Delphi Automotive PLC (NYSE: DLPH) is a leading global technology company for automotive and commercial vehicle markets. We don’t wait for the future. We create it. For us, the future is here and now. We collaborate, innovate and execute with excellence to deliver solutions that help make vehicles safer, greener and more connected. Delphi is headquartered in Gillingham, UK with Corporate Offices in Troy Michigan and significant operations in Bascharage, Luxembourg, Wuppertal Germany and Shanghai, China. The company has 173,000 employees including 19,000 engineers, and operates 14 major technical centers and 126 manufacturing sites and customer support services in 44 countries.
In 2015, Delphi’s revenue for the year were $15.2 billion, with a compound annual growth rate of 6% since 2010 and operating income expanded at a compound annual growth rate of 11% over the same period. This sales performance represents a continued customer and geographic mix. Sales by region were as follows: Americas – 36%; Europe, Middle East and Africa – 33% and Asia-Pacific – 31%. Moreover, margins have expanded 60 basis points to 13 percent. In addition to strong financial results, Delphi delivered excellent quality and launch performance in 2015 – a tremendous accomplishment considering the complexity of a business that ships 60 million parts and 20 billion lines of code daily.
Delphi’s business includes three of the following reporting segments, each managed by a divisional president with full global P&L responsibility. This structure supports a focused, flexible operation, allowing Delphi to design, develop and manufacture highly engineered solutions in the safe, green and connected spaces.
- Powertrain Systems – Provides systems integration of full end-to-end gasoline and diesel engine management systems including fuel handling, fuel injection, combustion, electronic controls, test and validation capabilities, aftermarket and original equipment services. Delphi’s design solutions optimize powertrain power and performance while helping customers meet new emissions and fuel economy regulations. This segment also includes Delphi Product & Service Solutions, which has annual sales of $1.1 billion for original equipment replacement parts and diagnostic tools and training services sold globally.
- Electronics and Safety (E&S) – Provides critical components, systems and advanced software for passenger safety, security, comfort and infotainment, as well as vehicle operation, including body controls, reception systems, infotainment and connectivity systems, hybrid vehicle power electronics, passive and active safety electronics, displays and mechatronics. Delphi’s E&S products integrate and optimize electronic content, which improves fuel economy, reduces emissions, increases safety and provides occupant infotainment and connectivity.
- Electrical/Electronic Architecture (E/EA) – Provides complete design of the vehicle’s electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers and hybrid high voltage and safety distribution systems. These products provide the critical electrical and electronics backbone that supports increased vehicle content and electrification, reduced emissions and higher fuel economy through weight savings
The Vice President – Compliance, a newly created position, is responsible for the continued development, implementation, and enforcement of the Company’s corporate compliance program. Working with the General Counsel and Chief Compliance Officer, this role will help establish Delphi’s compliance strategy and goals, while serving as the primary ambassador for all compliance related matters.
- Develop and manage policies, processes and procedures to enhance the Company’s compliance program.
- Manage the global communication plan for policies and procedures related to compliance.
- Oversee and provide enterprise training on relevant compliance topics by leveraging resources in the organization.
- Develop and implement risk- assessment programs for compliance areas.
- Conduct enterprise risk assessments and identify potential areas of compliance vulnerability and risk; develop and implement corrective action plans for resolution and other preventative measures.
- Implement a process for the conduct and oversight of due diligence investigations of third parties with which the Company does or may seek to do business. Advise with respect to compliance-related issues in written agreements with third parties. Oversee vendor compliance audits.
- Lead in the maintenance and communication of policies to encourage employees to identify wrongdoing, including policies to ensure that such employees do not experience retaliation.
- Lead the development and administration of global processes and protocols for investigating and, where necessary, addressing alleged violations of the Code of Conduct.
- Provide reports on a regular basis, and keep senior management and the Audit Committee of the Board informed of the operation and progress of compliance efforts.
- Chair the Company’s Compliance Review Board, which includes members of senior management.
- Manage (collaboratively) and leverage regional compliance resources.
- Oversee third party intermediary management program and ensure other effective communication methods are available for employee ethic and compliance concerns.
- Understand emerging markets/develop program for compliance in those areas.
- Enterprise thinking: Promotes global thinking and challenges the organization to lead in the best interest of the enterprise.
- Customer and Market Focus: Anticipates and is out-in-front of market, business, technology and customer trends and moves proactively to drive positive business outcomes.
- Bias for Action: Builds an environment that emphasizes taking initiative and acting quickly.
- Business Candor: Leads the organization and communicates transparently when faced with adversity or uncertain conditions. Makes tough or unpopular decisions for the good of the organization.
- Steel Trap Accountability: Plays a front-and-center role in ensuring commitments are met; pushes back and makes changes to prevent the organization from missing commitments.
- Truth on Talent: Sponsors and champions organization-wide initiatives to ensure leadership excellence and build ready talent. Differentiates talent, making appropriate investments and taking timely action.
- Collaboration: Creates a climate where people communicate openly and inclusively across the organization and teams to integrate a wide array of viewpoints in pursuing solutions and innovation.
- Cultivates Innovation: Directs and inspires people to generate and implement breakthrough solutions; takes smart risks to drive innovation.
- Builds Trust: Develops strong trust in the organization and its leaders through transparency, open communication and consistency during challenging times.
- Adaptive to Change: Champions organizational flexibility; creates the structures and fosters a culture that makes adaptability second nature.
The ideal candidate will possess:
- Minimum 5 years of compliance leadership experience for a global consumer, manufacturing or industrial company.
- Bachelors degree or equivalent
- Knowledge of law, regulations and best-control practices and a strong working knowledge of global regulatory issues affecting manufacturing and industrial businesses.
- Experience interacting with senior level officers of a public company.
- Experience evaluating information to determine compliance with standards, laws, and regulations.
- Experience in identifying operational issues and recommending and implementing strategies to resolve problems.
- Experience working collaboratively in a matrixed environment and influencing others at all levels to accomplish objectives without necessarily having direct authority.
- Willing to travel as necessary for business purposes.