Objective

The role focuses on ensuring the organization's adherence to legal standards and in-house policies. It involves the execution of compliance audits to ensure regulatory and internal policy conformance. The objective is to safeguard the organization from any legal liabilities and reputation damage.

Description

Ensures regulatory compliance through proficient auditing practices.

Sample Questions

• How to effectively conduct a compliance audit?
• What's the best method to identify compliance risks?
• How to ensure thoroughness in compliance audit documentation?
• What strategies can improve our compliance audit process?

Key Functions

Conducting compliance audits, analyzing business procedures, identifying compliance risks, implementing corrective action plans, reporting to senior management, maintaining compliance records, staying updated with regulatory changes, ensuring audit findings are properly communicated and resolved, developing compliance audit strategies, and working with different department heads for audit purposes.

Required Skills

Proficiency in regulatory compliance, knowledge of audit processes, understanding of risk management, ability to interpret laws and guidelines, expertise in data analysis, familiarity with reporting procedures, knowledge of business operations, proficiency in audit documentation, understanding of compliance software, and expertise in internal control procedures.