Compliance Officer
Job descriptions & requirements
What You Bring:
• High level of integrity with character consistent with Ericsson values of respect, professionalism, and perseverance; must be empathetic and willing to listen;
• University degree suitable for compliance role;
• Working experience 7+ years in compliance, legal or other relevant field (audit, consulting, corporate intelligence); Working experience in compliance area, at least 3 years of anti-bribery and corruption compliance or addressing compliance topics;
• Experience at a recognized international third-party due diligence service provider is an advantage;
• Experience in drafting risk assessment and compliance reports;
• 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 (BPRBs) 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 the Head of Third Party Assessments;
• 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 directed, including the review of transactional documentation;
• Maintain a sound understanding of the global and local business activities, applicable laws, and regulations. Conduct training on TPM process and third-party risks. Provide regular updates to leadership teams, the compliance organization, and others, as needed, regarding third party issues;
• Carry out other activities as assigned by the Head of Third Party Assessments.
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