Governance, Risk & Compliance

Governance, Risk & Compliance professional

Responsible for implementing a robust Governance, Risk, and Compliance framework. The role ensures regulatory adherence (SEBI, AMFI), manages enterprise risks, and upholds governance standards across all functions through close coordination with senior management, regulators, and internal teams.

Skill and Knowledge

• Qualification - CA/CS/LLB/MBA
• Work experience - Minimum 2-10 years experience in Financial Industry, preferably Mutual funds.

Roles and Responsibilities

Compliance

Ensure, monitor, and comply with SEBI Regulations for Mutual Fund.

Draft and vet statutory documents such as Scheme Information Document (SID), Statement of Additional Information (SAI), and PMS documentation.

Ensure timely and accurate reporting to SEBI, RBI, AMFI, Board of AMC, and Trustee Company.

Handle statutory audits, SEBI inspections, and internal audits.

Monitor investment limits and regulatory risk parameters.

Approve marketing materials and ensure adherence to SEBI/AMFI guidelines.

Prepare and file compliance reports with SEBI/AMFI; maintain accurate records of filings, disclosures, and policies.

Draft and clear advertisements, notices, and addendums related to compliance.

Prepare disclosures and declarations for Directors, Trustees, employees, and fund management team as per SEBI/AMFI norms.

Liaise with SEBI officials and draft responses to regulatory queries.

Risk Management

Assist in the implementation of Enterprise Risk Management (ERM) framework across the organization.

Update risk management policies and procedures.

Monitor and circulate daily scheme-level risk reports.

Assist Risk Function in activities like Investment Committee and Executive Risk Management Committee meetings, stress testing, adherence to stewardship code and proxy voting guidelines.

Assisting in alerts for potential market abuse and monitor trading patterns.

Maintaining and reviewing risk registers; conduct Risk and Control Self-Assessment (RCSA) annually.

Report incidents, near misses, and process lapses with corrective actions.

Present AMC and scheme-level risk data, breaches, and concentrations to the Board, Trustees, and Risk Committee.

Trigger and test Business Continuity Plans (BCP) for emergency preparedness.

Governance

Review roles and responsibilities of senior management and fund managers periodically.

Facilitate Board and Trustee meetings with risk and compliance updates.

Ensure governance standards and ethical practices across all functions.

Maintain documentation for Board reporting and regulatory inspections.