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Developing, implementing and enforcing procedures and policies to ensure the organisation's compliance with industry and government regulations. Consistent risk assessments to recognise areas where the company might be vulnerable to non-compliance. Working with other departments in the company, such as the legal, human resources and finance departments, to ensure compliance of all departments.
Job Responsibility:
Developing and implementing compliance programs and policies
Creating and maintaining internal controls and auditing processes
Conducting compliance risk assessments and identifying potential vulnerabilities
Providing training and education to employees on relevant regulations and procedures
Monitoring and investigating compliance issues and implementing corrective actions
Collaborating with external auditors and various departments
Staying informed on industry trends, regulatory changes, and best practices
Managing reporting and escalation of compliance issues to senior management
Requirements:
A bachelor's degree in finance, law, business administration or a related field
Thorough knowledge of the industry standards, laws and regulations in India
Demonstrable experience in compliance and risk management
Knowledge of financial crime and anti-money laundering regulations
Familiarity with developing and executing compliance management techniques
Experience in conducting audits and investigations and providing relevant strategies