SK Finance - Lead - Compliance Officer

Job Description:

Developing and Implementing Compliance Models:

- Assist in the development and implementation of compliance models necessary to operate within acceptable standards.

Ownership and Management of Compliance Requirements:

- Take ownership of compliance requirements and ensure strict adherence to established standards.

Liaison with Stakeholders and Senior Management:

- Collaborate with stakeholders and senior management to ensure proper implementation of established compliance policies.

Review of Business Policies:

- Review business policies to ensure alignment with regulatory requirements.

Collaboration with Other Departments:

- Work closely with other departments, such as risk management or internal audit, to escalate compliance issues for investigation.

Conducting Reviews and Identifying Gaps:

- Conduct regular reviews to identify gaps in compliance processes within and outside the department.

- Ensure accountability of staff for addressing identified gaps.

Adherence to Timelines:

- Ensure adherence to timelines for various compliance activities assigned by regulators, the Board, or senior management.

Review of Policies, Products, and Processes:

- Review policies, products, and processes to ensure compliance with regulatory and statutory laws.

Assessment of Compliance Risks:

- Conduct assessments to identify areas of potential compliance risks and implement preventive/corrective strategies to address them.

Reporting to Senior Management:

- Provide regular reports to senior management to keep them updated on the progress of compliance operations.

Organization of Compliance Programs:

- Organize compliance programs to educate staff on both existing and recent compliance requirements.

Qualifications and Skills:

- Bachelor's/master's degree in a relevant field, such as Business Administration, Law, or Finance.

- Previous experience in compliance management or a related field.

- Strong understanding of regulatory and statutory requirements.

- Excellent communication and interpersonal skills.

- Ability to liaise effectively with stakeholders and senior management.

- Analytical mindset with the ability to identify and address compliance risks.

- Proactive approach to problem-solving and decision-making.

- Strong organizational skills and ability to manage multiple tasks simultaneously.