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Mumbai, Maharashtra, India
Onsite
AlphaGrep Investment Management Private Limited (AlphaGrep IM) is a Quantitative Investment Management firm offering regulated funds, Portfolio Management Services (PMS), Alternative Investment Funds (AIF), and Investment Advisory services to domestic and global clients.
AlphaGrep IM is the brainchild of the team at AlphaGrep, a SEBI-regulated broker and multi-asset proprietary trading firm focused on quantitative trading across more than 20 global exchanges.
We are looking for a bright and resourceful individual to join our Compliance team in Mumbai.
Function: Compliance
Business Coverage: AIF | PMS | Investment Advisory
Experience: 3–5 years
Location: BKC, Mumbai
Reporting To: Head – Compliance
We are looking for a Compliance professional to join our Compliance team and independently manage regulatory compliance for the organisation's SEBI-regulated Alternative Investment Fund (AIF), Portfolio Management Services (PMS), and Investment Advisory (IA) businesses.
The ideal candidate should have strong practical knowledge of SEBI regulations applicable to AIF, PMS and Investment Advisers, with the ability to independently identify regulatory requirements and translate them into actionable compliance processes.
Monitor and ensure compliance with applicable SEBI regulations, circulars, notifications, guidelines and regulatory directions relating to AIF, PMS and Investment Advisory businesses.
Track regulatory developments and assess their applicability and impact on the business.
Maintain and update the regulatory compliance calendar and ensure timely completion of regulatory requirements.
Provide regulatory guidance to business, investment, operations and other internal teams.
Review compliance requirements relating to AIF scheme/PPM documentation, investment restrictions, disclosures, investor reporting and other regulatory obligations.
Monitor PMS client onboarding, agreements, investment mandates, disclosures and applicable regulatory requirements.
Review periodic compliance and regulatory reports for AIF, PMS and Investment Advisory.
Assist with PPM-related regulatory compliance, audits and filings.
Conduct periodic compliance reviews and testing across AIF, PMS and Investment Advisory activities.
Monitor compliance with investment restrictions, exposure limits, client mandates and other applicable investment-related requirements.
Identify compliance gaps and recommend corrective and preventive actions.
Maintain appropriate evidence and documentation for compliance testing and reviews.
Coordinate and ensure timely submission of regulatory returns and filings applicable to AIF, PMS and Investment Advisory businesses.
Review regulatory submissions for accuracy, completeness and consistency.
Coordinate with Operations, Finance, Fund Accounting, Legal and other teams for information required for regulatory reporting.
Maintain a repository of regulatory filings, acknowledgements and supporting documents.
Draft, review and periodically update compliance policies, SOPs and internal controls applicable to AIF, PMS and Investment Advisory.
Ensure policies are effectively communicated and implemented across relevant functions.
Maintain compliance manuals, regulatory trackers and process documentation.
Assist in developing and strengthening the overall compliance framework and control environment.
Monitor compliance with applicable KYC, AML and PMLA requirements.
Review investor/client onboarding and due diligence processes.
Monitor screening, sanctions/PEP checks, adverse media and other AML controls.
Escalate and document AML/KYC exceptions and suspicious activities in accordance with applicable requirements.
Coordinate with internal auditors, statutory auditors, compliance auditors and external consultants.
Coordinate with relevant teams for responses to regulatory queries, observations and audit findings.
CS / LLB / Postgraduate degree in Finance, Commerce, Law or Business Management would be an advantage.
3–5 years of relevant experience in Compliance, Legal & Compliance or Regulatory Compliance.
Prior experience with an Asset Management Company, AIF, PMS, Investment Adviser, wealth manager, fund manager or financial services organisation is preferred.
Strong practical understanding of SEBI regulations applicable to AIF, PMS and Investment Advisers.
Ability to independently interpret regulatory requirements and implement effective compliance processes.
Excellent verbal and written communication skills.
Strong attention to detail, analytical ability and ownership of responsibilities.
Strong regulatory and compliance knowledge.
Ability to work independently and manage multiple compliance requirements and deadlines.
Good understanding of financial services and investment products.
Strong stakeholder management and communication skills.
A proactive approach to identifying regulatory and compliance risks.
High level of integrity, ownership and attention to detail.
