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Monday, March 5, 2012

Compliance Counsel Job

About Us: GE is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company at www.ge.com. GE's Energy segment is leading the field in the development, implementation and improvement of the products and technologies that harness our resources such as wind, oil, gas and water. GE Energy is one of the world's leading suppliers of power generation and energy delivery technologies in all areas of the energy industry including coal, oil, natural gas and nuclear energy as well as with renewable resources such as water, wind, solar and alternative fuels. (www.ge.com)

Recently GE Energy has signed a JV agreement with INTER RAO UES and UEC. The JV will manufacture, assemble, sell and service energy-efficient heavy-duty gas-fired power generation turbines. The production facility will be built in the vicinity of the city of Rybinsk in the Yaroslavl region with an initial capacity of 14 units per year. Plant ground breaking is planned in late 2011, and will be completed in 2013.

Essential Responsibilities • monitor and ensure the compliance of each Group Subsidiary with the Compliance Policies and Procedures;
• prepare, update and deliver regular ethics and compliance awareness training for the Group Companies' personnel;
• establish criteria for, oversee the implementation of, and conduct internal reviews and external audits of compliance processes;
• establish, implement, and oversee an open reporting process through which employees and others may report suspected compliance issues under assurance of anonymity if desired and non-retaliation in all instances;
• establish, manage and monitor the application process and maintenance of all Local Governmental Approvals recommended (in the sole discretion of the CCO) or required for the Energy Business and/or the Russian Subsidiary under Applicable Law including Anti-Corruption Laws, Anti-Money Laundering Laws, and Trade Laws;
• serve as the primary point of contact for receiving all reports on matters of interest for potential violations or failures to maintain compliance with Applicable Laws, including Anti-Corruption Laws, Anti-Money Laundering Laws, and Trade Laws;
• investigate allegations of non-compliance with Compliance Policies and Procedures; report results of investigation to legal counsel (if necessary, including, by way of example and not limitation, to preserve privilege) or otherwise to the General Director;
• prepare and submit to legal counsel (if necessary, including, by way of example and not limitation, to preserve privilege) or otherwise to the General Director a written report on any potential acts of non-compliance with Applicable Laws, including Anti-Corruption Laws, in order to determine if further action is required; and
• report directly to the General Director, or, if the General Director fails to act on issues of non-compliance or if allegations are about the General Director's actions, report directly to the Board of the Parent Company.

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