Head - Legal & Compliance - FMCG

About Company:

It is an FMCG company. It is a publicly listed company with a market cap of INR 14,000 crores. Current revenues are INR 4000 crores. This company has business operations in 75 countries including India. About 40% of its revenues comes from the overseas markets. The company is at an interesting juncture and is going through a major transition. They aspire to grow to INR 8000 crores over the next 4 years and are entering new product segments in the food category.

Requirements:

The role that we have is Head -Legal & Compliance.

This is a new role and they have never had anyone heading legal or corporate affairs earlier. The position reports directly to CEO.

Legal Affairs

- Review and evaluate the organization's policies, procedures, products and programs to ensure compliance with applicable laws and regulations. Make recommendations for change where applicable

- Critically analyze the impact of any new regulatory/policy changes on the company and its competitors and provide legal advice and counsel to the Board of Directors

- Provide regular and timely feedback to the Management; be proactive in the identification and resolution of issues that may have an impact on the firm's finances/reputation

- Handle all drafting and filing representations with the Statutory and regulatory authorities and work with the stakeholders to ensure the accuracy of filing

- Evaluate inspection requests and summons and advice Management on the appropriate course of action

- Liaise with Risk Management and Internal Audit on risk-related issues, legislation, rules, and regulations

- Manage Legal Vetting, Drafting and negotiating all kinds of legal contracts, including and not limited to Partner /Supplier Agreements, Joint venture contracts, Property Contracts, and License agreements

- Develop creative approaches to managing legal risks and resolving disputes

Compliance

- Assist in the establishment and maintenance of processes and controls so that the day to day business activities are compliant with applicable laws and that any breaches of such laws rules regulations and internal policies are detected

- Prepare compliance framework to follow various Indian Commercial, Cyber, Corporate, Industrial, Mercantile, and Foreign Exchange laws applicable to all functions located in multiple states

- Keep abreast of regulatory developments or other matters affecting the business activities systems and controls and communicate changes to policies procedures and regulatory requirements and oversee implementation thereof

- Monitor non-compliance and escalate issues where non-compliance is not addressed