Government contracts require strict adherence to policies, regulations, and compliance standards to ensure transparency, accountability, and efficiency. A Governance Specialist plays a crucial role in overseeing governance frameworks, ensuring policy compliance, and supporting risk management efforts within government agencies and contracted organizations.
What does a Governance Specialist do on Government Contracts?
A Governance Specialist on a government contract ensures that programs, policies, and operations align with legal, regulatory, and contractual requirements. Their key responsibilities include:
- Policy Development & Implementation: Establishing and maintaining governance frameworks and policies.
- Regulatory Compliance: Ensuring government projects adhere to federal, state, and agency-specific regulations.
- Risk Management: Identifying and mitigating risks related to contract governance, procurement, and operations.
- Performance Monitoring: Evaluating governance effectiveness and recommending process improvements.
- Stakeholder Coordination: Working with government officials, legal teams, and contractors to maintain compliance and accountability.
Governance Specialist Job Description
Governance Specialists working on government contracts provide oversight and compliance support to ensure effective policy implementation. Their role involves:
- Developing governance frameworks and policies to guide contract execution and project operations.
- Conducting compliance assessments and audits to ensure adherence to government regulations.
- Collaborating with internal and external stakeholders to align governance strategies with project objectives.
- Analyzing potential risks and recommending strategies to improve accountability and transparency.
- Reporting on governance performance and advising on regulatory updates and best practices.
Job Requirements for a Governance Specialist
Required Knowledge, Skills, and Abilities:
- Strong understanding of government regulations, policies, and compliance frameworks.
- Experience in risk assessment, contract management, and policy development.
- Knowledge of federal procurement and governance standards (e.g., FAR, OMB guidelines).
- Strong analytical, problem-solving, and organizational skills.
- Excellent communication and stakeholder management abilities.
Educational Background and Experience:
- Bachelor’s degree in Public Administration, Business Administration, Law, or a related field.
- 3-7 years of experience in governance, compliance, or risk management roles.
- Certifications such as Certified Compliance & Ethics Professional (CCEP) or Project Management Professional (PMP) are advantageous.
Workspace/Physical Requirements:
- Office-based work with occasional travel for audits, meetings, or compliance assessments.
- Extended periods of computer work and policy analysis.
What does a typical job posting look like for a Governance Specialist?
Job Posting Example:
“We are seeking a Governance Specialist to support our government contract operations. The ideal candidate will develop governance frameworks, ensure compliance with federal regulations, and provide oversight for risk management and policy implementation.”
Essential Job Functions:
- Develop and maintain governance policies and frameworks.
- Conduct risk assessments and ensure regulatory compliance.
- Collaborate with stakeholders to improve governance and transparency in government projects.
- Monitor contract execution and adherence to federal procurement standards.
- Provide governance training and advisory support to project teams.
Salary Range
The salary for a Governance Specialist on government contracts typically ranges from $80,000 to $120,000 per year, depending on experience, certifications, and the complexity of the projects. Senior Governance Specialists may earn $130,000 or more in high-level government oversight roles.