Compliance Officer - Sebi

This role is for one of Weekday’s clients

Salary range: Rs - Rs (ie INR 15-20 LPA)

Minimum Experience: 5 years

Job Type: Full-time

Requirements

We are seeking a Company Secretary (5-10 years of experience) as our Compliance officer for SEBI registered entities who is looking forward to an extremely intense and challenging role in our hedge fund-styled investing platform. An ideal candidate would be someone who has held position in a similar profile in the asset management / financial services space. Candidates with specific experience in the AIF/PMS/Mutual Fund space will be highly preferred.

Roles & responsibilities

• a. Lead the entire compliance function end-to-end for all SEBI registered licenses
  • i. Establish and implement all the compliance policies that are applicable to all SEBI registered and regulated investment licences – AIF, PMS, RIA. Regularly review and upgrade the policies as required by regulation.
  • ii. Build and implement processes and systems to ensure smooth functioning w.r.t compliance function
  • iii. Review and ensure timely and accurate submissions of various regulatory filings are on time and accurate.
  • iv. Facilitate establishing an audit and compliance testing program.
• b. Stakeholder management
  • i. Monitor regulatory changes, assess impact on business, provide comments on consultative papers and act as a Nodal point of contact between the Company and SEBI and to be a participant to the consultations or other regular discussions.
  • ii. Ensuring the timely response/ interactions thereof to the SEBI onsite and offsite inspections and be the central coordinator for any regulatory exercises.
  • iii. Lead and facilitate interactions with the Board, Audit Committee, and other committees. Apprise all with the status of compliance with respect to the regulatory requirements and assist them to make an informed judgment on whether the SEBI registered entity/funds are managing its compliance risk effectively.
  • iv. Work in a team of 5-6 members and lead 1-2 staff
• c. Value addition
  • i. Get deeply involved with the Product team in creation of financial strategies/products right at the inception and provide understanding of applicable regulations
  • ii. Lead the exercise for prospective licenses like Mutual Fund etc
  • iii. Interpret regulations and seek clarifications from Regulator and from the market, as required.
  • iv. Assess changing regulations and proactively highlight potential risk areas and implement solutions accordingly.
• d. Recommend and institutionalize best governance policies and practices.

DNA

• a. We expect you to have higher energy, higher intellectual capability and a desire to handle bigger responsibilities than an average professional of your age/experience will generally do.
• b. We expect you to take a lot of initiative to do on-the-job learning about different financial instruments and products.
• c. We expect you to create a positive environment for your team and help your team members grow professionally as well.