Manager - Merchant Banking & Compliance

About the role

A mid-level resource is sought to join the Merchant Banking division in Mumbai, bridging high-level transaction execution with rigorous regulatory oversight. The role ensures that deal milestones advance while every step complies with SEBI and Exchange frameworks.

Key responsibilities

• Lead day-to-day execution of equity capital market mandates (IPOs, rights issues, private placements), including drafting offer documents, coordinating with legal counsel and ensuring timely regulatory filings.
• Act as the primary gatekeeper for compliance, monitoring activities against SEBI (ICDR), SEBI (SAST) and SEBI (PIT) regulations.
• Serve as the point of contact for SEBI and Stock Exchange queries and submit periodic reports, due diligence certificates and post-issue monitoring reports.
• Carry out KYC and AML checks on prospective issuers and promoters.
• Oversee internal compliance audits of the Merchant Banking unit and update internal manuals to reflect regulatory changes.
• Record chargeable time, manage pricing, invoicing and collection of outstanding fees, and track weekly productivity and chargeability against targets.
• Act as director, trustee, nominee, manager, partner, secretary or authorized signatory in internal or client entities of the group when required.

Required profile

• CA, MBA (Finance) or CFA; a Company Secretary (CS) qualification is a significant advantage.
• Minimum 5 years of core experience as a Category 1 Merchant Banker.
• Proven experience in both transaction execution and regulatory compliance or secretarial functions.
• Track record of successful, timely offer document filings with zero regulatory observations and a clean compliance record.
• Fluent English; additional languages preferred.

Required skills

• Understanding of the SEBI manual and the Companies Act, 2013.
• Experience preparing and reviewing Draft Red Herring Prospectuses (DRHP).
• Ability to interpret complex regulatory circulars and turn them into business processes.
• Strong communication, negotiation and client-facing skills, and strong analytical and problem-solving abilities.