Job Information
General Electric Compliance Operations Leader - Wind in Schenectady, New York
Job Description Summary
The Compliance Operations role will be responsible for developing and managing core compliance processes and the compliance assurance program including risk assessments, training and communications, monitoring and testing, third party compliance and implementing corrective actions. The role will be based in Onshore Wind and will report to the Chief Compliance Officer for GE Vernova Wind business. The work completed in this role will provide a better understanding of strategic compliance risks, both compliance and operational processes and policy needs that will mitigate future risks. This knowledge will be shared with the global compliance teams in order to recommend and support the implementation of new processes, trainings, communication, controls and other corrective actions.
Job Description
About us
GE’s Onshore Wind business has a total installed base of more than 50,000 wind turbines in more than 35 counties, with 100+ GW of global installed capacity. We harness increased onshore wind energy potential through a broad family of turbines that are uniquely suited for a variety of wind environments, including Cypress, GE’s most powerful onshore wind turbine, and GE’s 2MW platform, which has more than 20GW installed and in operation today. We are committed to our customers’ success in wind, offering a broad portfolio of products and services that make renewables the energy of choice for a cleaner future.
Essential Responsibilities
Conduct annual and ongoing compliance risk assessment processes based on business organization, relevant industry regulations, and internal policies and procedures.
Participate in and support ancillary risk assessment processes led by ERM, Finance, Internal Audit, SoX etc.
Execute due diligence and compliance onboarding processes, for higher risk commercial 3rd parties like channel partners, customers, consortium partners, high risk suppliers including government facing vendors, project site contractors, custom brokers etc. as per GE Vernova’s ‘Know Your Commercial Party/Supplier’ Standards.
Develop, administer and track compliance training and communications in partnership with the business Compliance leaders, functional leaders and Communications team to deliver engaging, relevant content that addresses business risks and promotes open reporting culture.
Implement a comprehensive compliance assurance program that encompasses regular review of requirements set forth in the Enterprise Standards identifies opportunities for continuous improvement.
Establish mechanisms for transactional testing and monitoring for areas related to improper payments and third-party risks including business courtesies, high risk payments, commissions and discounts, onboarding screening and diligence and other processes. Understand and identify any breakdowns against current procedures as well as highlight risks and control gaps.
Roll-up results into metrics that analyses trends, risks and gaps.
Work with the overall compliance team as well as cross functional teams to develop and implement remediation to these breakdowns that not only mitigate the risks but also work operationally to support the business.
Support Wind Chief Compliance Officer to lead improvement of processes and controls and ensure that the business implements and abides by our compliance program.
Establish KPIs for compliance processes and monitor progress.
Continually review and evaluate laws and regulations and their impact on Wind and the regions.
Assist with all other compliance-related duties and special projects as identified by the individual or as assigned by management.
Qualifications/Requirements
Bachelor's Degree
Minimum of 7 years of compliance, legal, Ombuds, or similar relevant experience
Minimum of 2 years of audit, testing & monitoring or similar relevant experience
Desired Characteristics
Interview and investigative skills
Strong leadership and interpersonal skills to work effectively with a broad range of stakeholders.
Ability to manage multiple matters in a global environment, set priorities and drive tasks and projects to conclusion in an extremely fast paced environment.
Strong oral and written communication; professional fluency in English
Strong data analytics skills
Foreign language skills a plus
Strong perseverance to be a change agent with the business.
Executive Communication: ability to simplify the complex.
Pragmatic, action oriented and able to operate in a fast-paced environment.
Deep domain knowledge in key compliance risk areas (e.g., the Foreign Corrupt Practices Act, turnkey projects, third parties, public procurement, competition law)
Proficiency in tools like Microsoft Excel and Powerpoint.
Solid judgment, clear thinker and business sense
Ability to create an environment of continual learning, and to change the way the compliance is working to be simpler and more adaptive.
Ability to work horizontally to deliver outcomes.
The salary range for this position is $141,800 - $236,400 USD Annual. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate’s experience, their education, and the work location. In addition, this position is eligible for a 15% variable incentive bonus. Available health and welfare benefits include healthcare, prescription drug, dental, and vision coverage; savings account options (such as a Health Care Flexible Savings Account, Health Reimbursement Account, Limited Purpose Flexible Spending Account, and Dependent Care Flexible Spending Account); and an employee assistance program. Additional benefits include a defined contribution 401(k) plan, employee life insurance, optional dependent life insurance, employee accidental death or dismemberment insurance coverage, short-term disability, optional long-term disability, pre-tax transportation/commuter program, paid holidays, paid time off, parental leave, a layoff plan for salaried employees, tuition refund program, use of CariLoop, adoption assistance, optional identity theft prevention insurance, optional personal legal assistance, and optional personal excess liability insurance.
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf) . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: Yes