Senior Manager/AVP - Compliance - BFS

Basic Information

Grade/Level : Senior Manager/AVP

Department : GWM Compliance

Location : Mumbai

Job Purpose : 

- The responsibility of this role is to ensure compliance in the respective business and monitor on continuous basis.

- The scope of this role includes vetting of KYC documents, client agreements, terms of business, referral agreements and disclaimers, vetting different business products, support in legal and litigation related assignments,

- Role also involves handling Exchange/SEBI enquiries and inspections and surveillance related activities.

Key Responsibilities : 

Managerial Responsibilities : 

- Maintaining a high level of coordination within and outside the team

- Coaching the team on activities and creating a back-up for smooth functioning of the team's activities in a smooth manner without any misses

- Mentoring team members on various aspects of work

Functional Responsibilities : 

- Having hands on Experience in Wealth Management products including Investment Advisory, Research Analysis, IAF, PMS, Structure Products, product distribution and cross selling etc.

- Handling funding products, RBI Regulations and NBFC Compliances.

- Handling compliance for Equity, Commodity and Depository.

- Handling sophisticated tools on Anti money laundering, Surveillance, Compliance and internal control applications.

- Drafting, formulation and implementation of Policies and Processes as may applicable to business.

- Analytic of the data to be submitted to the regulators and senior management.

- Interaction with regulators, and improving regulatory relationships including internal stakeholders.

- Supporting Legal and litigation related assignments.

Job Requirements : 

Qualifications : CA/CS/LLB/MBA Finance

Experience Minimum : 10 years of experience in BFSI sector

Functional Competencies :

- Proficiency in MS-Office

- Knowledge of current regulatory environment

- Good computer applications skills

- Deep understanding of legal language

- Excellent drafting skills

Behavioral Competencies :

- Team player

- Ability to work well under pressure

- Decision making ability

- Analytical skills

- Problem solving skills

- Critical thinking skills

Conducting process review and validation.

Business Teams/Global Compliance Team

- To understand the business initiatives and ensure compliance

- To address business queries

- To provide updated compliance information and guidelines to various business teams to avoid any non compliance

- To educate / make aware /update various LOBs on various regulatory changes and ring fencing.

- To take guidance/clarification from Group Compliance team for various regulatory implementations and submissions.
 
Technology Team : 

- To interact with the team to upgrade the system as per the requirement of new policies or compliance/ automations of manual processes.

Legal Team : 

- To co-ordinate with legal for feedback / data in case of arbitration matters

Operations & Other Teams :

- To collate data for regulatory submissions/inspections

External Nature or purpose of interaction

System vendor :

- Business and regulation related interaction

- Automation

Regulatory / Stock Exchange Officials :

- To get clarity regarding the exchange requirements for the business initiatives

- To get clarity regarding exchange rules and regulations in case of any ambiguity

Regulators and Exchange :

- To collect data from various LOBs which may be required by regulatory authorities and provide the same to regulators within the timeline

- To provide time reply to the data or query raised by regulators or exchange

- To revert with clarification and supporting documents to regulators/exchange for any observation reported during inspections