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Compliance Manager, IKEA Southeast Asia

Singapore Risk & Compliance Full Time

Job description

Company description

The IKEA vision is to create a better everyday life for the many people. We do this by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible can afford them. We operate in Singapore, Malaysia and Thailand – and have an ambitious expansion plan to bring a little bit of Sweden to new markets in the region. We are part of the Ikano Group of companies and the only IKEA franchisee owned by the Kamprad family that founded IKEA.

We also develop, own and operate Shopping Centres that are anchored by IKEA and create walkable communities by including residential, office and other types of real estate in our development plans.

We work towards making sustainability a natural part of our everyday work. We are active in our communities, driving and supporting social initiatives that benefit children, women and the environment.

Job description

About the job

We want to fill this position with a business minded and proactive enthusiast with a strong passion for Compliance and developing people, who can support us in securing our vision of creating a better everyday life for many people in Southeast Asia by ensuring we operate in accordance with internal steering documents, regulatory requirements and business requirements imposed by Inter-IKEA System (our franchisor)

Your assignment

  • Develop a business-oriented and risk-based compliance program and establish a reporting framework to report on the level of compliance across the region
  • Effectively communicate relevant internal and external requirements and secure all requirements are understood by the business units (Stores, Shopping Centres, Service Office)
  • Conduct or coordinate relevant compliance monitoring activities (audits, reviews, continuous assessment,) and establish new metrics, trend reports,
  • Oversee the proper maintenance and development of our continuous assessment tool (ICheck/WeCheck)
  • Identify areas of compliance vulnerabilities and provide guidance and develop actions plans to address the said vulnerabilities.
  • Drive and embed a culture of ethics and integrity by leading business ethics initiative relating to Anti-Bribery and Corruption, Code of Conduct, Money Laundering and Sanctioned Parties Screening
  • Support Functional Managers on regional level in the development and implementation of regional steering documents and SOPs as well as Extraordinary Operational Procedures that embed the compliance requirements
  • Support the Process Manager (i) in identifying improvement potentials in existing business processes and SOPs to achieve a high level of transactional compliance and (ii) in defining, for new products or processes, the compliance requirements and secure they are addressed prior launching
  • Prepare periodical consolidated reports for the Head of Risk and Compliance, The Audit and Risk Management Committee on the overall level of compliance on key risk areas.
  • Assist  the Head of Risk and Compliance with other ad hoc assignments
  • Be the main point of contact with the IKEA franchisor regarding our compliance towards the Franchisees business requirements


Your profile

  • You have a sound understanding of the key elements of a compliance framework and minimum of 8 years’ experience (preferably in a retail or manufacturing environment)
  • You hold at a minimum a bachelor degree. A Master degree is a plus
  • You have a strong business acumen partnered with a dedication to high ethics and integrity
  • You are driven by change and results , you are confident, positive and demonstrate perseverance
  • Extensive experience in compliance, operational risk management and internal control
  • You have a deep understanding of topics relating to anti-bribery and corruption, data privacy, anti-money laundering and a high sense of integrity
  • Good communication (written and verbal communication) and interpersonal skills
  • Ability to work independently and drive own initiatives till completion while applying a collaborative approach
  • Ability to influence across all level in an organization
  • Able to capture and explain the business impact of regulatory/legal requirements

More Information

Please apply by 8 February 2020