Kuala Lumpur, Malaysia
9 hours ago
CDD Process and Assurance Manager

Entity:

Finance


Job Family Group:

Procurement & Supply Chain Management Group


Job Description:

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry.  We’re investing in today’s energy system and helping build out tomorrow’s. So while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of finance business & technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at FBT Malaysia. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you. 

Join our Finance team and advance your career as a CDD Process and Assurance Manager.

Role Synopsis:

The CDD Process and Assurance Manager’s role is to run the process assurance and reporting activities for those activities supported by FBT with the strive to provide process assurance and reporting of CDD to the CDD Senior Manager and the respective head of controls for each segment. The role will serve as the owner of the CDD Deskbook, including its associated processes and tools. The individual will be responsible for ensuring that all critical updates are implemented in a timely and accurate manner. This is to ensure alignment with the procedures and policies defined by the BP Group and supported by FBT. The role is to also be responsible for all reporting requirements both for internal CDD team and externally to partners. This role will lead the process improvement and changes to Group procedure that have impact to FBT CDD Operations. Also responsible for knowledge management and retention, while serving as the single point of accountability for maintaining relationships with the assigned segment.

Key Accountabilities:

Process Leadership

Take ownership of the development and maintenance of the CDD Operational Deskbook.

Responsible to  ensure that vital updates to the end to end process (including tools) to support changes in Group procedure and risks management activities

Lead all aspects of and facilitate the development of CDD  capability into the team across FBT centres, by supporting the coordination of the capabilities assessment and training requirements

Support business growth agenda and critical initiatives in line with CDD risk management requirements

Ensure Compliance to CDD  policy and procedures by working closely with CDD Operations, Enablement,  Ethics & Compliance, Segments, Legal team and the CDD Operations team.

Drive continuous improvement and efficiency agenda to CDD processes across the centres.

Ensure counterparty data integrity in the systems is preserved and improved in line with CDD policy and procedures. Provide critical metrics and MI supporting the effective operations of the CDD Operations team and in support of internal and external reporting and assurance. Focal point for the performance and business reporting (qualitative reporting & insights)

Actively participate in the CDD practitioner and networking forums. To be the SPA from the CDD team for the segment allocated

Participate and contribute to the reviews of the CDD  and High Risk Agent Group Control Process (HRAGCP) with fellow practitioners and subject matter experts from Ethics & Compliance (E&C), Legal,Segment etc. To be the SPA from the CDD team for the segment allocated

Work closely with E&C, Finance Groups, Procurement Groups, Credit Group, Internal Control and  supported businesses.

Act as an advisor to E&C, Legal and Segments on CDD Operational matters.

Work with the Project and Compass team to Ensure end to end process requirements are prioritised and incorporated into the product deployment backlog’s

Act as the final authority for control and  user access on the CDD platform

Own the CDD tool (Aravo, WC1, DNB, Transparint, Seaweb)  and act as the focal point for engagement with the tool service providers ; including managing the contract renewal and service level adherence.

Perform control and monitoring activities (New, Refresh and OGS alert review) and the Quality Assurance for the end-to-end process

Focal point for deployment/communication of revised  Group CDD procedure across FBT CDD teams.

Responsible for knowledge management and retention (including SOP review and update)

Support closure of audit actions (both internal and business audit action)

Focal point for any ad-hoc / pro-active screening relating to Sanctions updates

Process and Data Integrity

Ensure all information are stored securely in accordance with the requirements of the CDD process ensuring compliance with any data privacy requirements

Maintain the consolidated Key Process Indicators for CDD  process and input to segment risk heads and E&C.

Drive system, tools and process standardisation

Implement process automation

Global People Management

Act as line manager for Process & Assurance Leads

Participate actively in FBT Enablement talent management processes to develop skills and capability within the team that provides developmental opportunities and meaningful career paths for members of the service delivery network. 

Support the development of the new organisation culture within FBT CDD organisation, in line with the FBT Employee Value Proposition to retain and attract the right talent, and encourage a high performing culture 

Manage the relevant partner relationships within other FBT Services lines, and with the segment  teams 

Health, Safety, Security and Environment (HSSE)

Align with all Safety, Security and Environment (HSSE) policies and procedures and all HSSE directions of line manager or HSSE Manager

Participate in HSSE training and discussions, workplace inspections and audits, assist in the resolution of Health & Safety issues, and contribute to successful implementation of HSSE programmes and initiatives

Experience and Job Requirements:

Bachelor’s degree or equivalent experience in business, Finance, Accounting, or professional certification such as ACAMS or ICA.

10+ years of working experience in CDD and Pre-Qualification / AML, Compliance, Finance, Accounting, Business or related field.

Significant experience of people management and handling large scale operations

Excellent written and oral communication skills in English

Strong partner relationship management skills

A proactive and dynamic approach

Ability to communicate and influence across different levels in the organization.

Engaging and collaborative way of working

Resilient and experienced in working in a wide-ranging environment

At bp, we provide the following environment and benefits to you:

A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued

Possibility to join our social communities and networks

Learning opportunities and other development opportunities to craft your career path

Life and health insurance, medical care package

And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.


Travel Requirement

No travel is expected with this role


Relocation Assistance:

This role is not eligible for relocation


Remote Type:

This position is a hybrid of office/remote working


Skills:

Agreements and negotiations, Analytical Thinking, Building sustainability, Category spend profiling, Category Strategy, Commercial Acumen, Communication, Cost modelling, Decision Making, Digital fluency, Market Analysis, Negotiation planning and preparation, Sourcing strategy, Stakeholder Management, Supplier Selection, Sustainability awareness and action, Value creation and management


Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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