Compliance – Assistant Manager

Department: Compliance
Project Location(s): Bengaluru, India
Education: Graduate or PG in any field
Role Expectations

• Provide Advisory, consulting and operational delivery of HR Compliance related client needs.
• Building a relationship and connecting with senior statutory authorities required to ensure challenges and concerns are addressed at the highest level for quick and timely resolution
• Responsible for all compliance related needs of identified large key accounts as a domain expert and SPOC for managing expectations
• Responding and handling various Notices from Authorities ensuring closure on the gaps
• Analyse latest changes / modifications in compliance requirements and devise corresponding action plan.
• Ensure timely audit of various statutory and social security benefits coverage; administration and compliance requirements at all client accounts and premises.
• Ensuring appropriate and relevant documentation of all case and compliance documents
• Conduct periodic internal reviews or audits for each of the key clients to proactively identify risks or challenges and put a plan to mitigate them
• Identify compliance issues that require follow-up or investigation; Conduct or direct the internal investigation of compliance issues.
• Disseminate and bring client up-to speed with updates on policies and procedures related to compliance activities.
• Serve as a confidential point of contact for Clients / Customers to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
• Consult and coordinate with internal / external attorneys as necessary to address difficult legal compliance issues and address issues with appropriate resolutions.
• Discuss emerging compliance issues with Client Representations and management for immediate and appropriate resolutions.
• Report violations of compliance or regulatory standards to duly authorized personnel as appropriate or required;
• Design or implement improvements in communication, monitoring, or enforcement of compliance standards.
• Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated.
• Develop or implement compliance plans or programs in the areas of Stand-alone compliance specifically I the areas of PF, ESI, Wages and other benefits act as required
• Stay abreast of trends in the Compliance space by participating in seminars, conferences, governance, policy advocacy programs etc.
• Compliances; Adherences; managing teams and completion of complex deployment projects within budget and on specific timelines.
• Managing client expectations and client engagement in terms of educating; adhering; and complying in all applicable labour and statutory laws.
• Liaisoning and managing expectations with senior government authorities

Responsibilities

• Conducting and overseeing reviews or audits periodically to ensure that compliance procedures are followed
• Conducting or directing the internal investigation of compliance issues
• Informing, educating, and training employees on matters that are associated with regulations and industry practices
• Coming up with effective plans to manage a crisis or compliance violation
• Working cooperatively with external auditors when needed
• Preparing appropriate compliance reports with regulatory agencies
• Discussing importance of Compliance and responding to compliance issues and how they should be managed
• Ensuring and verifying that all regulatory policies and procedures have been documented, implemented, and communicated.

Competencies

• Domain expert in Labour & Statutory Legislation
• Thorough advisory knowledge of various labour laws applicable at various states and union territories of India (both state and central legislations).
• Excellent verbal and written communication in English and local language / Hindi
• Project management skill
• Networking
• Problem solving skills .
• Influencing Skills
• Highly proficient in Microsoft Excel, PowerPoint and Word
• Strong analytical skills
• Ability to prioritize, organize and coordinate multiple projects to timely completion
• Creating reporting Metrics
• Interpersonal Skills

Experience

7-10 years