Compliance Manager

Zerodha Fund House; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

A leading mutual fund company in India is looking for compliance professionals to ensure adherence to regulatory norms. The role includes preparing reports for SEBI, handling internal audits, and tracking regulatory changes. Candidates should have 5-6 years of experience in compliance with an Asset Management Company, along with a degree in Law or Finance. Strong analytical and communication skills are crucial for this position. Join us in empowering the next generation of investors.

Qualifications

• 5-6 years of total experience, including 3-4 years in compliance at an Asset Management Company or Mutual Fund.
• Strong analytical and communication skills are required.
• Experience with regulatory compliance documents and processes.

Responsibilities

• Assist in finalizing reports for regulators.
• Track and analyze regulatory changes from SEBI and AMFI.
• Conduct compliance risk assessments.

Skills

Analytical skills

Communication skills

Stakeholder management

Education

Graduate/Postgraduate in Law, Finance, or related field

CS, CA, CFA or compliance certifications

Job description

Overview

Zerodha Fund House, Enabling the Next Generation of Indian Investors. At Zerodha Fund House, we are redefining the mutual funds landscape to create simple, transparent, and cost-effective investment solutions for millions of Indians. Built by the pioneers behind Zerodha Broking Ltd and Case Platforms Ltd, we are on a mission to empower the next 10 crore investors in India to participate in and grow the capital markets. We are expanding our team and seeking passionate, analytical, and detail-oriented individuals to join us.

Responsibilities

General Compliance Responsibilities

• Assist in the finalization of reports to be filed with SEBI, AMFI, RBI and the Board of AMC and Trustees.
• Assist in update of regulatory documents such as SID, KIM, and SAI.
• Draft notices, addendums, and board communication related to compliance matters.
• Pre-clearance of all marketing materials and filing the same with the regulator.
• Assist in update of Compliance Manual and other policies.
• Provide guidance to business and other teams on various compliance requirements.
• Conduct compliance risk assessments and provide recommendations for risk mitigation.

Research and Regulatory Updates

• Proactively track and analyze new circulars and directives issued by SEBI and AMFI.
• Prepare reports on the impact of regulatory changes.
• Assist in implementing changes required by new guidelines, ensuring seamless compliance.
• Provide support for research for new initiatives.

Compliance Surveillance and Monitoring

• Conduct reviews to ensure compliance with dealing room practices, insider trading regulations and ethical standards.
• Analyze transaction/s to identify and report suspicious activities or regulatory breaches.
• Review of call recordings, emails, and communications.
• Review of personal transaction/s of employees.
• Monitor compliance limit breaches/ alerts.
• Proactively monitoring to detect and prevent potential breaches of compliance norms/ internal policies.

Reporting and Liaison

• Prepare various compliance related reports and MIS for the team.
• Liaise with exchange/s on matters related to listed ETFs and other compliance requirements.
• Coordinate with Internal Auditors, Statutory Auditors, and SEBI Auditors and Assist in handling SEBI inspection.

Qualifications

• Total experience of 5-6 years with minimum 3-4 years of experience of working in the compliance department of Asset Management Company/ Mutual Fund.
• Graduate/Postgraduate in Law, Finance, or related field; additional certifications (e.g., CS, CA, CFA, or compliance certifications) will be an advantage.
• Excellent analytical, communication, and stakeholder management skills.