Posted By

Job Views:  
170
Applications:  57
Recruiter Actions:  41

Posted in

Legal

Job Code

1428739

Head - Ethics & Compliance - IT Firm

11 - 20 Years.Bangalore
Posted 4 months ago
Posted 4 months ago

As a Head Ethics & Compliance for IT Company you will work with highly skilled members of the legal team to provide legal & compliance solutions to business.


Job Synopsis as below:

1. Lead & Manage Anti-Corruption and Anti-Bribery Program:

- Leadership: Direct and oversee the Anti-Corruption and Anti-Bribery program globally.

- Team Management: Inspire and manage a motivated, high-performing team dedicated to preventing and addressing corruption and bribery.

- Program Development: Continuously develop and enhance policies, procedures, and practices to align with global standards and regulations.

2. Provide Opinions on Applicable Regulations:

- Regulatory Expertise: Offer expert opinions on applicable anti-corruption regulations, including the Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act (UKBA).

- Control Implementation: Advise on the design and implementation of controls to ensure compliance with anti-corruption laws.

- Monitoring: Oversee the monitoring mechanisms to detect and address potential violations.

3. Exposure to Analytics and Automation:

- Risk Evaluation: Utilize analytics and automation tools to conduct risk evaluations.

- Risk Mitigation: Implement strategies to mitigate identified risks, leveraging data analytics to inform decisions.

- Innovation: Encourage innovative approaches to compliance through the adoption of new technologies.

4. Review and Improve Whistleblower Systems:

- System Enhancement: Collaborate with HR to review and enhance whistleblower systems, ensuring they are effective and trusted.

- Employee Feedback: Strengthen mechanisms for employee feedback to identify and address compliance issues early.

- Transparency: Promote a culture of transparency and accountability within the organization.

5. Provide Advice on Compliance Topics to Local Stakeholders:

- Stakeholder Engagement: Act as a trusted advisor on compliance issues to local business units and stakeholders.

- Regulatory Guidance: Provide clear, practical guidance on navigating local regulations and compliance requirements.

- Support: Offer support in interpreting and implementing compliance policies and procedures.

6. Interpret New Regulations and Laws:

- Legislative Analysis: Monitor and analyze proposed and enacted state legislation and regulations to determine their impact on the company.

- Policy Adjustment: Recommend adjustments to company policies and procedures based on regulatory changes.

- Proactive Monitoring: Stay ahead of regulatory developments to ensure the company remains in compliance.

7. Proactive Policy Administration and Training:

- Policy Development: Drive the creation and administration of compliance policies.

- Training Programs: Develop and implement comprehensive training programs to educate employees on compliance requirements.

- Communication: Ensure regular communication about compliance policies and updates to all employees.

Skills and Qualifications:

- Legal Expertise: Strong knowledge of FCPA, UKBA, and other anti-corruption regulations.

- Leadership: Proven experience in leading and managing compliance teams.

- Analytical Skills: Proficiency in using analytics and automation tools for risk assessment and mitigation.

- Communication: Excellent verbal and written communication skills for providing clear guidance and training.

- Collaborative Approach: Ability to work effectively with HR, legal, and other stakeholders.

- Proactive Mindset: Proactive in monitoring regulatory changes and implementing necessary adjustments.

- Strategies for Effective Compliance Management

Leveraging Technology:

- Compliance Management Software: Implement software solutions for real-time monitoring and reporting.

- Blockchain for Transparency: Utilize blockchain for enhanced transparency and traceability.

- AI and Analytics: Use AI for predictive analytics to anticipate and mitigate compliance risks.

Building a Strong Ethical Culture:

- Leadership Commitment: Ensure senior leadership demonstrates a commitment to ethical behavior.

- Open Communication: Establish clear channels for reporting unethical behavior.

- Recognition Programs: Create programs to recognize employees who demonstrate strong ethical standards.

Continuous Improvement:

- Feedback Mechanisms: Implement feedback mechanisms for continuous improvement of compliance programs.

- Benchmarking: Regularly benchmark against industry standards and best practices.

- KPIs: Develop and track key performance indicators for compliance effectiveness.

Regulatory Engagement:

- Regulatory Relationships: Maintain relationships with regulatory bodies to stay informed.

- Proactive Engagement: Engage with regulators to address potential issues early.

Risk Management:

- Risk-Based Approach: Focus resources on high-risk areas.

- Scenario Planning: Conduct scenario planning exercises for potential compliance crises.

- Crisis Management: Develop and maintain a robust crisis management plan.

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Posted By

Job Views:  
170
Applications:  57
Recruiter Actions:  41

Posted in

Legal

Job Code

1428739

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