Compliance Officer

Job Purpose:

To ensure that the company complies with legal and regulatory requirements, as well as internal policies and procedures. The Compliance Officer is responsible for identifying potential risks, advising management on necessary actions to stay compliant, and ensuring the organization operates within the law and upholds high ethical standards.

Responsibilities and Duties:

Compliance:
Develop, implement, and monitor the company's compliance program to ensure adherence to legal and regulatory standards.
Stay up to date with applicable laws, regulations, and industry standards, ensuring the company remains compliant with any changes.
Conduct regular audits and assessments to identify potential compliance risks or breaches.
Establish and maintain internal policies and procedures that align with legal and regulatory requirements.
Implement and manage compliance risk assessment processes and compliance frameworks.
Monitor and report on the effectiveness of compliance controls, providing recommendations for improvements or corrective actions.
Liaise regulatory agencies, and other relevant authorities during inspections or audits.
Investigate and resolve compliance issues or concerns, escalating serious breaches to senior management and regulatory authorities when necessary.
Maintain documentation related to compliance activities, including audit reports, risk assessments, and regulatory filings.
Prepare reports and presentations to senior management and the board of directors on compliance matters.
Educate and train employees on compliance-related matters, including company policies, regulatory obligations, and best practices.
Foster a culture of integrity and compliance within the organization, ensuring all employees understand their responsibilities.
Legal:
Manage/oversee any legal disputes, including representing the company in court proceedings either directly or through external legal counsel.
Provide legal advice, draft contracts, conduct revisions and negotiations
Develop and maintain templates of legal documents (NDAs, MOUs, T&C in commercial agreements, etc.)
Retain, liaise with, and manage external legal counsel
Education:

• Bachelor's degree in law, or a related field. A master's degree in law or Compliance Management is preferred.

Experience:

• Minimum of 5 - 8 years of experience in compliance, legal, audit, or risk management roles.
• Proven track record of developing and implementing compliance programs in a highly regulated environment.

Competencies:

• Strong understanding of compliance principles, laws, regulations, and industry standards.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to handle confidential and sensitive information with discretion.
• Excellent communication and interpersonal skills to liaise with regulatory bodies, management, and employees.
• Ability to work independently and manage multiple tasks with a high level of organization.
• Familiarity with using compliance management software and tools