Compliance Officer – C&S Electric Limited

Compliance Officer – C&S Electric Limited

This position shall be responsible to drive & implement the Compliance programme at C&S Electric Limited (C&S), Noida, India. The individual will be primarily responsible for adhering and measuring compliance, including the assigned areas of Ethics, Anti-Corruption, Anti-Money Laundering, Anti-Trust, Data Privacy, Export Control and Human Rights. The responsibility includes ensuring that the company operates within ethical and legal framework while adhering to the company's policies and procedures.

The role will involve a matrix reporting, functionally for compliance to the Regional Compliance Officer (RCO) and administratively to the MD & CEO of C&S. The individual will be responsible for working directly with C&S’s stakeholders. This role is based in Noida, Delhi NCR. While the role is primarily to lead the compliance activities, the management of C&S may consider additional leadership responsibilities, including other governance roles to be added to this role.

Responsibilities:

The focus of this position will be to act as a business partner and business enabler, while implementing and managing an effective compliance program covering the defined risk areas. The broad areas of responsibility include, but are not limited to the following:

• Business/Stakeholder Engagement: Provide advisory and guidance to business stakeholders, employees and other corporate teams relating to Ethics & Compliance topics and emerging risk areas.
• Policies and Procedures: Adapt Siemens’ Global & Local Compliance Circular, Handbook, Policies, Guidelines & Tools, to suit C&S’s requirements. Effectively implement local guidelines & processes under supervision & guidance of Head of Compliance of SLI, if required.
• Compliance Due Diligence, Know Your Counterpart (KYC) & Background checks: Independently review & take approval decision on Compliance Due Diligence, KYC & background checks on third parties, conducted by business as per defined processes & suggest appropriate risk mitigation measures, if any.
• Risk Assessments: Conduct periodic and ongoing Compliance risk assessments to proactively identify potential areas of non-compliance and work with stakeholders to define and implement mitigation steps.
• Investigation support:Support the independent investigation team with plausibility checks, assist in implementing decisions of the lead country local disciplinary committee, monitor and track implementation of remedial actions arising out of investigations.
• Monitoring and reporting: Conduct periodic compliance monitoring and checks for defined risk areas and activities, conduct site reviews, report outcomes to local/global management, define and implement remedial actions. Also create and manage effective action plans in response to audit observations and compliance violations.
• Training and awareness: Leverage global resources and develop local content to conduct bespoke training and awareness programs to promote a culture of ethical decision making and compliance. Independently impart training & awareness on Ethics & Compliance to C&S’s stakeholders on a periodic basis.
• Prepare relevant content, drive impactful reporting and leadership engagement through period meetings of the Compliance Review Board and Board of Directors.

What you need to make a difference

• Degree or certification in law, finance, risk management, accounting, auditing, business management or related fields. Master’s degree is preferred.
• At least 10+ years of experience, preferably in manufacturing industry, high risk countries or risk, compliance, governance roles (Audit, Investigations, Risk Management, etc). Prior experience in handling Ethics & Compliance roles is mandatory.
• Experience in handling risk management, strategy, or other governance roles would be an added advantage.
• Knowledge of local and international laws relating compliance, more specifically to the assigned risk areas.
• Excellent communication and interpersonal skills, with the ability to build, influence and maintain effective relationships with internal and external stakeholders. Fluency in English language is mandatory.
• Ability to assume responsibility for multiple topics and resolve them effectively.
• Highly analytical, innovative approach using tech/data, with strong attention to detail.
• Flexibility to travel.

C&S is a majority owned subsidiary of Siemens Limited, India. C&S is one of the leading suppliers in the Low Voltage (LV) Switchgear business segment and a market leader in the busbar business. C&S’s vision is to be the most trusted and preferred choice as a Value Driven Brand for customers. C&S has 10 state-of-the-art manufacturing facilities based out of Noida and Haridwar with employee strength of 5,500+.

For further details about the company please visit https://cselectric.co.in/