Compliance Executive

Company Overview

Not specified.

Job Summary

The Compliance Executive will support the Compliance Officer/Compliance Head in ensuring adherence to SEBI regulations, AMFI guidelines, applicable laws, and internal compliance policies. The role involves day-to-day compliance monitoring, regulatory reporting, documentation, maintaining compliance records, coordinating with internal teams, and supporting audits and regulatory requirements. This position is crucial in maintaining the organization’s regulatory integrity and operational compliance within the financial services industry.

Responsibilities

• Regulatory Compliance & Monitoring

  • Monitor compliance with SEBI Mutual Fund Regulations, AMFI guidelines, circulars, and internal policies.
  • Conduct periodic compliance checks and ensure adherence to regulatory requirements.
  • Oversee investment-related and operational compliance, including exposure limits and scheme restrictions.
  • Identify compliance exceptions and coordinate with relevant teams for resolution.
  • Track regulatory circulars and updates, supporting their implementation within the organization.

• Regulatory Reporting & Filings

  • Assist in preparing and submitting periodic regulatory reports to SEBI, AMFI, Trustees, and other authorities.
  • Support the preparation of compliance test reports and regulatory submissions.
  • Maintain trackers for regulatory filings to ensure timely submission.
  • Coordinate with internal teams to gather information and supporting documents for regulatory reports.

• Compliance Documentation

  • Maintain compliance registers, checklists, trackers, and supporting documentation.
  • Assist in updating compliance policies, SOPs, and internal control documents.
  • Support review and updating of scheme-related documentation, including Offer Documents and KIMs.
  • Keep records of regulatory communications, approvals, observations, and corrective actions.

• Audit & Inspection Support

  • Coordinate internal audits, statutory audits, compliance reviews, and SEBI inspections.
  • Provide necessary documents and information to auditors and regulatory teams.
  • Track audit observations and follow up for closure.
  • Maintain audit and compliance records, ensuring timely implementation of corrective actions.

• Internal Coordination

  • Collaborate with Investment, Operations, Fund Accounting, Finance, Risk, Legal, Secretarial, RTA, Custodian, and other teams on compliance matters.
  • Follow up with stakeholders for timely submission of compliance data and documentation.
  • Support the implementation of regulatory changes across relevant business functions.

• Investor Grievance & Service Compliance

  • Monitor investor complaints and grievance redressal processes.
  • Ensure complaints are tracked and resolved within prescribed timelines.
  • Assist in maintaining records and preparing regulatory reports related to investor grievances.

• Regulatory Updates

  • Track circulars and notifications from SEBI, AMFI, RBI, and other authorities.
  • Summarize relevant regulatory changes and communicate them to the Compliance Officer/Head.
  • Assist in assessing and implementing new regulatory requirements.

• Compliance MIS & Reporting

  • Prepare periodic compliance MIS and dashboards for management review.
  • Maintain compliance calendars and trackers.
  • Escalate pending compliances, exceptions, and potential risks to the reporting manager.

Qualifications

• Educational Qualifications:

  • Graduate/Postgraduate in Commerce, Finance, Law, Management, or related disciplines.
  • CA / CS / CMA / MBA / M.Com preferred.
  • Candidates with relevant compliance certifications will also be considered.

• Technical Skills:

  • Good understanding of SEBI regulations and AMFI guidelines.
  • Experience with regulatory filings and compliance reporting.
  • Knowledge of compliance monitoring and documentation processes.
  • Familiarity with audit and inspection procedures.
  • Proficiency in MS Excel and MS Office.
  • Ability to interpret regulatory circulars and translate them into actionable compliance activities.

• Soft Skills:

  • Strong attention to detail and accuracy.
  • Analytical and problem-solving skills.
  • Excellent follow-up and coordination abilities.
  • Effective written and verbal communication.
  • Ability to manage multiple activities and meet deadlines.
  • High integrity, confidentiality, and ownership.
  • Adaptability to fast-paced and evolving environments.

Preferred Skills

• Prior experience in Mutual Fund / Asset Management Company compliance.
• Exposure to AIF, NBFC, Stock Broking, Wealth Management, or other SEBI-regulated entities.
• Knowledge of regulatory reporting tools and compliance management systems.

Experience

• Minimum 2+ years of relevant experience in compliance within:
  • Mutual Fund / Asset Management Company
  • AIF
  • NBFC / Financial Services
  • Stock Broking / Wealth Management
  • Other SEBI-regulated entities
• Preference for candidates with direct experience in Mutual Fund / AMC compliance.

Environment

• The role is based in Mumbai.
• The work environment involves collaboration across multiple internal departments and external regulatory bodies.
• The position may require coordination with various stakeholders and handling sensitive information with confidentiality.
• The work setting is primarily office-based, with a focus on compliance monitoring, documentation, and reporting.

Salary

Not specified.

GrowthOpportunities

Not specified.

Benefits

Not specified.