Description :Name of the position:KYBP Legal Practice ManagerLocation: Bogotá, ColombiaType of contract: Permanent About Diageo:Diageo is the world's leading premium drinks company with an outstanding diverse collection of brands, such as Casamigos and Don Julio tequila's, Johnnie Walker, Smirnoff, Baileys, Captain Morgan, Tanqueray, and Guinness.Our purpose – celebrating life, every day, everywhere – has a meaningful role in our company, for our people, our diversity, our brands, in how we perform and how we create shared value.Our ambition is to build the best performing, most trusted and respected consumer products company in the world.To achieve these, we need the world's very best people.Diageo's Global Business Operations (GBO) is a multi-functional shared service centre that supports standard processes and systems with effective and efficient shared services across Diageo.The shared services model currently supports Diageo Markets across the globe and is responsible for Data, Financial Control, Source to Pay, End to End Commercial?and HR.It also encompasses a significant part of the group's Financial Planning and Reporting and Treasury activities (Accounting, Control and Performance).Shared services locations include Budapest, Bangalore, Bogota and Manila.About the role:In keeping with Diageo's shared service model, the KYBP Legal Practice (KLP) has been establishedfor the purpose of carrying out the legal due diligence for the company in its customer and vendor onboarding.Prior to the KLP, each Market carried out its own legal due diligence.As part of Diageo's statutory regulatory compliance obligations (and in keeping with the company's ethical standards), the company is required to ensure that it does business only with third parties that are ethical and carry out to the same standards as we do have.All potential business partners must therefore be assessed under the principle of KYBP (know your business partner) and must pass our KYBP checks prior to onboarding or doing business with that partner.These functions have traditionally been carried out by each of the markets in the company.Under the aegis of the Business Integrity legal team, a new KLP will be responsible for carrying out the legal due diligence for the whole of Diageo, thus acting as a centre of excellence in legal due diligence.Purpose of the role:The role willbe responsible forcarrying out legal due diligence in relation to customer onboarding as well as provide legal due diligence support for the TPRM vendor onboarding function and the few non-TPRM markets.The lawyer will be primarily responsible for due diligence requests from LAC and NAM, however they will beencouraged to support the KLPwith other queriesas vital.Reporting to the Lead Lawyer, KLPKey Duties and Responsibilities:Evaluate the information on business partners which have been assessed as potential high risk or medium risk (if required) as per risk assessment scoring to identify any potential legal non-compliance riskWhere potential red flags have been identified, advise, recommend risk mitigation plans and oversee potential remediation actions, where possibleAfter full investigation approve business partner and adviseRO (relationship officer) can proceedto final onboardingWorking with the RO (where vital) builda clear time bound action plan for each business partner which has been identified as high risk requiring mitigation plans, approved by Legal.Ensure continuous monitoring of red-flagged third parties and ensure that all outstanding documentation and information is providedIn relation toWorldcheckhigh risk partners, review issues and advise and work with the relationship owners (RO) and vendor/customer screening team to carry out further investigations as required in order to reach a go or no-go decision.Engage with the local legal teams where further deliberations or clarifications neededLeadership Responsibilities & CapabilitiesThe postholder will be encouraged to develop relationships with Market lawyers and the KYBP teams and collaborate as the need arises in order toexpediteinvestigationsThe postholder will be encouraged to work with all team members and partners globally.Support to craft/update the process/policies, conduct trainings/workshops as necessaryin order tofacilitate knowledge sharing across marketsMaintain the performance management of operations and continued performance against agreed critical metrics and measurementsEnsure delivery of KLP activities are in line withrelevant legislation and internal policies and proceduresKnowledge SharingSupport the repository of legal exceptions in decisions made by the KLPRetain knowledge of precedents in difficult judgments to ensure consistent interpretation of standard decisionsKeep abreast of changes to applicable legislation, rules and internal policies and apply them accordingly Qualifications and Experience Required- Qualified lawyer with PQE of 6+ years.- Generalist role in a law firm or in-house with an IT knowledge and experienceProficiency in English, SpanishSuccess Criteria The postholder will be required to chip in to Diageo's bottom line by ensuring that all legal due diligence enquiries are carried out in a timely and efficient manner, with the ultimate aim being to ensure speedy and legally-accurate onboarding of customers and vendors.Top 3-5 Accountabilities Legal knowledge generalist, with an understanding of the following areas of law:Company LawData protection Companies compliance generally with emphasis on AML, KYC, anti-bribery Legal skills:Analyse information and data and extract relevant informationUnderstand nuances in legal requirements of applicable jurisdictionsApply company's policies and legislative provisions to an issue at hand in order to protect the company's interestsGeneral SkillsExperienced in conducting investigations using technology toolsWork as part of a team as well as independently Manage own caseload and ensure follow-up of enquiries to process matter to timelyconclusionWork with legal or other teams as required, based in different geographiesFull professional proficiency in English, Spanish Portuguese is a plusWorker Type :RegularPrimary Location:Bogota - EOBAdditional Locations :Job Posting Start Date : 2024-06-23
