Assistant Manager/Manager – Compliance & Risk – Banking/Financial Services

Role Offered – Designation:

Assistant Manager/Manager – Compliance & Risk

Department: Risk Management / Compliance

Location: Gift City, Gandhinagar

Position reports to: To be decided as per the regulatory requirement

Purpose of the role:

The incumbent will be a key person responsible for ensuring compliance with all applicable regulations and ensure suitable risk management policies and practices are in place. The role will also be a critical support activity for timely intimation/settlement of trades, fund utilization and managing collection, payments, and reconciliation.

Key responsibilities and accountabilities of the role:

– Ensuring adherence to the regulatory and internal guidelines issued and amended from time to time through systemic controls

– Preparation of policy documents, regulatory filings as may be required from time to time including periodic review in line with regulatory/ internal changes.

– Coordinating with regulators, auditors and handling regulatory inspections, if any

– Good understanding of Market Risk concepts and metrics (VaR, Tracking Error, risk ratios like Sharpe ratio, Information ratio etc.)

– Performance attribution analysis of portfolio vis-a-vis benchmark & peers

– Ensuring adherence to investment limits like issuer limit, sector limit to address concentration risk and any other limits defined in scheme prospectus through systemic controls.

– Should be open to support Investment Operations team if required in:

1. Handling Cash Flows, monitoring timely and error free cash flow movement in co-ordination with fund managers / dealers

2. Daily Reconciliations of Operating Accounts and Fund movements

3. Dividend Reconciliation, Brokerage Reconciliation, Switch Reconciliation.

4. Settlement of trades

5. Interaction with various banks & RTA for data / information

6. Handling Statutory Returns (TDS, STT, GST & IT)

Knowledge, experience, skills, and abilities:

Educational Qualification:

Postgraduate in any discipline is must – Preferably /MBA/CA or equivalent

Technical & Professional Knowledge required:

– Understanding of Asset Management activities and risk management framework/ operations requirement in the domain.

– Ability to handle branch operations independently

– Understanding SEBI – Mutual Fund Operational Guidelines

Experience Required:

– Min 5 years of experience preferably in portfolio manager, broker dealer, investment advisor, wealth manager, research analyst or fund management

– Good knowledge of banking / investment operations in Mutual Fund or BFSI sector

Essential Competencies for the role:

– Analytical bent of mind with hands on Excel experience

– Interpersonal skills

– Planning and Target Oriented

– Solution oriented

Personal Attributes required:

– Should have an eye for detail

– Good communicational abilities

– Should be ready to expand job portfolio horizontally

Key Interactions:

Internal: Compliance, Operations, Risk Management, Investment Team, etc.

External: Banks, Regulatory Authorities, Auditors