Vendor Compliance Specialist

RWS Group • Colorado Springs, CO

6d

About The Position

In a rapidly evolving industry, businesses must adapt quickly to market realities to engender growth. Some of these realities come in the form of threats; fraudulent individuals and hackers that constantly challenge platforms, infrastructure, and processes. Others come from regulatory bodies, laws, and institutional requirements. And still others come from customers themselves, whether specified in contract or as an implicit part of a service or product that has become a matter of convention. Whatever the origin, non-compliance with these requirements exposes the business to risks of not being competitive, losing business, reputational damage, inefficiency and, in the worst-case scenario, fines and legal complications.
The scope of the Vendor Compliance Specialist function is broad, and touches on all aspects of supplier and vendor engagement. At the highest level, compliance topics can be divided into two: Legal and Financial considerations on one hand, and Commercial considerations on the other.
Compliance with the laws of the local markets in which RWS operates and with the internationally accepted standards governing global business practices is fundamental. Without it, the company cannot function. For that reason, a number of policies covering RWS’ approach to sanctions, data privacy, tax risk, and others have been developed over the years. As technology continues to change, so too will the expectations of governments and institutions in relation to its’ governance, and as a result, policies will be created and modified to meet those expectations.
Meeting the demands of customers is the top priority. Many of these are driven by circumstances unique to the clients’ own business. Some have developed as quality control mechanisms, and others are global standards. In all cases, compliance is a requirement for doing business. Often, customers or third parties will carry out audits to ensure

Requirements

• 4 Years of of experience in similar roles.
• Advanced English communication and writing skills (Advanced)
• An understanding of regulatory processes
• Up to date knowledge and awareness of market and government-imposed regulations
• Familiarity with compliance driven policies and workflows
• Ability to logically map client and regulatory driven requirements onto processes
• Ability to work autonomously in an efficient and organized manner
• Ability to build ongoing processes that can easily be classified, tracked and reported upon periodically
• Advanced level of Excel
• Solid knowledge of Business Intelligence tools, what they are and how they work (PowerBI, Sisense, etc)

Nice To Haves

• A bachelor's degree would be a plus but is not mandatory

Responsibilities

• Facilitate global projects related to legal, financial, and commercial compliance within Supply Chain.
• Assist with legal, financial, and commercial compliance processes and audits.
• Liaise with stakeholders to fine-tune workflows for highest efficiency.
• Carry out diligent tracking for reporting and monitoring results.
• Sanctions and tax risk query, audit handling and reporting.
• Vendor Sustainability support: Carbon emissions, vendor questionnaire, buyer training, policy updates, survey submission, etc.
• Coordinate and actively participate in the Supply Chain Governance Group
• Support the privacy team with data deletion requests and impact assessments

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees