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Compliance Lead

Contribute to an organisation that is the home to some of petrochemicals most innovative and cutting-edge operations, with two world-scale acetyl plants.  We are the largest producers of acetic acid in Europe. The whole chain of chemicals production is managed in Hull, from research to manufacturing, logistics and sales.

We have an exciting opportunity to lead and coordinate the INEOS Acetyls compliance agenda.  Developing and overseeing control systems to prevent or deal with violations of legal guidelines and internal policies as well as evaluating the efficiency of existing controls.  This role will help to ensure that all aspects of our business including our joint ventures are compliant with key obligations, embedding a culture of compliance and adherence to local laws, INEOS Group and INEOS Acetyls guidelines.    

The role is based in our Knightsbridge office, and reports to our Global Compliance and Credit Manager.

 

About the Opportunity

Our Compliance Lead is accountable for preparing and leading our global compliance agenda, to ensure that all our activities are documented and executed as planned. 

Driving a culture of compliance with focus on initiatives to strengthen the control environment, adhering to local laws, INEOS Group and INEOS Acetyls guidelines through leading regular compliance training across internal and stakeholders and including our JV partners.  You’ll need to maintain your vigilance with the changing regulatory requirements to ensure compliance with internal and external regulations, advising the Board when necessary.

Creating and updating INEOS Acetyls policies and procedures in accordance with internal and external requirements, and importantly embedding the understanding and adherence across all areas of our business including our JV partners.  

We’re always keen to improve and enhance how we do things so there’ll be plenty of opportunities for you to translate ideas into action, helping to develop, improve and embed a culture of compliance.

 

Key Accountabilities

  • Prepare and lead the Acetyls global compliance agenda with the Credit & Compliance Manager, agreeing with the Board, ensuring all activities during the year are documented and carried out as planned.
  • Seek out a due diligence compliance tool that is fit for purpose, bring through to fruition to be used for day-to-day screening of 3rd parties. Monitor 3rd parties, report adverse findings to all key stakeholders for Acetyls and Aromatics. Ensure record keeping is maintained.
  • Conduct deep dive assessments to verify the integrity of 3rd parties through liaising with lawyers and other external parties to provide constructive recommendations, findings and observations where required.
  • Be vigilant with the changing regulatory requirements impacting the business to ensure compliance with internal and external regulations, advising the Board when necessary.
  • Create/update INEOS Acetyls policies and procedures in accordance with internal and external requirements, embedding the understanding and adherence across the INEOS Acetyls teams.
  • Engage with Acetyls JVs on their compliance programme, influencing without direct reporting lines to ensure that they are aligned with INEOS for all aspects of compliance, including but not limited to Dawn Raids, Anti-Bribery and Corruption, Competition Law, Anti-Slavery, Sanctions and Code of Conduct for policies, procedures.
  • Drive a culture of compliance with focus on initiatives to strengthen the control environment, adhering to local laws, INEOS Group and INEOS Acetyls guidelines through leading regular compliance training. Internally and externally with the JV partners where necessary. Audit Acetyls risk areas, reporting outcomes and resolution plans where necessary to the Board. 
  • Be proactive and reactive when risk areas arise, liaise with stakeholders, report and provide resolution options to the Board.
  • Liaise with Group and other business units to ensure that we are adhering to Group policies and best practices.
  • Manage the Acetyls Gifts and Entertainment Register.
  • Respond to KYC requests from banks.
  • Work with Group Compliance to meet all information requests timely and accurately.
  • Undertake general administration and compliance related reports. 
  • Periodically perform other compliance duties, projects and activities as required by the Acetyls CFO and Global Controller.

About you

You’ll be degree qualified in either law, finance, or business administration coupled with several years proven and practical experience of applying your knowledge either in a corporate or legal environment. Knowledge of legal requirements and implementing controls and programmes. (e.g., Anti-Money Laundering).  Great stakeholder engagement and communication skills coupled with a flexible approach to provide support to our global business. 

Great stakeholder engagement and communication skills coupled with a flexible approach to provide support to our global business. 

A self-starter, methodical and diligent, you should be a confident communicator who can work with people at all levels of the organisation and beyond. You’ll be able to manage multiple priorities and deliver projects on time, with the skill of negotiating both internally and externally and with the ability to bring a high level of detailed knowledge to the discussion.

Cultural fluency and experience of working within a large matrix organisation would be advantageous and if you have experience of working within the petrochemicals or energy sector again, would be useful. 

This is an excellent opportunity for an experienced, suitably qualified and aspiring compliance professional.

 

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