Compliance and Risk Manager

Company Overview:

Utilities One (U1) is a leading provider of comprehensive infrastructure solutions for Telecommunication Providers, Electric Utilities, Wireless Providers, Water Utilities, Telecom Engineering, and Fulfillment Services (LECs/MSOs). We offer a full suite of services to support infrastructure projects, providing end-to-end solutions to our valued clients. At U1, we are committed to excellence, integrity, and innovation in all that we do, and we are dedicated to driving success for both our clients and our team members.

Position Overview:

The Compliance and Risk Manager will be responsible for ensuring that the Company adheres to all regulatory and compliance requirements specific to the telecommunications industry on the contractor side. This individual will develop, implement, and oversee risk management policies, create compliance documentation, assess insurance coverage and claims, conduct risk assessments, and ensure all compliance criteria are met across the company. The role involves reporting on compliance and risk-related matters to senior management and implementing procedures to enhance overall effectiveness.

Key Responsibilities:

1.       Compliance Criteria and Monitoring:

·         Develop and maintain a comprehensive understanding of all regulatory and legal requirements affecting the Company operations.

·         Conduct regular compliance checks and risk assessments to ensure all divisions meet necessary industry standards and criteria.

·         Collaborate with other department heads to ensure alignment with compliance policies, especially in relation to contracting operations.

2.       Policy Development:

·         Create and update company-wide compliance policies, procedures, and guidelines specific to Company operations.

·         Develop risk assessment policies to address key areas of concern for the telecommunications sector.

·         Ensure that all policies are clearly communicated and integrated.

3.       Compliance and Risk Reporting:

·         Monitor and report on risks regularly, preparing detailed risk management reports for senior leadership, highlighting compliance breaches, areas of non-compliance, key risks, and mitigation efforts.

·         Develop and implement risk mitigation strategies that address telecommunications contracting challenges, ensuring risks are minimized and managed.

4.       Insurance and Claims Management:

Oversee the processing and management of insurance claims, including subcontractor-related claims.

Requirements

·         Bachelor’s degree in law, business administration, risk management, or a related field (Master's degree preferred).

·         5+ years of experience in compliance, risk management, or a related field, with a focus on telecommunications industry and contractor operations.

·         In-depth knowledge of regulatory requirements, risk management practices, and compliance frameworks in the telecommunications sector.

·         Strong experience in assessing insurance policies, handling claims, and ensuring company-wide compliance for contractors in the telecom industry.

·         Excellent organizational, communication, and leadership skills.

·         Ability to work cross-functionally and implement procedures across multiple departments.

·         Analytical skills to assess risks and create effective strategies for mitigation.