Compliance Manager

Job Description:

Responsibilities

• Stay updated with SEBI regulations, circulars, and guidelines relevant to Portfolio Management Services.
• Interpret and communicate SEBI regulatory requirements to internal stakeholders.
• Ensure that all PMS activities are conducted in compliance with SEBI regulations.
• Develop, review and update compliance policies and procedures to align with SEBI regulations and industry best practices.
• Implement controls to ensure effective enforcements of compliance policies across PMS Operations.
• Collaborate with legal and risk management teams to align compliance objectives.
• Design, implement, and maintain effective compliance programs for PMS, RI, and RA activities.
• Conduct regular compliance risk assessments to identify areas of potential vulnerability and recommend appropriate measures to mitigate risks.
• Develop and deliver compliance training programs to educate employees about regulatory compliance, risk management, and internal policies.
• Oversee the registration process and ongoing compliance obligations of the firm as a Registered Investment Adviser (RIA) with relevant regulatory bodies.
• Identify, assess, and mitigate potential compliance and regulatory risks associated with portfolio management, investment advising, and RIA activities.
• Implement measures to ensure timely identification, monitoring and management of compliance risks.
• Ensure accurate and timely submission of required regulatory filings and reports related to investment advisory activities and RIA compliance.Portfolio Management Compliance:
• Ensure that portfolio management processes and strategies adhere to compliance requirements and industry best practices.
• Monitor portfolio activities for any potential violations.
• Collaborate with client-facing teams to ensure compliance with client agreements, disclosure documents, and investment guidelines.
• Coordinate and support internal and external audits related to portfolio management, investment advisory services, and RIA compliance.
• Develop and deliver training programs to enhance compliance awareness and understanding among portfolio managers, investment advisers, and relevant staff.
• Vendor and Third-Party Oversight: Evaluate compliance practices of external vendors, service providers, and third-party partners involved in portfolio management and investment advisory activities.
• Stay informed about evolving regulatory developments, industry trends, and best practices related to portfolio management, investment advising, and RIA compliance.
• Work closely with legal, risk management, operations, investment, and client services teams to ensure a coordinated approach to compliance and client service.

Qualifications & Experience

• Bachelor's degree in finance, business, law, or a related field. Advanced degree (e.g., MBA, JD) or relevant professional certifications (e.g., CFA, CCO) are often preferred.
• Minimum experience of 5+ years as a Compliance officer specifically SEBI compliance roles within the financial services industry, with a strong focus on portfolio management, investment advisory, and RIA compliance.
• Comprehensive knowledge of relevant financial regulations, industry standards, and investment advisory rules.
• Strong analytical, problem-solving, and strategic thinking skills.
• Excellent communication, leadership, and team management abilities.
• Detail-oriented with a proactive approach to identifying and addressing compliance issues.
• 10 years of experience.