Job Information
Advanced Energy Trade Compliance Director in Denver, Colorado
Trade Compliance Director
ABOUT ADVANCED ENERGY
Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.
WHY BE A PART OF ADVANCED ENERGY?
Some people say it’s like working in the best of two worlds. We operate like an agile, growing, small company – you can see your work make a difference to the company every day. Things move quickly and you can see and feel it. At the same time, we’re a global company founded in 1981 and have been publicly traded for more than 28 years. We have a strong cash position, deep trust and partnership with leading customers, a global best-in-class operations capability, and a proven leadership team. We have a track record and resources to make things happen both organically and inorganically. Being part of a nimble company with a solid foundation attracts team members that are capable, driven and like a challenge. Our employees collaborate and know how to have fun inventing, working, building and winning together. At our core, we are Advanced Energy – powering the future, together.
POSITION SUMMARY:
This position leads our global trade compliance program, ensuring compliance with all applicable import/export laws including Export Administration Regulations (EAR), Office of Foreign Asset Controls (OFAC) regulations and programs, economic and trade sanctions programs, and U.S. and international customs and border protections regulations. This role assesses, designs, and maintains processes and systems that ensure all product shipments and other business activities are conducted in a manner that is compliant, sustainable, and an improvement on the effectiveness of the company’s global trade compliance and third-party due diligence monitoring activities. The position advises and acts as the primary contact for all inquiries, inspections, and information requests related to trade compliance laws. This position also has other compliance responsibilities including leading and performing the anti-bribery and corruption program includes ensuring compliance with FCPA and other applicable corruption laws and regulations, driving implementation of third-party risk management controls within procurement and sales business processes, and U.S. government contracts compliance. The position reports to the General Counsel.
RESPONSIBILITIES:
Trade Compliance
Lead the company’s global export and import compliance program, provide strategic direction in assessing, sustaining, and enhancing practices and policies to ensure compliance with all applicable trade laws and regulations. Oversee EAR and OFAC compliance.
Develop global trade compliance roadmap and strategy.
Supervise trade compliance program assessments and monitoring, including data analysis protocols, and drive associated action plans.
Stay up to date with legal, regulatory, and trade developments that impact business and provide timely legal guidance to identify risks and mitigate impacts.
Ensure availability of appropriate metrics, data analytics and compliance reports against which the Company can measure the effectiveness and continuous improvement the program.
Adeptly assess costs and benefits of possible changes or solutions and present analysis to management.
Oversee classification of products, technologies, and services, understanding and keep informed on existing and future technologies and products to ensure proper development and execution of export classification processes.
Drive communication and training to increase compliance with regulations and understanding and awareness of global trade compliance and third-party due diligence and monitoring programs.
Promote a culture of trade compliance and ethics through leadership by example mentorship and development of compliance and import/export operations staff.
Oversee and guide compliance with tariff classification, country of origin determination, valuation and applicable tax or other regulations, Export Administration Regulations (EAR), Commerce Control List (CCL) and applicable regulations and requirements of the Bureau of Industry and Security (BIS), U.S. Customs, and any other applicable regulations/requirements.
Develop strong business partner relationships, including collaborating closely with global business and functional leaders such as Sales, Finance/Accounting, Services, etc.
Work with government regulators worldwide to resolve regulatory audits and inquiries, enhance relationships, and promote helpful regulatory change.
Advise and leads on drafting strategic export licenses and regulatory filings.
Provide oversight of customs audits and other requests or inquiries.
Other Compliance
Develop, advise on and drive compliance with effective anti-corruption policies and procedures governing conflicts of interest, gifts and entertainment, and discounts and incentive programs.
Develop trade and anti-bribery and corruption compliance roadmap and strategic planning; manage compliance.
Drive implementation of third-party risk management controls, managing risk-based diligence process for third parties.
Oversee, improve, and monitor third party due diligence and monitoring program, implement risk management controls, and advise on vendor compliance solutions.
Oversee and manage U.S. government contracts compliance.
Other duties as assigned.
WORK ENVIRONMENT:
Denver, Colorado
Occasional travel is required
QUALIFICATIONS:
Exceptional judgment
Thought leadership and strategic planning ability
Ability to conceive and implement change and improvements in compliance programs
Strong interpersonal and communication skills, with a positive attitude
Possess a client and customer-centered approach
Ability to act with an ownership mindset, working both independently and collaboratively
Manage tight timelines and balancing competing priorities
Conceptualize and articulate pragmatic and creative solutions to complex legal and business challenges to the senior leadership team, with the objective of protecting the company
Project management ability
Team player with high ethical standards
Strategic problem solver
Ability to learn complex business and operational matters
Ability to thrive in a fast-paced, busy, evolving corporate culture
EXPERIENCE:
Experience working in the semiconductor industry
10+ years of experience in global trade compliance including with an in-depth understanding of applicable global export controls, economic sanctions and regulations as well as extensive experience with global trade and third party due diligence and monitoring programs, frameworks, and standard methodologies at multinational companies
Proven experience implementing strong compliance programs with high standards to comply with new trade regulations
Experience with the BIS, U.S. Customs, OFAC and corresponding regulatory agencies
Proven experience in directing and strengthening global trade compliance processes and procedures; building trade controls governance infrastructure
Experience in maintaining a database of import data in full compliance with reporting requirements of U.S. Customs
Familiarity with data, processes and systems supporting global trade
Familiarity with anti-corruption laws and compliance programs
Familiarity with third party due diligence and monitoring programs
Experience with compliance program management or development
Experience working for large, diverse multinational organizations
EDUCATION:
Strongly preferred – one or both of:
JD
US Customs Broker License
COMPENSATION:
As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $170,000 to $200,000 per year.
BENEFITS:
As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan for eligible positions, and a discounted Employee Stock Purchase Plan.
In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:
Medical - multiple medical plans are available to choose from
Short and long-term disability and life insurance
Health savings and flexible spending accounts
Generous time off policy starting with 3 weeks of paid vacation, 7 days of paid sick time, and 12 paid holidays
8 hours of paid volunteer time off
8 weeks of paid parental leave for both Moms and Dads
Company matched 401(k)
Tuition reimbursement
Expanded mental health coverage and employee assistance programs
Other voluntary benefits include critical illness, accident and hospital indemnity, pet insurance, identify theft, and legal assistance
Advanced Energy is committed to diversity in its workforce including Equal Opportunity Employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and/or veteran status.
Advanced Energy is also committed to providing reasonable accommodations in our job application process/procedures for qualified individuals with disabilities. If you require assistance in completing an Advanced Energy application, please reach out to HumanResources@aei.com
CO ONLY:
Applications will be accepted through 5/31/2024, the company reserves the right to review applications at any point after they are submitted.