Responsibilities
*Develop, implement, and manage the organization's compliance policies, procedures, and programs to ensure adherence to relevant laws, regulations, and industry standards.
*Stay up-to-date with evolving regulatory requirements and industry best practices, providing guidance to internal teams on compliance matters.
*Conduct thorough risk assessments to identify potential compliance vulnerabilities and gaps, and recommend mitigation strategies.
*Collaborate with cross-functional teams to design and deliver compliance training programs for employees, ensuring awareness and understanding of compliance obligations.
*Monitor and evaluate the organization's activities to ensure they align with compliance policies and regulations, proactively identifying areas for improvement.
*Perform regular audits and assessments to measure compliance effectiveness, producing reports and recommendations for senior management.
*Develop and maintain a framework for reporting and investigating compliance violations, and ensure appropriate corrective actions are taken.
*Liaise with regulatory authorities and industry associations, representing the organization and responding to inquiries or audits as needed.
*Stay informed about changes in laws, regulations, and industry standards, and communicate their impact to relevant stakeholders.
*Collaborate with legal and risk management teams to address compliance issues and provide legal support as necessary.
*Lead the response to compliance incidents, guiding investigations, overseeing corrective actions, and preventing future occurrences.
*Build and nurture a culture of compliance within the organization, promoting ethical behavior and responsible business practices.
*Provide regular updates and reports to senior management and the board of directors on the organization's compliance status and performance.