What are the responsibilities and job description for the Compliance Counsel (Fully Remote) position at thyssenkrupp North America LLC?
Responsibilities:
thyssenkrupp’s Corporate Function Legal & Compliance is a bifurcated international team reporting ultimately to one Group General Counsel/Head of Legal & Compliance/Chief Legal Officer, with the Legal and Compliance groups within the team overseeing different areas of responsibility, but frequently collaborating on a variety of matters.
The Compliance half of the Legal & Compliance team has sole responsibility for so-called Core Compliance topics currently consisting of (in order of volume of work):
- Antitrust/competition law
- Trade compliance (consisting primarily of export control and economic sanctions laws and regulations; forced labor in supply chain legislation)
- Data compliance (consisting primarily of data privacy, breach, and protection laws as well as emerging laws regarding AI and algorithmic technologies)
- Prevention of money laundering and terrorist financing
- Corruption prevention and antibribery laws
The Legal & Compliance team serving North America is based out of thyssenkrupp North America, LLC (TKNA), thyssenkrupp’s corporate headquarters for North America. In addition to the Core Compliance topics referenced above, the Compliance half of the North America team also shares responsibility for M&A matters with the Legal half of the team and a separate M&A team in Germany. In addition, the Compliance half of the team plays a contributing role on so-called Further Compliance Topics, which may include FAR/DFARS compliance, supply chain legislation, and a variety of legal and regulatory requirements under US, Mexican, Canadian, and German laws.
The Compliance Counsel will report directly to the Head of Compliance North America and serve as contributor to the North America Legal & Compliance team). The Compliance Counsel will primarily support thyssenkrupp group companies throughout North America with legal advisory services relating to the above topics as well as Compliance Program related activities and services. The position will collaborate regularly with Legal & Compliance team members at the Regional Platform, as well as international Legal & Compliance colleagues located in thyssenkrupp’s various Business Segments and Corporate headquarters in Germany.
Primary duties and responsibilities are diverse and include:
- Compliance trainings, including the creation of original training material.
- Proactive outreach to management of thyssenkrupp companies and other key stakeholders in North America to raise awareness on Core Compliance Topics, activate their engagement with the Compliance Program, and support them with implementation of the Compliance Program in their respective businesses.
- Creation of original compliance communications (e.g., policies, articles, guidelines, templates, posters, presentations etc.), in particular regarding US and Canada specific topics.
- Legal advising regarding the Core Compliance topics, including with respect to due diligence of business partners, commercial contracts, major projects, implementation of Compliance in business processes (e.g., sales, procurement, HR, etc.), and M&A.
- Performance of risk assessments and other format workshops.
- Review and approval of various corporate social responsibility activities, major projects, and other transactions requiring Compliance approval as per internal guidelines.
- Documentation of Compliance Program activities and preparation of internal reporting to Corporate Headquarters.
- Management of external counsel.