What are the responsibilities and job description for the Director, Global Trade Compliance position at ITT?

About ITT :

ITT is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in transportation, flow, energy, aerospace and defense. The company’s differentiation is sustained through a combination of several factors : execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose as an organization : to provide our customers with cutting-edge solutions to help solve their most critical needs.

The company generated 2023 revenues of $3.3 billion and is comprised of three distinct segments :

Motion Technologies ($1.5B revenue) is a global leader in brake pads, shock absorbers and sealing solutions for the automotive and rail markets.
Industrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining and industrial markets.
Connect & Control Technologies ($0.7B) is a niche player in harsh environment connectors and control components in critical applications for the aerospace, defense and industrial markets.

ITT is headquartered in Stamford, Connecticut with over 10,000 employees in more than 35 countries and sales in approximately 125 countries.

Position Summary

ITT Inc. is seeking a talented, energetic, and self-motivated trade professional with at least 10 years of relevant experience to lead the trade compliance team as the Director, Global Trade Compliance. Reporting to the Senior Vice President and General Counsel, the Director, Global Trade Compliance is primarily responsible for ensuring the global export and import health of the enterprise through the implementation of strategies that provide direction and regulatory guidance to all three ITT Value Centers (VC’s), ensuring compliance with the ITT Code of Conduct, policies, procedures, and U.S. and international export and import law.

Essential Responsibilities

Determines and communicates appropriate management accountability and responsibility for the Global Trade Compliance function.

Provides strategic leadership and guidance on trade compliance matters to VC Presidents and Corporate leadership.

Develops and implements export and import strategy, in partnership with key internal functions like finance, tax and supply chain, across the enterprise and provides regulatory guidance to all VCs.

Directs Global Trade Compliance based on best industry practice ‘right sized’ for ITT at all VC’s relative to :

operational processes and excellence.

export licensing / classification.

export / import compliance (offsets, export and import documentation, Foreign / Free Trade Zones, Free Trade Agreements, etc.) with a specific focus on duties.

export / import violation identification / disclosure.

Specifically, the Director, Global Trade Compliance :

Designs and oversees the implementation of Global Trade Compliance strategies, and evaluates and monitors their effectiveness.

Develops and manages effective relationships with key internal functions including IT, Finance, Logistics, Tax and others in pursuit of strategies that optimize workflow, quickly integrate acquisitions, better manage cash flow, and ultimately mitigate VC costs.

Designs and monitors compliance with commercial and defense export license processes and provides direction and guidance as appropriate.

Serves as lead subject matter expert on M&A due diligence of all trade compliance matters, in conjunction with the VC trade leader.

Designs and directs the implementation of periodic internal audits to review, test, and evaluate the implementation of trade directives ensuring each VC’s import / export programs are effective, robust and in compliance with relevant laws / regulations.

Cultivates a high performing team by providing strategic direction, coaching and mentorship and the development of trade compliance professionals.

Develops a LEAN and focused trade compliance team and provides for periodic training and on-going counsel to VC staff.

Develops strategies and coordinates offset programs for all of the VC’s.

Maintains expert-level knowledge of all applicable legislation and regulations.

Reviews and updates all policies and provides direction for compliance with other laws and regulations affecting international trade, including (for example) anti-boycott regulations.

Works with regulators as appropriate and represents ITT and serves as a primary interface with government agencies on export / import compliance issues.

This position at times will require approximately 25% travel.

Position Requirements

Undergraduate degree in applicable discipline; graduate degree in related discipline strongly preferred. Blackbelt, LEAN, Six Sigma expertise and strong project management skills a plus.

15 years applicable business experience required, including some experience in global export compliance function within a defense business. Strong knowledge of principles, theories, concepts, and industry practices applicable to export / import programs.

At least 5 years of experience leading a high performing team.

Knowledge and experience with U.S. Government Procurement laws and procedures including Arms Export and Control Act and its regulations, CAS, and ITAR / EAR regulations.

Ability to gain access to appropriate government officials.

Versatility and maturity with the ability to build relationships and act as a trusted partner; confident (not arrogant).

Strategic thinker with the ability to anticipate, assess, and quantify risk objectively, and to develop appropriate strategies to mitigate.

Strong communication skills (written / oral).

Must demonstrate highest levels of ownership and accountability; works independently – initiates and coordinates projects, as needed.

A willingness to learn and dive into the details is required.

Ability to function independently.

Key Attributes : Influence

Team / individual leadership and motivation skills are essential. The successful candidate motivates others toward business goals, using a range of influencing skills and strategies as the situation requires.

Effective Communication

Excellent written, verbal communication, and presentation skills are essential. The successful candidate effectively conveys ideas and messages both formally and informally. The candidate must be able to deliver clear and persuasive messages, supply supporting facts as necessary, tailoring communications to their audience.

Conflict Management

The successful candidate will have the skill-set enabling him / her to bring differences to closure while maintaining credibility and composure. S / he encourages healthy debate as a constructive part of the decision-making process and uses collaborative techniques to resolve conflict.

Integrity

High ethical standards and a strong moral compass are imperative. Honesty, credibility, a strong sense of responsibility, and follow-through on commitments at all times.

Collaboration and Teamwork

The successful candidate believes in teamwork and identifies with the team. The candidate supports team goals over individual goals, readily collaborates with others, recognizes and values their contributions, and encourages team members to support each other.

Process Improvement

Understanding the positive impact of continuous improvement and process improvement and a strong commitment to using these business tools as appropriate, enhancing organizational excellence is critical to success in this role.

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