Job Summary:
We are seeking a highly skilled Compliance & Risk Management Expert to ensure organizational adherence to regulatory frameworks and proactively mitigate risks. The ideal candidate will lead compliance initiatives, manage internal audits, oversee third-party assessments, and develop effective risk mitigation plans. This role requires extensive experience in compliance, regulatory oversight, and risk management to safeguard the organization’s integrity and reputation.
Key Responsibilities:
Compliance Oversight:
- Ensure compliance with all applicable laws, regulations, and internal policies.
- Monitor regulatory updates and implement necessary changes to maintain compliance.
Risk Assessment and Mitigation:
- Conduct comprehensive risk assessments to identify potential threats.
- Develop and implement effective mitigation strategies and contingency plans.
Audit Management:
- Lead internal audits and coordinate third-party assessments to evaluate compliance practices.
- Prepare audit reports and ensure timely resolution of identified issues.
Policy Development:
- Develop, update, and enforce compliance policies and procedures to reflect industry best practices.
- Train employees on compliance requirements and risk mitigation strategies.
Reporting and Analysis:
- Prepare detailed reports for senior management and regulatory authorities on compliance and risk activities.
- Analyze compliance trends and risk data to provide actionable insights.
Stakeholder Collaboration:
- Collaborate with internal teams and external regulatory bodies to address compliance issues effectively.
- Serve as a key point of contact for compliance-related queries and concerns.
Qualifications:
- Bachelor’s or Master’s degree in Law, Finance, Regulatory Compliance, or a related field.
- Professional certifications such as CRCM (Certified Regulatory Compliance Manager) or CRM (Certified Risk Manager).
Experience:
- A minimum of 7 years of experience in compliance and risk management, with a proven track record in regulatory frameworks and audits.
Skills and Competencies:
- Strong understanding of regulatory compliance requirements and risk management frameworks.
- Expertise in managing internal audits and external assessments.
- Excellent analytical and problem-solving skills.
- Effective communication and interpersonal skills for stakeholder engagement.
- Proficiency in compliance management tools and systems.
Behavioral Competencies:
- Attention to detail with a high level of accuracy.
- Proactive and adaptable in addressing complex compliance challenges.
- Strong ethical standards and decision-making capabilities.