Principal Officer

About the Role

Location: GIFT City, Gandhinagar, Gujarat

Experience: Minimum 5 Years

Job Summary We are looking for a qualified and experienced Principal Officer to oversee regulatory compliance, fund management activities and operational requirements in GIFT City. The ideal candidate should have relevant experience in securities markets, financial products, fund management or financial services, along with an understanding of IFSCA regulations.

Responsibilities

• Oversee and monitor compliance with applicable IFSCA regulations, guidelines and regulatory requirements.
• Ensure that fund management activities and operations are conducted in accordance with applicable regulatory frameworks.
• Monitor investor onboarding, KYC (Know Your Customer), AML (Anti-Money Laundering) and due diligence processes.
• Oversee preparation and submission of regulatory reports, returns and filings within prescribed timelines.
• Coordinate with IFSCA, auditors, fund administrators, legal advisors and other relevant stakeholders on regulatory matters.
• Monitor changes in regulatory requirements and ensure timely implementation within the organization.
• Identify compliance risks, gaps and potential regulatory issues, and recommend appropriate corrective actions.
• Maintain regulatory records, compliance documentation, policies and procedures.
• Support internal and external audits, regulatory inspections and information requests from regulatory authorities.
• Ensure appropriate investor protection, transparency and governance practices.
• Coordinate with internal teams to ensure smooth execution of fund management and compliance-related activities.
• Report significant compliance matters to senior management and monitor their resolution.

Qualifications

• Qualification Requirements A professional qualification, postgraduate degree, or postgraduate diploma of at least one year in Finance, Law, Accountancy, Business Management, Commerce, Economics, Capital Markets, Banking, Insurance or Actuarial Science.
• Recognised professional qualifications include CA, CS, CMA and equivalent foreign qualifications.
• Alternatively, CFA, FRM or any other relevant qualification specified by IFSCA may be accepted.
• A candidate with at least 15 years of relevant Fund Management experience may qualify with a Bachelors Degree in any discipline.