Compliance Officer - RIA

Overview

We are seeking an experienced Compliance Officer for RIA (Registered Investment Advisor) with a strong background in regulatory compliance related to investment advisory services within a financial. This is a mid-senior-level position that requires a deep understanding of financial regulations, industry standards, and investment practices. The ideal candidate should have a minimum of 5 years of relevant experience working with regulatory bodies such as SEBI, AMFI, IRDAI etc.

Key Responsibilities:

Regulatory Compliance:

- Monitor and interpret relevant financial regulations, laws, and guidelines that impact investment advisory activities. Ensure that the firm's activities comply with these requirements.

- Stay up-to-date with relevant laws, regulations, and guidelines pertaining to the RIA industry, financial markets, risk management, and regulatory affairs.

- Develop and implement strategies to ensure compliance with applicable regulations and guidelines.

- Collaborate with legal and regulatory teams to respond to regulatory inquiries and conduct regulatory reporting as required.

Policy Development & Risk Management:

- Develop, implement, and maintain compliance policies and procedures specific to registered investment advising, and investment advisory services.

- Collaborate with legal and risk management teams to align compliance objectives.

- Identify, access, and mitigate potential compliance and regulatory risks associated with RIA.

- Develop risk management strategies and controls.

Compliance Programs:

- Design, implement, and maintain effective compliance programs for RIA activities.

- Conduct regular compliance risk assessments to identify areas of potential vulnerability and recommend appropriate measures to mitigate risks.

- Develop and deliver compliance training programs to educate employees about regulatory compliance, risk management, and internal policies.

Regulatory Filings and Reporting:

- Ensure accurate and timely submission of required regulatory filings and reports related to investment advisory activities and RIA compliance.

Internal Audits:

- Coordinate and support internal and external audits related to investment advisory services, and RIA compliance.

Vendor and Third-Party Oversight:

- Evaluate compliance practices of external vendors, service providers, and third-party partners involved in investment advisory activities.

Regulatory Intelligence:

- Stay informed about evolving regulatory developments, industry trends, and best practices related to investment advising, and RIA compliance.

Qualifications and Skills:

- Bachelor's degree in finance, business, law, or a related field. Advanced degrees (e.g., MBA, JD) or relevant professional certifications (e.g., CFA, CCO) are often preferred.

- Extensive experience (typically 5+ years) in compliance roles within the financial services industry, with a strong focus on investment advisory, and RIA compliance.

- Comprehensive knowledge of relevant financial regulations, industry standards, and investment advisory rules.

- Strong analytical, problem-solving, and strategic thinking skills.

- Excellent communication, leadership, and team management abilities.

- Detail-oriented with a proactive approach to identifying and addressing compliance issues.

- Proficiency in compliance software, tools, and systems.

- Ability to navigate complex regulatory landscapes and provide strategic compliance guidance.