Trade Compliance Manager

We are a leading chemical company, with the best teams developing intelligent solutions for our customers, and for a sustainable future.

We connect and develop people with diverse talents all over the world. For you, this means a variety of ways to progress.

Not only your performance but also your personality matter to us, regardless of gender, age, ethnicity, orientation, and background.  At BASF, careers develop from opportunities. 

Do you want to work with passionate teams, providing excellent business and digital services to the Asia Pacific region?

Do you want an open, supportive, and caring working environment?

Do you view your development needs seriously as we do?

If YES, then take your career to the #NextLevel with BASF!

Objectives of the Position

•    Continuously develop BASF's Standard for Trade Compliance in the area of Business Partner Due Diligence, contextualizing for various business models 
•    Investigate Sanctioned Party true-matches and provide expert judgement 
•    Improve interfaces and processes with Trade Compliance Operational hub 

Main Tasks

Continuously develop BASF's Standard for Trade Compliance in the area of Business Partner Due Diligence

• Review, maintain & develop compliance concepts and their implementation for all BASF legal entities in scope inclusive necessary instruments to control trade in the light of dynamic trade restrictions and sanctioned parties
• Collaborate with Trade Compliance Global Topic Owners e.g. Responsible Supply Chain, Embargos or Defense Military Compliance to co-develop BASF’s approach in regard to enhanced business partner due diligence

Business Model / Business Partner Consultancy

• Assess impact for EU sanctions packages from Business Partner perspective
• Support business units or service units with deep-dive evaluations on business partners upon request
• Liaison for ad hoc requests related to suspicious business partners, e.g., from Corporate Trade Compliance, Treasury, Corporate Legal or other functions with regard to Anti-Money-Laundering, German Supply Chain Act, Modern Slavery etc.

Recurrent Business Partner Checks & Reporting

• Recurring evaluation of financial institutions relevant for BASF, BASF employees, retirees
• Work with Trade Compliance operations hub to continuously streamline and improve processes for Sanctioned Party screening and true-match evaluation
• Provide reports to relevant accountable units

Requirements

Education

• University graduate in business law, legal studies, compliance, finance, banking, supply chain

Working Experience

• Min 5 years of relevant professional experience in the field of foreign trade or compliance within banking sector, chemicals/ pharmaceutical/ life science industry, commodities trading, or mechanical /plant engineering international trading company
• Experience in managing risks
• Experience with sanctions procedures, KYC, due diligence process would be beneficial
• Experience with compliance tools (e.g., Dow Jones) would be beneficial
• Knowledge of Sanctions Lists preferred

Technical & Professional Knowledge

• Demonstrable analytical and conceptual thinking
• High critical thinking, investigative and problem-solving skills
• Entrepreneurial drive to take ownership until resolution including interfacing with Authorities if required
• Familiarity with BASF business processes would be a plus

The BASF Service Hub Kuala Lumpur (BASF Asia-Pacific Service Centre Sdn Bhd) is strategically located in the capital city of Malaysia. Since its inception in 2005, the hub has expanded from 130 employees to over 1,300 employees currently and is expected to keep growing. As an ISO 9001:2005 certified organization, the Service Hub Kuala Lumpur is committed to delivering high quality expertise and services in finance, people, supply chain, EHSQ (environment, health, safety, quality), product safety and digital.

We take pride in providing our business services to BASF companies and affiliates across 20 markets in the Asia Pacific region and beyond. Moreover, we offer our services in 8 different languages to cater to the diverse needs of our stakeholders. Our focus on competency and technology-driven solutions allows us to consistently deliver exceptional services, thereby contributing to the success of our businesses. BASF also has two other regional hubs located in Berlin, Germany, and Montevideo, Uruguay, which cover the European and American regions.

BASF Service Hub Kuala Lumpur was recognized with nine prestigious awards in 2024, reflecting its commitment to creating a vibrant, inclusive, and empowering workplace. These awards include winning the title of Operational Excellence in HR at the GBS Asia Awards 2024, multiple accolades at the Life at Work Awards 2024, where the hub was recognized as First Runner-up for Workplace Excellence (International Organization) and CEO Champion (International Organization), as well as Second Runner-up for Best International Organization. The hub also won the title for Excellence in Learning Tech Advancement System and a Certificate of Excellence in Talent Management and Leadership at the HRD Awards 2024. Furthermore, the hub secured a Bronze Award for Excellence in Digital Transformation at the HR Excellence Awards 2024 and received a Bronze Award for Human Resources Impact and an Honorary Award for Creative Talent Management Impact at the SSON Impact Awards Asia 2024.

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.