Manager Internal Controls & Risk Prevention

Purpose & Overall Relevance for the Organization:

The position is integral to the on-going focus on Corporate Governance. It aims at

1. Improving internal controls framework and its effectiveness on Market/Cluster level
2. Identifying governance and efficiency gaps in Market Europe
3. Ensuring compliance with established processes and driving continuous improvement of those processes
4. Primary objectives are the protection of company assets as well as ensuring effectiveness and efficiency of operations, reliability of reporting and compliance with applicable external laws and internal regulations
5. Leading initiatives focused on improving the efficiency, transparency and effectiveness of business processes
6. Responsible for working with management throughout the risk management lifecycle (e.g., how to identify and quantify risk as well as guidance during the decision-making process on how to manage identified risks and monitor the risk mitigating measures)
7. Participation in local Supervisory Board meetings or similar committees while maintaining the function’s status as independent 2nd line of defence for the company

Key Responsibilities:

• Raise awareness/maintain knowledge of the Global Policy Manual on local level incl. an understanding of emerging developments and addressing of recommended policy changes to Group Policies Team
• Enable local and cross-border functions to implement controls, processes and policy in an efficient, effective and legally valid manner
• Timely coordination/execution of all ICS relevant processes (e.g. testing, self-assessment training) incl. the mandatory documentation in all relevant systems and monitoring remediation of all identified control deficiencies in collaboration with local senior management
• Support/follow Group Internal Controls requests on various ICS topics
• Immediate communication of major control deficiencies to relevant stake holders
• Assist in the directing, coaching, advising and supporting of Market/Cluster teams in all aspects of Corporate Governance
• Work in close relation with the Market/Cluster teams to review, improve and harmonize processes and update policies and controls accordingly
• Monitoring of the timely implementation of needed risk mitigation measures
• Risk oriented analysis for relevant topics and processes based on issues as so-called root cause analysis or based on other relevant information
• Triggering decision processes by relevant stakeholders and upper management respective identified risks and handling of potential mitigation measures
• Develop relationships with stakeholders across all relevant functions and markets to support appropriate best practice knowledge sharing and implementation for all relevant processes
• Supporting and enabling constant improvements focusing on efficient and effective governance for the company

Key Relationships:

• Market Europe management; business and supporting functions
• Governance functions globally
• IC & PP community globally

Knowledge, Skills and Abilities:

• Experience in performing risk assessments and identifying key business and financial risks
• Effective communication and teamwork skills
• Ability to bridge strategic, tactical and operational business concepts and developments by applying an end-to-end global mindset
• Strong project management and process management skills
• Strong organizational, problem-solving, negotiation and resolution skills.
• Fluent in English and fluent in the respective local administrative language
• Previous exposure to Finance with understanding of financial processes
• Strong communication skills and high degree of stakeholder orientation
• Strong business acumen
• MS office suite of products – upper intermediate to advanced
• Travel time max. 10%

Requisite Education and Experience / Minimum Qualifications:

• Financial Audit or Business specialty - CIA/CPA/CMA qualification preferred
• University degree or tertiary education
• 4 years + professional experience in multi-national business environment
• 2 years + experience in process optimization and risk management areas