Head of Compliance Unit

Job Description

Date: Sep 25, 2019

Why is Ericsson a great place to work?

 

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York. Ericsson is the driving force behind the Networked Society where every person and every industry is empowered to reach their full potential. Mobility, broadband and the cloud are transforming the world, enabling industries and society to provide better services, capture new opportunities, improve businesses, increase efficiency, and create new user experiences.

Our services, software and infrastructure support every major telecom operator in the world. The transformation that this brings allows people, business, and society to fulfil their potential and build a more sustainable future.

 

 With some 115,000 employees and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. 40 percent of the world’s mobile traffic is carried over Ericsson networks. And our SEK 100 billion investment in research and development over the last three years ensure that our solutions - and our customers - are at the forefront of innovation.

 

 At Ericsson, we give our employees the freedom to think big. Your ideas and innovations can turn into achievements that impact society and change the world. Are you ready to be a change-maker? Learn what makes YOU + Ericsson a powerful combination. Join us today.

 

As the tech firm that created the mobile world, and with over 45,000 life-enhancing technologies to our name, at Ericsson we’ve made it our business to make a mark. We are on a quest, relentlessly innovating to make technology easy to adopt, easy to use and easy to scale. As a team, we are helping to solve some of society´s most complicated challenges, enabling you to be ‘the person that did that’.

We’ll help you design your future! You can choose to be an expert or a leader or both! Leveraging everything from cybersecurity to machine learning, making smart manufacturing and autonomous mines a reality. With access to hundreds of career opportunities in locations all over the world with the support to really find ‘your great’ and the ability to rediscover it, again and again.

Position Summary:

To develop and maintain policies and procedures for the operation of the Internal Compliance Program (ICP) preventing illegal, unethical, or improper conduct.  To collaborate with other departments establishing Standards of Conduct to management and employees. Responsible for Business Partner Review, including enhanced sanctioned party list screening of business partners. Responsible for support of local companies implementing and maintaining ICPs.

The Compliance Officer will support compliance teams in the operational units. This will be having the group responsibility for three compliance areas: Antitrust (compliance with competition law), Anti-corruption (compliance with corruption and bribery law) and anti-money laundering.This position reports to the Chief Compliance Officer.

 

As Head of Compliance Unit:

Main tasks

  • Lead in developing a culture of compliance, setting an example for transparency and promoting an environment where speaking up in a professional manner is encouraged.
  • Implement the Ericsson Global Compliance Management System (CMS) in the Region of responsibility. Act as primary point of contact for the leadership Team.
  • Manage not only internal stakeholders (e.g., management, compliance network) but also external stakeholders, such as customers and other third parties in relation to compliance demands.
  • Provide regular updates to management teams, the compliance organization and others, as needed, regarding implementation of the ethics and compliance program, including relevant Key Performance Indicators (KPIs) in areas of responsibility.
  • Maintain a sound understanding of the local business activities and applicable laws and regulations.
  • Provide oversight and direction in leading a team of MA Compliance Officers in the Market Area. Hire, train, motivate and coach employees, communicate job expectations, delegate responsibilities, assess employee performance and provide helpful feedback and development opportunities.
  • Establishes strategic goals for the compliance program in the MA by gathering pertinent business and compliance information and evaluating outcomes.
  • Identify local compliance priorities; plan and prioritize activities based on risk on a prescribed cycle (e.g., development of annual compliance plan).
  • Ensure Group steering documents and adopted and localized in alignment with Group as necessary.
  • Alongside colleagues from headquarters, perform and oversee compliance risk assessments, reviews and monitoring completed in the MA.
  • Supplement group trainings to ensure local requirements are addressed; conduct and ensure appropriate monitoring of compliance training and awareness programs.
  • Review commercial projects to identify and mitigate compliance risks presented.
  • Ensure effective implementation of Third-Party Due Diligence (TPDD) process and train functions involved in the process, including third parties completing process, when needed.
  • Act as single point of contact for compliance TPDD process and manage relevant review boards.
  • Maintain documentation of compliant, timely and practical advice.
  • Assist with assessment and management of material actual or potential conflicts of interest.
  • Ensure the effective implementation of the speak-up directive relating to reporting of violations and concerns.
  • Utilize the case management system and lead and/or support investigations.
  • Manage reporting to relevant stakeholders regarding compliance-related reports of misconduct, investigations, and remediation efforts, where applicable.
  • Work with local head(s) of legal and other stakeholders to ensure that interactions with local authorities and regulators are coordinated; implement processes to identify and manage regulatory requests and deadlines.
  • Assist with or conduct compliance-related merger and acquisition (M&A) due diligences and execute integration activities in countries of responsibility, as needed.
  • Draft compliance-related reports as required by the Compliance Office and other relevant stakeholders.
  • Provide a healthy and safe work environment.

 

Profile and competence requirements

  • Excellent communication, interpersonal, leadership, coaching, and conflict resolution skills.
  • Strong project management skill.
  • Master of Law, Business, Accounting or other university degree suitable for compliance.
  • Working experience 10 years in compliance, legal or other relevant field (finance, audit).
  • Working experience in compliance or other area, with at least 5 years of anti-bribery and corruption related compliance work.
  • Working experience 3 years in line management position.
  • Experience in antitrust, competition, AML, data privacy or trade compliance is a plus.
  • Good business knowledge/understanding.
  • Excellent networking ability and social skills including the ability to handle executive level internal and external contacts, including Government authorities and regulators.
  • International experience and cultural awareness.
  • Independent, goal-oriented and systematic way of working.
  • Travel up to 30%.

 

“We will not be providing a work permit/visa for this position.”

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What’s in it for you?

With over 90,000 employees across 180+ countries, we have a culture that respects and supports your ambitions, in alignment with our values of Respect, Professionalism and Perseverance. Ericsson is extremely focused on learning and development, supports mobility and flexible working hours. We are also committed to diversity and inclusion and to be a responsible and relevant driver of positive change. We also offer some awesome benefits, amazing career development and training programs to provide an empowered career in a connected world.

 

Next Steps:

 

What happens next once you apply? Read about the next steps here  

 

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This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, training and development.

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Primary country and city: Singapore (SG) || || Singapore || Consulting&SysInt

Req ID: 299933