Senior Manager - Compliance - Portfolio Management Services & AIF

Overview

We are seeking an experienced and detail-oriented Senior Manager Compliance to lead and manage the compliance function for Portfolio Management Services (PMS) and Alternative Investment Funds (AIF). The candidate must have a sound understanding of SEBI regulations, operational compliance processes, and inspection readiness. The role requires strong execution capability, a proactive compliance mindset, and hands-on experience in managing regulatory obligations for PMS and AIF structures.

Key Responsibilities:

Regulatory Monitoring & Interpretation:

Continuously track and interpret SEBI regulations, circulars, and amendments applicable to PMS and AIF, ensuring all changes are accurately implemented.

SEBI & Regulatory Filings:

Manage timely and accurate filing of monthly/quarterly/annual reports and disclosures to SEBI,

custodians, and other authorities, as required.

Policy & Process Implementation:

Draft, review, and implement internal compliance manuals, operating procedures, and control frameworks in alignment with SEBI regulations.

Inspection & Audit Readiness:

Lead and coordinate SEBI inspections, internal audits, and compliance reviews; prepare responses to inspection observations and follow-up actions.

Client Onboarding Oversight:

Supervise and monitor compliance of KYC/AML procedures, client agreements, and onboarding documentation in accordance with regulatory norms.

Risk Assessment:

Identify and mitigate regulatory and operational compliance risks associated with PMS and AIF; escalate issues with risk impact analysis.

Investment & Operational Compliance:

Monitor investment restrictions, asset allocation breaches, related party transactions, and ensure

adherence to scheme-related guidelines.

Training & Awareness:

Conduct regular training for internal teams on compliance updates, best practices, and regulatory awareness.

Compliance MIS & Documentation:

Maintain accurate records and audit trails of all regulatory interactions, filings, approvals, compliance registers, and internal certifications.