Compliance Officer / Head - Compliance (AMC)

Role & responsibilities

The Head Compliance is responsible for designing, implementing, and overseeing a robust, end-to-end compliance framework to ensure full adherence to SEBI Mutual Fund Regulations, AMFI Guidelines, and applicable statutory obligations.

This role serves as a key safeguard for the integrity and transparency of the AMC’s operations by proactively monitoring regulatory developments, ensuring timely filings, and setting up core compliance processes from scratch. The role holder will act as the principal point of contact for SEBI, AMFI, Trustees, and other regulatory bodies while embedding a compliance-first culture across all functions.

Key Responsibility Areas (KRAs)

1. Regulatory Compliance Oversight

• Ensure total compliance with SEBI Mutual Fund Regulations, AMFI Guidelines, and applicable financial laws governing Mutual Fund and AIF operations.
• Monitor, track, and implement all new regulatory updates, circulars, and statutory changes.
• Continuously review and align internal policies and operational procedures with evolving regulatory frameworks.

2. Monitoring, Audits & Risk Mitigation

• Design and deploy a comprehensive internal compliance monitoring framework, including periodic compliance audits and risk assessments.
• Identify compliance risks and ensure timely mitigation through preventive controls and structured escalation paths.
• Maintain rigorous, audit-ready documentation of all compliance activities, reviews, and recorded deviations.

3. Regulatory Filings & Strategic Communication

• Oversee timely and accurate submission of regulatory filings and disclosures, including SID/SAI, Key Information Memorandums (KIMs), AUM disclosures, compliance certificates, and periodic financials.
• Act as the key contact and liaise directly with SEBI, AMFI, Trustees, and Statutory Auditors during inspections, queries, and regulatory audits.

4. Product & Communication Vetting

• Review and approve new product proposals, scheme features, marketing collaterals, investor communications, and public advertisements for strict regulatory conformity.
• Ensure all public and investor disclosures are fair, transparent, and compliant with statutory guidelines.
• Partner with Product, Sales, and Digital teams to enable smooth and timely compliance clearances.

5. Compliance Governance & Committee Support

• Serve as Secretary to the Compliance Committee; prepare agendas, maintain minutes, and present periodic compliance updates.
• Deliver structured reports to the Board of Directors, Trustees, and other governance bodies on key compliance metrics, regulatory updates, and material issues.

6. Training, Advisory & Culture

• Conduct regular compliance training programs for employees across functions to promote awareness and risk mitigation.
• Provide proactive advisory support to internal stakeholders on regulatory and compliance-related queries.
• Establish and nurture an organization-wide compliance-first culture.

Desired Candidate Profile

Educational Qualifications

• Primary: Degree in Law (LLB), Chartered Accountant (CA), Company Secretary (CS), or MBA (Finance/Legal) from a recognized institution.
• Preferred: Additional certifications in securities law, regulatory compliance, or governance (e.g., NISM, ICSI).

Work Experience

• 10–15 years of relevant experience in compliance roles within a Mutual Fund, AIF, or SEBI-regulated financial institution.
• Prior experience as a Chief Compliance Officer (CCO) or Deputy CCO in a Mutual Fund AMC is strongly preferred.
• Hands-on exposure to SEBI inspections, AMFI interactions, regulatory audits, and trustee reporting.

Technical & Functional Skills

• Deep expertise in SEBI Mutual Fund Regulations, AMFI Guidelines, and relevant financial sector laws.
• Expertise in preparing and reviewing SID, SAI, KIM, and statutory regulatory disclosures.
• Familiarity with digital governance tools, automated compliance monitoring systems, and framework setups.
• Strong capability in compliance documentation, risk assessment, and regulatory response drafting.

Behavioral & Leadership Skills

• Uncompromising integrity, discretion, and a high level of compliance orientation.
• Analytical thinking with high attention to detail and structured decision-making abilities.
• Superior communication, negotiation, and stakeholder engagement skills.
• Proven ability to collaborate cross-functionally and foster an environment of accountability.