October 16, 2024

Millennium Management

Compliance Associate

Compliance Associate
Overview
Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $69.5 billion in assets. Defined by evolution, innovation and focus, Millennium's mission is to deliver high-quality returns for our investors. Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.

Principal Responsibilities

Support the maintenance and continuous enhancement of a comprehensive compliance program covering Millennium’s existing onshore business/operations in India, including a high growth center of excellence in Bangalore, leveraging Millennium’s global compliance program.
Research and analyze all relevant compliance issues, risks, and developments, and provide recommendations to mitigate such issues/risks and prepare for such developments by drafting, amending, designing and implementing appropriate policies, procedures and controls.
Undertake monitoring and surveillance in relation to such policies, procedures and controls.
Conduct internal reviews on and, as appropriate, develop, enhance and maintain such policies, procedures and controls.
Design, manage and coordinate local compliance training program, including preparing and updating materials for induction, periodic and ad hoc training sessions.
Conduct internal investigations/risk assessments into a variety of compliance related matters, including without limitation employee conduct, and guide/advise on internal conduct related processes in conjunction with other stakeholders.
Implement quality control and testing procedures as appropriate.
Prepare for and respond to regulatory inquiries, inspections and surveys as relevant/appropriate.
Closely collaborate and communicate with Asia compliance and global compliance teams.
Prepare reports and maintain accurate records of compliance activities, including compliance manuals, and any regulatory communications.
Assist country, regional and global compliance teams on any ad hoc tasks and projects as may be assigned from time to time.
Help in setting and fostering a robust governance and compliance culture, ethical practices and ensuring all employees understand and follow regulatory obligations.

Qualifications/Skills Required

6-8 years’ experience at a financial institution or similar organization working on compliance matters.
Experience implementing and maintaining compliance programs, including drafting, amending, designing and implementing appropriate policies, procedures, training and controls.
Experience conducting internal investigations and guiding/advising on internal conduct related processes.
Knowledge of SEBI rules and regulations and experience responding to inquiries from and managing investigations by SEBI and other local regulators.
Ability to work with various departments in Millennium and build smooth working relationships.
Able to prioritize in a fast moving, high pressure, constantly changing environment.
Strong analytical and problem-solving skills.
Growth mindset.
Detail oriented.
Strong communication skills; and Chartered Accountant, Company Secretary, bachelor’s degree in finance, Economics, Law or similar field (preferred).