VP - Head Operations Gift City

Business Descriptor

Purpose of the Job

Work Location

• The role is based in GIFT City, with the possibility that the selected candidate may initially be based in Mumbai for a few weeks.
• Appointment may be subject to required filing and confirmation from IFSCA regarding candidate eligibility.

Regulatory Compliance and Governance

• Ensure FME activities comply with IFSCA Fund Management Regulations and applicable circulars and guidelines.
• Ensure timely submission of reports, returns, statements, and particulars required by IFSCA.
• Oversee risk management systems and adequate internal controls.
• Drive governance standards, policy adherence, and a well-controlled operating environment.

Regulatory Liaison

• Coordinate regulatory filings, submissions, and responses to IFSCA queries and observations.
• Support inspections through cooperation, timely information production, and access to records.
• Coordinate with external auditors and service providers to support audits and regulatory readiness.

Risk, AML, KYC, and Controls

• Oversee risk assessment, mitigation frameworks, operational risk controls, and internal control testing and enhancement.
• Coordinate with the AMIN Chief Compliance Officer on regular reviews of risk and controls.
• Ensure applicable AML/CFT compliance, including sanctions and AML alert adjudication and escalation.
• Perform investor or client onboarding and ensure related processes operate effectively.

IFSC Operations Management

• Manage day-to-day IFSC unit operations supporting AIF launches, onboarding, operations, and reporting.
• Support licensing, renewals, product or scheme approvals, filings, and operational readiness for new launches.
• Coordinate with Finance, HR, Technology, and other teams for smooth IFSC operations and SOP implementation.
• Liaise with the fund administrator, RTA, and trustees to support daily fund operations.
• Ensure efficient and error-free operations for funds launched in GIFT City.

Investor Protection

• Address investor complaints and ensure immediate redressal.

Key Skills

• Risk management and internal controls.
• Governance and policy development.
• Liaison and stakeholder engagement.
• Analytical and decision-making skills.

Formal Qualifications and Experience

• Hold a professional qualification, postgraduate degree, or postgraduate diploma of at least one year in finance, accountancy, business management, or commerce, or hold CFA or CA qualification.
• Have 3–10 years of experience in operations within financial services.