracts directs and develops an organization's contracts administration function. Collaborates with legal team to ensure the preparation of proposals, negotiation processes, and contract administration follow company policies and adhere to legal requirements. Being an SVP of Contracts 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. Additionally, SVP of Contracts requires a bachelor's degree. Typically reports to top management. The SVP of Contracts manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. To be an SVP of Contracts typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.
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