Compliance Specialist

We are looking for a talented Compliance Specialist to join our team specializing in Law for our Cummins Inc. facility in Indianapolis, Indiana.

In this role, you will make an impact in the following ways:

- Responsibilities include ensuring that all customer interactions, transactions, and data collection practices adhere to relevant laws, regulations, and internal policies, by monitoring customer vendor forms and vendor portal activity, conducting customer compliance reviews, and educating both external customers and internal stakeholders on necessary procedures.

- Efficient Coordination: By managing project schedules, resources, equipment, and information, you will ensure smooth project execution and timely completion.

- Stakeholder Engagement: Liaising with stakeholders to define project requirements and objectives will help meet their needs and ensure project success.

- Training and Development: Developing and updating training materials, process manuals, and job aids will enhance team knowledge and efficiency.

Additional Information:

Key Responsibilities of a Compliance Specialist:

- Certificate of Insurance: Review and respond to internal and external stakeholder /customer requests for certificates of insurance. Work diligently with Cummins insurance company to provide accurate COIs to present to external customers.
- Monitor COI database to exclude duplicative COIs and non-renewable COIs, adjust existing Coi’s to ensure they are compliant with current Cummins Inc and contract Insurance requirements.
- Compliance Assessments: Conducting regular reviews of customer records and processes to identify potential compliance issues and areas for improvement as well as updating compliance library.
- Policy Enforcement: Adherence to customer-related compliance policies, while protecting Cummins’ risk.
- Training: Providing training and information to internal stakeholders and external customers regarding compliance requirements.
- Reporting & Escalation: Identifying and reporting any compliance concerns or potential violations to upper leadership within the company.
- Regulatory Updates: Staying informed about changes in customer compliance regulations and updating internal procedures/library accordingly.

Required Skills for a Compliance Specialist Role:

- Strong analytical skills: Ability to review and analyze customer data to identify potential compliance risks.
- Detail-oriented: Meticulous attention to detail to ensure accuracy in customer information and compliance checks.
- Communication skills: Effective communication with internal stakeholders and external customers, to explain compliance requirements and address concerns.
- Problem-solving abilities: Ability to identify and resolve compliance issues proactively. Capability to comprehend and identify potential business risks in external customer forms/portals, documents, and requests. Knowledge of the CSSNA business unit segments and hierarchy.