Compliance Officer

a)Regulatory Compliance & Governance

• Ensure compliance with:
  • IFSCA Act, regulations, circulars and guidelines
  • Applicable FEMA, RBI, SEBI, IRDAI (where relevant)
  • International regulations (FATF, AML, KYC norms)
• Act as the principal compliance liaison with IFSCA and other regulators
• Keep management informed of regulatory developments and changes

b)Compliance Framework & Policies

• Develop, implement, and maintain:
  • Compliance policies and procedures
  • Code of conduct and ethics framework
  • Compliance manuals specific to IFSC operations
• Establish a risk-based compliance program
• Periodically review and update policies

c)AML / KYC / Financial Crime Compliance

• Act as Designated Compliance Officer / MLRO (if required).
• Oversee:
  • KYC/CDD/EDD processes
  • Transaction monitoring systems
  • Suspicious Transaction Reporting (STRs)
• Ensure compliance with:
  • Prevention of Money Laundering Act (PMLA)
  • FATF standards and IFSCA AML guidelines

d)Monitoring, Surveillance & Testing

• Design and execute compliance monitoring programs
• Conduct:
  • Compliance testing and thematic reviews
  • Internal audits support
• Track compliance breaches and ensure timely remediation

e)Regulatory Reporting

• Ensure accurate and timely filing of:
  • Regulatory returns
  • Periodic compliance certificates
  • AML/STR filings
• Maintain proper documentation for regulatory inspections

f)Board & Committee Support

• Provide periodic compliance reports to:
  • Board / Audit Committee / Risk Committee
  • Highlight Compliance gaps, Regulatory risks, Action plans

g)Training & Awareness

• Conduct compliance training programs for employees
• Promote a strong compliance culture across the organization
• Ensure awareness of regulatory obligations among business teams

h)Advisory Role

• • Advise business units on Regulatory implications of new products/services, Cross-border transactions and structuring
  • Provide pre-clearance and compliance approvals where required

i)Incident Management & Whistleblower Mechanism

• • Handle Compliance breaches, Regulatory incidents
  • Oversee whistleblower framework, Ensure proper investigation and reporting

j)Inspection & Audit Handling

• Act as the single point of contact for:
  • IFSCA inspections, Internal and external audits
• Ensure closure of audit observations within timelines.

Qualifications:

• Chartered Accountant / Company Secretary / Law Graduate / MBA (Finance)
• Relevant certifications (preferred):
  • CAMS / AML certifications
  • Compliance or risk certifications

Knowledge:

·Strong domain knowledge of regulatory / compliance framework applicable for Gift City business, product filing / launches, operations of securities markets, alternative financial products, AIF structures etc.

Minimum 12-15 years’ experience in compliance, risk or regulatory roles or with CA / law firms in their Gift City / AIF advisory division.