Senior Associate - Mumbai, India - Raise Financial Services

Description

Role Summary:

Raise is built on this core philosophy - we will bring exceptionally great products, awesome user experience and best in class customer service to our users.

As a Compliance official, you will need to manage everything right from drafting, developing, following and implementing company policies, creating metrics to help compliance and performing compliance audits.

To succeed in this role, you ought to be a reliable professional who is not afraid to speak their mind and stand by their decisions. You need to be familiar with risk management and our industry standards. Your goal will be to ensure we operate in a legal and ethical manner while meeting our business objectives.

Attention to detail, deadline driven approach, good business acumen, high on integrity and professional ethics are some of the crucial mandates for this role. If you think you understand our business and related functionalities well, we'd like to meet you.

Expected Responsibilities:

● Stay abreast of all applicable laws, regulations and circulars issued by regulatory bodies such as NSE/BSE/MCX/CDSL/CVL KRA /SEBI and other relevant authorities

● Assisting various internal stakeholders for implementation of Exchange circulars

● Appointment, cancellation and Inspection of Authorised Persons

● Handling DP and Exchange's Internal Audits

● Handling Exchange and SEBI Inspections

● Activation/Modification/De-activation of NEAT/NON-NEAT and CTCL terminals

● Reporting of suspicious transaction to FIU

● Review PMLA policy of the company and ensure its compliance

● Reporting of Form 61-B

● Analysis of Exchange alerts and closing them with proper justifications

● Follow-ups with the Exchanges to obtain necessary approvals

● Conduct regular KYC compliance reviews and audits to assess adherence to established policies and identify potential areas of improvement

● Assist the team in compliance reporting, such as segregation of client funds, enhance supervision, bank balance, cash and cash equivalent, holding statement etc.

● To draft, develop implement and review an effective compliance policy, as and when required

Expected Skills:

-Graduation is a must. Post-Graduation will be preferred.

-3+ years of work experience with 2 to 3 years' experience of working in a similar role in broking industry or with exchange/ NSE / BSE is a must.

Proven experience as a Compliance official in broking compliance / company.

-Thorough understanding of reporting requirements to the regulatories.

-Hands on experience in advertisement approvals, CTCL Id creations, surveillance alerts, handling client complaint (IGRC), AML Alert Closures, Segregation and monitoring of collateral, enhancing reporting, Internal Audits, Regulatory Inspection.

Good working knowledge of risk management and broking industry / business.

Good written and verbal communication skills.

Professional certification, NISM Certification in Compliance would be an added advantage.

Good familiarity with industry practices and professional standards.

Deadline driven, self-motivated, attention to detail, great interpersonal skills along with strong ethics and professional conduct are a must for this role.

-Great Interpersonal and team playing skills.

-This is an Individual contributor role reporting directly to Director Compliance.

We are a start-up and focused on fast growth with quality products hence the ability to work in a fast-paced environment goes without saying

Our People & Culture

People and culture are the most important aspects of our business.

We are looking for team members just like us, in simple words - good people to work with and demonstrate following personality traits:

● Be super obsessed about ensuring customer satisfaction.

(We are here because of our customers, and will be here only if we serve our customers)

● We have a single opportunity to serve.

(Our customers will give us one opportunity to serve - we can't let them down. Be it product, uptimes, customer service or any interaction we have to deliver a wow experience.)

● Respect your work, your team, your co-workers and our customers.

(The only way to get respect is to give it first)

● Speed is all that matters. Ship right and ship faster.

(You either help the team move ahead fast, or you slow it down. We prefer the first.)

● Humility & politeness over arrogance & over-confidence.

(If you are the smartest one in the room, bring up others to speed. We are here to serve our customers, not to prove a point.)

● Quality over quantity.

(It is fine if you pick up a few things to do, but do them exceedingly well.)

● Make your hands dirty irrespective of who you are.

(Our CEO & COO respond to customers every day. Our CTO codes every day. This is us.)

● Talent and Competency over Credentials.

● Entrepreneurial, ownership driven and disciplined.

(We trust you to help us gain and retain the trust of our customers and our stakeholders)

● Less words, more action.

(Believe in something? show it by doing things. Not just by talking about it)

● Flat hierarchy with open culture & conversations.

(You are among all of us, and we all are with you)

● Passionate about the business you are a part of.

(Do it because you are passionate about it, not because it's your job.)

● Raise is an equal opportunity employer.

(We celebrate diversity and inclusion.)

About Raise Financial Services

At Raise, we are building technology-led consumer products & infrastructure services to serve Indians with Financial Services across financing, insurance, investing, payments and wealth.

We are building for the financially aware & financially literate users, largely focusing on the top 25 Mn+ tax paying residents in metros, urban cities & towns in India. Raise will offer consumer products & services that cater to these users, and will offer the same technology & infrastructure to partners in the startup ecosystem willing to take the experience to everyone in India.

We will launch a series of consumer products. Our focus is on 3 core aspects - build great products, deliver awesome experiences and provide exceptional customer services to our users.

Raise Financial Services is founded by Pravin Jadhav, ex-Founder, Managing Director & CEO of Paytm Money. Pravin was also earlier Chief Product & Growth Officer at Servify, Head of Growth at Freecharge and held other leadership roles in prominent technology led consumer startups in India. Raise Financial Services is back by Mirae Asset, one of the world's largest asset managers with over $450 Billion USD under management, and also by Founders & CEOs of leading technology startups like Flipkart, CRED, PhonePe, Zomato, Swiggy, Pine Labs, Dream11, Udaan, Freshworks, Freecharge, Jupiter, Shaadi and others.

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Raise Office Location:

Borivali (East). Mumbai.

*This is an on-site opportunity. Mumbai candidates would be preferred for this role.