Compliance Specialist - SSC Service Management at WPP

Selangor, Malaysia

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Marketing Services, AdvertisingIndustries

Requirements

Bachelor’s degree in Business Administration or other related fields
Minimum 5 years of relevant working experience
Previous exposure to a SOX control environment and SSC service review reporting will be an added advantage
Fluent in written and spoken English
Strong interpersonal skills, capable of building and managing internal and external relationships
Strong organizational and problem-solving skills
Detail-oriented, with the ability to meet deadlines in a timely manner

Responsibilities

Maintain the SOX Control Matrix for all OpCos supported by SSC, ensuring changes are captured and documented within the Matrix as and when they occur
Ensure compliance with control requirements and adherence to SSC processes and the Target Operating Model by SSC HODs/Managers
Engage SSC HODs/Managers on remediation steps to address internal control concerns (if any), and ensure that any changes are properly documented and implemented on a timely basis
Work flexibly across all pillars of the SSC team, providing appropriate support where business needs require
Initiate, drive, and manage SOX and internal audits, including pre-audit preparation and coordination of audit requirements/requests with all SSC managers
Drive and coordinate SOX Control and Internal Control reporting, i.e.: annual risk assessment, SOX self-assessment/certification, quarterly Segregation of Duties review, bi-annual bank mandate review, etc
Support SSC management on Central Team-driven projects such as BCP exercises, etc
Lead OpCo bank account migrations to the SSC MY banking portal, working with OpCo contact persons and bank representatives to ensure the necessary documents (e.g., board resolutions or delegation of authority) are prepared and signed off for all migrated bank accounts
Ensure relevant information on online banking access for SSC’s designated payment makers and authorizers is properly communicated to the Service Management team, enabling them to grant the necessary user access to the migrated accounts
Serve as backup approver for bank user changes in the banking portal
Plan and facilitate monthly review meetings between SSC HODs/Managers, the Global Head of GBS Finance, and the International Process Director to assess SSC performance
Collaborate with SSC HODs/Managers to compile a monthly report detailing service successes and challenges across both SSC and OpCos, as well as updates on SSC projects, for discussion with the Global Head of GBS Finance and the International Process Director

Skills

Key technologies and capabilities for this role

SOX ComplianceInternal ControlsSOX Control MatrixAudit ManagementProcess DocumentationRemediationCompliance MonitoringBank Account MigrationTarget Operating Model

Questions & Answers

Common questions about this position

What are the main responsibilities of the Compliance Specialist role?

The role involves maintaining the SOX Control Matrix, ensuring compliance with control requirements, engaging managers on remediation steps, managing SOX and internal audits, driving control reporting, leading OpCo bank account migrations to the SSC banking portal, and serving as backup approver for bank user changes.

Is this position remote or does it require office presence?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at WPP?

WPP fosters a culture of creativity, belonging, and continuous learning, with a commitment to attracting and developing talent and providing exciting career opportunities.

What skills or experience make a strong candidate for this position?

Strong candidates will have expertise in SOX compliance, internal controls, audit management, bank account migrations, and the ability to collaborate across teams and with OpCo contacts.

WPP

Global marketing and communications services provider

About WPP

WPP operates in the marketing and communications industry, providing a variety of services such as branding, digital marketing, media planning, market research, public relations, and business transformation. Their approach integrates creativity with data and technology, helping clients build strong brands and engage effectively with their audiences. WPP stands out from competitors by focusing on innovation and sustainability, participating in global initiatives like the United Nations Climate Change Conference, and producing thought leadership content like the Atticus Journal. The company's goal is to be a strategic partner for businesses, aiding them in navigating the complexities of modern marketing and achieving their objectives.

London, United KingdomHeadquarters

2015Year Founded

IPOCompany Stage

Consulting, Social ImpactIndustries

10,001+Employees

Risks

Increased competition from Publicis, gaining market share and outperforming WPP in certain areas.

Potential over-reliance on strategic partnerships may limit WPP's flexibility and independence.

Challenges in effectively integrating AI into operations indicate potential gaps in current capabilities.

Differentiation

WPP excels in creative transformation, combining creativity with data and technology.

The company is a leader in sustainability, participating in global initiatives like the UN Climate Change Conference.

WPP's strategic partnerships, such as with Universal Music Group, enhance its unique market offerings.

Upsides

Increased focus on AI-driven marketing solutions enhances WPP's service offerings and client engagement.

Strategic partnerships with music industry leaders provide unique marketing opportunities and vast music access.

Winning the 'Omnichannel Excellence Award' highlights GroupM's leadership in integrated marketing solutions.

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