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Compliance

Overview, Education, Careers Types, Skills, Career Path, Resources

Compliance professionals ensure companies follow laws and regulations, preventing legal and financial risks. They develop policies, conduct audits, and train employees.

Average Salary

₹6,00,000

Growth

high

Satisfaction

medium

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Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

    -
    Regulatory Knowledge
    -
    Risk Management
    -
    Policy and Procedure Development
    -
    Auditing and Monitoring
    -
    Investigation and Remediation
    -
    Communication and Training
    -
    Reporting and Documentation
    -
    Data Analysis
    -
    Ethical Judgement
    -
    Negotiation and Persuasion
    -
    Legal Research
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

    -
    Ethical Judgment
    -
    Communication Skills
    -
    Analytical Thinking
    -
    Attention to Detail
    -
    Problem-Solving Skills
    -
    Negotiation Skills
    -
    Adaptability
    -
    Organizational Skills
    -
    Interpersonal Skills
    -
    Decision-Making Skills
Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

    -
    Regulatory Knowledge
    -
    Data Analysis
    -
    Risk Management
    -
    Auditing and Monitoring
    -
    Communication and Training
    -
    Legal Research
    -
    IT and Cybersecurity Knowledge
    -
    Negotiation and Conflict Resolution
    -
    Report Writing
Duties and Responsiblities

Task

95%

Develop and implement compliance programs tailored to Indian regulations and industry standards.

92%

Conduct regular compliance audits and risk assessments to identify potential vulnerabilities.

90%

Monitor changes in Indian laws and regulations, updating compliance policies accordingly.

88%

Provide compliance training to employees, ensuring understanding of legal and ethical obligations.

85%

Investigate and resolve compliance violations, implementing corrective actions as needed.

82%

Prepare and submit compliance reports to regulatory agencies in India.

80%

Maintain accurate records of compliance activities, including policies, training, and audits.

78%

Advise management on compliance-related matters, offering guidance on best practices.

75%

Liaise with external auditors and regulatory bodies during compliance reviews.

72%

Develop and manage whistleblowing mechanisms to encourage reporting of compliance concerns.

70%

Ensure compliance with data protection laws, such as the Personal Data Protection Bill in India.

68%

Oversee compliance with anti-corruption laws and regulations, including the Prevention of Corruption Act.

Work Activities

95%

Staying updated on regulatory changes and communicating them to relevant stakeholders is crucial.

92%

Creating and implementing compliance policies and procedures to ensure adherence to laws.

90%

Conducting risk assessments to identify potential compliance vulnerabilities and develop mitigation strategies.

88%

Performing regular audits to verify compliance with internal policies and external regulations.

85%

Developing and delivering compliance training programs for employees at all levels.

82%

Managing and investigating compliance incidents, and implementing corrective actions.

80%

Preparing and submitting compliance reports to regulatory agencies and internal stakeholders.

78%

Collaborating with legal counsel to address complex compliance issues and interpret regulations.

75%

Ensuring compliance with data privacy laws and regulations, such as GDPR and CCPA.

72%

Monitoring and ensuring that vendors and third-party partners comply with relevant regulations.

70%

Managing whistleblower programs and investigating reported compliance violations.

68%

Enforcing compliance policies and taking disciplinary actions when violations occur.

Detailed Work Profile

Interests