Compliance and Operations Head

Job Overview: We are looking for a detail-oriented and proactive Compliance & Operations professional to manage regulatory compliance and operational processes for our SEBI-registered Investment Advisory (RIA) and Portfolio Management Services (PMS) business. The ideal candidate should have a strong understanding of SEBI regulations, operational workflows, documentation, and coordination with internal and external stakeholders.

Key Responsibilities:

Compliance:

• Ensure compliance with SEBI regulations applicable to RIA and PMS businesses.
  
• Prepare, review, and maintain statutory records, registers, and regulatory documentation.
  
• Coordinate with auditors, compliance consultants, exchanges, custodians, and regulatory authorities.
  
• Manage regulatory filings, disclosures, and periodic reporting within prescribed timelines.
  
• Track regulatory updates and assist in implementing changes across the organization.
  
• Monitor adherence to internal compliance policies, SOPs, and governance standards.
  
• Support internal, statutory, and SEBI audits by providing necessary documentation and responses.
  

Operations:

• Manage end-to-end client onboarding, KYC verification, and account opening documentation.
  
• Coordinate with custodians, brokers, RTAs, banks, and other financial institutions for operational activities.
  
• Ensure timely execution and reconciliation of investment transactions.
  
• Maintain accurate client records, agreements, and operational documentation.
  
• Prepare MIS reports, compliance reports, operational dashboards, and management reports.
  
• Monitor operational risk and recommend process improvements to enhance efficiency. Resolve operational queries from internal teams and clients.
  

Documentation & Reporting:

• Maintain agreements, client records, regulatory registers, and compliance documents.
  
• Prepare monthly, quarterly, and annual compliance reports.
  
• Ensure proper record retention in accordance with SEBI regulations.
  
• Assist in drafting and updating internal policies, SOPs, and operational manuals.
  

Stakeholder Management:

• Collaborate with Investment, Relationship Management, Finance, Legal, and Technology teams.
  
• Coordinate with external vendors, custodians, consultants, and auditors for smooth business operations.
  

Desired Candidate Profile:

• Bachelor’s degree in commerce, Finance, Business Administration, Law, or a related field.
  
• 3–7 years of experience in Compliance and Operations within Wealth Management, PMS, RIA, Mutual Funds, Broking, or Asset Management.
  
• Good understanding of SEBI (Investment Advisers) Regulations and SEBI (Portfolio Managers) Regulations.
  
• Knowledge of KYC, AML, FATCA, CKYC, and investor onboarding processes. Proficiency in MS Excel and reporting tools. Strong analytical, documentation, and problem-solving skills.
  
• Excellent communication and stakeholder management abilities.
  
• Ability to work independently and manage multiple priorities.
  

Preferred Experience:

• Experience working in a SEBI-registered RIA or PMS organization.
  
• Familiarity with compliance management systems and wealth management platforms.
  
• Exposure to regulatory audits and compliance reporting.
  
• Certifications such as NISM Investment Adviser (Level 1 & 2), NISM Series XXI-A/B, or other relevant certifications will be an added advantage.
  

Key Competencies:

• Regulatory Compliance
  
• Operations Management
  
• Documentation & Record Management
  
• Attention to Detail
  
• Risk & Control Analytical Thinking
  
• Stakeholder Management
  
• Process Improvement
  
• Time Management
  
• Integrity & Confidentiality
  

Benefits on being a part of Finnovate:

➢ Health Insurance: Coverage including options for dependents.

➢ Paid Time off: Vacation days and holidays, allowing employees to take time off while still receiving pay.

➢ Parental Leave: Paid time off for new parents, including maternity, paternity, and adoption leave.

➢ Recognition and Incentives: Performance-based variable pay or recognition programs to reward employees for their contributions.

➢ Company Events and Celebrations: Company outings, team- building activities for bonding between team members

➢ Employee Recognition Programs: Awards, incentives, or bonuses for outstanding performance or tenure.

➢ Employee Referral Programs: Bonuses or incentives for referring qualified candidates who are hired by the company.

Working Days: Monday to Saturday (Alternate Saturdays off)

Working Time: 9.30 am to 6.30pm (Employees working on Sundays are eligible for a comp off)