Vacancy for a Compliance Officer at Ericsson

Ericsson is a world-leading provider of telecommunications equipment & services to mobile & fixed network operators. Over 1,000 networks in more than 180 countries use Ericsson equipment, & more than 40 percent of the world's mobile traffic passes through Ericsson networks. Using innovation to empower people, business & society, we are working towards the Networked Society, in which everything that can benefit from a connection will have one. At Ericsson, we apply our innovation to market-based solutions that empower people & society to help shape a more sustainable world.

We are recruiting to fill the position below:     Job Title: Compliance Officer Req ID: 325962 Location: Lagos, Nigeria Categories: Legal

Job Summary

• We are looking for a Compliance Officer who has the group responsibility for the three compliance areas: Antitrust (compliance with competition law), Anti-corruption (compliance with corruption and bribery law) and anti-money laundering (compliance with AML laws).
• The Compliance Office within GF Legal Affairs & Compliance develop and maintain Ericsson’s ethics and compliance program.
• The Compliance Office also support compliance teams in the MAs or operational units, which are responsible for supporting and monitoring the execution of the ethics and compliance program in all operating units and legal entities within the countries of responsibility.

Responsibilities & Tasks

• Lead in developing a culture of compliance, setting an example for transparency and promoting an environment where speaking up in a professional manner is encouraged.
• Oversee a select group of legal entities within one or more Customer Units (CUs) that typically spans multiple countries and manage not only internal stakeholders (e.g., management, legal, ICS, sourcing and HR colleagues, compliance network) but also external stakeholders, such as customers and other third parties in relation to compliance demands.
• Provide regular updates to management teams, the compliance organization and others as needed regarding implementation of the compliance program, including relevant Key Performance Indicators (KPIs) in area of responsibility.
• Maintain a sound understanding of the local business activities and applicable laws and regulations.
• Identify local compliance priorities; plan and prioritize activities based on risk on a prescribed cycle (e.g., development of annual compliance plan).
• Ensure the publication of compliance-related Group steering documents and localize in alignment with Group where needed.
• Alongside colleagues from the headquarters, perform compliance risk assessments, reviews and monitoring.
• Supplement group trainings to ensure local requirements addressed; conduct compliance trainings and ensure appropriate monitoring of compliance training and awareness programs.
• Ensure the effective implementation of the policies and directives relating to reporting of violations and concerns.
• Utilize the case management system and lead and/or support investigations.
• Manage reporting to relevant stakeholders where applicable compliance-related reports of misconduct, investigations, and remediation efforts.
• Work with local head(s) of legal and other stakeholders to ensure that interactions with local authorities and regulators are coordinated and implement processes to identify and manage regulatory requests and deadlines.
• Assist with or conduct compliance-related merger and acquisition due diligences and execute integration activities in your countries as needed.
• Draft compliance-related reports as required by the Compliance Office and the MA Head Compliance.
• Review commercial projects to identify and mitigate compliance risks presented.
• Ensure effective implementation of Third-Party Due Diligence (TPDD) process and train functions involved in the process as well as third parties completing process as needed.
• Act as single point of contact for compliance TPDD process.
• Maintain documentation of compliant, timely and practical advice.
• Assist with assessment and management of material actual or potential conflicts of interest.

Minimum Qualification & Experience

• High level of integrity with character consistent with Ericsson values of respect, professionalism and perseverance; must be empathetic and willing to listen
• Master of Law, Business, Accounting or other university degree suitable for compliance
• Good networking ability and social skills including the ability to handle internal and external contacts, including Government authorities and regulators
• International experience and cultural awareness
• Excellent communication skills both verbally and in writing
• Independent, goal-oriented and systematic way of working
• Willingness to travel up to 30%
• Fluent in English and second language desirable.
• Working experience 8 years in compliance, legal or other relevant field (finance, audit)
• Working experience in compliance area, at least 5 years of anti-bribery and corruption compliance or addressing compliance topics
• Experience in antitrust, competition, data privacy, AML or trade compliance is a plus
• Good business knowledge/understanding.

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