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Bosch Home Comfort

Makes heating, cooling and hot-water equipment

Sanctions Compliance Manager

Regulatory Compliance & EthicsConfirmed live in the last 24 hours
Full-timeFarmington Hills, MI, USA

About the Job

Requirements

  • At least 8 years of global sanctions compliance experience and a Bachelor's Degree, along with experience with U.S. sanctions, including OFAC and related matters.
  • At least 1 year of proven ability to influence and motivate people.
  • In-depth knowledge of U.S. sanctions restrictions.
  • Strong analytical, problem-solving, and decision-making skills.
  • Internal audit skills.
  • Willingness to stay abreast of developments and conduct research.
  • Ability to coordinate activities and collaborate with groups.

Responsibilities

  • Manage global risk management; derive globally applicable governance requirements; and develop common minimum standards for embargoes and sanctions, SPL screening, geoblocking, red-flag circumstances, and related compliance measures such as anti-circumvention and anti-boycott regulations.
  • Monitor legal developments, including notices from OFAC and other relevant regulatory agencies, and changes to sanctions restrictions; assess their impact on Bosch Group and subsidiary business activities globally; and support the definition of appropriate measures and related process requirements.
  • Support the conceptual design and further development of the Bosch Group's re-export control law process landscape, focusing on U.S. laws and regulations, including further development of existing reporting systems and use of results to implement further requirements.
  • Conduct export audits and health checks for sanctions compliance and monitor data analysis relating to sanctions risk indicators.
  • Act as a contact person for business units, central departments, and authorities.

Desired Qualifications

  • Demonstrated ability to act independently on information and make decisions in adherence to compliance requirements, regulations, and policies.
  • Demonstrated ability to identify and understand issues, resolve inquiries, and develop appropriate solutions quickly, effectively, and independently.
  • Knowledge of sanctions and export control laws in the EU and UN.
  • Strong organizational and prioritization skills.
  • Experience in the automotive industry and understanding of export compliance related to software and technology.

About the Company

Bosch Home Comfort

Makes heating, cooling and hot-water equipment

Bosch Home Comfort makes heating, cooling and hot-water equipment for homes, commercial buildings and industrial users. Its portfolio combines electric heat pumps with gas-fired boilers and hybrid systems, giving customers different ways to control building temperatures and supply hot water. The business sells equipment through its brands' sales networks, with products adapted to regional building needs and energy requirements. Its inverter-driven heat pumps adjust compressor output to match demand rather than running constantly at full power. The Bosch business unit was formed through the merger of Bosch and Buderus heating activities in 2004 and is headquartered in Wetzlar, Germany.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
Wetzlar, Germany
Founded
2004

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