Senior General Manager

Department : Legal/Compliance/Finance

Reporting To : Head of Legal & Compliance / CFO / Managing Director

Location : Mumbai, with travel as required

Role Summary :

The Senior General Manager will be responsible for leading the company's compliance framework for RBI and FEMA matters relating to overseas investments, foreign subsidiaries, and cross-border funding arrangements. The role requires strong regulatory judgment, operational control, and the ability to work closely with senior stakeholders to ensure all international investment activity is compliant, well-documented, and timely reported.

Key Responsibilities :

- Lead compliance oversight for overseas direct investment in foreign subsidiaries, joint ventures, and wholly owned subsidiaries.

- Review proposed transaction structures for RBI/FEMA compliance before execution.

- Ensure timely preparation, review, and submission of all required filings, declarations, and ongoing reports relating to overseas investments.

- Monitor downstream investment requirements, where applicable, and ensure compliance with internal and regulatory approvals.

- Oversee compliance for funding support to overseas entities, including equity infusion, inter-company loans, guarantees, and other permitted instruments.

- Liaise with authorized dealer banks, external counsel, auditors, consultants, and regulators as required.

- Maintain a regulatory tracker for RBI circulars, FEMA amendments, reporting requirements, and compliance deadlines.

- Develop and implement SOPs, controls, checklists, and escalation mechanisms for outbound investment compliance.

- Review board notes, resolutions, internal approvals, and transaction documentation from a compliance perspective.

- Advise senior management on compliance risks, regulatory interpretation, and practical mitigation measures.

Key Deliverables :

- Complete and accurate regulatory filings within prescribed timelines.

- Robust internal compliance controls for overseas investment transactions.

- Timely escalation of exceptions, delays, or non-compliances.

- Updated policy framework aligned with prevailing RBI/FEMA requirements.

- Periodic compliance reports for senior management and the Board.

Experience Required :

- 10 to 15 years of relevant experience in RBI/FEMA compliance, corporate legal, secretarial, treasury, or regulatory advisory roles.

- Strong experience in overseas investment compliance and cross-border structuring.

- Prior exposure to working with multinational groups, listed companies, or large Indian corporates preferred.

- Experience in handling AD bank processes and regulatory correspondence desirable.

- Demonstrated ability to manage senior stakeholders and complex compliance matters.

Qualification :

- LLB / CA / CS / CMA preferred.

- Postgraduate qualification in law, finance, or management will be an added advantage.

- Professional training in FEMA, international investment compliance, or regulatory matters is desirable.

Skills and Competencies :

- Strong knowledge of RBI and FEMA regulations affecting outbound investments.

- Excellent drafting, review, and interpretation skills.

- High attention to detail and strong documentation discipline.

- Ability to work independently and manage multiple compliance timelines.

- Strong communication and stakeholder management skills.

- Leadership capability with a process-oriented mindset.

Preferred Attributes :

- Hands-on experience in ODI, downstream investment, and related reporting.

- Ability to balance regulatory caution with business practicality.

- Good understanding of risk controls in cross-border structures.

- Strong ownership and accountability for compliance outcomes.

Performance Indicators :

- Zero or minimal filing defects.

- Timely closure of regulatory obligations.

- Effective management of compliance risks.

- Smooth coordination across internal and external stakeholders.

- Strong audit readiness and documentation standards.