Head - SEBI Compliance - PMS - Financial Firm

Head SEBI Compliance-PMS

The role of the Head of Compliance for PMS (Portfolio Management System), RA (Research and Analysis), and RIA (Registered Investment Advisor) involves overseeing and ensuring compliance across various aspects of portfolio management, regulatory requirements, and investment advisory services within a financial institution or investment management firm. This is a senior- level position that requires a deep understanding of financial regulations, industry standards, and investment practices.

Key Responsibilities:

Regulatory Compliance:

- Monitor and interpret relevant financial regulations, laws, and guidelines that impact portfolio management and investment advisory activities. Ensure that the firm's activities comply with these requirements.

- Stay up-to-date with relevant laws, regulations, and guidelines pertaining to the PMS industry, financial markets, risk management, and regulatory affairs.

- Develop and implement strategies to ensure compliance with applicable regulations and guidelines.

- Collaborate with legal and regulatory teams to respond to regulatory inquiries and conduct regulatory reporting as required.

Policy Development:

- Develop, implement, and maintain compliance policies and procedures specific to portfolio management, registered investment advising, and investment advisory services.

- Collaborate with legal and risk management teams to align compliance objectives.

Compliance Programs:

- Design, implement, and maintain effective compliance programs for PMS, RI, and RA activities.

- Conduct regular compliance risk assessments to identify areas of potential vulnerability and recommend appropriate measures to mitigate risks.

- Develop and deliver compliance training programs to educate employees about regulatory compliance, risk management, and internal policies.

Investment Adviser Registration:

- Oversee the registration process and ongoing compliance obligations of the firm as a Registered Investment Adviser (RIA) with relevant regulatory bodies.

Risk Assessment and Management:

- Identify, assess, and mitigate potential compliance and regulatory risks associated with portfolio management, investment advising, and RIA activities.

- Develop risk management strategies and controls.

Regulatory Filings and Reporting:

- Ensure accurate and timely submission of required regulatory filings and reports related to investment advisory activities and RIA compliance.

Portfolio Management Compliance:

- Ensure that portfolio management processes and strategies adhere to compliance requirements and industry best practices.

- Monitor portfolio activities for any potential violations.

Client Relationships:

- Collaborate with client-facing teams to ensure compliance with client agreements, disclosure documents, and investment guidelines.

Internal Audits:

- Coordinate and support internal and external audits related to portfolio management, investment advisory services,and RIA compliance.

Training and Education:

- Develop and deliver training programs to enhance compliance awareness and understanding among portfolio managers, investment advisers, and relevant staff.

Regulatory Intelligence:

- Stay informed about evolving regulatory developments, industry trends, and best practices related to portfolio management, investment advising, and RIA compliance.

Collaboration:

- Work closely with legal, risk management, operations, investment, and client services teams to ensure a coordinated approach to compliance and client service.

Qualifications and Skills:

- Bachelor's degree in finance, business, law, or a related field. Advanced degree (e.g., MBA, JD) or relevant professional certifications (e.g., CFA, CCO) are often preferred.

- Extensive experience (typically 10+ years) in compliance roles within the financial services industry, with a strong focus on portfolio management, investment advisory, and RIA compliance.

- Comprehensive knowledge of relevant financial regulations, industry standards, and investment advisory rules.