Senior Associate/ AVP, India Compliance

Job Description

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

• Oversee and administer the Compliance Program for Ares Investment Office in Mumbai, ensuring adherence to all applicable regulatory requirements, firm standards, and internal governance expectations. This includes supporting Code of Ethics-related matters, delivering compliance training, and conducting ongoing monitoring and surveillance activities.
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• Provide proactive compliance advice and guidance on applicable global and local laws, regulations, policies, and procedures. Monitor and assess regulatory developments, emerging compliance risks, and industry trends, and lead the implementation of new regulatory requirements, internal policy initiatives, and enhancements to governance, risk management, and cybersecurity frameworks.
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• Develop, implement, maintain, and enforce compliance policies, procedures, and controls for India operations, including ensuring compliance with SEBI Alternative Investment Fund (AIF) Regulations, SEBI Foreign Portfolio Investor (FPI) Regulations, RBI requirements, and other applicable regulatory obligations. Provide practical compliance advice to the business on FPI-related matters, including beneficial ownership (UBO) declarations, KYC and onboarding requirements, end-use of investment proceeds, investment and concentration limits, eligible instruments, reporting obligations, and other regulatory requirements applicable to investments in India, while ensuring alignment with firm standards and industry best practices.
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• Lead and coordinate comprehensive investment compliance reviews for India credit transactions, including assessments relating to reputational due diligence, anti-bribery and corruption (FCPA), AML/KYC requirements, sanctions screening, conflicts of interest, and other applicable regulatory and firm requirements.
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• Serve as the primary compliance liaison with regulators and auditors, coordinating regulatory communications, examinations, inspections, audits, and inquiries, and ensuring timely and effective resolution of regulatory matters.
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• Partner closely with investment, legal, operations, risk, and other business teams to provide practical compliance advice throughout the investment lifecycle, including the structuring and execution of India debt investments through FPIs, identifying regulatory risks, advising on SEBI and RBI requirements, and implementing appropriate controls and risk mitigation measures to support ongoing regulatory compliance.
  
  

LOCATION
This role is to be based in Mumbai BKC.

QUALIFICATIONS
Education:
• Bachelor’s Degree required (minimum 2 years in duration). Professional qualifications such as LLB, CA, CS, CFA, or equivalent preferred

Experience Required:
• At least 7-13 years of experience working in a compliance role in a regulated financial institution, preferably with experience in asset management products.
• Solid understanding of Indian financial industry practices.
• Proven experience in establishing and maintaining a strong and effective relationship and communication with regulatory bodies like SEBI/ RBI or other Indian regulators and within investment associations.
• Experience in the filing of various regulatory reports.

General Requirements:
• Self-motivated, highly detail oriented, display good judgment and logical decision making apart from highly developed technical skills.
• Excellent communication and organizational skills, strong motivational drive and proactive in delivering to the needs of the business.
• High degree of fluency in English, with the ability to interpret regulations in English and regular communication with people from all teams.
• Proactive management approach, including effective upward management
• Strong interpersonal skills and excellent team orientation
• Have strong sense of ownership spirit, and able to work independently.
• Possess multi-tasking skills and ability to work well under pressure and in a fast-paced environment.
• Basic understanding in the financial statements of financial instruments business operators

Reporting to: Head of India Compliance

Reporting Relationships

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.