Head of Compliance

Devens, MA
3 months ago
Full time role


The world needs a fundamentally new source of clean energy to meet our growing energy demands and combat climate change. ...

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Job Description

Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy.
CFS collaborates with MIT to leverage decades of research combined with groundbreaking new high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost. Our mission is to deploy these power plants to meet global decarbonization goals as fast as possible. To that end, CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change. To implement this plan, we are looking to add dedicated people to the team who treat people well, improve our work by adding multifaceted perspectives and new ways of solving problems, have achieved outstanding results through a range of pursuits, and have skills and experience related to this role.
CFS is looking for an experienced Compliance leader and entrepreneur to design, build, and lead our Compliance function. As our Head of Compliance, you will guide our strategy and determine the most effective ways to ensure CFS' legal and regulatory compliance with a focus towards always innovating, using streamlined tools, and finding creative ways to build a compliance capability that furthers our mission to deploy fusion power plants into the world.
Our ideal candidate has a demonstrated track record for building high-functioning compliance functions at similarly fast moving and technical organizations. They should have experience implementing internal controls and promoting an organization-wide culture of compliance to prevent and detect compliance issues, ensure compliance with regulatory and legal requirements, train employees on how to identify and reduce risks, and provide a robust network for reporting of issues.
The position will report directly to the Chief Operating Officer and work closely with key functions including Global Supply Chain and Movement Building (specifically Government Affairs).

The Head of Compliance will use attention to detail, a team player mindset, strong writing and problem solving skills to grow and support CFS’ compliance program by:

  • Identifying potential risk areas, deficiencies in current compliance related practices and assisting with developing appropriate program modifications and related activities
  • Ensuring continuous compliance to business partnership, regulatory, and legal requirements by developing/improving and administering the necessary processes:
  • Business partnership and contract compliance
  • Government contracts
  • Export control and sanctions. Immigration and contractor program as it relates to export control.
  • GDPR and other government requirements for personal data protection (CCPA, HIPAA, etc.)
  • US Debarment (OFAC now GCL)
  • Grants and joint R&D programs with academia and government entities
  • Supporting CFS operational SMEs (HR, Finance, IT, EHS) under the overall company compliance framework:
  • Support issues identification and resolution as required
  • Ensure internal policies and documentation are in place, known, followed appropriately and integrated into the overall compliance program
  • Act as point person to external auditors of CFS’ operational functions. Create and maintain a central repository of external materials with consistent branding and messaging to be shared with external parties.

The ideal candidate will have most, if not all, of these requirements:

  • A demonstrated track record for building high-functioning compliance functions at similarly fast moving and technical organizations using the DOJ’s Seven Elements of an Effective Compliance Program
  • Experience in exercising independent judgment assessing, planning, conducting workplace evaluations and making recommendations for new programs, processes
  • Experience presenting complex issues in a clear and concise manner, both in writing and verbally for presentation or review by senior leadership
  • Experience conveying facts, analyses, conclusions, and recommendations in a logical, concise written work product
  • Demonstrated ability to independently identify problems and suggest creative solutions
  • Experience concurrently managing numerous complex projects, transactions, opportunities and relationships with competing deadlines
  • Bachelor's degree with 10+ years relevant experience or Masters or Law degree preferred with 5+ years experience. Most recent relevant experience preferably Director or VP level.

Additional preferred experience and/or qualifications:

  • Able to build a solid, effective compliance program leveraging good internal and external working relationships
  • Able to apply appropriate policies and practices in the completion of ethics and compliance assignments. Skilled in critical decision-making.
  • Possesses strong organizational and time management skills, driving tasks to completion
  • Able to constructively work under stress and pressure when faced with high workloads and deadlines
  • Able to work independently with minimum supervision
  • Able to maintain confidentiality of sensitive information
  • Ability to type, stand, and sit for extended periods of time
  • #LI-Hybrid

CFS team members thrive in a fast-paced, dynamic environment and have demonstrated exceptional results through a range of different pursuits. We all tightly align with our company values of integrity, execution, impact and self-critique. As we grow, we are looking to add talented people who are mission driven and bring diverse perspectives and new ways of solving problems.
At CFS, we deeply value diversity and are an equal opportunity employer by choice. We consider all qualified applicants equally for employment. We do not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.

The world needs a fundamentally new source of clean energy to meet our growing energy demands and combat climate change. ...

View Company Profile