Informa has established a Group Compliance Department which is responsible for the maintenance, execution and enforcement of the Group Compliance Programme. The Department acts as a technical resource, providing group wide policies and processes, as well as advice and assistance to support the business in complying with relevant compliance obligations; including interpretation of relevant laws, and guidance on the implementation of internal policies and procedures.
Reporting to the Group Compliance Senior Manager, the Group Compliance Officer will work with others in the Group Compliance and Divisional Compliance teams to help develop, implement, maintain and enforce, a risk-based response to the Group’s compliance obligations.
This role will require a good degree of technical expertise and experience in key areas such as third-party due diligence, international trade sanctions and auditing and monitoring processes and activities. The role will be expected to lead global projects and other ad-hoc initiatives to maintain a high standard of compliance resilience in these areas within the Group. When relevant, the role will also be expected to support on investigations relevant to their subject matter expertise or to support a Division and support other key Compliance projects.
This role will function as an independent and objective person that reviews and evaluates compliance monitoring, auditing and due diligence processes, as well as issues and concerns raised within the organisation in these areas. Fostering relationships at all levels in the organisation will be essential to maintain the success of the compliance programme. Collaborating with the Divisional Compliance Leads will be imperative to ensuring our initiatives are sensitive to both relevant risks and business needs of the organisation, to ensure the compliance strategy is consistently implemented across Informa.
A willingness to undertake international business travel will be an essential component in the success of this role.
- Develop a risk-based due diligence strategy that fits with current and planned Divisional procedures to ensure relevant checks and mitigating actions are made on key third party partners. This should include the assessment and tracking of the effectiveness of existing third-party management processes, identification of gaps and development of proposed mitigations to manage these, and overall analysis to ensure that our due diligence is commensurate with the risks identified by each Division and is embedded in procurement processes.
- Collaboration with the Divisions to advise and support on compliance considerations for third party due diligence processes
- Day-to-day management of the sanctions screening programme, including the process to determine true matches to a suspect name, review, analysis and advising on transactions and specific issues escalated to/from internal business units.
- Promote and protect effective screening controls and procedures to ensure that a zero-tolerance environment for sanctions breaches is maintained.
- Oversight of relationship with screening solutions partner and develop automated screening solution with SAP and Oracle
- Maintain key relationships with our shared service centres, respond to sanctions queries escalations, and developing and supporting appropriate audit procedures.
- Develop and provide reports on a regular basis, and as directed or requested, to keep the Head of Compliance, and other key stakeholders and committees, informed on the operation and progress of compliance efforts.
- Monitoring the performance of the Group Compliance Programme and related activities on a continuing basis, taking appropriate steps to improve its effectiveness
- Analysing outputs from compliance and related systems to identify risk areas and enable the programme to target resources effectively
- Identify opportunities to promote greater efficiencies within the process.
Essential Skills and Experience:
- Minimum of 3 years’ experience, including advising multinational businesses on compliance-related risks and obligations.
- Excellent organisational, communication, managerial, project management and administrative skills.
- Analytical mind and skillset with excellent attention to detail
- Ability to take initiative and solution-oriented approach
- Strong relationship building skills and ability to interact credibly and genuinely with key stakeholders (at all levels within the organisation)
- Strong interest and experience of different products and systems (used for automation)
- A high standard of technical knowledge in relation to international trade sanctions, OFAC, sanctions processes and due diligence obligations.
- Flexibility/adaptability to manage multiple wide-ranging compliance matters.
- Demonstrated ability to identify, prioritise and resolve issues promptly and effectively in a commercial and practical manner.
- Proven ability to manage and complete projects across multiple business units and commitment to work collaboratively with numerous stakeholders at all levels throughout the organisation.
- Knowledge of tendering and procurement processes, would be of benefit, but not essential
- Degree Level or equivalent