Director, Commercial Compliance

Director, Commercial Compliance Overview

WPP Media is seeking a Director of Commercial Compliance to join its UK Commercial Compliance team. This pivotal role involves partnering with senior stakeholders to ensure compliance with contractual commitments while promoting a growth mindset within the agency. The successful candidate will work closely with the Chief Commercial Finance Officer and the Commercial Compliance VP to manage client audit programs and ensure robust systems and processes are in place to mitigate revenue loss.

Key Responsibilities

• Co-manage the agency’s client audit program, focusing on a specific portfolio of key clients.
• Coordinate with markets and auditors, negotiate audit scopes, NDAs, and MRLs.
• Conduct audit briefings and maintain the annual agency client certification program.
• Negotiate post-audit settlements and remedial plans, ensuring tracking of results and addressing noncompliance issues.
• Liaise with third-party audit firms, ensuring timely and accurate information submission.
• Oversee all client notifications and declarations, ensuring compliance with contractual commitments.
• Collaborate with the commercial team to accurately interpret and report on WPP’s contractual obligations.
• Serve as a liaison between the commercial team and finance to ensure correct application of commercial terms.
• Support the Commercial Compliance VP in ensuring new commercial models meet compliance and governance standards.
• Provide ad hoc commercial analysis for the Commercial Compliance VP.
• Work with UK, EMEA, and Global commercial teams to maintain and communicate updates to the compliance schedule.
• Review existing control processes and recommend improvements.
• Assist in onboarding new clients/contracts, communicating key compliance terms, assessing risks, and implementing countermeasures.
• Partner in developing training programs on commercial contractual knowledge and deliver training as needed.
• Maintain up-to-date agency commercial guidance documentation and systems.
• Communicate new financial and commercial group policies to relevant personnel and ensure implementation.
• Engage hands-on in agency commercial and contractual projects.

Skills and Experience

• Qualified accountant or auditor, or possess a legal qualification.
• Experience in commercial, compliance, or financial roles within the industry.
• Knowledge of core agency concepts, including agency benefits and vendor contracts.
• Ability to manage multiple tasks and meet tight deadlines.
• Strong interpersonal skills with the ability to build trust and foster relationships.
• Commercially astute with the ability to interpret contracts for compliance purposes.
• Proficient in navigating complex commercial situations and negotiations.
• Demonstrate strong analytical skills and attention to detail.
• Forward-thinking with excellent planning abilities.
• Experience in financial and audit best practices.
• Advanced knowledge in commercial management and its organizational impact.
• Proven experience in managing client compliance audit negotiations.
• Strong organizational skills with the ability to prioritize effectively.
• Proactive with a logical thought process and high accuracy in output.
• Excellent negotiation and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Highly proficient in Excel with advanced skills.

Benefits

• Competitive medical, group retirement plans, vision, and dental insurance.
• Significant paid time off.
• Preferential partner discounts.
• Employee mental health awareness days.
• Opportunities for professional growth and networking through global WPP resources.
• Access to employee resource groups and in-office events.

WPP Media is committed to fostering a culture of respect and inclusivity, ensuring equal opportunities for all employees. The role operates on a hybrid working model, with teams expected to be in the office approximately four days a week. If you require accommodations or flexibility, please discuss this during the interview process.

Degree Requirement: Not Specified

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