Senior Associate - Compliance
Yubi
About Us
Job Description
Yubi, formerly known as CredAvenue, is re-defining global debt markets by freeing the flow of finance between borrowers, lenders, and investors. In March 2022, we became India’s fastest fintech and most impactful startup to join the unicorn club with a Series B fundraising round of $137 million.
Yubi Markets is a one stop platform for all wealth products & partners, Yubi Markets, an organization dedicated to the cause of wealth managers & financial advisors in India.At Yubi Markets, we understand that clients expect a one-stop shop experience when it comes to financial products (NCDs, FDs, PMS, Mutual funds etc). Yubi Group through its subsidiary Aspero specializes in high-rated, short-term non-convertible debentures (NCDs) across the credit rating scale. Aspero offerings yield between 8% to 15%, providing returns that outpace traditional investments like fixed deposits and mutual funds.In the last 4 years of our existence, we have earned the trust & support of the wealth ecosystem. Our goal is to democratize access to high quality financial products to consumers in India through technology & enabling access to investors across categories.
Job title : Senior Associate - Compliance
Key Responsibilities:
- Regulatory Compliance: Stay up-to-date with changing regulatory requirements and ensure the company's compliance with relevant laws, rules, and regulations. Compliance Program Development and Implementation: Develop, implement, and maintain a comprehensive compliance program that is designed to prevent, detect, and correct compliance issues.
- Risk Assessment and Monitoring: Conduct regular risk assessments to identify potential compliance risks and develop strategies to mitigate them.
- Compliance Training and Awareness: Develop and deliver compliance training programs for employees to ensure they understand their compliance responsibilities and obligations.
- Audit and Examination Support: Collaborate with internal and external auditors to ensure compliance with regulatory requirements and identify areas for improvement.
- Policy Development and Maintenance: Develop and maintain policies and procedures that are compliant with regulatory requirements and align with the company's business objectives.
- Compliance Monitoring and Reporting: Monitor compliance with regulatory requirements and report any compliance issues or concerns to senior management and the Board of Directors.
- Collaboration with Other Departments: Work closely with other departments, including Operations, Legal, and Risk Management, to ensure compliance with regulatory requirements and company policies.
- Staying Current with Regulatory Changes: Stay up-to-date with changing regulatory requirements and ensure the company's compliance with new and emerging regulations.
Requirements:
- Education: Bachelor's degree in a relevant field, such as Finance, Law, or Business Administration.
- Experience: At least 4 to 8 years of experience in compliance, regulatory affairs, or risk management in the financial services industry, with a focus on wealth management or fintech.
- Strong Knowledge: Strong knowledge of regulatory requirements, including but not to limited companies act,SEBI regulations
- Communication Skills: Excellent communication and interpersonal skills, with the ability to effectively communicate complex compliance issues to employees and senior management.
- Analytical Skills: Strong analytical skills, with the ability to identify and mitigate compliance risks.
- Leadership Skills: Ability to lead and manage a team of compliance professionals.
- Technology Skills: Familiarity with compliance software and technology, including but not limited to compliance monitoring and reporting tools.
- Financial Product Experience: Prior experience in compliance or regulatory affairs related to Alternative Investment Funds (AIF), Mutual Funds, and/or Portfolio Management Services (PMS).