Policy and program development:
Create and update company policies to ensure they align with legal and regulatory requirements. Develop and implement a comprehensive legal compliance program.
Risk management:
Conduct regular risk assessments to identify vulnerabilities and potential areas of non-compliance. Advise on risk management strategies and help integrate compliance into business processes.
Auditing and monitoring:
Perform internal audits and inspections to assess compliance status and identify gaps. Monitor adherence to internal controls and policies.
Training and guidance:
Educate employees on compliance matters and legal updates through training programs. Provide guidance and act as a liaison between departments and senior management on compliance issues.
Reporting:
Prepare and submit compliance reports to regulatory authorities and senior management.
Investigations:
Investigate compliance issues, including potential breaches, and recommend or implement corrective actions, which may include disciplinary measures.
Essential skills and qualifications
Strong knowledge of relevant laws, regulations, and industry standards.
Exceptional analytical and problem-solving skills.
Excellent communication and interpersonal skills for effective training and collaboration.
High attention to detail and the ability to interpret complex legal documents.
Often requires a bachelor's degree in law, business, finance, or a related field, and sometimes a compliance or ethics certificate.