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General Information

Location:
  • City: Brussels
  • Country: Belgium
  • Region: Europe

Job Category:Legal & Compliance
Job Type:Regular
Type of Contract:Permanent
Working time:Full-time
Work schedule:Day shift
Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 24,100 employees in 64 countries, Solvay bonds people, ideas and elements to reinvent progress. The Group seeks to create sustainable shared value for all, notably through its Solvay One Planet plan crafted around three pillars: protecting the climate, preserving resources and fostering better life. The Group’s innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world’s top three companies for the vast majority of its activities and delivered net sales of €10.2 billion in 2019. Solvay is listed on Euronext Brussels (SOLB) and Paris and in the United States, where its shares (SOLVY) are traded through a Level I ADR program.

The Legal & M&A function aims at creating added value to the Group by providing, managing and coordinating quality legal service to the business community, the functions and the management in view of minimizing the Group’s legal risk and costs, reduce litigation exposure, and ensure legal compliance. It is the goal of our function and to do so efficiently, expeditiously, reliably and with professional integrity. Our areas of practice are: competition and antitrust, contracts and complex negotiations, corporate, labor and employment, environmental, litigation, M&A, regulatory law, real estate and social security.
Solvay Today
We are a science company whose technologies bring benefits to many aspects of daily life.
Our innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems.
Our Group seeks to create sustainable shared value for all, notably through its Solvay One Planet plan crafted around three pillars: protecting the climate, preserving resources and fostering better life.
Our ethical values are reflected in our Business code of Integrity.
Aiming high with Integrity is a requirement.

Job Overview and Responsibilities

The chief compliance officer (CCO) is a senior executive position that involves developing, managing, and leading the compliance professionals and team including securing compliance with our Business code of Integrity, securing the hotline, conduct internal investigations, as well as establishing and implementing governance and standards with respect to the entire organization to ensure our operations are compliant with stakeholders’ expectations and to strengthen the Group’s culture of ethics. Hence, it is important to possess extensive leadership capacity to develop, influence, direct, and manage compliance professionals and the organization at large , as well as liaise with key stakeholders, internally and externally to the company.
The CCO shall report to the ESG (Environmental, Social and Governance) Committee of the Board of Directors and from a management point of view to the Group General Counsel.

The duties include securing, optimizing and improving the company’s compliance program in line with best practice in the compliance and ethics field, leading, managing and reporting on internal investigations for the group at global level , planning and implementing remedial actions in response to investigations, and securing frequent compliance training to the organization and key external stakeholders - all in close coordination with the Group General Counsel and the other key stakeholders of the company. Further duties include collaborating on developing company policies and procedures and serving on various internal global committees. Developing an environment where people can trust our transparent compliance processes which is part of our ethical commitment. The responsibility of the CCO includes advising the Executive Leadership Team and Board of Directors on relevant needs and requirements as well as the Security & Ethics relevant committee.

The CCO reports to the Audit Committee of the Board of Directors and from a management point of view to the Group General Counsel. His team comprises a dedicated compliance officer for North America, Latin America, EMEA, and Asia, supported by
a) legal counsels in the different regions, eventually also with external counsels, who shall support as needed the compliance activities,
b) part time Global Investigators from the Security function
c) the related local HR representatives.
A Disciplinary Committee composed of the Chief People Officer and the GGC as well as the VP Security is reviewing the material compliance investigations to whom the CCO is reporting to in addition to the Security & Ethics relevant committee.

PERFORMANCE OBJECTIVES
  • Secure an ethics and compliance culture throughout the company
  • Manage a global team, building engagement, trust and collaboration
  • Identify, upstate, mitigate and monitor the Group’s ethical and compliance risks.
  • Develop, implement and manage an effective legal ethical and compliance program.
  • Design or redesign accordingly the Code of business integrity and implementation of it around the world.
  • Embeds the Group’s culture of ethics and compliance into meaningful local strategy.
  • Develop and review company policies to ensure compliance with applicable laws and regulations.
  • Advise management on the company’s compliance with laws and regulations through detailed reports.
  • Analyze and implement all applicable laws pertaining to business operations, and directly address various compliance issues.
  • Provide support and expertise to answer management and GBU needs.
  • Create and manage effective action plans in response to audit discoveries and compliance violations, investigate accordingly
  • Regularly audit company procedures, practices, and documents to identify possible weaknesses or risks.
  • Carry out periodic compliance review / risk assessments of the ethical and compliance program to ensure policies and procedures are being followed and make appropriate changes and improvements if required.
  • Provide guidance on the effective response to detected problems and propose recommendations for corrective action as appropriate.
  • Recommend the initiation of investigative procedures in response to alleged violations of rules, regulations, policies, procedures, and the Code of Business Integrity.
  • Oversees investigations with the Group General Counsel and acts as liaison with governments.
  • Liaise with legal and regulatory bodies on compliance related issues.
  • Maintains positive relationships with the authorities.
  • Provides advice & arbitration with Group General Counsel on compliance issues when needed.
  • Assess company operations to determine compliance risk.
  • Ensure all employees are educated on the latest regulations and processes.
  • Resolve employee concerns about legal compliance.
  • Remains current on regulatory news impacting business and provide regulatory watch to management and GBU’s
  • Lead compliance trainings globally
  • Annual Conflict of Interest Certification
  • Manage Speak Up hotline
  • Wrapping up biannual ABAC e-learning training
  • Participate on global committees
  • Organize Business Integrity Board meeting
  • Organize Human Rights Committee meeting
  • Organize Disciplinary Committee meeting

Education and Experience

  • Law Degree and/or Master’s degree in ethics and compliance or equivalent with at least 10 years’ experience in corporate compliance related roles, either as a compliance officer or as an attorney
  • Good knowledge of legal requirements and procedures.
  • Good knowledge of laws and regulations affecting business operations
  • Executive level oral and written communication.
  • Highly-analytical and problem solving with strong attention to detail.
  • International experience with a network of professionals to secure best practice

Skills

  • Leadership
  • Business oriented
  • Conceptual thinking
  • Strategic thinking
  • Analytical skills.
  • Negotiation
  • Problem solving

Additional Information

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Deadline: 19-01-2024

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