Senior Manager / Manager – Compliance

Company Overview

WhiteOak Capital is an investment management firm managing over $12 billion in Assets Under Management (AUM) across India and Global Emerging Markets. Founded by Prashant Khemka, former CIO of Emerging Markets Equity and India Equity at Goldman Sachs Asset Management, the firm emphasizes a strong investment philosophy and robust compliance practices. White Oak Capital Group has a global presence with offices in India, Singapore, Switzerland, Dubai, Mauritius, and the UK.

Job Summary

The Senior Manager / Manager – Compliance will be responsible for overseeing regulatory compliance functions within the organization. This role involves implementing SEBI (Securities and Exchange Board of India) requirements, managing regulatory filings, and ensuring adherence to compliance standards across all operational areas. The candidate will report directly to the Head of Compliance and play a key role in maintaining the firm’s regulatory integrity and operational compliance.

Responsibilities

• Drafting and filing of Scheme Information Documents (SIDs) for Mutual Fund products with SEBI.
• Disseminating key regulatory communications to relevant stakeholders and ensuring timely implementation and ongoing monitoring of compliance.
• Managing SEBI inspections and internal audits to ensure regulatory adherence.
• Filing various regulatory reports under Mutual Fund regulations, including ad hoc reports to RBI, SEBI, and AMFI, as well as filings under PMLA to FIU.
• Vetting marketing literature to ensure compliance with advertisement codes.
• Monitoring the firm’s website and social media platforms for regulatory compliance.
• Overseeing the provisions of SEBI Institutional Mechanism and ensuring adherence.
• Monitoring limits on Bloomberg system with team assistance.
• Updating policies and manuals, and implementing new compliance policies.
• Conducting training sessions for employees on Personal Securities Transactions, PMLA, and advertisement guidelines.
• Assisting the team with compliance and reporting related to AIF (Alternative Investment Funds) and PMS (Portfolio Management Services).

Qualifications

• Company Secretary (CS) qualification; LLB preferred.
• 4-6 years of experience in the Mutual Fund industry.
• Strong understanding of SEBI regulations and compliance requirements.
• Experience in drafting and filing regulatory documents.
• Knowledge of PMLA, RBI, and AMFI regulations.
• Familiarity with compliance monitoring tools such as Bloomberg.
• Excellent communication and stakeholder management skills.
• Educational qualifications: CS, with an LLB preferred.

Preferred Skills

• Experience in managing regulatory inspections and audits.
• Ability to interpret and implement regulatory changes.
• Proficiency in compliance software and systems.
• Strong analytical and problem-solving skills.
• Ability to train and guide team members on compliance matters.

Experience

• 4 to 6 years of relevant experience in the Mutual Fund or Asset Management industry, with a focus on compliance functions.

Environment

This role is based in Mumbai and involves working in a professional office environment. The candidate will be part of a dynamic team responsible for ensuring regulatory adherence across multiple jurisdictions. The role may require occasional interaction with regulatory authorities and internal stakeholders.

Salary

Not specified.

GrowthOpportunities

Potential career advancement within the compliance and regulatory domain, with opportunities to take on more strategic roles as the organization expands its compliance framework.

Benefits

Not specified.