At a Glance
- Tasks: Lead compliance initiatives and ensure contractual commitments are met while fostering growth.
- Company: Join WPP Media, a leader in creative transformation and AI-driven media solutions.
- Benefits: Competitive salary, professional development, and a collaborative work culture.
- Other info: Opportunity to mentor a team and drive innovative compliance strategies.
- Why this job: Make a real impact in a dynamic environment focused on creativity and compliance.
- Qualifications: Qualified accountant/auditor with strong commercial and compliance experience.
The predicted salary is between 63000 - 77000 £ per year.
About WPP Media
WPP is the trusted growth partner for the world’s leading brands.
With exceptional talent, trusted data and intelligence, and world-class partnerships – all united by ourpioneeringagentic marketing platform, WPP Open – we help clients navigate change, capture opportunity, and deliver transformational growth.
WPP Media is WPP's AI-driven media operating unit, bringing together media, data, and partnerships to deliver creative personalisation at scale.
Connected through WPP Open and powered by Open Intelligence, clients see exactly where, how, and why their media investment is working.
For more information, visit wppmedia. com.
- Director, Commercial Compliance - Finance
- About WPP Media
WPP is the creative transformation company.
We use the power of creativity to build better futures for our people, planet, clients and communities.
For more information, visit wpp. com.
WPP Media is WPP’s global media collective.
In a world where media is everywhere and in everything, we bring the best platform, people, and partners together to create limitless opportunities for growth.
For more information, visit wppmedia. com
At WPP Media, we believe in the power of our culture and our people.
It’s what elevates us to deliver exceptional experiences for both our clients and each other.
- In this role it will be critical to embrace WPP & WPP Media’s shared core values:
- Be
Extraordinary by Leading Collectively to Inspire transformational Creativity.
- Create an
Open environment by Balancing People and Client Experiences by Cultivating Trust.
- Lead
Optimistically by Championing Growth and Development to Mobilize the Enterprise.
Role Summary and Impact
This is a fantastic opportunity where we are looking for a Commercial Compliance Director to become part of the WPP Media UK Commercial Compliance team, reporting to the Commercial Compliance VP.
This is a key role, with an overriding objective to partner with the Chief Commercial Finance Officer, Commercial Compliance VP, and other Senior Commercial and Compliance stakeholders to ensure that the agency is complying with all aspects of its contractual commitments whilst fostering a growth mindset.
This includes working with the Commercial team to ensure that contractual provisions in terms of charging mechanisms and notifications to clients are managed accurately and in a timely manner, whilst always having an eye on the Commercial growth and profitability of WPP Media UK.
The other key aspect of the role is to ensure that systems, controls, and processes are robust, standardised, and applied to eliminate any risk of revenue loss.
Responsibilities
- Co management of agency client audit program with specific responsibility for a portfolio of key clients. To include:
- Coordination of the markets/auditors
- Negotiation of scopes of audit, NDAs and MRLs
- Audit briefings
- Maintenance of the annual agency client certification program
- Negotiation of post audit settlement/makegoods
- Implementation of post audit remedial plans
- Tracking of results and correction of any noncompliance issues
- Liaising with third party audit firms, and ensuring that information required is supplied in the correct format and on a timely basis
- Responsibility for all client notifications and declarations
- Working with the commercial team to apply the correct interpretation of WPP’s contractual commitments and reporting thereof, including liaison with affiliate entities.
- Link between the commercial team and finance in ensuring that commercial terms are correctly applied in terms of charging methodology across all income types.
- Supporting the Commercial Compliance VP in ensuring that new commercial models are compliant and have the required level of governance.
- Provide ad hoc commercial analysis for the Commercial Compliance VP.
- To work with the UK, EMEA and Global commercial teams to maintain the compliance schedule and ensure that it is up to date and that changes are communicated to the relevant account teams immediately.
- To review the existing control processes and suggest improvements.
- Working with the Commercial Team, responsible for onboarding new clients/contracts, communicating key commercial compliance and operational terms, assessing commercial risk and implementing counter measures
- Partner in the development of training and best practice programs to include commercial contractual knowledge and deploy into business providing training where necessary.
- Assist in the maintenance of up-to-date agency commercial guidance documentation and systems
- Communicate to the agency/to appropriate personnel any new financial and commercial group policies and ensure these are being implemented
- Hands on engagement in any agency commercial/contractual projects
- Team Leadership & Mentorship
- Manage a small-sized team of supervisors, professionals, and/or analysts, fostering a collaborative and high-performing environment.
- Provide ongoing coaching, training, and development opportunities to enhance team skills and contribute to their professional growth.
Skills and Experience
At WPP Media, we believe in the power of our culture and our people.
It’s what elevates us to deliver exceptional experiences for both our clients and each other.
- In this role it will be critical to embrace WPP & WPP Media’s shared core values:
- Be
Extraordinary by Leading Collectively to Inspire transformational Creativity.
- Create an
Open environment by Balancing People and Client Experiences by Cultivating Trust.
- Lead
Optimistically by Championing Growth and Development to Mobilize the Enterprise.
- Qualified accountant/auditor or someone holding a legal qualification
- Industry Commercial / Compliance / Financial experience
- Knowledge of core agency concepts – agency benefits, disclosed buying models, undisclosed inventory, vendor contracts & remuneration models
- Capacity for multi-tasking and meeting multiple simultaneous deadlines
- High levels of gravitas with strong interpersonal skills, ability to communicate well, build trust and engender strong relationships
• Commercially astute
- Capable of unravelling commercial contracts and interpreting them for Commercial Compliance purposes
- An innate ability to navigate the “grey” and negotiate commercial situations/contracts to the benefit of the agency
- Demonstrates good commercial logic and reasoning
• Strong analytical skills and attention to detail
- Logical, concise and proficient at breaking down challenges into component parts and developing solutions-based responses
- Forward thinking and a detailed planner
- A natural attention to detail and ability to digest information from a wide variety of sources
- Open-minded, adept at developing/ assessing different options and solutions and adopting a helicopter view when needed
- Extensive experience of Financial/audit best practice
- Advanced knowledge and skills within commercial management, with an understanding of the impact of this work on other areas of the organisation (e. g., Finance, Legal, Client Leadership).
- Strong experience in managing client compliance audit negotiations.
- Strong organisational skills with the ability to prioritise tasks and meet deadlines in a fast-paced environment.
- Proven ability to manage and develop a team, providing clear instruction and constructive feedback.
- Proactive approach, a logical and analytical thought
- #J-18808-Ljbffr
Director, Commercial Compliance employer: Wppmedia
WPP Media is an exceptional employer that fosters a dynamic and collaborative work culture, offering employees the flexibility of a hybrid working model in the vibrant setting of Greater London. With a strong emphasis on professional growth, we provide ample opportunities for skill development and career advancement, ensuring that our team members are equipped to deliver outstanding client solutions. Join us to be part of a forward-thinking organisation that values innovation and teamwork.
StudySmarter Expert Advice🤫
We think this is how you could land Director, Commercial Compliance
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Wppmedia looking for candidates who are engaged and informed.
We think you need these skills to ace Director, Commercial Compliance
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Wppmedia. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Wppmedia
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Wppmedia’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
