Chief Compliance Officer

Location: Bengaluru / Mumbai

Team

Compliance team

Reports to:

Director & CEO

Location:

Mumbai / Bengaluru

Role Description:

The role involves ensuring that the organization operates legally, ethically, and effectively, minimizing risk and enhancing the organization’s reputation and trust among stakeholders. This includes responsibility for regulatory adherence, risk mitigation, investor protection, and operational integrity. It also includes providing advice and guidance to management / Board of Directors on upcoming regulations and best practices to be adapted proactively.

Core Responsibilities:

The responsibilities include:

1. Regulatory Compliance & Framework Management

  • Develop, implement, and monitor the company’s compliance framework for both PMS and AIF in line with applicable regulations and ensure 100% compliance.
  • Ensure internal compliance audits and inspections, ensure immediate actions on the gaps.
  • Stay updated on changes to laws, regulations, and guidelines that may impact the PMS and AIF operations, and ensure timely incorporation into company processes.

2. Policy Development & Oversight

  • Formulate and maintain comprehensive compliance policies, procedures, and manuals tailored to PMS and AIF activities.
  • Ensure the effective dissemination of these policies to relevant departments and teams.
  • Regularly review and update policies to ensure they align with regulatory developments and industry best practices.

3. Risk Management

  • Identify, assess, and mitigate compliance risks associated with PMS and AIF products and services.
  • Work closely with internal teams to ensure alignment between compliance and risk strategies.
  • Monitor client portfolios to ensure that all activities comply with PMS guidelines and AIF fund mandates.

4. Reporting & Communication

  • Prepare and submit timely compliance reports to the Board of Directors, and regulatory authorities.
  • Communicate with regulatory bodies regarding inquiries, submissions, inspections, and updates.
  • Develop communication strategies to keep the organization informed of new compliance developments.

5. Audits & Inspections

  • Liaise with external auditors and regulators during compliance audits and inspections.
  • Oversee the documentation and record-keeping of all compliance-related activities and transactions.
  • Ensure readiness for regulatory inspections and prepare the organization to meet external audit requirements.

6. Client & Investor Protection

  •  Ensure all investor communications and disclosures are accurate, complete, and in line with regulatory requirements.
  • Oversee the handling of investor complaints and grievances in accordance with legal and regulatory guidelines.
  • Monitor and enforce the “suitability” and “appropriateness” standards for investments under PMS and AIF services.

7. Training & Awareness

  • Conduct/ensure regular compliance training programs for employees across departments to ensure an understanding of regulatory requirements for PMS and AIF.
  • Promote a culture of compliance throughout the organization, emphasizing the importance of adherence to regulations and ethical standards.

8. Ethical Leadership

  • Act as a role model for ethical behavior and decision-making within the company.
  • Address any unethical practices or misconduct and ensure proper investigations and reporting.
  • Create a culture of adherence to regulations in spirit, not only just in words.

Requirements: Experience, Skills, and Competencies:

Qualification: Bachelor’s degree in Law, Finance, Business, or a related field. A Master’s degree (MBA/LLM) or a professional qualification such as Chartered Accountant (CA) or Company Secretary (CS) is preferred.

Experience: Minimum of 8-10 years of experience in compliance, legal, or regulatory roles within the financial services industry, preferably with direct exposure to PMS and AIF operations.

Regulatory Knowledge: In-depth understanding of SEBI regulations and other applicable laws relating to PMS, AIF, and the financial markets.

Leadership: Proven track record in senior leadership roles managing the Compliance function.

Preferred Certifications: Certifications such as Certified Regulatory Compliance Manager (CRCM), Certified Compliance & Ethics Professional (CCEP), or other relevant compliance
certifications.

Competencies:

  • Detail-oriented with the ability to manage complex regulatory requirements.
  • Strong ethics, integrity, and accountability. Ability to maintain confidentiality and handle sensitive information.
  • Proactive in identifying risks and implementing solutions.
  • Excellent analytical skills & problem-solving and decision-making abilities.
  • Communication and interpersonal skills.
  • Ability to advise, persuade top management.
  • Strategic leadership capabilities with business acumen.
  • Proficient with technology.

Our commitments:

  • We are an equal opportunities employer and encourage diversity in the workplace.
  • A healthy work-life balance.
  • Flexibility – Everyone is encouraged to manage their time effectively in line with their commitments.
  • Excellent learning and growth potential.
  • Strong value system.