Position Summary:

The Risk & Compliance Specialist will perform sanction screening process and anti-money laundering anti bribery and corruption due diligence process as part of the third-party risk management program. This role support and maintains procedures and controls to mitigate compliance risk. Key areas of support provided to team members include; risk management, communications, audits, training, process capability/process improvement, and compliance general support.

Major Duties and Responsibilities:

In order of importance, briefly describe, in sentence form, the major responsibilities of this position (principal duties and responsibilities of the position) as it exists today. Describe the job, not the person in the job. Each item listed below should be a major responsibility of the position, not a day-to-day activity.

Typically, job descriptions should contain no more than seven or eight major responsibilities ranked in order of highest percentage time to least.

Third Parties Due Diligence

• Perform Sanction screening and risk assessment for new and existing suppliers, and when process is enhanced, for suppliers whose information changes across the course of the year or as strategically defined by the Sanctions Compliance Program
• Reconcile, consolidate information, when necessary, to arrive at the completed Vendor Master Data list per country, per sector and work with the VMD Team as necessary to ensure accuracy of vendor information.
• Perform data quality validations and databases reconciliation to ensure accuracy and completeness.
• Perform due diligence process for Third parties prior to their activation in the Master Data & existing Third parties following a risk-based approach.
• Support Risk & Compliance to ensure that all issues identified are properly documented, discussed, and escalated as per global procedures and policies.
• Perform Data Cleansing for assigned ASPAC countries or assist in cleansing for other regions when necessary.
• Coordinate with Vendor Master Data Team when necessary to obtain additional information.
• Update the excel data bases with the metrics / KPIs for tracking purposes.
• Perform assigned ad hoc tasks or projects related to Third Party or Sanctions Compliance Program.
• Support Internal Audit and Regulatory Agencies on any documentation required in case a Due Diligence evidence is required by them Perform sanction screening process to third parties.
• Work with the Team on planning the gradual scoping in of all ASPAC countries in the cleansing and screening activities.
• Provide value to stakeholders and the team by imparting experience and perspective on how the screening process can be improved.
• In Partnership and cross collaboration with Risk & Compliance team members will assure that all Due Diligence requests are timely processed
• Support regional requestors providing guidance on documentation required to conduct the Due Diligence process.
• Collaborate to update regional policies, procedure, DTPs and work instructions to reflect current processes.

Other Duties and Responsibilities:

• Seek to continuously learn and improve knowledge and skills by identifying developmental opportunities with supervisor. Participate in appropriate training sessions and share lessons learned. Competently apply knowledge of new skills learned to existing projects and work.
• Collaborate with Enterprise Finance, Compliance, Regulatory, HCC, and other risk functions

Drive continuous improvement and identify areas of opportunity.

• Partnership and cross collaboration with all regions LATAM, EMEA, NA, ASPAC to develop a team spirit, share best practices and suggest process improvements as needed on Suppliers Due Diligence process

Qualifications:

• With 4-5 years of relevant experiences.
• Excellent written and oral communication skills and an ability to present and interact with the highest level of business leaders; Ability to build strong business partnerships; Must be proficient in the English language.
• Must possess three years of work experience in Compliance, risk management, Audit or related field.
• The ability to communicate clearly and concisely across all levels of the company is required.
• In depth knowledge of Procurement systems and processes are required.
• Preferred Area of Study Preferred experience in a support function with comprehensive understanding of compliance and control and regulatory landscape. Experience in Pharma industry is preferred
• Preferred Related Industry Experience (if applicable): Pharmaceutical, Audit/consulting - big four, Global Services is a plus.