Position SME: Antitrust/Competition

This position is responsible for designing and directing the implementation of strategic antitrust/competition compliance risk mitigation programs, including risk assessments and evaluations, monitoring regimes that evaluate operational controls and processes, and training and awareness campaigns, in light of evolving business needs and internal and industry data, in order to mitigate risk and ensure compliance with applicable antitrust/competition laws and regulations in all markets that Massmart operates. This position must develop and implement strategies to cultivate an environment where associates respect and adhere to company standards of integrity and ethics while developing and leveraging internal and external partnerships and networks to achieve business goals.

FUNCTIONS / RESPONSIBILITIES:

Direct implementation of strategic risk mitigation programs, data systems, and services

• Ensures the competition compliance regulatory universe across jurisdictions across jurisdictions where Massmart operates is identified, risk assessed, rated and managed to mitigate compliance risk.
• Ensure the effective implementation of the competition compliance program into the business.
• Works with continuous improvement and audit teams to ensure that all gaps identified within the competition compliance program have been rectified.
• Implements and/or directs the implementation of competition compliance systems and training.
• Manages the development and implementation of cross-functional compliance risk identification, monitoring and assessment procedures.
• Conducts and directs assessments to identify required competition compliance interventions and action plans for review with cross-functional teams and provides feedback and recommendations for process controls and program improvements.
• Defines metrics and integrates them into core business metrics. Monitors, evaluates and measures operational program processes for review with cross-functional teams in order to close competition compliance gaps and drive continuous improvement.
• Monitors emerging competition compliance requirements, including new regulations, industry investigations, market inquiries, case law development, that would enable Massmart to respond to compliance risks.
• Ensures accurate reporting to all stakeholders including Business Operations, Group Governance Risk Committees, is done timeously and effectively.

Advisory, Guidance and Support

• Develops and oversees the implementation of strategies designed to establish best practices by analyzing business objectives and needs; researching and benchmarking industry best practices and legal requirements; understanding current practices of business units; providing direction and guidance in writing business requirement documents for system updates; developing, communicating and implementing department strategies, plans, goals and objectives; determining and securing resources; evaluating and enhancing employment processes and practices; and promoting a customer-focused environment.
• Supports the development of Global policies, standard operating procedures, best practices.
• Ensures that compliance programs, policies, procedures and reporting are consistent with global direction and leverages global talent and resources.

Develops and implements strategies to attract and maintain a highly skilled and engaged workforce

• Diagnosing technical and process management capabilities.
• Supporting recruiting, selecting, and developing talent.
• Supporting mentorship and succession planning within competition compliance function.
• Leveraging the capabilities of new and existing talent.
• Determining and supporting resource requirements to drive competition compliance program effectiveness.

Create environment where associates respect and adhere to company standards of integrity and
ethics

• Integrating ethics and integrity values into all programs and practices.
• Developing consequences for violations or non-compliance.
• Supporting the Open Door Policy.

Maximize the achievement of business goals by developing and leveraging internal and external partnerships and networks

• In partnership with counsel where appropriate, articulates corporate positions on compliance matters to regulators and external agencies and directs involvement with regulators at federal, provincial and municipal levels to ensure compliance with all legal requirements.
• Develops external relationships and alliances in order to strengthen the company's reputation, leading regulatory outreach meetings, while ensuring that the company's compliance programs, policies, procedures and reports are communicated in a persuasive, accurate and understandable way and that sensitive data is protected.
• Coordinate with Legal in connection with regulatory investigations and examinations.
• Act as a strategic partner to senior leaders across the organisation, initiates and designs policies, guidelines, procedures and awareness campaigns to drive compliance with antitrust/competition laws and influence related strategy across the enterprise.

Minimum Academic, Professional Qualifications and Experience required for this position

• Law degree or suitable alternative (auditing/risk and compliance), with a specialization and/or qualification in competition / antitrust law (South Africa, Sub-Saharan Africa and/or EU).
• Strong knowledge in competition / antitrust law (i.e. prohibited conduct, market inquiries, merger regulation) and policy and risk and compliance program principles
• More than 8 years' work experience in competition law, competition law compliance program implementation in sectors such as retail & wholesale, FMCG, online markets, financials services etc.

Competencies and Skills

• Maintains and promotes the highest level of integrity, ethics and compliance.
• Promotes and ensures compliance to all laws and regulations within and outside the operating environment.
• Strong team and cross-functional influencing capabilities.
• Builds strong and trusting relationships with team members and business partners
• Works collaboratively and cross-functionally to achieve objectives, and results
• Excellent written and verbal communication with energy and positivity to motivate and influence stakeholders
• Sound judgement: Use of objective financial and business analysis to evaluate the returns and risks of business choices.
• Demonstrates curiosity, growth mindset and takes intelligent risks.
• Strong leadership qualities.
• Analyzes and integrates trends and patterns to determine the root cause of problems and identify solutions.
• Evaluates short- and long-term implications of decisions.
• Accurately forecasts growth, costs and business challenges.
• Reporting at all levels of the organizational structure including an international audience.
• Thorough understanding of the organization and the external environment in which it operates.
• Exercises independence of judgment.

"Please note that only the following information is required in your CV:

Contact details (email and contact number); Full name; Date of birth; Race; Gender; Disability status; Location (Current city/town of residence); Qualifications and training; Work experience; Memberships (if any); Personal and technical skills, including computer literacy."

Note that by responding to this application and providing your personal information, you confirm your express and informed consent for Massmart Holdings Limited and all its subsidiaries and all affiliated companies ("Massmart"), to process your personal information in order for Massmart to consider your application for this position. All Personal Information that you provide to the Company will be used and/or retained only for the purposes for which it is collected, whereafter it will be permanently destroyed. Your information is only retained if it is required by law or where you have given consent to us to retain such information for an extended period.