Job Summary
As the designated Principal Officer, you will be the
primary point of contact with the International Financial Services Centres
Authority (IFSCA) and other regulatory bodies. You will be responsible for
ensuring compliance, managing operations, guiding strategic initiatives, and
maintaining high standards of client service and regulatory adherence.
Responsibilities:
1. Regulatory & Compliance:
– Monitor end-to-end regulatory compliance with IFSCA, SEBI, RBI,
and other applicable frameworks.
– Oversee accurate and timely filing of all regulatory reports, audits,
and disclosures.
– Ensure all employees of the CMI adhere to relevant regulatory
obligations and internal compliance standards.
2. Client Relationship & Suitability:
– Oversee the onboarding process to ensure adherence to Know Your
Client (KYC) norms and risk profiling.
– Ensure that investment advice and product recommendations
align with clients’ goals and regulatory standards.
3. Advisory Oversight:
– Review investment strategies, financial plans, and product
suitability matrices.
4. Operational Oversight:
– Monitor day-to-day functioning of the GIFT City unit including
fund flows, client onboarding, and transaction processing.
– Identify areas for improvement and implement operational
enhancements as needed.
5. Strategic & Operational Leadership:
– Participate in business strategy discussions and contribute to the
growth and operational efficiency of the advisory division.
6. Documentation & Record Maintenance:
– Ensure all client interactions, advisory documentation, and
financial planning records are maintained per IFSCA’s retention
policies.
7. Other Tasks:
– Undertake any other responsibilities or tasks assigned by
management, as required.
Qualifications:
● A professional qualification or Post-graduate degree in finance,
commerce, business management or related discipline from a
recognized university/institution.
● Clear understanding of IFSCA rules & regulations and compliance
requirements applicable to Investment Advisers.
● Minimum of 3 years of experience in similar roles within the
financial services industry, preferably working with GIFT City,
AIF/PMS regulations, and offshore structures.
● Excellent communication and interpersonal skills, with the ability to
interact with internal stakeholders, regulatory authorities, and
external auditors.
● Proven ability to work independently, manage multiple tasks, and
prioritize workload effectively.
● Must meet the “fit and proper person” criteria as specified by IFSCA.
