NAV - Chief Compliance Officer (10-15 yrs)

The Chief Compliance Officer (CCO) will spearhead the development, implementation, and maintenance of a robust compliance framework and lead change management initiatives to create a culture of compliance and ethics.

The CCO will also provide visionary leadership on compliance & ethics related issues, proactively monitor regulatory changes, and collaborate with various departments to embed compliance into the organization's strategic risk management framework.

Key Responsibilities:

Strategic Compliance Program Development:

- Architect, implement, and sustain a comprehensive compliance program, encompassing policies, procedures, and controls to ensure adherence to applicable laws and regulations.

- Seamlessly integrate compliance considerations into business processes and the overarching risk management framework.

Strategic Guidance and Integration:

- Provide strategic counsel to organizational leadership on compliance-related matters.

- Employ a data-driven approach to continuously monitor and audit compliance activities.

- Navigate through Crisis management and events of reputational threats.

Risk Assessment:

- Conduct forward-looking scenario planning to identify and evaluate potential compliance risks.

- Deliver insightful compliance testing results to Senior Management.

- Disseminate instances of compliance failures with preventive strategies.

- Assess accountability for significant compliance failures.

- Define strategic metrics and Key Result Areas (KRAs) to demonstrate progress and accountability.

Continuous Program Review and Enhancement:

- Regularly review and strategically update the compliance program to ensure its effectiveness.

- Develop and implement comprehensive training programs to ensure all employees understand compliance obligations and best practices.

Change Management:

- Collaborate with departments such as Risk Management, Legal, and Audit to ensure compliance considerations are integrated into the organization's strategic risk management framework.

- Foster a culture of compliance, integrity, and accountability across the organization.

- Communication strategy to lead effective change management across the board.

Education and Experience Requirements:

- Postgraduate degree in law, finance, CS, CA, MBA, or a related field.

- Professional certification in compliance, risk management, or a related field is preferred.

- Minimum of 10 years of strategic experience in a compliance role, with a strong background in compliance.

- The Chief Compliance Officer should oversee various compliance areas including but not limited to commercial, financial, safety (EHS), data privacy & cybersecurity, HR, POSH, and regulatory/statutory compliance, and parallelly strategizing to involve DEI and ESG compliance as eventual additions.

Functional and Behavioral Competencies:

- Exceptional interpersonal, written, and verbal communication skills, with the ability to effectively communicate at all levels.

- Proven record in successful change management and building compliance practices in an ambiguous and dynamic work environment.

- Strong analytical and strategic problem-solving skills, with the ability to identify and assess compliance risks.

- Proven leadership and project management skills, with the ability to lead a team of compliance professionals.