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Chief Compliance Officer

Sandvik Manufacturing Solutions is looking for aChief Compliance OfficerSandvik Manufacturing Solutions (SMF) is on an exciting growth journey, building the new digital era of manufacturing. Our digital manufacturing solutions automate and connect the component manufacturing value chain – from design and planning to preparation, production and verification. Our objective is to make the shift towards efficient and sustainable manufacturing. Being in the forefront in CAM and metrology software, with a global footprint and over 400,000 software licenses, we have a unique foundation to build on. Read more about us hereThe roleReporting to the Business Area Segment General Counsel (dotted line to VP, Head of Sandvik Group Compliance), the Chief Compliance Officer oversees and enhances our compliance programs, ensuring that all business units and employees adhere to legal and regulatory requirements along with our internal policies. This critical role will focus on implementing and developing compliance protocols specific to the U.S. market and industries in which we operate, working closely with senior leadership as a trusted advisor.Key performance areas• Strategic Leadership in Compliance: Drive a culture of compliance across the organization.• Compliance Program Development and Management: Develop and implement effective compliance initiatives within Sandvik’s established framework.• Risk Assessment and Mitigation: Proactively identify, assess, and manage compliance risks.• Policy and Procedure Management: Manage and update internal compliance policies to align with industry standards.• Employee Training and Development: Design and deliver compliance training programs to ensure all employees understand their obligations.• Regulatory Reporting and Liaison: Serve as the main point of contact for regulatory bodies, as well as internal Sandvik bodies.• Incident Management and Investigations: Conduct and oversee internal investigations, including whistleblower matters.• Continuous Improvement: Establish monitoring and auditing processes to enhance compliance protocols.• Stakeholder Collaboration and Cross-Functional Leadership: Engage with senior leaders and cross-functional teams, including across the Sandvik Group.• Board and Senior Management Reporting: Regularly report on compliance operations and insights.Your profileBachelor’s degree and a Master’s degree or Juris Doctor (JD) is preferred; A minimum of 8 years of experience in compliance, legal, or regulatory roles, with at least 3 years in a leadership position. Ability to travel domestically and internationally as required.Required Competencies:• Proven knowledge of software licensing compliance industry standards, preferably within manufacturing, and US-specific regulations and regulators (e.g. government contracts compliance, export controls and data privacy).• Experience developing, implementing (end-to-end), and overseeing compliance programs whilst navigating and bridging compliance programs across multiple jurisdictions and broader corporate policies to meet both the unique needs of local operations.• Proven knowledge of compliance technology and data analytics, with strong documentation and reporting skills to ensure clear, accurate compliance records and program insights.• Experience leading compliance teams and collaborating effectively across departments, with skills in mentoring and building up programmatic capacity.• Proven experience conducting and managing internal investigations such as whistle-blower matters.• Self-propelling with the ability to multi-task and prioritize workloads to meet strict deadlines.• Leadership qualities aligned with Sandvik’s core values.LocationFlexible within the United States, preferably on east coast time.BenefitsSandvik offers a comprehensive total compensation package including a competitive benefits package of health, dental and disability insurance, and a 401(k)-retirement savings plan. In addition, we provide opportunities for professional competence development and training, as well as opportunities for career advancement.How to applyFor immediate consideration, please apply online at https://intranet.sandvik.com/employmentcareer/careerandvacancies/job_opportunities/Pages/default_old.aspx the Chief Compliance Officer position, Job Requisition # R0073660 .Sandvik is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Any applicant who, because of a disability, needs accommodation or assistance in completing an application or at any time during the application process should contact Human Resources at hrsolutions.us@sandvik.com. Sandvik also provides reasonable accommodations to employees with disabilities consistent with its obligations under the law.#LI-Remote

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What You Should Know About Chief Compliance Officer, Sandvik

Are you ready to take compliance to the next level? Sandvik Manufacturing Solutions is on the lookout for a Chief Compliance Officer to join our dynamic team in Dover, NJ. This is more than just a job; it’s a chance to shape the compliance landscape in a company on the cutting edge of digital manufacturing solutions. As our Chief Compliance Officer, you will report directly to the Business Area Segment General Counsel, while also liaising with the VP, Head of Sandvik Group Compliance. Your primary mission will be to refine our compliance programs, ensuring our entire organization adheres to all legal and regulatory requirements as well as internal policies. With your vast knowledge of the compliance landscape, you'll proactively assess risks and create effective initiatives tailored to our specific market and operational needs. You'll be responsible for developing training programs to empower our employees and foster a culture of compliance throughout the organization. In collaborating with our senior leadership, you'll serve as a trusted advisor, helping manage compliance policies and procedures, and championing continuous improvement across all compliance protocols. If you possess strong leadership skills and have a proven track record in compliance or regulatory roles, we would love to hear from you and have you grow with us at Sandvik Manufacturing Solutions.

Frequently Asked Questions (FAQs) for Chief Compliance Officer Role at Sandvik
What are the primary responsibilities of the Chief Compliance Officer at Sandvik Manufacturing Solutions?

The Chief Compliance Officer at Sandvik Manufacturing Solutions is responsible for overseeing compliance programs and ensuring adherence to legal and regulatory requirements. This includes developing compliance initiatives, conducting risk assessments, managing internal policies, providing employee training, and handling incident investigations. The position requires proactive engagement with senior leadership as a trusted advisor to drive a culture of compliance across the organization.

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What qualifications are necessary for the Chief Compliance Officer role at Sandvik Manufacturing Solutions?

To qualify for the Chief Compliance Officer position at Sandvik Manufacturing Solutions, candidates should have at least a bachelor's degree, with a preferred master's degree or Juris Doctor (JD). The role demands a minimum of 8 years of experience in compliance or regulatory roles, including at least 3 years in a leadership capacity. Additionally, knowledge of software licensing compliance standards and experience in managing internal investigations are essential.

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How does the Chief Compliance Officer at Sandvik Manufacturing Solutions support employee compliance training?

The Chief Compliance Officer at Sandvik Manufacturing Solutions plays a vital role in designing and delivering compliance training programs. This ensures that all employees understand their compliance obligations and are up-to-date with the latest policies and regulations. By fostering knowledge and awareness, the Chief Compliance Officer helps maintain a culture of compliance, empowering employees to take ownership of their roles.

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What skills are critical for the Chief Compliance Officer position at Sandvik Manufacturing Solutions?

Critical skills for the Chief Compliance Officer at Sandvik Manufacturing Solutions include strong leadership abilities, effective communication, knowledge of compliance technology, and data analytics skills. The ability to navigate complex regulations and work collaboratively across departments is essential. Additionally, candidates should possess strong documentation and reporting skills to maintain clear and accurate compliance records.

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What kind of benefits does Sandvik Manufacturing Solutions offer for the Chief Compliance Officer role?

Sandvik Manufacturing Solutions offers a comprehensive benefits package for the Chief Compliance Officer role, including health, dental, and disability insurance, along with a 401(k) retirement savings plan. Additionally, the company prioritizes professional development through training opportunities, allowing employees to further their careers within the organization.

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Common Interview Questions for Chief Compliance Officer
How would you approach developing a compliance program at Sandvik Manufacturing Solutions?

In developing a compliance program, I would start by understanding Sandvik's specific needs and regulatory landscape. This involves conducting a thorough risk assessment, engaging key stakeholders, and leveraging industry best practices to create tailored compliance initiatives that align with the company's goals.

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Can you provide an example of how you managed a compliance risk in your previous role?

In my previous role, I identified a potential compliance risk related to data privacy regulations. I initiated an audit, brought together cross-functional teams, and developed a robust action plan that included training, policy updates, and regular monitoring to mitigate the risk effectively.

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How do you ensure that compliance policies are communicated effectively across an organization?

To ensure effective communication of compliance policies, I utilize multiple channels, including workshops, e-learning modules, and regular newsletters. By fostering an open dialogue and encouraging questions, I aim to create a culture where compliance is seen as a shared responsibility.

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What strategies do you use for conducting internal investigations?

For conducting internal investigations, I apply a systematic approach that includes gathering evidence, interviewing relevant parties, and maintaining confidentiality. I ensure transparency throughout the process and provide recommendations for corrective actions based on the findings.

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How do you stay updated on changes in regulatory compliance?

I stay updated on regulatory changes by subscribing to relevant industry newsletters, attending conferences, and networking with compliance professionals. I also participate in training programs that focus on emerging compliance trends and best practices.

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Describe your experience with compliance technology and data analytics.

I have extensive experience in using compliance technology and data analytics to streamline processes and enhance program effectiveness. By utilizing software solutions, I track compliance metrics, identify trends, and generate insightful reports that inform decision-making.

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How do you handle non-compliance situations within a team?

When handling non-compliance situations, I first gather relevant facts and address the issue promptly. I emphasize the importance of learning from these incidents, providing support and training where needed to prevent future occurrences while maintaining confidentiality and respect for all parties involved.

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What is your leadership style in promoting a culture of compliance?

My leadership style focuses on collaboration, open communication, and empowerment. I believe in leading by example and encouraging team members to share their compliance concerns, fostering an environment where everyone feels responsible for upholding compliance standards.

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How would you prioritize compliance initiatives at Sandvik Manufacturing Solutions?

I would prioritize compliance initiatives at Sandvik by aligning them with the company's strategic goals and assessing the potential risks involved. By conducting regular reviews and consultations with leadership, I ensure that resources are allocated effectively to address the most pressing compliance challenges.

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Why do you think compliance is essential for Sandvik Manufacturing Solutions?

Compliance is crucial for Sandvik Manufacturing Solutions as it helps safeguard the company's reputation, mitigates legal risks, and fosters trust with stakeholders. A robust compliance culture enhances operational efficiency and supports sustainable business growth in a competitive market.

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We make the shift – advancing the world through engineering. We are forward thinkers, driven by our passion to continuously innovate smarter solutions and enable important shifts. We aim to advance society and the planet, creating benefits for all...

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Full-time, remote
DATE POSTED
December 23, 2024

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