Vice President - Securities Compliance - Investment Bank

VP - India Compliance - Global Investment Bank

- Our client is top tier global investment bank and present across globe. They are looking at hiring an experienced compliance professional to join the India Compliance team based in the Mumbai office. This team works very closely with the APAC compliance team.

- The candidate will be supporting India front office sales & trading desk for 2 businesses such as Fixed Income and Institutional equities, with greater involvement in fixed income compliance related matters. The candidate will report to the Head of India Compliance.

Key Responsibilities:

- The candidate is expected to manage the day-to-day functioning of the fixed income compliance coverage, which includes advising on RBI related matters, reviewing and implementing new / existing regulatory guidelines.

- Act as a primary contact person for RBI and other regulatory authorities, managing RBI's inspections and periodic data requests, managing other regulatory / internal audits, providing solutions for complex business proposals and/or regulatory issues, taking a lead in setting up the domestic foreign exchange business (FX License implementation)

- The candidate will be providing compliance support to the Institutional Equities business which includes advising on SEBI and stock exchange related matters, liaising with regulators, leading inspections and audits, providing solutions for complex regulatory issues, reviewing and implementing new / existing regulatory guidelines, advising on client documentation etc.

- The candidate will also be working with regional compliance team based in Hong Kong and Singapore in providing advice to MS Foreign Portfolio Investors.

- Providing guidance and working closely with the Legal / Litigation / Surveillance / Regulatory Inquiries / Other relevant teams in connection with the preparation and response to regulatory inquiries and examinations related to Sales and Trading activities

Key criteria to qualify for the role:

- Qualified Chartered Accountant or Corporate Secretary (a Law Degree preferable, but not necessary).

- 12+ years of working experience in fixed income markets and capital markets compliance function of a reputed Bank or a Financial Institution.

- Should be able to independently handle the India trading compliance function.

- Experience of dealing and lobbying with regulators and managing regulatory inspections.

- Experience of domestic foreign exchange business (FX License) related compliances.