Role Purpose
The Governance & Compliance Lead is an execution role embedded within the Products Division. The primary mission is to operationalise the recommendations from the recent Consultants process review. This role shifts from theoretical oversight to the active implementation of technology, policies, and internal controls to drive tangible results in the end-to-end procurement process.
Key Responsibilities
Here is the consolidated and streamlined version, fully integrated and structured consistently:
- Policy & Governance Frameworks: Lead the drafting, refinement, and maintenance of governance policies, SOPs, and control frameworks aligned with the Group Code of Conduct, financial controls, and regulatory requirements, ensuring practicality for Business Units and Product Divisions.
- Standardization & Implementation: Drive implementation of standardized processes across Business Units and execute remediation plans and process improvements arising from consultant reviews and internal assessments to ensure timely closure of findings.
- Compliance & Control Oversight: Ensure adherence to applicable laws, internal policies, authority limits, tender protocols, and contract governance standards, embedding preventive and detective (first-line) controls within daily workflows to mitigate fraud and conflicts of interest.
- Risk & Vendor Management: Conduct risk assessments across sourcing, vendor onboarding, contracting, and payments; operationalize vendor due diligence frameworks including sanctions, financial, ESG, ethical sourcing, and conflict-of-interest screening across the vendor lifecycle.
- Technology & Digital Enablement: Identify, pilot, and implement technology solutions to automate compliance checks, vendor onboarding, risk monitoring, and control effectiveness.
- Cross-Functional Liaison: Act as the bridge between Business Units and Governance, Risk & Compliance, partnering with Legal, Risk, Finance, and Internal Audit to address compliance gaps and strengthen governance practices.
- Audit & Reporting: Serve as primary liaison for internal and external audits, maintain always-ready documentation, ensure timely remediation of findings, and deliver governance dashboards, KPIs, and risk reports to senior leadership and committees.
- Continuous Improvement & Accountability: Strengthen and improve maturity of governance and compliance and drive initiatives to enhance transparency, accountability, and control maturity.
Qualifications & Competencies
- Experience: Minimum 810 years in Procurement, Risk, or Audit, with a proven track record of implementing change rather than just reporting on it.
- Project Management: Strong ability to manage a roadmap of actions and drive them to completion.
- Technical Savvy: Experience identifying and deploying GRC or Procurement software/tools.
- Influence: Ability to navigate a dotted line reporting structure and influence stakeholders without direct authority.
- Integrity: Unwavering ethical judgment in a fast-paced commercial environment.
Work Location: FairPrice Hub (next to Joo Koon MRT)
Working Arrangement: Hybrid
