Compliance Manager

Role & Responsibilities

• Maintaining oversight of the developments in the MFD, RIA, NBFC, digital lending, and account aggregator, to proactively manage the potential regulatory risk exposure of affected divisions / departments and ensure compliance with the statutory requirements and regulations prescribed by SEBI / AMFI / RBI / FIU-IND and all other applicable legislations.
• Develop, implement, and maintain regulatory policies / procedures / processes under the Compliance Program, including review mechanisms & processing, to ensure its continuous effectiveness in ensuring all applicable compliances by the company. Identifying and assessing Compliance risks in business & operation functions, and their mitigation measures including checks.
• Collaborate with cross-functional teams to facilitate the implementation of compliance requirements at all levels / processes of the organization. Work closely with internal teams to ensure the relevant legal and regulatory requirements are well understood and reflected in the relevant documentation and internal procedures and processes.
• Develop solutions to address specific challenges faced by the business units in regulatory compliance matters including impact assessments. Being the face of the Compliance unit, in discussion with the Product team to ensure all regulatory gaps are addressed and executed as per regulatory requirements. Review new products / features on the platform and provide sign-off on the control testing reports.
• Responsible for the preparation of reports related to compliance with internal & external stakeholders / parties and submitting updates to senior management on critical compliance issues for immediate attention and escalation.
• Assisting with evaluating telecalls, conducting internal compliance reviews / audits, analysing investment patterns and preparation of Suspicious Transaction Report (STR), and monitoring activities, of the departments involved. Obtaining data from various departments & review the same before submission for audits / inspection.
• Coordination for Politically Exposed Person (PEP) related customers checks / onboarding and monitoring of PEP customers.
• Specific responsibilities may include trade monitoring; review of marketing materials and electronic correspondence; employee training; responding to third-party due diligence requests; oversight of service providers; GIPS reporting; risk assessment; preparation for regulatory examinations; etc.

Preferred Candidate Profile

Perks and Benefits

Skills Required

Regulatory Compliance, Regulatory Reporting