We are currently retained by leading Consulting firm to recruit for Chief Compliance Officer (CCO) is a Director level position - Bangalore (15+yrs Exp ).
Please find below Job Synopsis however not restricted to below :
Roles and responsibilities
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 GDC’s 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:
vision and strategy:
— Work with the MD and Chief Operating Officer on the strategic vision including fostering and cultivating stakeholder relationships.
— Update and maintain GDC’s 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 in or lead strategic projects or programs as required by the MD from time to time.
— Attend certain Board and Subcommittee meetings upon request.
— Develop, initiate, maintain, and revise policies and procedures for the general operation of the GDC’s Compliance Program and its related activities to prevent illegal, unethical, or improper conduct. Manage day-to-day operation of the Program.
— Periodically review and update the code 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.
— 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 training.
— 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 government and regulatory guidelines and 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 reports to the GDC Board.
— Maintain an orderly and systemic filing system.
Key personal attributes:
— Ability to provide leadership to drive the organization in compliance with all applicable laws, regulations, internal policies, and agreements.
— The strong executive presence and articulation skills required to influence business leaders and stakeholders.
— Analytical mindset 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
— 15+years of experience in UK Corporate Taxation. At least 15 years’ experience in processing Update and maintain GDC’s 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.
Chartered Accountancy or, MBA (Finance/Accounting), or and Company Secretary or LLB