Contract Managers oversee the formulation and enforcement of Legal contracts while evaluating existing systems to ensure that they are up to date. They also negotiate contract terms with clients, suppliers and partners.
Contracts Manager Job Description
- Write and refine contracts or related paperwork for organisational processes.
- Oversee the expansion of contract-generating software.
- Establish and enforce guidelines for contract management.
- Ensure existing systems align with regulative guidelines and maintain efficacy.
- Analyse the effect of community developments on organisational decisions.
- Conduct comprehensive contract risk analyses to identify potential Legal, Financial and Operational risks.
- Manage the process of contract renewal, renegotiation and termination.
- Address and resolve any disputes or misunderstandings that arise concerning contracts.
- Regularly review and monitor compliance with all contractual obligations and ensure that all parties adhere to the terms.
Note
Contract managers work in a variety of industries, including Banking or even Entertainment! Regardless of the industry, contracts are integral to agreements and transactions. In your career, you will have the chance to encounter contracts of various natures!
What you should know about Contracts Manager jobs in Singapore
Nature of Work
You serve as the middleman between organisations and external parties, requiring both Legal and excellent people skills for diverse interactions.Key Advice
Besides Legal knowledge, you must also have in-depth knowledge of the business is crucial to managing contracts and their terms well!-
Entry RequirementsEntry Requirements
- Minimally a diploma in Legal studies, Business Administration, or a related field that provides a solid understanding of Legal concepts, business principles and contract law.
- Experience in contract management, Legal affairs or a related area, demonstrating a track record of negotiating, drafting and managing contracts effectively.
- Familiarity with contract management software and systems and general office software to efficiently manage and store contract documentation.
-
Possible PathwayPossible Pathway
Skills you need to pursue a Contracts Manager career in Singapore
Hard Skills
Knowledge of Local Legal System
Understands the local Legal regulations & standards affecting contracts efficiently.Documentation Skills
Capable of accurately creating, managing and organising contracts and related documents.Computer Proficiency
Proficient in contract management software and common office applications to streamline processes.
Soft Skills
Transdisciplinary Thinking
Applies knowledge from different disciplines to solve complex contract-related issues creatively.Decision Making
Makes informed, timely decisions considering Legal, Financial and Operational impacts.Communication
Communicates effectively with all stakeholders to negotiate terms and clarify contract details.Related Job Roles
Explore Other Programmes
Browse AllYou have bookmarked your first item!
Find it in My Discoveries with insights on your interests!