JOB DESCRIPTION

Role Title: Lead - Compliance - Alts Business

Reports To: CFO

Function/ Department: Compliance & Secretarial

Location: Pune

JOB PURPOSE

The candidate should lead and manage the entire compliance function for Alts business.

PRINCIPAL ACCOUNTABILITIES

Set up Compliance

- Establish and implement all the compliance policies that are applicable to all SEBI registered and regulated investment licenses - AIF, PMS, RIA. Regularly review and upgrade the policies as required by regulation

- Build and implement processes and systems to ensure smooth functioning w.r.t compliance function

- Review and ensure timely and accurate submissions of various regulatory filings are on time and accurate

Regulatory Compliances

- Ensure adherence to SEBI regulations for Category I, II, and III AIFs.

- Monitor changes in regulatory frameworks and communicate updates to stakeholders.

- Liaise with SEBI and other authorities for filings and inspections.

Registration & Reporting

- Manage AIF registration processes including Form AIF, Form V, Letter of Undertaking, etc.

- Prepare and submit monthly, quarterly, and annual reports (e.g., investment reports, financials, compliance certificates)

Trustee Compliance

- Oversee trustee-related compliance activities and ensure obligations are met.

- Maintain documentation and coordinate with trustees and legal teams.

Stakeholder Management

- Monitor regulatory changes, assess impact on business, provide comments on consultative papers and act as a Nodal point of contact between the Company and SEBI and to be a participant in the consultations or other regular discussions.

- Ensuring the timely response/ interactions thereof to the SEBI onsite and offsite inspections and be the central coordinator for any regulatory exercises.

- Lead and facilitate interactions with the Board, Audit Committee, and other committees. Apprise all with the status of compliance with respect to the regulatory requirements and assist them to make an informed judgment on whether the SEBI registered entity/funds are managing its compliance risk effectively

Secretarial & Legal Compliance

- Ensure compliance with Companies Act and KYC norms.

- Draft, review, and negotiate legal documents including NDAs, MSAs, and licensing agreements.

Audits & Inspections

- Handle internal and statutory audits.

- Respond to regulatory queries and manage inspection readiness.

DECISIONS

(Key decisions taken by job holder at his/her end)

Following decisions are taken by the role:

- Interpretation and implementation of SEBI regulations under the AIF framework, including updates from circulars and amendments.

- Due diligence protocols for investors and investee companies, especially when foreign or sensitive jurisdictions are involved

- Disclosure decisions regarding material changes in fund structure, control, or investment strategy to SEBI and investors

- Guiding the Fund Management team on applicable regulatory and internal compliances, where required.

- Approving or rejecting investment proposals based on compliance checks

- Ensuring investment decisions are documented with justification and aligned with the fund's placement memorandum

SKILLS AND KNOWLEDGE

(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)

Qualifications: CS, LLB

Work Experience

- Overall experience around 10 years; specific to AIF 2-4 years.

- Strong execution capability, hands-on experience in managing SEBI regulatory obligations for AIF.

- Proficiency in MS Office and compliance management tools.

Personal Attributes/ Behavioral skills

- Analytical bend of mind, Good communication skills, Solution oriented mindset, Good drafting skills.

- Commitment, passion for work & eagerness to learn, teamwork, ability to stretch in crunch situations & sustain pressures, manage relationship with all the stakeholders.