Team Member - Legal

Job Purpose

This role is responsible for ensuring that all products and marketing literature/ collaterals of BSLAMC are compliant as per SEBI, AMFI and applicable regulatory norms. The role is also responsible for ensuring that the organization is updated on any announcements pertaining to regulatory changes so as to mitigate any risk that may arise out of non-compliance with respect to product stipulations laid out by regulators.

Job Context & Major Challenges

BSLAMC offers investors a range of comprehensive investment options, which includes diversified and sector specific equity schemes, hybrid funds and a wide range of debt and treasury products. Its offerings also include Portfolio advisory services for High Net worth individuals as well as offshore funds for Non Resident Indians. There are approx. 176 schemes managed by the organisation as on Dec 2015. The Company follows a long – term, fundamental research based approach to investment and thrives to provide a transparent and ethical services to its investors.

One of the key challenges for BSLAMC has been to maintain a balance between moving with dynamic and constantly changing regulatory norms of the country and maintaining growth and profitability in the extremely competitive market. And some of key strengths of the organization that have helped it to sustain and grow are:
a) Focus on Technology – The organization has been in the forefront in implementing technological innovation to foster innovation and also to improve efficiency for its stakeholders, whether it is employees, clients or distributors
b) Product Innovation – BSLAMC has been known to be a pioneer in terms of products and has a history of launching innovative, category defining products like Birla Cash plus, etc.

Key Result Areas