Compliance Officer – GIFT City (IFSCA Jurisdiction)

Job Description:

Compliance Officer – GIFT City (IFSCA Jurisdiction)

Location: GIFT City, Gandhinagar
Experience: 3–5 years
Preferred Certification: NISM-IFSCA-01 (AML/CFT for IFSC)
Industry: Financial Services / Insurance / Reinsurance / IFSC Entities
Reporting To: India Leadership / Regional Compliance

Role Overview

A Singapore-headquartered financial services organization is setting up its operations in GIFT City (IFSCA jurisdiction) and is looking to hire a Compliance Officer to support regulatory setup, statutory coordination, and operational compliance execution for its India entity.

This role is best suited for professionals with 3–5 years of compliance experience, including exposure to IFSCA / SEZ / FEMA / AML frameworks, who are comfortable working in a hands-on execution role during an office setup phase.

The position will support compliance across Finance, Underwriting, Operations, and Administration functions, ensuring adherence to regulatory timelines and documentation standards.

Key Responsibilities

IFSCA Regulatory Compliance Support

• Support adherence to IFSCA regulatory requirements
• Maintain statutory registers, compliance trackers, and documentation repositories
• Assist with periodic filings and regulatory submissions
• Track compliance timelines and escalation requirements
• Coordinate with regulators, consultants, and auditors
• Support license approvals, renewals, and compliance documentation

SEZ & FEMA Compliance Coordination

• Maintain SEZ compliance documentation and reporting schedules
• Support SERF-related submissions and operational filings
• Coordinate foreign remittance documentation with banking partners
• Assist with FEMA-related documentation for cross-border transactions

AML / CFT Compliance Support

• Maintain AML/CFT compliance trackers and documentation
• Support internal monitoring and reporting workflows
• Assist with FIU-related documentation (where applicable)
• Coordinate cross-department compliance reporting requirements

Insurance / Reinsurance Compliance Support (Preferred Exposure)

• Maintain compliance documentation linked to underwriting / broking activity
• Track brokerage-related compliance records
• Monitor receivables ageing trackers
• Support preparation of compliance MIS for management reporting

Audit & Regulatory Coordination

• Support statutory and regulatory audit coordination
• Maintain audit documentation repository
• Assist with regulatory inspection readiness
• Support certification and compliance documentation workflows

Compliance-Linked Finance & Admin Coordination

• Support GST documentation coordination (if applicable)
• Maintain reconciliation trackers linked to compliance requirements
• Maintain licenses, approvals, agreements, and statutory registers
• Coordinate with vendors, consultants, and service providers during setup phase

Candidate Profile

Preferred Qualifications

• CA Inter / CS / LLB / MBA Finance
• Commerce Graduate with compliance experience
• NISM-IFSCA-01 Certification (preferred)

Desired Profile / Criteria / Skills :

Required Experience

Candidates should have exposure to at least 2–3 of the following areas:

✔ IFSCA / GIFT City compliance
✔ SEZ compliance filings
✔ FEMA documentation
✔ AML / CFT monitoring frameworks
✔ Financial services compliance reporting
✔ Insurance / reinsurance compliance exposure (preferred)