Legal Compliance Manager

Gold is the most trusted asset across the entire world and one of the largest asset classes in India. The total traded value of gold in India exceeds $300 billion annually – nearly all of it in an unorganised, offline manner. We, at SafeGold, are building the digital infrastructure to organise the gold market using technology. SafeGold is India’s largest digital gold platform with 55 million customers and 110+ distribution partners across India, Thailand and UAE. The focus has always been on revenues and profitability growth which has been widely recognised.

#9 in 2024 ET Growth Champions (India)

#21 in 2023 FT High Growth Companies (Asia)

With revenues of more than Rs. 6000 Crs in the year ending March-24, we have been part of the Financial Times rankings of the fastest growing startups in the Asia-Pacific region since 2021 till date. SafeGold is backed by the World Gold Council and leading venture capital funds, Beenext and Pravega.

About the role

Manager – Compliance & Legal

corporate governance, regulatory compliance, international laws, and legal risk management

Key responsibilities

1. Execute all KYC, KYB and AML/CFT tasks for onboarding and ongoing monitoring of clients, suppliers and partners including CDD, EDD, and transaction monitoring; prepare related investigations and manual screening reports
2. Stay updated on UAE AML/KYC regulatory changes and ensure company policies and controls remain current
3. Maintain and regularly update statutory registers, internal compliance reports and compliance trackers. Regularly conduct monthly compliance meetings.
4. Deliver AML/CFT training programs and ensure ongoing compliance with UAE regulations, including annual Entity-Wide Risk Assessments, remote inspections, and Risk Assessments by UAE Ministry of Economy.
5. Identify and escalate suspicious transactions or activities; Assist in accurate and timely filing of Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs) on the goAML platform.
6. Draft, review, and update Standard Operating Procedures (SOPs) and company policies, including AML/CFT Policy, Supplier Due Diligence Policy, and Sanctions Screening SOPs.
7. Organize and conduct Board and Shareholder meetings, including preparation of agendas, notices, minutes, and resolutions.
8. Manage timely filings, renewals, and submissions on the DMCC portal, including trade licenses, establishment cards, insurance, and financial statements.
9. Act as a point of contact for legal matters, liaising with our internal Head of Legal and external legal counsel and monitoring trademark-related issues.
10. Conduct due diligence and KYC for entities and partners in India and our international markets; manage execution, archiving, and tracking of legal agreements.
11. Oversee regulatory reporting, document retention, and coordination for internal and external audits.

Qualifications and Experience:

1. Qualified Company Secretary (CS) or background in compliance are preferred.
2. Certifications (good to have) - CAMS or ICA will be considered an added advantage. Additionally, candidates who hold valid NISM Series-III-A (Securities Intermediaries Compliance - Non-Fund) and NISM Series-VII (Securities Operations and Risk Management) certifications will have a significant edge.
3. 4-6 years of relevant experience in compliance and/or legal functions, preferably in a bank, financial institution, regulated sector or multinational firm which involved risk assessment checks specifically related to AML CFT.
4. Familiarity with DMCC and UAE regulatory frameworks would be a bonus.
5. Prior experience in drafting SOPs, legal documentation, and managing board secretarial responsibilities.

Key Skills:

1. Strong drafting and legal documentation skills.
2. Excellent organizational and record-keeping capabilities.
3. Ability to manage cross-border compliance and legal coordination.
4. Strong interpersonal skills with the ability to conduct training and interface with regulators.
5. Attention to detail and ability to meet deadlines.
6. Most importantly, ability and willingness to learn new things quickly.

Our Hiring Process:

1. Introductory Round to understand a bit more about your experience
2. Final Interview Round