Designation: Senior Manager

Location: India Maharashtra BSLAMC, One India Bulls Cente

Organization: Financial Services Job Purpose : This role is responsible for

Reviewing and filing all documents w.r.t. Schemes/proposals with SEBI. Handling and ensuring compliance under SEBI (AIF) Regulations including product launches. Handling Prevention of Monet Laundering Act (PMLA) related compliances. Approving marketing materials including investor education materials and handling Internal/statutory audit requirements.

Job Context & Major Challenges : Organisation Context

Aditya Birla Sun Life AMC Limited (ABSLAMC), is a public limited company incorporated under the Companies Act, 1956 on September 05, 1994. ABSLAMC has been appointed as the Investment Manager of Aditya Birla Sun Life Mutual Fund by the Trustee vide Investment Management Agreement dated December 16, 1994, executed between Aditya Birla Sun Life Trustee Private Limited & Aditya Birla Sun Life AMC Limited. The employees strength of ABSLAMC is approx. 1077 employees as on June 2020.

Aditya Birla Sun Life Mutual Fund (ABSLMF), is co-sponsored by Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.

ABSLMF is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). ABSLMF has an impressive mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes, sound investment performance.

With a pan India presence across 310 locations, ABSLMF is committed to deepening mutual fund penetration in the country. The company is ceaselessly working to enhance the appeal of mutual funds across a wider set of investors and advisors across India. Part of this effort includes introducing smart solutions,



user-friendly services and conveniences which simplify mutual fund processes with digitization for both investors as well as distribution partners. ABSLMF provides sector specific equity schemes, fund of fund schemes, hybrid and monthly income funds, debt and treasury products and offshore funds.

Key Challenges for the role are as follows: Necessity for faster understanding of AIF products:

- AIF being a very nascent market and schemes are complex in nature, clauses in PPM have to be very detailed and accurate. Confirmations on certain legal clauses from stakeholders requires detailed study and practical implementation at their end which may extend the time span for regulatory clearances Analysing the Suspicious Transaction data as required under PMLA guidelines and reporting of transactions with Financial Intelligence Unit (FIU):

- ABSL AMC being the 4th largest fund house in India there is huge investor database which requires a very detailed study every month. Getting the data on time from Registrar is at times challenging which delays the conducting of the STR Committee Meeting where the ascertaining of suspicious transaction is deliberated upon. Obtaining timely clearance of Schemes/proposals filed with SEBI:

- Post filing of Schemes,



regulator may raise certain observations as per their internal policies that requires deeper understanding of investment strategies with the Fund Managers and the Product Team which can at times be challenging

Key Result Areas : KRA (Accountabilities) (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

- KRA1
- Alternative Investment Funds
- To prepare, review and file PPMs/CAs and Trust Deeds for the launch of all Funds under AIF. To upload monthly/quarterly reports on SEBI To prepare, review and submit CTRs of schemes to the board and SEBI (if needed) Timely updation of PPMs Vetting investor communications/reports sent to investors To coordinate for winding up of Funds launched under AIF Addressing all ad-hoc data and audit requirements Updating and reviewing policies and manuals Tracking and analyzing AIF related circulars
- KRA2
- Compliance as per PMLA
- Ensure data from CAMS is received on monthly basis on any flags like frequent redemptions in a short period of time Undertake internal review of the data received as per parameters defined by AMFI Upload STR on Financial Intelligence Unit portal within 7 days for any suspicious data Assist in conducting STR meeting Preparing Agenda and Minutes for STR committee meeting and ensuring that they are circulated within time Updating PMLA policy Tracking and analyzing PMLA related circulars
- KRA3
- Product Compliance
- Reviewing product proposal received from Products team and providing feedback on structuring of Product. Reviewing Scheme Information Documents (SIDs), filing it with SEBI for clearance and proactively addressing clarifications raised by SEBI about all products filed. Reviewing all 50 SIDs/KIMs and ensuring that annual updation of all schemes is undertaken within timelines. Liaising with internal product team and investment team for any product specific queries from SEBI. In exceptional si

📌 Team Member - Product Compliance (Maharashtra)
🏢 Aditya Birla Group
📍 Maharashtra