Associate Director - Trade Sanctions Compliance

About the Role

As a member of the trade compliance team, this position will be responsible for leading the automated GTS sanctions compliance control system and overall sanctioned party screening control program across the enterprise. The position will also have responsibilities for trade sanctions, U.S. export controls and anti-boycott compliance.

Key Responsibilities

• Leads enterprise sanctioned party screening compliance program that includes ERP system screening (GTS) as well as offline screening programs.
• For GTS, leads large scale projects and influences cross-functional team to ensure system configuration for global compliance with US regulations. Understands and influences design of robust screening algorithm.
• Manages inclusion of multiple sanctions list types for screening in GTS and formal addition of new list types as required by external environment.
• Keeps pace with constantly changing and evolving sanctions environment including changes to country based sanctions, authorized financial/payment methods, increasing entity-based programs, enforcement trends and complexities in applying to Lilly business model.
• Understand complex financial and commercial activities, apply knowledge of OFAC to these items, and identify OFAC-related issues, risks, and prohibited activities.
• Understanding of multiple complex selective entity-based programs and assess potential risk to Lilly. Through careful monitoring of the GTS system, identifies business partners (banks, vendors, customers) who become sanctioned and takes appropriate actions to restrict/control future transactions.
• Lead cross-functional projects and processes to achieve results while influencing others who may or may not report to the function or area.
• Represent Lilly externally with the U.S. government agencies, industry, trade function, and outside counsel as needed.
• Provide expert consultation for all transactions and business relationship activities involving sanctioned countries or sanctioned entities (e.g. regulatory registration, product sale and supply, product donations, travel, etc.).

Basic Qualifications

• Bachelor's Degree.
• 5-7 years of trade compliance or related compliance experience.
• Understanding of internal controls or elements of effective compliance programs, including the ability to investigate, test for compliance, evaluate options, and take corrective action.
• Well versed in U.S. Department of Treasury's Office of Foreign Asset Controls (OFAC), U.S. Export Administration Regulations.
• Qualified applicants must be authorized to work in the United States on a full-time basis. Lilly will not provide support for or sponsor work authorization or visas for this role.

Additional Skills/Preferences

• Experience implementing internal control systems to comply with external regulations.
• Aptitude for IT systems, applications and tools to automate compliance wherever possible.
• Working knowledge of A.I. and ability to apply it to daily work.
• Project management.
• Interpersonal skills needed to develop effective internal and external working relationships.
• Ability to adapt and learn in a changing environment with an approach to achieve continuous improvement in support of trade compliance.
• Strong capability to lead cross-functional projects and processes to achieve results while influencing and leading others who may or may not report to the function or area.
• Proven ability to seek data, analyze and draw relevant conclusions, and leverage data to make recommendations towards actions/decisions.
• Strong verbal and written communication with the ability influence effectively with all levels of the organization including management and external parties.

Pay and Benefits

• Anticipated wage: $127,500 – $187,000.
• Full-time equivalent employees also will be eligible for a company bonus (depending, in part, on company and individual performance).
• Comprehensive benefit program including eligibility to participate in a company-sponsored 401(k); pension; vacation benefits; eligibility for medical, dental, vision and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; certain time off and leave of absence benefits; and well-being benefits (e.g., employee assistance program, fitness benefits, and employee clubs and activities).