242 Chief Risk Officer jobs in Mumbai

Position

Chief Risk Officer

Role

Ø Establishing an organisation wide risk conscious culture. Formulate and implement structured reporting process for risk monitoring

Ø Responsible for overall risk management related activities of the AMC and Mutual Fund Schemes

Ø Responsible for implementation and governance of RMF across the AMC and the Mutual Fund Schemes

Job Description

Ø Ensure all risk-related policies are defined, reviewed, and updated periodically and placed at the relevant risk management committee for approval.

Ø Perform periodic review and update the ERMF defined by the AMC and place the same to the RMCs for the approval.

Ø Formulate and recommend changes to roles and responsibilities including KRAs relating to risk management activities and place these at the RMCs for approval.

Ø Periodically review the DoP covering daily risk management, risk reporting and corrective actions at the level of Fund manager, CIO and CEO

Ø Review and suggest changes to the risk appetite and risk metrics for the AMC and scheme as defined by the CEO

Ø Ensure formulation and implementation of adequate mechanism for risk parameters at credit and fraud risk strategies and reporting framework on the same

Ø Review and report the ERMC and Board Risk Committee of AMC and Trustee

Ø Independently assess reporting of risks to various committees and the management

Ø Report outcomes of the risk management function to the CEO at least once a month.

Ø Define process to assess the control against identified risk(RCSA, Stress Testing)

Ø Identify, assess and estimate emerging risks and their possible impact on the AMC and mutual fund schemes

Ø Report existing and emerging risks associated with the MF and the AMC activities in a structured manner to the Risk Management Committee of Board of AMC and Trustee

Job Type: Full-time

Pay: ₹1,910, ₹4,019,121.34 per year

Experience:

• nine: 9 years (Preferred)

Work Location: In person

Chief Risk Officer APAC Region and Head of Compliance APAC & Global Delivery (Senior Vice President)

Role Summary:

The Asia Pacific (APAC) Regional Chief Risk Officer and Head of Compliance for APAC & Global Delivery Compliance (CRCO) is responsible for leading and overseeing the Enterprise Risk and Corporate Compliance for the APAC region and Global Delivery Compliance functions globally.

CRCO Risk responsibilities include implementing and executing the enterprise risk management framework and compliance risk management program within APAC. The role is accountable for ensuring effective identification, measurement, control and management of the relevant risks facing State Street within the APAC region and improving the overall risk posture. Additionally, the role is responsible for ensuring the respective risk programs mitigate applicable risks, and comply with corporate and local requirements, whilst working collaboratively with ERM Risk and Compliance peers and other corporate functions such as the Legal Department, Corporate Audit as well as regulatory authorities.

CRCO compliance responsibilities include overseeing activities related to ensuring firmwide compliance with regulatory obligations regarding financial risk (credit risk, interest rate risk, liquidity risk, trading risk) and non-financial risk (compliance risk, model risk, operational risk, technology risk, resiliency, data and third party) for APAC and globally for Global Delivery, including responsibility for conducting compliance assurance activities of applicable law, rules, regulatory guidance, and internal policy requirements. As a leader within the second line of defense, the CRCO will work with a global team, cross functionally, to support efforts to monitor and keep pace with regulatory obligations, develop risk frameworks, policies, standards, and procedures in alignment with applicable regulatory obligations and the firm’s enterprise Compliance Risk Management Program. 

The CRCO is a member of the Enterprise Risk Management and Compliance leadership teams. This position reports into State Street's Global Chief Risk Officer and Global Chief Compliance Officer. Regionally, the role reports to APAC Regional Head.

Other Key Responsibilities Include:

Qualifications:

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Discover more at StateStreet.com/careers

Role & responsibilities

• Establishment compliance and Vendor Compliance monitoring and Dashboard
• Establishment and Vendors Compliance Audit and Progress Report
• Handling of Routine Queries
• Crosschecking of Government dues of ESIC and EPF
• Making Tracker of routine compliance
• Coordination with unit Compliance SPOC and consolidate the Self Audit Checklist, COC / WB and POSH Reports.
• Vendor Bill checking and Payment clearance
• Preparation of MISC file and ERP handling
• Submission of Periodic Return and keep track for units
• CATS handling and query management
• Handling new module of CATS and coordination with vendor/unit/OSVEs
• Monthly / Quarterly training & awareness sessions on HR Statuary compliance.
• Attending all legal notices / Government liasioning / all inspections & Notifications.
• Audit of Establishment compliance/vendor compliance/CATS

Preferred candidate profile

Min 4 years of experience of HR statuary compliance and Labour laws

This role is for one of Weekday's clients

Salary range: Rs Rs ie INR 18-22 LPA)

Min Experience: 5 years

Location: Mumbai

JobType: full-time

We are seeking a Company Secretary (5-10 years of experience) as our Compliance officer for SEBI registered entities who is looking forward to an extremely intense and challenging role in our hedge fund-styled investing platform. An ideal candidate would be someone who has held position in a similar profile in the asset management / financial services space.

Candidates with specific experience in the AIF/PMS/Mutual Fund space will be highly preferred.

Roles & responsibilities:

a. Lead the entire compliance function end-to-end for all SEBI registered licenses

i. Establish and implement all the compliance policies that are applicable to all SEBI registered and regulated investment licences – AIF, PMS, RIA. Regularly review and upgrade the policies as required by regulation.

ii. Build and implement processes and systems to ensure smooth functioning w.r.t compliance function

iii. Review and ensure timely and accurate submissions of various regulatory filings are on time and accurate.

iv. Facilitate establishing an audit and compliance testing program.

b. Stakeholder management

i. Monitor regulatory changes, assess impact on business, provide comments on consultative papers and act as a Nodal point of contact between the Company and SEBI and to be a participant to the consultations or other regular discussions.

ii. Ensuring the timely response/ interactions thereof to the SEBI onsite and offsite inspections and be the central coordinator for any regulatory exercises.

iii. Lead and facilitate interactions with the Board, Audit Committee, and other committees. Apprise all with the status of compliance with respect to the regulatory requirements and assist them to make an informed judgment on whether the SEBI registered entity/funds are managing its compliance risk effectively.

iv. Work in a team of 5-6 members and lead 1-2 staff

c. Value addition

i. Get deeply involved with the Product team in creation of financial strategies/products right at the inception and provide understanding of applicable regulations

ii. Lead the exercise for prospective licenses like Mutual Fund etc

iii. Interpret regulations and seek clarifications from Regulator and from the market, as required.

iv. Assess changing regulations and proactively highlight potential risk areas and implement solutions accordingly.

d. Recommend and institutionalize best governance policies and practices. DNA:

a. We expect you to have higher energy, higher intellectual capability and a desire to handle bigger responsibilities than an average professional of your age/experience will generally do.

b. We expect you to take a lot of initiative to do on-the-job learning about different financial instruments and products.

c. We expect you to create a positive environment for your team and help your team members grow professionally as well.

About the job:

Exciting opportunity to join a top performing private equity firm as a Compliance Officer.

The Compliance Officer will play a critical role in ensuring that our firm and its funds adhere to all relevant laws, regulations, and internal policies.

The ideal candidate will have a strong understanding of regulatory environment and a commitment to upholding the highest standards of integrity and ethical conduct.

The ideal candidate should be an undergraduate from a Tier 1 college and have additional qualifications of being a CS LLB.

The ideal candidate should have 7-10 years of work experience in the compliance role preferably at an AIF MF PMS.

The ideal candidate should be a self-driven individual with a positive personality and be able to work well in a cross-functional team.

Broad Scope of Work

Ensure complete compliance with all constituent documents of the Funds and regulatory requirements

PPM Audit and other Audits: Liaising with the auditor sharing requested information with the auditor, ensuring information accuracy, document formatting and timely completion

Preparing reviewing receiving management clearance completing accurate regulatory filings in a timely manner and sourcing back up documents: FATCA CRS, FLA, Transaction related filing and reporting (pre and post), Form InVi, SEBI quarterly report, SEBI annual Compliance Test Report, PPM Audit reporting

Ensuring timely investor internal reporting and communication: scheduled and immediate

Assisting in timely completion of transaction related conditions precedent conditions subsequent on an as required basis

Updating the team and ensuring SEBI compliances as per regulations and circulars (including new updates), internal policy compliances, compliance with Fund Documents, new investor clearances - implementation, preparing reports, monitoring, reporting and taking requisite action

Ensuring timely World Check screening of investors, portfolio companies, UBOs, service providers and others as applicable and report escalate take action as required

Reviewing all applicable regulatory portals such as SCORES, ODR etc. at frequent intervals and report escalate take action as required

Reviewing applicable policies and updating them periodically

Reviewing updating applicable NDAs, Agreements and Engagement Letters

Respond to contributor queries, emails and other requests sent to the Fund

Respond to queries, emails and other requests notices from Government and regulatory bodies, file responses rectifications and ensure complete satisfactory closure

Execute pledge process prepare other process notes forms required by distributors contributors others

Ensure timely communication to Trustee contributors on Fund matters reporting as required

Leading providing support for new legal compliance related initiatives as and when needed

Providing support to the team as and when needed across activities.

Company Overview:

Octanom Tech Private Limited is a leading Invest Tech firm that operates , India's first 'Hedged-Style' trading and investing platform. We are focused on minimizing losses rather than maximizing profits, utilizing advanced AI technology to efficiently manage risk across financial instruments. As a SEBI- registered Research Analyst (RA) firm, we uphold stringent compliance and regulatory standards.

Job Title: Compliance Manager

Location: C-309 Kanakia Zillion, Lal Bahadur Shastri Marg, Rupa Nagar, Kapadia Nagar, Mumbai.

Job Summary:

We are seeking an experienced Compliance Manager to oversee our compliance framework, ensuring that all operations adhere to legal regulations and internal policies. This role requires a proactive approach to coordinating with regulatory bodies, managing compliance documentation, and maintaining an up-to-date understanding of the regulatory landscape affecting our business.

Key Responsibilities:

· Coordinate with our Company Secretary firm to ensure full compliance with audit requirements for SEBI-registered RA firms.

· Monitor and manage activities related to SCORES 2.0 (SEBI's portal for lodging complaints), maintaining a daily log of complaints and ensuring effective resolution.

· Keep accurate and current records of all daily published trading and investing strategies, including Options Structures and Simply-Hedged Funds.

· Develop and enforce robust compliance programs and policies that mitigate legal and regulatory risks.

· Educate and train staff on compliance requirements and foster a culture of compliance throughout the organization.

· Stay informed about changes in regulations that may affect the firm and adapt compliance strategies accordingly.

· Prepare detailed compliance reports for senior management, outlining issues, solutions, and progress.

Qualifications:

· Bachelor's degree in Law, Finance, Business Administration, or a related field. Master's degree or professional compliance certifications (e.g., CCO, CRCM) preferred.

· A minimum of 5 years of experience as a Compliance Manager in the financial services industry, with a strong preference for candidates familiar with SEBI regulations and compliance management for RA firms.

· Comprehensive knowledge of the regulatory framework governing financial services and research analysis.

· Exceptional analytical, organizational, and communication skills.

· Proven ability to manage multiple tasks and projects effectively under tight deadlines.

· Demonstrated integrity and professionalism.

Work Schedule:

· Working days: Monday to Saturday

· Work from Home: Saturdays

What We Offer:

· A critical role in a pioneering financial technology company.

· A chance to lead and shape the compliance strategy in a dynamic regulatory environment.

· Competitive salary and benefits package.

Job Types: Full-time, Permanent

Pay: ₹30, ₹70,000.00 per month

Benefits:

• Provident Fund

Work Location: In person

This mid-level position is apt for an agile, resourseful & hands on manager who would ensure regulatory & tax compliances including MCA, Taxation, PT, PF, ESIC et al. Coordination with Statutory & stock auditors is essential.

As our business model is that pf Govt Infra (EPC) contractors, Complying with tender contract stipulations would be required.

Opportunity to work with a leading stock broking firm in Mumbai, Andheri East.

Experience Required:

● 5+ years of experience as a Compliance Officer in a stock broking firm or financial services company. (Mandatory to have experience in Stock Broking business)

● Proven track record of managing regulatory compliance and dealing with SEBI inspections.

● Hands-on experience in developing compliance frameworks and policies.

Key Responsibilities:

1. Regulatory Compliance:

● Ensure full compliance with SEBI regulations, stock exchange rules, and other applicable laws governing the stock broking business.

● Regularly monitor and review changes in SEBI guidelines and circulars, and implement necessary updates in processes and policies.

1. Internal Audits and Inspections:

● Conduct periodic compliance audits of all business processes, systems, and client dealings.

● Prepare for SEBI, stock exchange, and internal/external audits by ensuring documentation and processes are audit-ready.

● Address audit findings and ensure timely resolution of compliance gaps.

1. Reporting and Filings:

● Prepare and submit regulatory filings, including returns, disclosures, and reports, to SEBI, exchanges (NSE/BSE), and other regulatory bodies.

● Ensure accuracy and timeliness in reporting requirements, including quarterly compliance reports and investor grievance redressal data.

1. Policy Development and Implementation:

● Develop, review, and update compliance policies, manuals, and operating procedures in line with SEBI regulations.

● Implement and oversee anti-money laundering (AML) policies, KYC norms, and risk management systems.

1. Grievance Redressal:

● Act as the point of contact for client complaints and ensure timely resolution as per regulatory guidelines.

● Maintain records of complaints and oversee effective communication with clients and regulators during the resolution process.

1. Training and Awareness:

● Conduct training sessions for employees on SEBI laws, insider trading regulations, and compliance best practices.

● Build awareness about regulatory changes and compliance expectations across departments.

1. Surveillance and Monitoring:

● Monitor employee trades, brokerage activities, and potential conflicts of interest to ensure ethical conduct.

● Use surveillance tools to identify unusual trading patterns and ensure compliance with insider trading regulations.

1. Coordination with Regulators:

● Liaise with SEBI, NSE, BSE, and other regulatory bodies for inspections, clarifications, and regulatory updates.

● Respond promptly to regulatory inquiries and notices while maintaining a professional rapport with regulators.

Key Skills & Competencies:

● Technical Knowledge:

○ Strong understanding of SEBI laws, insider trading regulations, AML guidelines, and stock exchange rules.

○ Familiarity with KYC norms, investor protection frameworks, and compliance management tools.

○ Experience in handling SEBI inspections and regulatory audits.

● Soft Skills:

○ Strong analytical and problem-solving skills.

○ Excellent communication and interpersonal skills to interact with regulators, clients, and internal teams.

○ High attention to detail and ability to work under strict deadlines.

Educational Qualifications:

●Essential: Bachelor's degree in Commerce, Law, Finance, or related fields.

●Preferred: MBA (Finance), CA, or LLB with certifications in compliance or SEBI regulations.

Job Type: Full-time

Pay: ₹1,000, ₹1,200,000.00 per year

Application Question(s):

• Do you have experience in managing regulatory compliance and dealing with SEBI inspections?

Experience:

• Compliance of Stock Broking Business: 4 years (Required)

Work Location: In person