Ericsson Compliance Officer Job

Compliance Officer Job, Current Legal Jobs In Kenya,

About this opportunity

The Compliance Officer reporting in the line organization Group Function TPM Due Diligence Unit within Third-Party Management is primarily responsible for designing, implementing, and advising on the programmatic aspects of Ericsson’s Third-Party Management Program and acts as a senior subject matter expert.

General

Compliance Office has the group responsibility for three compliance areas: Antitrust (compliance with competition law), Anti-corruption (compliance with corruption and bribery law) and Anti- Money Laundering.

The Compliance Office within Group Function (GF) Legal Affairs & Compliance develop and maintain Ericsson’s ethics and compliance program. Also support compliance teams in the Market Areas or operational units, responsible for supporting and supervising the execution of the program in all operating units and legal entities within the countries of responsibility.

Responsibilities

Support Ericsson’s Third-Party Management program;

• Independently lead due diligence activities on third parties including reviewing due diligence assessments, identifying red flags, proposing mitigation measures, drafting of related reports. Perform third-party compliance risk assessments and ongoing monitoring;
• Support Business Partner Review Boards at Group and/or Market level as assigned. Present reports to Business Partner Review Boards or to Heads of Market Area Compliance. Act as an assigned liaison when appointed as needed;
• Manage internal stakeholders (e.g. management, compliance network) and external partners (e.g. third parties under review) in relation to compliance demands. Lead and handle external providers (external counsel and due diligence providers) as appropriate. Coordinate with, and respond to feedback from, multiple partners involved in TPM process;
• Collect and assess due diligence material including questionnaires, online research, and external reports. Conduct interviews with Global Fortune 500 counterparty organizations as part of compliance verification. Attend and contribute to onsite third- party audits as needed;
• Draft compliance-related reports as required by Compliance Manager, Third Party Assessment;
• Contribute to the development of risk mitigation strategies and to the strengthening the internal control system;
• Ensure accurate documentation of risk assessments and related risk-mitigation plans and implementation;
• Conduct transaction monitoring and testing as advised, including the review of transactional documentation;
• Maintain a sound understanding of the global and local business activities, applicable laws, and regulations. Provide regular updates to leadership teams, the compliance organization, and others regarding third party issues;

Qualifications

• University degree or equivalent suitable for compliance;
• Proficient in English, second language desirable;
• 3-5 years of experience in compliance, legal or other relevant field (audit, consulting, corporate intelligence)
• Experience at a recognized international third-party due diligence service provider is an advantage;
• Experience in drafting risk assessment and compliance reports;
• Experience with a monitorship is preferable;
• International experience and cultural awareness is a plus;
• Independent, goal-oriented and systematic way of working;
• High level of integrity with character consistent with Ericsson values of respect, professionalism, and perseverance; must be empathetic and willing to listen;
• Excellent communication skills (including the ability to handle executive level internal and external contacts)
• Willingness to travel up to 20%.

Last day to apply: 20th of October 2023

How To Apply

Click Here To Apply