Job Summary
We are seeking a skilled Risk & Compliance Professional to join Risk MGMT & Compliance - Global Finance Services Division
Caterpillar is looking to add a skilled Risk & Compliance Professional to our Digital, Technology & Distribution compliance team supporting the Asia Pacific Distribution (APD) Division. This is an exciting role that will support the APD Distribution Service Division (DSD) by leading an effective compliance program to help drive a compliance culture, reinforce our Values in Action and ensure the enterprise is Winning the Right Way. If you have a passion for leadership, business ethics and strategic planning, we encourage you to apply.
The preference for this role is to be based out of Chennai - Brigade World Trade Center
What you will do
- Provide leadership with the identification of relevant compliance issues in the organization in terms of both applicable policies and procedures and instances where adherence to those policies and procedures may be compromised.
- Develop, implement, and proactively monitor compliance and ethics initiatives of the Division.
- Identify potential areas of compliance vulnerability and risk; develop corrective action plans for resolution of problematic issues and provide general guidance on how to avoid or deal with similar situations in the future.
- Develop, initiate and revise policies and procedures for the general operation of the Divisions compliance program, and lead key DT&D segment compliance activities in the Region.
What you will have
- Education/Experience: Minimum of 4-year degree and relevant experience required
- Relationship Management: Knowledge of relationship management techniques; ability to establish and maintain healthy working relationships with senior leadership, clients, vendors, and peers; Conducts reviews of work effort, progress, issues, and successes; Maintains productive, long-term relationships; Empowers others to establish collaborative, healthy relationships.
- Effective Communication : Understanding effective communication concepts, tools and techniques; Ability to effectively transmit, receive, and accurately interpret information across all levels or the organization; Deliver helpful feedback that focuses on behaviors without offending the recipient; Make oral presentations to division leadership and look for and consider non-verbal cues from individuals and groups.
- Risk Management & Remediation : Knowledge of processes, tools and techniques for assessing and controlling an organizations exposure to risks of various kinds; Ability to apply knowledge of risk management appropriately to diverse situations; Implement function-wide risk management processes and tools; Design cross-functional risk management processes, tools, and audit mechanisms; Relates risk assessment models and analysis tools and processes to own business; Establish key business-specific risk management benchmarks.
- Analytical Thinking : Knowledge of techniques and tools that promote effective analysis; Ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems; Approach a situation or problem by defining the problem or issue and determining its significance; Identify the major forces, events and people impacting and impacted by the situation at hand; Use logic and intuition to make inferences about the meaning of the data and arrive at conclusions.
- Audit and Compliance Function: Knowledge of major responsibilities and tasks of Audit and Compliance (A&C) function; Ability to manage the operation of A&C function in various business environments; Facilitates compliance-related business process implementation or improvement initiatives; Fosters key relationships and dependencies among Audit, IT and other business functions.
Top Candidates Will Also Have:
- Top candidates will also have strong technical skills with the ability to leverage data, drive continuous improvement, and support informed decision making across the Division and Region.
Additional Info:
- Domestic relocation is available for those who qualify
- This position requires 5 days/week in the office, outside of business travel
- Sponsorship is not available
- Location(s): Bangalore Caterpillar PSN | Shared Services, Chennai Brigade World Trade Center
- This position requires candidate to work a 5-day -a -week schedule in the office
Skills desired:
Process Management: Knowledge of business process improvement tools and techniques; ability to understand, monitor, update, control, or enhance existing business or work processes.
Level Extensive Experience: Helps others learn the tools and techniques for process value analysis. Carries out process evaluation, diagnosis, and optimization. Demonstrates a thorough understanding of a major process flow, its components and issues. Synchronizes the efforts of, and resource requirements for, several teams within a process. Makes the business case for new processes, including their cost-benefit ratios. Possesses knowledge of tools and techniques for designing and implementing new processes. Risk Management : Knowledge of processes, tools and techniques for assessing and controlling an organizations exposure to risks of various kinds; ability to apply knowledge of risk management appropriately to diverse situations.
Level Extensive Experience: Debates the pros and cons of various risk management models. Implements function-wide risk management processes and tools. Designs cross-functional risk management processes, tools, and audit mechanisms. Measures key benefits and drawbacks for specific risk management practices. Relates risk assessment models and analysis tools and processes to own business. Establishes key business-specific risk management benchmarks. Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
Level Working Knowledge: Approaches a situation or problem by defining the problem or issue and determining its significance. Makes a systematic comparison of two or more alternative solutions. Uses flow charts, Pareto charts, fish diagrams, etc. to disclose meaningful data patterns. Identifies the major forces, events and people impacting and impacted by the situation at hand. Uses logic and intuition to make inferences about the meaning of the data and arrive at conclusions. Effective Communications : Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
Level Working Knowledge: Delivers helpful feedback that focuses on behaviors without offending the recipient. Listens to feedback without defensiveness and uses it for own communication effectiveness. Makes oral presentations and writes reports needed for own work. Avoids technical jargon when inappropriate. Looks for and considers non-verbal cues from individuals and groups. Relationship Management: Knowledge of relationship management techniques; ability to establish and maintain healthy working relationships with clients, vendors, and peers.
Level Extensive Experience: Communicates to clients regarding expectations of all parties. Participates in negotiating the terms of the business relationship. Conducts periodic reviews of work effort, progress, issues, and successes. Maintains productive, long-term relationships with clients or vendors. Creates opportunities to educate support teams on client priorities. Empowers others to establish collaborative, healthy relationships. Project Management: Knowledge of effective project management strategies and tactics; ability to plan, organize, monitor, and control projects, ensuring efficient utilization of technical and administrative resources to achieve project objectives.
Level Extensive Experience: Utilizes preferred tools, techniques and methods for estimating project cost and time. Plans, estimates, staffs, organizes and monitors significant projects. Identifies risks and vulnerabilities; creates contingency plans. Conducts regular and ad-hoc project reviews with project team, sponsors, and clients. Maintains open communication among project participants and interested parties. Communicates reporting requirements; creates monitoring and control mechanisms. Audit and Compliance Function: Knowledge of major responsibilities and tasks of Audit and Compliance (A&C) function; ability to manage the operation of A&C function in various business environment.
Level Extensive Experience: Manages one or more A&C functions or units. Facilitates compliance-related business process implementation or improvement initiatives. Implements specific organizational changes made in response to the Sarbanes-Oxley Act. Contributes to development of A&C strategies and plans. Improves key relationships and dependencies among Audit, IT and other business functions. Contributes to the establishment of best practices for A&C. Data Gathering and Reporting: Knowledge of tools, techniques and processes for gathering and reporting data; ability to practice them in a particular department or division of a company.
Level Extensive Experience: Prepares cost-benefit analyses of alternative approaches. Analyzes complex reports as revealed by the data. Teaches others the calculations necessary to capture data and develop more complex reports. Oversees multiple data-gathering and analysis initiatives. Participates in developing criteria for selecting data gathering and reporting tools and techniques for various projects. Reviews and verifies data and reports for accuracy.
