Compliance Manager for Risk Mitigation
5 days ago
Job Title: Compliance Manager for Risk Mitigation
We are seeking a seasoned Compliance Manager to join our team at Flipkart, responsible for driving the company's Anti-Corruption (A/C) Compliance program.
About the Role:
The A/C Compliance team plays a vital role in ensuring that all employees and third parties representing Flipkart interests comply with the Global Anti-Corruption Policy and Procedures. As a Compliance Manager, you will be instrumental in managing the day-to-day operations of the A/C Compliance program, working closely with business units to identify and mitigate risks associated with vendor due diligence and compliance violations.
You Will Be Responsible For:
- Executing and overseeing key components of the A/C Compliance program, including vendor due diligence, contract reviews, and compliance reporting.
- Working closely with business units to identify Third-Party Intermediaries (TPIs) and managing the due diligence process, including reviews of ownership structures, Politically Exposed Persons (PEPs), pending cases/litigations, market reputation, regulatory non-compliance, adverse media, and sanctions.
- Initiating and managing the due diligence process in the Global TPI Screening system, tracking approved and rejected TPIs, and providing regular MIS reports to relevant business units.
- Coordinating with Legal and Business Units to obtain executed contracts with TPIs, tracking certifications, and sending annual TPI certifications to approved TPIs.
- Tracking compliance violations and working on remediation, performing data analytics to identify trends, and collaborating with business units on sustainable remediation of non-compliance.
To Succeed in this Role:
- You should have a Commerce or Law background with 5-7 years of experience in vendor due diligence, reviewing due diligence reports, identifying red flags, and resolving them through logical conclusions.
- A strong commitment to integrity and professionalism, with passion for excellence.
- Strong interpersonal skills, with the ability to interface with cross-functional teams and front-line associates.
- Demonstrable computer literacy, with expertise in MS Office, Internet-based applications, BI tools, and Data Analytics Skills.
Salary: ₹25 Lakh - ₹30 Lakh per annum (depending on qualifications and experience)
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