Sanctions Compliance Manager

SmartRecruiters, Inc.; Farmington Hills (MI); On-site; USD 130,000 - 160,000; Full time

Job summary

Bosch is seeking a Sanctions Compliance Manager to provide authoritative guidance on national sanctions programs and ensure full regulatory compliance across the organization.

You will lead global risk governance, monitor changes to sanctions rules (including OFAC), and collaborate with international teams to define and implement minimum standards and reporting processes.

Qualifications

• 8+ years of Global Sanctions Compliance and a Bachelor's Degree, with experience with sanctions in the U.S. (OFAC).
• 1+ years of proven ability to influence and motivate people.
• In-depth knowledge of sanctions restrictions in the U.S.
• Excellent communication and interpersonal skills, with the ability to influence and work effectively with all levels of the organization
• Strong analytical, problem-solving, and decision-making skills
• Internal audit skills
• Continuous learner; willing to stay abreast and enjoys research
• Ability to effectively coordinate activities and collaborate with groups

Responsibilities

• In your position, you will manage global risk management, derive globally applicable governance requirements, and develop common minimum standards around embargoes/sanctions, SPL screening, geoblocking, red flag circumstances, and related compliance measures (e.g. anti-circumvention, anti-boycott regulations).
• You will also be responsible for monitoring legal developments (including notices from OFAC and other pertinent regulatory agencies) and changes to sanctions restrictions and assessing their impact on the business activities of the Bosch Group and its subsidiaries globally. Based on this, you will support the definition of appropriate measures and set related process requirements.
• You will support the conceptual design and further development of the re-export control law process landscape for the Bosch Group with focus on U.S. laws and regulations. This includes the further development of existing reporting systems and the use of results for the implementation of further requirements.
• You will be responsible for conducting export audits/health checks for sanctions compliance and for monitoring data analysis with regards to risk indicators in the area of sanctions.
• In addition, you will act as a contact person for business units and central departments, and authorities.

Skills

Global sanctions compliance

Influence & motivate people

Communication skills

U.S. sanctions knowledge

Analytical skills

Internal audit skills

Coordination

Continuous learner

Research

Education

Bachelor's Degree

Job description

At Bosch, we shape the future by inventing high-quality technologies and services that spark enthusiasm and enrich people’s lives. Our areas of activity are every bit as diverse as our outstanding Bosch teams around the world. Their creativity is the key to innovation through connected living, mobility, or industry.
Let’s grow together, enjoy more, and inspire each other. Work #LikeABosch

• Reinvent yourself: At Bosch, you will evolve.
• Discover new directions: At Bosch, you will find your place.
• Celebrate success: At Bosch, we celebrate you.
• Shape tomorrow: At Bosch, you change lives.

Job Description

As the Sanctions Compliance Manager, you will provide authoritative guidance on national sanctions programs, ensuring Bosch’s full compliance with applicable regulations. As a key member of our Export Control and Sanctions team, you will play a central role in developing and enhancing global standards and guidelines for sanctions compliance, working closely with international colleagues across the organization.

Job Responsibilities

• In your position, you will manage global risk management, derive globally applicable governance requirements, and develop common minimum standards around embargoes/sanctions, SPL screening, geoblocking, red flag circumstances, and related compliance measures (e.g. anti-circumvention, anti-boycott regulations).
• You will also be responsible for monitoring legal developments (including notices from OFAC and other pertinent regulatory agencies) and changes to sanctions restrictions and assessing their impact on the business activities of the Bosch Group and its subsidiaries globally. Based on this, you will support the definition of appropriate measures and set related process requirements.
• You will support the conceptual design and further development of the re-export control law process landscape for the Bosch Group with focus on U.S. laws and regulations. This includes the further development of existing reporting systems and the use of results for the implementation of further requirements.
• You will be responsible for conducting export audits/health checks for sanctions compliance and for monitoring data analysis with regards to risk indicators in the area of sanctions.
• In addition, you will act as a contact person for business units and central departments, and authorities.

Qualifications

• 8+ years of Global Sanctions Complianceand a Bachelor's Degree, as well as experience with sanctions in the U.S. (OFAC and related).
• 1+ years of proven ability to influence and motivate people
• In-depth knowledge of sanctions restrictions in the U.S.
• Excellent communication and interpersonal skills, with the ability to influence and work effectively with all levels of the organization
• Strong analytical, problem-solving, and decision-making skills
• internal audit skills
• Continuous learner; willing to stay abreast and enjoys research
• Ability to effectively coordinate activities and collaborate with groups

Preferred Qualifications:

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

Travel Requirements:10%-20% (Domestic and International)

Additional Information

*Bosch adheres to Federal, State, and Local laws regarding drug-testing. Employment is contingent upon the successful completion of a drug screen and background check. Candidates who have been offered the position must pass both screenings before their start date.

The U.S. base salary range for this full-time position is $130,000 - $160,000. Within the range, individual pay is determined based on several factors, including, but not limited to, work experience and job knowledge, complexity of the role, job location, etc. This range does not include annual bonus percentage nor any other monetary considerations for the total compensation package. Your Recruiter can share more details about the specific salary range for this position during the interview process.

In addition to your base salary, Bosch offers a comprehensive benefits package that includes health, dental, and vision plans; health savings accounts (HSA); flexible spending accounts; 401(K) retirement plans with an employer match; wellness programs; life insurance; short- and long-term disability insurance; paid time off; parental leave, adoption assistance; and reimbursement of education expenses.

Learn more about our full benefits offerings by visiting: www.myboschbenefits.com. Pay ranges included in the postings generally reflect base salary; certain positions may include bonus, commission, or additional benefits.

Thanks to the work of every associate, Bosch has been recognized for award-winning by the following organizations:

Great Place to Work™ Certified, 2024
Fortune’s World’s Most Admired Companies, 2024
America’s Best Large Employers, 2024
America’s Best Employers for Diversity, 2024
America’s Greatest Workplaces for Women, Newsweek2024
Greatest Workplaces for Diversity, Newsweek 2024

Indefinite U.S. work authorized individuals only. Future sponsorship for work authorization unavailable

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