Principal Officer

Role & 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 IFSCAs 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.