Compliance Officer - TPM JS8 at Ericsson
Aarhus, Region Midtjylland, Denmark -
Full Time


Start Date

Immediate

Expiry Date

13 Feb, 24

Salary

0.0

Posted On

14 Nov, 23

Experience

3 year(s) or above

Remote Job

No

Telecommute

No

Sponsor Visa

No

Skills

Good communication skills

Industry

Information Technology/IT

Description

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.

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;
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