Compliance Executive (Stock Broker)

Key Responsibilities

2. Reporting & Filings
Prepare and submit mandatory regulatory reports such as:Monthly/Quarterly/Annual Compliance ReportsEnhanced Supervision ReportsUCC updates and client-related filingsFinancial statements and net worth reportingExchange & depository periodic submissionsCoordinate with auditors for internal, statutory, exchange, and SEBI inspections.

3. KYC & Client Onboarding
Ensure client onboarding is compliant with SEBI and exchange KYC norms.Verify client documentation, CKYC checks, IPV verification and UCC uploads.Monitor periodic KYC revalidation and FATCA/CRS compliance.

4. Risk & Surveillance
Review risk management controls related to margins, limits, and exposure.Monitor alerts generated by surveillance systems (e.g., limit breach, insider trading alerts, market manipulation flags).Escalate high-risk transactions to the compliance officer with recommendations.

5. Investor Grievance Handling
Resolve client complaints received through:Exchange SCORES systemInternal grievance mechanismDepositories grievance cellsMaintain grievance registers and ensure timely closure.

6. Audit & Inspection Coordination
Coordinate with internal auditors, statutory auditors, depository audits, system auditors, and exchange/SEBI inspectors.Ensure timely submission of responses to audit findings and compliance observations.

7. Policy & Documentation
Draft and maintain compliance policies such as:AML PolicyInsider Trading PolicyRisk Management PolicyCyber Security & IT ControlsMaintain agreements, POAs, client forms, and other statutory documents as per regulatory norms.

Key Skills & Competencies

1. Strong understanding of SEBI, NSE/BSE, NSDL/CDSL regulations.
2. Knowledge of KYC, AML, surveillance, and risk management in broking operations.
3. Good analytical skills and attention to detail.
4. Ability to interpret regulatory circulars and apply them operationally.
5. Excellent communication and documentation skills.
6. Proficiency in MS Excel, reporting tools, and compliance software.

Qualification & Experience

1. Education: Graduate in Commerce/Finance, MBA, or relevant field.Preferred Certifications: NISM Series III Compliance Officer certification, Series VIII, Series VII.
2. Experience: 15 years in compliance, risk, or operations at a stock broker, depository participant, or financial services firm.