- Ensure that all business practices and operations are in full compliance with regulatory requirements.
- Monitor regulatory changes, interpret implications for the organization, and update policies and procedures as needed.
- Collaborate with relevant departments to implement compliance strategies that align with legal and regulatory standards.
- Conduct regular compliance audits and assessments, addressing any potential non-compliance issues.
Contractual Compliance
- Develop and implement processes to ensure adherence to contractual terms and obligations.
- Monitor ongoing projects and business operations to confirm compliance with all contractual commitments.
- Maintain detailed records and tracking systems for all active contracts, reporting on compliance metrics.
Contractual Risk Assessment
- Conduct thorough risk assessments for all contracts, identifying any potential legal, financial, or operational risks.
- Provide insights on contract risks, highlighting areas that may impact business performance.
- Collaborate with legal and procurement teams to negotiate contract terms that minimize risks.
- Establish and manage a risk mitigation framework to address identified risks,
including developing contingency plans and strategies.
Policy and Process Development
- Draft and implement policies to support regulatory and contractual compliance objectives.
- Develop and maintain risk assessment protocols and tools for ongoing evaluation of contract risks.
- Train and educate team members on compliance requirements and risk management strategies.
Reporting and Stakeholder Management
- Prepare and present regular reports on compliance status, risk exposure, and mitigation activities to senior management.
- Act as the primary liaison with external auditors and regulatory bodies.
- Provide guidance to business units on compliance requirements and risk management best practices.
Ideal Candidate Profile
- Education: Chartered Accountant (CA), Company Secretary (CS), Master of Laws (LLM), or Bachelor of Laws (LLB).
- Experience: 4+ years in regulatory compliance, contractual compliance, or risk assessment, preferably within a corporate workplace.
Skills: Compliance, Process Development, Reporting, Stakeholder Management, Risk Mitigation