Trade compliance manager—the unsung hero of 2018

Free stock photo of marketing, businessman, man, personIn every organization—business, political, social, household—there is what’s often described as an unsung hero; an individual who plays a pivotal role but is often overlooked or uncelebrated. Within global organizations engaged in international trade, perhaps one of the most under-celebrated and under-appreciated is the compliance manager.

For the uninitiated, a trade compliance manager is someone who deals with the legal, regulatory, and administrative aspects of importing/exporting goods into a specific country or trade zone. The compliance manager’s goals are: to certify goods are being brought into a country in a manner that is compliant with the laws and regulations of the land; to ensure goods are being imported in the most cost-effective manner, leveraging preferential duties under trade agreements; to identify and mitigate risks associated with non-compliance to prevent unnecessary (and significant) penalties; and, to prepare for customs/government audits. In short, they are responsible not only for saving and protecting millions of dollars in international-related transactions, but also for protecting the reputations and good standing of the corporations they represent.

Source: Global Trade

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