Bajaj Finserv - Mutual Fund Compliance Officer - Investment Advisory Services

Mutual Fund Compliance - Bajaj Finance Limited - Pune

Job Title : Compliance Officer - Investment Advisory Services ( Dy National Lead)

Location of Job Corporate Office - Pune

Reporting : Manager Business Head & General Counsel / Head Compliance Business Investment Advisory Services, Compliance

Band/Grade : E08

Years of Experience : 12 - 15 years

Relevant Experience - 5-7 years

Position Summary :

Compliance Officer shall be responsible for compliance by the Company in relation to Investment Advisory business as per the Regulations/ Notifications/ Guidelines/ Instructions issued by the SEBI and other Regulators from time to time

Must Have :

- Proactive, positive thinker and must possess winning attitude

- Review, understand and make analysis of the stipulated Regulatory guidelines vis-- -vis the business requirements, operational capabilities and ensure compliance of the same at all times.

- Relevant Certifications from AMFI/NISM, etc.

- Understanding of relevant laws and regulations relating to Investments business (e.g. SEBI, RBI, NBFC, Banking, etc.)

- Diverse experience in dealing with various compliance related issues in complex environment.

- Excellent communication (both written and oral) apart from report writing skills.

- Strong desire to support, initiate and execute in high paced growing environment.

- Should be a self-starter and a team player.

Duties and Responsibilities:

- Assist Business/ General Counsel Head - Compliance in handling activities relating to the Investment Advisory services and other compliances on a regular basis.

- Co-ordinating with Business / Operations and IT teams for implementation of systems and setting up of processes.

- Assist and co-ordinate with business and support functions on Compliance related issues.

- Thorough knowledge of SEBI, RBI - KYC, AML guidelines, rules, regulations.

- Dissemination/Interpretation of regulatory circulars and guidelines, Updating Key Management personal on latest circulars and actionable in this regard.

- Drafting, vetting and approving various disclaimers, terms and conditions, advertisements, posters etc., and communications to investors.

- Maintenance of Compliance Manual, Updating Management on changes in regulatory environment.

- Applying for various certifications, licenses to SEBI, AMFI, RBI

- Follow up on commitments/obligations to SEBI and other Regulatory bodies.

- Handling SEBI Inspections, follow-up on audit/inspection observations and incidents for systemic corrections, preparation of response to inspection observations, submission of report to the Management.

- Monitoring compliance of the SEBI Mutual Fund Regulations and timely reporting by MF/AMC and exceptions thereto, to SEBI, Board of Trustees.

- Handling and promptly resolving customer grievances.

- Timely submission of periodical reports to Regulators, AMFI and Board of Trustees.

- Any other work as may be assigned from time to time.

Required Qualifications and Experience:

- Masters / Bachelor Degree from a reputed university. Candidate with a professional qualification such as CA / CS/ ICWA would be an added advantage.

- Relevant experience with Mutual Fund Companies and Corporate Agents,

- Certification on financial planning or fund or asset or portfolio management or investment advisory services - from NISM or Organization /institution including Financial Planning Standards Board India / recognized Stock Exchange in India provided that such certification is accredited by NISM

- Post-Qualification Experience of 12 -16 years with the relevant experience of - 5-7 years.

- Handling reportings, customer grievances and transaction monitoring independently.