PMS Compliance Manager

Company Overview

IKIGAI Asset Managers is a forward-thinking investment management company, focused on delivering consistent and superior returns through a blend of disciplined research, robust risk management, and innovative strategies. The firm offers tailor-made investment solutions including Portfolio Management Services (PMS) and Advisory Services, backed by a client-first philosophy. With a commitment to transparency, compliance, and ethical practices, IKIGAI Asset Managers is driven by the mission to empower investors to achieve long-term wealth creation.

Job Summary

The PMS Compliance Manager will be responsible for ensuring complete adherence to SEBI regulations, internal compliance frameworks, and industry best practices across the PMS business. The role involves working closely with operations, investment, and client servicing teams to mitigate compliance risks, manage regulatory audits, and ensure timely reporting.

Responsibilities

• Regulatory Compliance & Monitoring

  • Ensure compliance with SEBI (Portfolio Managers) Regulations, SEBI circulars, and other applicable laws.
  • Draft, review, and update compliance policies, internal controls, and standard operating procedures.
  • Monitor investment and operational activities for compliance breaches and resolve them promptly.

• Regulatory Filings & Reporting

  • Prepare and file all SEBI-mandated reports, disclosures, and returns within prescribed timelines.
  • Maintain and update SEBI registration, renewal, and other statutory requirements.
  • Coordinate with regulators during inspections and respond to queries effectively.

• Audit & Risk Management

  • Liaise with internal and statutory auditors for compliance-related audits.
  • Identify potential compliance risks and develop mitigation strategies.
  • Conduct periodic internal compliance reviews and gap analysis.

• Documentation & Client Communication

  • Ensure correctness and completeness of PMS agreements, offer documents, and disclosure documents.
  • Oversee client onboarding compliance including KYC, AML, PEP checks, and FATCA reporting.
  • Maintain records in accordance with SEBI’s record-keeping requirements.

• Stakeholder Collaboration

  • Work closely with Investment, Operations, and Legal teams to implement compliance controls.
  • Provide training and updates to employees on regulatory developments and compliance obligations.

Qualifications

• Educational Background

  • Graduate/Postgraduate in Law, Finance, or Commerce.
  • Professional certifications like NISM Compliance Officer (PMS/Mutual Fund), Company Secretary (CS) (preferred), or Chartered Financial Analyst (CFA).

• Key Skills & Competencies

  • Strong knowledge of SEBI PMS regulations and related capital market laws.
  • Experience in compliance functions within Asset Management Companies (AMC) / PMS setups (minimum 8 years).
  • Familiarity with KYC norms, Anti-Money Laundering (AML) guidelines, FATCA, and Common Reporting Standard (CRS) requirements.
  • Excellent written and verbal communication skills.
  • Strong analytical, documentation, and problem-solving abilities.
  • High level of integrity and attention to detail.

Preferred Skills

• Experience with compliance software tools.
• Knowledge of regulatory changes and their implications for the PMS industry.

Experience

• A minimum of 8 years of experience in compliance functions within Asset Management Companies (AMC) or Portfolio Management Services (PMS) setups is required.

Environment

• The typical work setting may include a combination of office-based work and remote work. The role may require interaction with various stakeholders within the organization and external regulatory bodies.

Salary

• Estimated salary range not specified.

Growth Opportunities

• Potential career advancement opportunities within the company may include positions in senior compliance roles or other leadership opportunities depending on performance and organizational needs.

Benefits

• Benefits specifics are not provided.