Rentomojo - Chief Compliance Officer

About the Role:

The role will be the designated compliance officer for the company under all statutory and regulatory compliances, and would focus on minimizing the compliance related risk for the organization.

The role has to strengthen our second line of defense to reduce all compliance related risk and enhance strong governance.

Responsibilities and Ownership:

(Things that the role cannot miss)

Compliance Program Leadership:

- Develop, implement, and maintain an effective compliance framework aligned with industry standards, laws, and regulations.

- Create policies, procedures, and controls to mitigate compliance risks across various business functions.

-To examine the sustenance of the compliance as an integral part of the compliance testing and annual compliance assessment exercise.

Regulatory and Statutory Adherence:

- Monitor and interpret evolving regulatory requirements relevant to the rental eCommerce industry, ensuring the company's activities remain compliant.

- Provide guidance and training to employees on compliance-related matters to foster a culture of compliance.

Risk Assessment and Mitigation:

- Conduct regular risk assessments to identify potential compliance vulnerabilities and develop strategies to mitigate these risks.

- Collaborate with cross-functional teams to address compliance concerns and implement corrective measures as needed.

- Assisting audit teams to identify areas of non-compliance and initiate solutions to address identified risks.

Reporting and Communicating:

- To apprise the board as well as senior management/relevant committee on regulations, rules and standards, and any other further developments.

- To report promptly to the CEO & Management about any major changes or observations related to the compliance risk.

- Prepare and present comprehensive compliance reports to executive leadership/board and regulatory bodies as required.

Stakeholder Engagement:

- Act as the primary point of contact for regulatory agencies, external auditors, and legal advisors, managing relationships and ensuring compliance queries are addressed efficiently.

Secretariat Function:

- Manage administrative aspects of corporate governance: coordinating board meetings, ensuring compliance as per companies act, maintaining records, and facilitating communication between the board and management as necessary.

- This includes providing advice, assisting in regulatory filings, and contributing to policy development aligned with industry standards.

PREFERRED QUALIFICATIONS: Your work till now will be the first qualification that would matter to us.

Other than that, you should be:

- CS (Company Secretary) with compliance focus, LLB (Bachelor of Laws) degree would be an advantage, demonstrating a strong foundation in compliance and corporate governance principles.

- 7 to 9 years of progressive experience in a compliance leading role with exposure to multi-state indirect taxes, direct taxes, TDS, multi-state labor, commercial, general, customer trademark and secretarial compliances.

- Should have worked closely with the third line of defense, which is the Internal Audit.

- In-depth knowledge and hands-on experience of relevant laws, regulations, and compliance best practices.

- Having experience of liasoning with compliance experts across various domains.

- Experience in handling across compliance related litigation encompassing indirect taxes, direct taxes, PF, Gratuity, ESIC, etc

- Strong leadership and communication skills (Oral, written, drafting) with the ability to influence and collaborate effectively across all levels of the organization.

- Highly Organized with attention to detail and an eye for process improvements.

- Proven track record of developing and implementing successful compliance programs in high-growth environments.

- Analytical mindset with the ability to assess complex situations and make sound decisions.

- Ability to work under high-pressure situations, run multiple transactions parallelly and deal with multiple internal and external stakeholders