Licensing manager

Description

Licensing managers oversee licenses and rights of a company regarding use of its products or intellectual property. They ensure that third parties comply with specified agreements and contracts, and negotiate with and maintain relationships between both parties.

Other titles

The following job titles also refer to licensing manager:

trainee international licensing manager
senior licensing manager
assistant licensing manager
graduate international licensing manager
graduate brand licensing manager
trainee licensing manager
graduate licensing and brand manager
senior international licensing manager
assistant licensing and brand manager
senior brand licensing manager
trainee brand licensing manager
trainee licensing and brand manager
graduate licensing manager
assistant international licensing manager
assistant brand licensing manager
senior licensing and brand manager

Minimum qualifications

Bachelor’s degree is generally required to work as licensing manager. However, this requirement may differ in some countries.

ISCO skill level

ISCO skill level is defined as a function of the complexity and range of tasks and duties to be performed in an occupation. It is measured on a scale from 1 to 4, with 1 the lowest level and 4 the highest, by considering:

  • the nature of the work performed in an occupation in relation to the characteristic tasks and duties
  • the level of formal education required for competent performance of the tasks and duties involved and
  • the amount of informal on-the-job training and/or previous experience in a related occupation required for competent performance of these tasks and duties.

Licensing manager is a Skill level 4 occupation.

Licensing manager career path

Similar occupations

These occupations, although different, require a lot of knowledge and skills similar to licensing manager.

online sales channel manager
import export manager in china and other glassware
import export manager in computers, computer peripheral equipment and software
import export manager in electrical household appliances
import export manager in household goods

Long term prospects

These occupations require some skills and knowledge of licensing manager. They also require other skills and knowledge, but at a higher ISCO skill level, meaning these occupations are accessible from a position of licensing manager with a significant experience and/or extensive training.

Essential knowledge and skills

Essential knowledge

This knowledge should be acquired through learning to fulfill the role of licensing manager.

Intellectual property law: The regulations that govern the set of rights protecting products of the intellect from unlawful infringement.
Contract law: The field of legal principles that govern written agreements between parties concerning the exchange of goods or services, including contractual obligations and termination.
Financial capability: Financial operations such as calculations, cost estimations, budget management taking relevant commercial and statistical data into account such as data for materials, supplies and manpower.

Essential skills and competences

These skills are necessary for the role of licensing manager.

Apply company policies: Apply the principles and rules that govern the activities and processes of an organisation.
Carry out strategic research: Research long term possibilities for improvements and plan steps to achieve them.
Establish usage policies: Establish, disseminate and update usage policies for licenses. A usage policy determines what is legally acceptable and what is not, and in which cases piracy is being committed.
Manage staff: Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet the company objectives. Monitor and measure how an employee undertakes their responsibilities and how well these activities are executed. Identify areas for improvement and make suggestions to achieve this. Lead a group of people to help them achieve goals and maintain an effective working relationship among staff.
Use different communication channels: Make use of various types of communication channels such as verbal, handwritten, digital and telephonic communication with the purpose of constructing and sharing ideas or information.
Manage licensee portofolio: Handle data and files for all licensees that use the products, trademarks or services of a company under a licensing agreement.
Abide by business ethical code of conducts: Conform and follow the ethical code of conducts promoted by companies and businesses at large. Ensure that operations and activities do comply with the code of conduct and ethical operations the supply chain throughout.
Apply strategic thinking: Apply generation and effective application of business insights and possible opportunities, in order to achieve competitive business advantage on a long-term basis.
Manage licensing fees: Handle and inspect licensing fees for a service/product provided under intellectual property right.
Monitor compliance with licensing agreements: Ensure that licensee is well aware of all terms, legal aspects and renewal aspects of the license that has been awarded.
Manage financial risk: Predict and manage financial risks, and identify procedures to avoid or minimise their impact.
Meet deadlines: Ensure operative processes are finished at a previously agreed-upon time.
Ensure compliance with purchasing and contracting regulations: Implement and monitor company activities in compliance with legal contracting and purchasing legislations.
Adhere to organisational guidelines: Adhere to organisational or department specific standards and guidelines. Understand the motives of the organisation and the common agreements and act accordingly.
Compare contractors’ bids: Compare proposals to award a contract in order to execute specified jobs within a prescribed frame of time.
Develop licensing agreements: Compose the conditions and terms related to assigning limited use rights for properties or services.
Have computer literacy: Utilise computers, IT equipment and modern day technology in an efficient way.
Build business relationships: Establish a positive, long-term relationship between organisations and interested third parties such as suppliers, distributors, shareholders and other stakeholders in order to inform them of the organisation and its objectives.
Handle financial transactions: Administer currencies, financial exchange activities, deposits as well as company and voucher payments. Prepare and manage guest accounts and take payments by cash, credit card and debit card.
Perform market research: Gather, assess and represent data about target market and customers in order to facilitate strategic development and feasibility studies. Identify market trends.
Negotiate rights of use: Negotiate with the customers the precise terms at which the service will be sold.

Optional knowledge and skills

Optional knowledge

This knowledge is sometimes, but not always, required for the role of licensing manager. However, mastering this knowledge allows you to have more opportunities for career development.

Employment law: The law which mediates the relationship between employees and employers. It concerns employees’ rights at work which are binding by the work contract.
Teamwork principles: The cooperation between people characterised by a unified commitment to achieving a given goal, participating equally, maintaining open communication, facilitating effective usage of ideas etc.

Optional skills and competences

These skills and competences are sometimes, but not always, required for the role of licensing manager. However, mastering these skills and competences allows you to have more opportunities for career development.

Speak different languages: Master foreign languages to be able to communicate in one or more foreign languages.
Build rapport with people from different cultural backgrounds: Understand and create a link with people from different cultures, countries, and ideologies without judgements or preconceptions.
Managing a business with great care: Detailed and thorough treatment of transactions, compliance with regulations and supervision of employees, safeguarding a smooth running of daily operations.

ISCO group and title

1221 – Sales and marketing managers

 

 


 

 

References
  1. Licensing manager – ESCO
Last updated on August 8, 2022