What does a Compliance Officer do?

The Compliance Officer is responsible for ensuring that the company operates in accordance with all applicable laws, regulations, and internal policies. They will develop and implement compliance programs, conduct audits, and provide guidance to employees on compliance matters. This position reports directly to the Chief Legal Officer, ensuring effective communication and alignment with the company's legal and regulatory obligations.

Responsibilities of Compliance Officer

• Develop and implement compliance policies and procedures to ensure adherence to applicable laws and regulations.
• Conduct regular compliance audits and risk assessments to identify potential areas of non-compliance.
• Monitor and evaluate the effectiveness of existing compliance programs and recommend improvements as necessary.
• Provide guidance and training to employees on compliance-related matters, including ethics, anti-corruption, and data privacy.
• Investigate and respond to compliance-related complaints and concerns raised by employees or external parties.
• Stay updated on changes in laws and regulations that may impact the company's operations and ensure timely compliance.
• Collaborate with internal departments to ensure compliance with industry-specific regulations and standards.
• Prepare and submit required compliance reports to regulatory authorities as per their guidelines.
• Conduct internal investigations into potential violations of compliance policies and take appropriate disciplinary actions.
• Serve as a point of contact for regulatory agencies and external auditors during compliance audits and inspections.