Job Title: Principal Officer - Broker Dealer Location: GIFT City, Gandhinagar/Ahmedabad, Gujarat, India Job Type: Full-time, On-site About Us Betafront Securities (IFSC) Private Limited (Belong) is a technology-first, well-capitalized fintech company building a one stop platform for NRIs to save and invest in India’s growth story. As a registered Broker Dealer under the IFSCA Capital Market Intermediaries Regulations, 2025, we operate out of GIFT City, enabling seamless access to India's capital markets. We are seeking a Principal Officer (PO) to lead and supervise all regulatory, operational, and compliance aspects of our broking business, with a focus on ensuring day-to-day readiness, exchange compliance, and business scalability. Position Overview The Principal Officer will serve as the designated regulatory officer under IFSCA regulations for our broker-dealer license. This role is critical to ensure that all business and operational activities are compliant with IFSCA & NSE IX guidelines. The ideal candidate brings hands-on experience in retail broking, exchange reporting, and back-office operations along with strategic leadership. Key Responsibilities 1. Exchange & Regulatory Reporting Act as the regulatory point-of-contact with exchanges, clearing corporations, and custodians. Ensure timely and accurate reporting to NSE IX and IFSCA as per all prescribed formats (e.g., trade logs, client activity, UCC validations, etc.). Oversee handling of audit queries and routine inspection responses from exchanges or regulators. 2. Broker Operations Management Run and improve daily broking workflows: client onboarding, order management, trade execution, margin monitoring, auto square-offs, reconciliations, and settlements. Coordinate with back-office vendors, tech platforms, and clearing members to ensure timely reconciliation and settlements. Maintain updated SOPs for customer onboarding, trade lifecycle, compliance reporting. 3. Risk, BCP & Cybersecurity Oversight Ensure robust risk management frameworks around client exposures, capital adequacy, and liquidity buffers. Oversee development and testing of business continuity plans (BCP) and cybersecurity policies, as mandated. 4. Grievance & Client Communication Oversight Ensure timely redressal of client grievances, reporting of complaints, and root cause analysis. Maintain a transparent and well-documented grievance handling process in accordance with IFSCA expectations. 5. Strategic Execution & Leadership Drive operational readiness for new product rollouts. Represent Betafront in industry forums, regulatory interactions, and product discussions. Align broking operations with the company’s business strategy, working cross-functionally with legal, compliance, technology, and product teams. Experience Requirements Minimum 3 years of hands-on experience in a SEBI or IFSCA-registered broking entity , with clear exposure to operations, exchange compliance, and client servicing. Prior experience in retail broking is highly preferred Deep understanding of end-to-end brokerage workflows including client onboarding, order execution, margin monitoring, settlements, and reconciliations. Familiarity with stock exchange processes (e.g., NSE/NSE IX), clearing corporation coordination, and regulatory reporting obligations. Must have worked in roles involving audit preparation, regulatory inspections, and SOP or compliance policy implementation. Education Requirements Postgraduate degree or diploma (min. 1-year duration) in finance, commerce, law, economics, capital markets, banking, accountancy, insurance, or actuarial science OR recognized professional certifications such as CFA / FRM / CA / CS / CMA or equivalent foreign designations OR undergraduate degree with 10+ years of financial services experience Skills & Competencies Strong understanding of IFSCA broker-dealer regulations, SEBI regulations, and FEMA applicability. Excellent documentation and reporting discipline (SOPs, audit logs, inspection notes). Strong stakeholder management and communication—able to interact with regulators, auditors, and clients. Demonstrated integrity, operational maturity, and attention to detail. What We Offer Competitive salary aligned with industry standards. Attractive ESOPs for long-term value creation. A leadership role within a cutting-edge fintech at GIFT City. Opportunities for professional growth in India’s evolving capital markets ecosystem. Show more Show less