Core responsibilities
Policy and program development:
Create, implement, and enforce compliance programs, policies, and procedures that align with legal and ethical standards.
Risk assessment and mitigation:
Conduct regular risk assessments to identify potential compliance gaps, and develop and implement corrective actions.
Auditing and monitoring:
Perform internal audits and monitor business operations to ensure adherence to regulations and internal controls.
Training and education:
Educate and train staff on legal requirements and company policies to ensure awareness and understanding.
Regulatory liaison:
Stay up-to-date on all relevant regulatory developments and act as a point of contact for regulatory bodies.
Reporting:
Prepare and submit compliance reports to management and regulatory authorities.