Compliance Analyst/Compliance Associate

“Airavat”

The firm has a few firsts to its name – it runs India’s first global technology fund focused on public equities; and Airavat was also in the first cohort of funds to migrate a Foreign Portfolio Investor (“FPI”) licensed vehicle from Mauritius to GIFT IFSC in 2023. Investors in Airavat’s funds include leading family offices in India and Southeast Asia.

Compliance Analyst/Compliance Associate

Job Responsibilities

·      Onboarding of new fund investors, completing (and ensuring ongoing compliance of) their KYC / FATCA / CRS status, and managing the preparation and execution of fund documents in coordination with the Registrar & Transfer Agent (“RTA”). Assist the broader team in responding to periodic investor queries in a professional manner.

·      Develop a working understanding of the various applicable fund regulations (IFSCA Fund Management Regulations, SEBI FPI Regulations, RBI FEMA Regulations, PMLA KYC / FATCA / CRS Regulations etc.); assist in building a robust framework and process to operationalize the same (including appropriate record-keeping); and ensure continued / ongoing compliance with these regulations (including monitoring changes in regulations and proactively incorporating changes).

·      Prepare the periodic (quarterly, annual etc.) regulatory filings with attention to detail; including handling bespoke data requests from the regulator from time to time.

·      Collaborate with the broader internal team to deliver various fund operations outcomes (efficient trade execution, treasury management, KYC compliance etc.) and work on specific projects or strategic matters (e.g. fund structuring, new jurisdictions / opportunities, tracking and responding to evolving regulations etc.)

·      Track, review, and summarize relevant regulatory notifications, circulars, and amendments issued by regulators (including IFSCA, SEBI, FPI etc.), prepare internal notes for the team highlighting implications and action points, and assist in implementing required changes.

·      Assist in the drafting, review, and maintenance of internal compliance policies, standard operating procedures (SOPs), and regulatory documentation.

·      Assist in the preparation of Board and Committee documentation, including drafting of meeting agendas, explanatory notes, minutes of meetings, and coordination of regulatory and secretarial records.

Skills / Qualifications / Traits

·      Graduate (LLB) or postgraduate (LLM) in Law, or qualified Company Secretary (CS)

·      1–3 years of relevant experience in legal, regulatory, compliance, or secretarial function, preferably in financial services, investment management, capital markets, or allied areas

·      Working knowledge of legal drafting, compliance documentation, and regulatory interpretation, gained through internships, articleship, or prior roles

·      Beyond domain specific knowledge, we are on the lookout for someone who is:

-   Deeply interested in building a career in the investment management industry;

-   A keen learner who does not fear approaching new and challenging operational problems;

-   Meticulous, detail-oriented and with attention to detail on operational matters (record keeping, forms / paperwork, financial calculations, processes etc.)

-   Comfortable with MS Word and MS Excel;

·      Ability to work with a wide array of internal / external stakeholders (investment team, investors and their representatives, fund accountants, custodians, administrators, accounting / tax / legal advisors, brokers etc.) to deliver compliance and operational outcomes.