Compliance Officer

About This Role

This mid-level Compliance Officer role is crucial for ensuring the organization's adherence to IFSCA, SEZ, and other applicable regulations. The officer will oversee AML/CFT frameworks, KYC protocols, internal policies, and manage regulatory reporting, audits, and disclosures. The position demands proactive risk oversight and liaison with regulatory authorities.

Responsibilities

• Ensure the organization's adherence to IFSCA, SEBI, RBI/FEMA, and SEZ guidelines and all applicable regulatory frameworks
• Liaise with regulators (IFSCA, SEZ or others) in regulatory filings, returns, and compliances
• Develop and implement internal compliance policies and Standard Operating Procedures (SOPs) in alignment with regulatory requirements
• Regularly review internal controls to ensure alignment with regulatory expectations
• Maintain accurate and up-to-date documentation related to compliance activities, including regulatory filings, reports, and records
• Prepare and submit compliance reports to regulatory authorities as required
• Conduct periodic risk assessments to identify compliance risks and vulnerabilities
• Develop and implement risk mitigation strategies to address identified risks effectively
• Provide training and guidance to employees on compliance matters, including IFSCA regulations, internal policies, and procedures
• Foster a culture of compliance awareness and adherence throughout the organization
• Investigate compliance breaches, incidents, and complaints
• Take appropriate corrective and preventive actions to address issues and prevent recurrence
• Coordinate and support for audit as specified by authorities
• Collaborate with auditors to provide necessary documentation and facilitate audit processes
• Responsible for any other tasks assigned by the management from time to time

Requirements

• Professional qualification including Bachelor of Law or Post-graduate degree in Law, Finance, Commerce, Business Management or related discipline from a recognized university/institution
• Clear understanding of IFSCA regulations and compliance requirements applicable to Investment Advisers
• Minimum of 2 years of post-qualification experience in compliance roles within the financial services industry, preferably in Investment Advisory, Portfolio Management Services, AIF, Broking House, or Mutual Fund House
• Strong analytical skills with the ability to assess regulatory requirements and mitigate compliance risks effectively
• Excellent communication and interpersonal skills, with the ability to interact with internal stakeholders, regulatory authorities, and external auditors
• Proven ability to work independently, manage multiple tasks, and prioritize workload effectively