Senior Associate, IFSC Compliance Officer

Our company

Oaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management as of June 30, 2024. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, private equity, real assets, and listed equities. The firm has over 1,200 employees and offices in 23 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

  For additional information please visit our website at www.oaktreecapital.com.

Scope and responsibilities

• With support from supervisors and global team, day-to-day on the ground responsibility for compliance associated with this entity’s/regional, staff including:

  • assisting in the management of Oaktree’s Code of Ethics policies and regional supplements, related training, collection of certifications and review of reports generated;  

  • escalating potential exceptions;

  • assisting and reviewing compliance surveillance reports;

  • assisting in the issuance of violations, if warranted;

  • providing regional based guidance and monitoring conflicts related to personal account trading, outside business activity, political activity, and the provision/receipt of meal, gifts and entertainment;

  • assisting with personal transaction reporting and maintenance of PA Dealing records

  • providing compliance training on matters relating to Code of Ethics and internal policies

• Responsible for ongoing compliance and reporting obligations associated with the entity, including:

  • monitoring the compliance and operations of the International Financial Services Centres Authority (‘IFSCA’) Act, Special Economic Zone (SEZ) Act, rules and regulations, notifications, guidelines, instructions, etc., issued by the IFSCA and for redressal of investors grievances;

  • drafting and filing responses to the IFSCA, SEZ Authority and, in coordination with global team, other regulators as appropriate;

  • developing, drafting and reviewing policies and procedures designed to ensure compliance with applicable regional laws and regulations and to sit along global policies and procedures.

  • training staff on regulatory obligations and maintaining attendance records.

  • advising and reporting to local and global management on the company’s compliance with laws and regulations;

  • keeping abreast of changes in regulatory requirements in the region and addressing impact on Oaktree’s activities on the ground

• Utilizing technology for surveillance as appropriate and

• Responsible for maintenance of records in a compliant manner

• Participating in ad-hoc regional and global compliance projects

• Due to small size of the office, help with managing administrative responsibilities related to office.

Experience required

• At least 5 years’ experience in a compliance or operational role in the financial services entities

• Professional qualification or post graduate degree/ diploma (minimum 2 years in duration) in finance, law, accountancy, business management, commerce, economics, capital market, banking, insurance or actuarial science from a recognized Indian or foreign university/ institution

• Hands on knowledge of the Fund Management Entity and Fund’s operational processes, IFSCA regulations, SEBI regulations, etc.;

• Knowledge of RBI / FEMA regulations including knowledge of regulations applicable to the IFSC at GIFT City;

• Sound knowledge of taxation i.e. Indian income Tax, tax withholding, GST, etc; would be preferable.

• Proficiency in use of softwares/applications;

Personal Attributes

• Excellent interpersonal, verbal and written communication skills;

• Flexible and team-oriented with strong integrity and professionalism;

• Must be highly organized and detail oriented;

• Work effectively with a strong, diverse team of people with multiple perspectives, talents and backgrounds;

• Has ability to resolve stressful situations with internal clients and regulators;

• Exercises good business judgment and is aware of when to escalate issues;

• Strong initiative and a self-starter with the ability to work with minimal supervision

• Strong knowledge of Microsoft Excel; proficient in other Microsoft Office products including Word, Outlook and other business software.

Education

• Professional qualification or post graduate degree/ diploma (minimum 2 years in duration) in finance, law, accountancy, business management, commerce, economics, capital market, banking, insurance or actuarial science from a recognised Indian or foreign university/ institution; or

• Certification from any organization/ institution/ association/ stock exchange recognised/ accredited by a regulator in India or Foreign jurisdiction.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.