Job description

Experience: 4+ Years
Location: Mumbai

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.

Qualifications and Experience:
• Education:
Graduate/Post-Graduate in Law, Finance, Business Administration. Professional
qualifications like CS, LLB, CA, or SEBI compliance certifications are preferred.
• Experience:
Minimum 4+ years of core compliance experience in PMS and AIF domain;
experience in handling SEBI inspections is essential.
• Knowledge:
Thorough understanding of SEBI (Portfolio Managers) Regulations, SEBI (AIF)
Regulations, and related circulars, best practices, and governance frameworks.
• Skills:
o Strong analytical and problem-solving skills
o Excellent written and verbal communication
o Proficient in Microsoft Office, compliance tools, and regulatory portals
o High attention to detail and documentation