ASCENTRA CAPITAL PRIVATE LIMITED

Role Overview The Designated Directors will provide end-to-end leadership for broking operations and ensure 100% compliance with all regulatory bodies. They will act as principal signatories for audits, governance processes, and statutory filings, while supervising risk, compliance, and operational controls. This is a high-responsibility statutory role requiring deep broking industry expertise. Key Responsibilities 1. Strategic & Regulatory Leadership Serve as Designated Director as per SEBI & Exchange norms. Liaise with SEBI, NSE, BSE, MCX, CDSL/NSDL, and Clearing Corporations. Oversee statutory compliance during registration and ongoing operations. Approve policies on risk, compliance, AML/PMLA, governance, and internal controls. 2. Broking Operations Setup Lead setup of middle-office, back-office, and front-office systems. Oversee client onboarding, KYC, settlements, RMS, and operational workflows. Ensure adherence to SEBI Broker Regulations and exchange guidelines. 3. Compliance & AML Oversight Supervise compliance frameworks, inspections, audits, and regulatory reporting. Maintain oversight over KYC, AML, PMLA, and investor grievance redressal. 4. Risk Management Monitor exposure limits, margin requirements, fraud prevention, and surveillance. Ensure strong risk management systems and controls across operations. 5. Governance & Board Responsibilities Serve on the Board to provide governance oversight and approvals. Ensure adherence to the SEBI Fit & Proper” criteria. Maintain ethical standards, transparency, and regulatory integrity. Eligibility Requirements 1. Mandatory Certifications NISM Series–VII: Securities Operations & Risk Management (SORM) – mandatory. NISM Series–III-A: Securities Intermediaries Compliance – preferred for compliance oversight. 2. Experience 2–5 years of experience in stock broking / exchanges / depositories. Strong exposure to: Broking operations Regulatory compliance Risk management & surveillance Internal audits SEBI/NSE/BSE/CDSL inspections Experience as Director / Operations Head / Compliance Head is preferred. 3. SEBI “Fit & Proper” Criteria Strong integrity, ethics, and professional reputation. No convictions or regulatory actions. Financial solvency and clean professional background. 4. Exchange-Specific Conditions Must clear background checks & exchange approvals. Must qualify for: Designated Director under PMLA Principal Officer oversight Key Managerial Personnel requirements