Manager- Internal Control Unit - Advisory Firm

Established in 2017, Company is a dynamic and a regulated organization under SEBI, RBI, and IFSCA. Initially focused on a single line of business, the firm has diversified into four distinct ventures within the Asset Servicing Business.

Our company specializes in meticulously crafted financial solutions catering to offshore investment managers, Institutional Investors, accredited investors, and offers consultancy services to both offshore and onshore asset managers. Presently, the firm manages assets under servicing worth USD 3.7 billion. Our clearing business has executed on an avg 13.2 lac trades per day, with 4.73 lac crores notional value trades.

Dovetail has a team of overall 90 employees, our Head Office is located in Mumbai (offices location Prabhadevi and Worli), and additional offices in GIFT city.

Our robust presence in GIFT city sets us apart, as one of the pioneering companies with a dedicated team, holding an ancillary service license. This license enables us to offer comprehensive fund administration services encompassing investor onboarding, Fund Accounting, Structuring, Compliance, and advisory on set-ups. We take pride in being the largest GIFT City Administrator, managing substantial assets through GIFT City, and being among the initial recipients of Ancillary Services. Additionally, Dovetail is in the process of setting up an office in Dubai, further expanding our global footprint.

Summary:

The Internal Control Unit is responsible for ensuring that the clearing, funds and admin unit of the group operates in compliance with all applicable laws, regulations, and internal policies. The successful candidate will be responsible for developing and implementing internal controls, monitoring compliance with policies and procedures, and identifying and mitigating risks.

Key Responsibilities:

- Develop and implement internal controls to ensure compliance with all applicable laws, regulations, and internal policies.

- Monitor compliance with policies and procedures and identify areas of risk.

- Identify and mitigate risks to the clearing, funds and admin unit of the group.

- Develop and maintain a risk management framework.

- Ensuring SOC 1 and SOC 2 audits are regularly conducted

- Provide guidance and training to staff on internal controls and risk management.

- Conduct regular internal audits within the group to ensure compliance with policies and procedures.

- Prepare reports on internal control and risk management activities for senior management.

Qualifications:

- A recognized diploma/advance diploma/degree with experience in Banking/Custodian/Clearing.

- At least 3-5 years of experience in internal control, risk management, or audit.

- Sound knowledge of capital market regulations and internal policies.

- Excellent analytical and problem-solving skills.

- Strong communication and interpersonal skills.

- Ability to work independently and as part of a team