Compliance Officer job at Ericsson

About this opportunity:

We are looking for a Compliance Officer to support Group Function Third Party Assessments within Compliance Programs & Operations. You will be part of a dynamic team that is pivotal in maintaining Ericsson’s Ethics and Compliance (E&C) Program and responsible for providing tactical advice to employees globally on anti-bribery and corruption and fraud prevention.

The Compliance Officer be advising on the programmatic aspects of Ericsson’s Third-Party Management Program (TPM) acting as a senior subject matter expert in due diligence and third-party risk assessments. This opportunity will allow you to continue to develop and apply essential compliance skills and advance subject matter expertise in anti-bribery and corruption, fraud prevention and ethics. You will collaborate with the Market Area and Group Compliance teams, Sourcing Compliance, Sourcing and Sales teams, to mitigate third party risks.

This opportunity requires a senior compliance professional and due diligence expert with strong communication and analytical skills, who is excited about TPM. The role reports to the Head of Third Party Assessments, GFLA Compliance Programs & Operations.

Location

The applicants can apply globally. The preferred location is EMEA countries.

What you will do:

• 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.

You will 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;
• Good business knowledge/understanding and ability to analyze and distill compliance data;
• Experience with a monitorship is preferrable;
• International experience and cultural awareness;
• Strong project management and organizational skills and capability to handle shifting priorities and multiple projects at one time;
• Excellent communication skills (including the ability to handle executive level internal and external contacts).
• Independent, goal-oriented and systematic way of working;
• Proficient in English, second language desirable (Arabic, French).

Join our Team

Why join Ericsson?

At Ericsson, you’ll have an outstanding opportunity. The chance to use your skills and imagination to push the boundaries of what’s possible. To build solutions never seen before to some of the world’s toughest problems. You’ll be challenged, but you won’t be alone. You’ll be joining a team of diverse innovators, all driven to go beyond the status quo to craft what comes next.

• 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.

• High level of integrity with character consistent with Ericsson values of respect, professionalism, and perseverance; must be empathetic and willing to listen;
• Experience in drafting risk assessment and compliance reports;
• Good business knowledge/understanding and ability to analyze and distill compliance data;
• International experience and cultural awareness;
• Strong project management and organizational skills and capability to handle shifting priorities and multiple projects at one time;
• Excellent communication skills (including the ability to handle executive level internal and external contacts).
• Independent, goal-oriented and systematic way of working;
• Proficient in English, second language desirable (Arabic, French).

• 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 with a monitorship is preferrable;