Chief Compliance Officer

Contactx Resource Management Pvt. Ltd.
  • Bangalore
  • Confidential
  • 2-7 years
  • Views
  • 16 Aug 2018

  • Legal

  • Accounting/ Taxation/ Audit
Job Description

The Chief ComplianceOfficer (CCO) is a Director level position that reports directly to the Managing Director (MD)and is responsible for the maintenance and execution of GDCs compliance processes and controls, development and delivery of regulatory guideline trainings to GDC professionals, maintaining dialogue with member firm stakeholders regarding, Independence, confirmation and mandatory training and other regulatory inquiries. Essential Duties & Responsibilities: VisionandStrategy: Work with the MD and Chief Operating Officeron the strategic vision including fostering and cultivating stakeholder relationships. Update and maintain GDCs Enterprise Risk Management governance framework, including identifying potential areas of compliance vulnerability and risk; developing/implementing corrective action plans for resolution of problematic issues, and providing general guidance on how to avoid or deal with similar situations in the future. Develop and implement operational compliance audits, including Independence audits Participate or lead strategic projects or programs as required by the MD from time to time. Attend certain Board and Subcommittee meetings upon request Compliance Program: Develop, initiate, maintain, and revise policies and procedures for the general operation of the GDCs Compliance Program and its related activities to prevent illegal, unethical, or improper conduct. Manage day-to-day operation of the Program. Periodically review and updateCode of Conduct to ensure continuing currency and relevance in providing guidance to management and employees. Respond to alleged violations of rules, regulations, policies, procedures, and Code of Conduct by evaluating or recommending the initiation of investigative procedures. Oversee a system for uniform handling of such violations. Collaborate with other GDC/India/US/Canadian departments (e.g., Internal Audit, Human Resources, etc.) to direct compliance issues to appropriate existing channels for any further investigation and resolution. Consult with the GDC attorney as needed to resolve difficult legal compliance issues. Active review and approval of all potential independence and other compliance violations and any applicable waivers Active review and approval of all GDC contracts and agreements. Reporting: Prepare monthly ethics and compliance reports for GDC leadership and relevant stakeholders which report, among other things, any potential independence violations and mandatory confirmations and trainings. Liaison with the US, Canadian, and Indian risk management counterparts in reviewing relevant compliance reports or regulatory inquiries, which may include GDC personnel or interests. Compliance and Secretarial: Be the first line of defense for the MD as relates to all India compliance and regulatory affairs. This includes interpreting legislative rules and regulations to ensure compliance with all governmentand regulatory guidelinesand monitoring compliance. In coordination with the Chief Financial Officer (CFO), preparation of Board Deck for Board Meeting and CSR Meeting and ensure complying with Registrar of Company for filing of all necessary documentation. In coordination with the CFO, be responsible for all statutory reporting (CSR, RBI, etc) in consultation with relevant KPMG India teams. In coordination with HR be responsible for compliances as relates to Shop and Establishment Act, Payment of Bonus Act, Payment of Gratuity Act, Maternity Benefit Act,the Employees Provident Fund Act and such other Acts covered under labour laws. Support and furnish required information to US/India/Canadian Internal Audit functionas required and facilitate presentation of audit reportsto the GDC Board. Maintain an orderly and systemic filing system. Key personal attributes: Ability to provide leadership to drive the organization incompliance with all applicable laws, regulations, internal policies, and agreements. Strong executive presence and articulation skills required to influence business leaders and stakeholders. Analytical mind-set having keen observational qualities and an eye for detail. Ability to drive change through strong collaborative skills and ability to work seamlessly with cross-functional teams. Strong relationship building and management skills Prior Experience: Update and maintain GDCs Enterprise Risk Management governance framework, including identifying potential areas of compliance vulnerability and risk; developing/implementing corrective action plans for resolution of problematic issues, and providing general guidance on how to avoid or deal with similar situations in the future. Desired Candidate Profile: Qualification Chartered Accountancy or, MBA (Finance/Accounting), or and Company Secretary or LLB.


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