Chief Compliance Officer with Banyan Tree Advisors Pvt. Ltd.

Deadline Open Deadline

Location Bengaluru, Karnataka

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

They are value investors. Their objectives for our investors are three-fold: first, to preserve capital, second to beat the risk free rate of return, and third, to beat the equity index rate of return. They achieve this by investing for the long term in high quality companies at prices that are at a reasonable discount to their intrinsic value.

Details of the Job/Internship

Banyan Tree Advisors Pvt. Ltd. is hiring a chief compliance officer to join them in Bengaluru office.

Role and Responsibilities

1. Regulatory Compliance & Framework Management

Develop, implement, and monitor the company’s compliance framework for both PMS and AIF in line with applicable regulations and ensure 100% compliance.
Ensure internal compliance audits and inspections, ensure immediate actions on the gaps.
Stay updated on changes to laws, regulations, and guidelines that may impact the PMS and AIF operations, and ensure timely incorporation into company processes.

2. Policy Development & Oversight

Formulate and maintain comprehensive compliance policies, procedures, and manuals tailored to PMS and AIF activities.
Ensure the effective dissemination of these policies to relevant departments and teams.
Regularly review and update policies to ensure they align with regulatory developments and industry best practices.

3. Risk Management

Identify, assess, and mitigate compliance risks associated with PMS and AIF products and services.
Work closely with internal teams to ensure alignment between compliance and risk strategies.
Monitor client portfolios to ensure that all activities comply with PMS guidelines and AIF fund mandates.

4. Reporting & Communication

Prepare and submit timely compliance reports to the Board of Directors, and regulatory authorities.
Communicate with regulatory bodies regarding inquiries, submissions, inspections, and updates.
Develop communication strategies to keep the organization informed of new compliance developments.

5. Audits & Inspections

Liaise with external auditors and regulators during compliance audits and inspections.
Oversee the documentation and record-keeping of all compliance-related activities and transactions.
Ensure readiness for regulatory inspections and prepare the organization to meet external audit requirements.

6. Client & Investor Protection

Ensure all investor communications and disclosures are accurate, complete, and in line with regulatory requirements.
Oversee the handling of investor complaints and grievances in accordance with legal and regulatory guidelines.
Monitor and enforce the “suitability” and “appropriateness” standards for investments under PMS and AIF services.

7. Training & Awareness

Conduct/ensure regular compliance training programs for employees across departments to ensure an understanding of regulatory requirements for PMS and AIF.
Promote a culture of compliance throughout the organization, emphasizing the importance of adherence to regulations and ethical standards.

8. Ethical Leadership

Act as a role model for ethical behavior and decision-making within the company.
Address any unethical practices or misconduct and ensure proper investigations and reporting.
Create a culture of adherence to regulations in spirit, not only just in words.

Eligibility

Bachelor’s degree in Law, Finance, Business, or a related field. A Master’s degree (MBA/LLM) or a professional qualification such as Chartered Accountant (CA) or Company Secretary (CS) is preferred.
Experience: Minimum of 8-10 years of experience in compliance, legal, or regulatory roles within the financial services industry, preferably with direct exposure to PMS and AIF operations.
Regulatory Knowledge: In-depth understanding of SEBI regulations and other applicable laws relating to PMS, AIF, and the financial markets.