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

The Corporate Institute; Hinoba-an; On-site; PHP 796,000 - 1,194,000; Full time

Job summary

The Corporate Institute is seeking an Assistant Manager/Manager – Compliance & Risk to lead risk management and regulatory compliance from its Gift City, Gandhinagar location. The role requires coordinating with regulators and auditors and ensuring adherence to internal controls and risk limits across portfolios.

Ideal candidates have postgraduate qualifications (MBA/CA) and 5+ years in related financial activities, with strong Excel and analytical skills and the ability to handle investment

Qualifications

• Postgraduate degree; MBA/CA preferred.
• 5+ years in portfolio management, broker dealer, wealth management or fund management.
• Understanding of asset management and regulatory guidelines (SEBI MF).

Responsibilities

• Ensure adherence to regulatory and internal guidelines through systemic controls.
• Prepare policy documents and regulatory filings as required.
• Coordinate with regulators, auditors and handle regulatory inspections.
• Understand market risk concepts and metrics (VaR, Tracking Error, Sharpe ratio, Information ratio).
• Support Investment Operations in cash flows, reconciliations and settlements.
• Interact with banks and RTA; handle statutory returns (TDS, STT, GST, IT).

Skills

Excel

Analytical mindset

Interpersonal skills

Planning

Solution oriented

Education

Postgraduate / MBA / CA

Job description

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)

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