Risk & Compliance Lead

UL Solutions • Northbrook, IL

289d • $104,100 - $140,000 • Hybrid

About The Position

Drive, coordinate and monitor the progress of initiatives/projects related to the remediation of audit findings or control weaknesses, gap analysis results, risk assessment results, and incidents, to minimize the impact of risk and threats to UL Solutions. Collaborate closely with project stakeholders to understand new implementations, ensuring compliance with established controls and regulatory requirements while providing consultation on the design and implementation of controls ensuring Sarbanes-Oxley (SOX) risks are adequately addressed. Provides guidance and training to staff and project teams on Financial risk management, SOX compliance and effective control design practices, ensuring a culture of compliance throughout the organization. Conduct Financial controls testing to ensure they are working as designed and in accordance with policies and procedures. Identifies issues to ensure compliance with Business general controls, SOX, and other global regulations/laws as necessary. Ensure gaps are identified and mitigated via remediation plans that adhere to UL Solutions processes including timely issue and corrective action submission, accurate root cause identification, corrective action monitoring, and on-time closure. Create detailed flowcharts to visualize processes related to new projects, highlighting key control points and risk areas to facilitate understanding among stakeholders. Maintain thorough documentation of control assessments, risk evaluations, and compliance processes, preparing reports for management review and external auditors, as necessary. Work with internal audit and other departments to ensure alignment in compliance efforts, sharing insights and recommendations for enhancing internal control systems.

Requirements

• Bachelor's Degree in Accounting or related discipline.
• Six years of directly related experience.
• Certification in CPA, CISA, CISSP, CIA or equivalent.
• Public accounting experience.
• Global public company experience.
• Proven ability to handle multiple competing goals and projects simultaneously.
• Experience with system implementations and process control design is a plus.
• Knowledge of COSO, COBIT, Sarbanes Oxley and ITIL frameworks.

Responsibilities

• Drive, coordinate and monitor the progress of initiatives/projects related to the remediation of audit findings or control weaknesses.
• Collaborate closely with project stakeholders to ensure compliance with established controls and regulatory requirements.
• Provide guidance and training to staff and project teams on Financial risk management and SOX compliance.
• Conduct Financial controls testing to ensure compliance with policies and procedures.
• Identify issues to ensure compliance with Business general controls, SOX, and other global regulations.
• Ensure gaps are identified and mitigated via remediation plans.
• Create detailed flowcharts to visualize processes related to new projects.
• Maintain thorough documentation of control assessments, risk evaluations, and compliance processes.
• Work with internal audit and other departments to ensure alignment in compliance efforts.

Benefits

• Estimated salary range of $104,100 to $140,000.
• Annual bonus compensation with a target payout of 20% of the base salary.
• Health benefits including medical, dental, and vision.
• Wellness benefits such as mental and financial health.
• Retirement savings (401K).
• Paid time off including vacation (15 days), holidays (12 days), and sick time off (72 hours).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Bachelor's degree