Compliance Manager

This Opportunity is with a leading Stock Broking company for their office in Mumbai location

Role: Compliance Manager

Experience: 4 - 8 Years

Job Purpose:

To manage and oversee compliance within the organization. This includes ensuring that the company adheres to all compliance standards and internal policies, thereby mitigating risks and fostering a culture of integrity. The expectation and responsibility of the Compliance professional will be to understand, interpret, and guide business teams regarding new regulations emanating from SEBI/Stock Exchanges/Depositories.

Role & Responsibilities:

Key Responsibility

Descriptive Parameters

1. Implementation of Circulars

• Monitor new regulations, analyze the impact of the same and promptly circulate the actions to the internal stakeholders, business owners.
• Provide guidance on the implementation of the new regulations and ensure that it is sufficient to meet the regulatory expectations.
• Engage with the regulators as and when required to obtain clarity on the regulations.
• Draft representations to regulators w.r.t. implementation of regulations
• Assist business units in solving Ad-hoc queries related to

regulations, new product proposals, open compliance risks and validate the manner of risk mitigation

2. Policies Reviews

• Develop, implement, and maintain comprehensive compliance

policies and procedures.

• Review internal governance policies, regulatory mandated policies and regularly monitor compliance
• Prepare and Maintain Standard Operating Procedures for various compliance activities.

3. Regulatory Inspections, Audit & Submissions

• Assist in handling of Regulatory Investigations and Inspections.
• Assist in drafting response to regulatory enquiries/Observation Letters
• Ensure relevant regulatory submissions are made in timely manner

• Interact with various stakeholders to finalize the corrective actions for regulatory observations and track the status of the same.
• Facilitate internal and external audits, ensuring that audit findings are addressed and rectified promptly.
• Ensure advertisement approval are obtained as per code of advertisement.
• Coordinate with Exchanges and Internal Stakeholders for the purpose of advertisements

4. Internal Compliances

• Review and analyze employees' personal trading activities to ensure compliance with the regulatory requirements.
• Ensure that all employees are aware of and adhere to the organization's employee trading policies, including pre- clearance procedures, and reporting requirements
• Handle queries of internal stakeholders and approve account opening processes
• Maintain Freeze/Unfreeze of accounts register and co- ordinate internally for freezing/unfreezing account.

5. PMS/IRDA/Research related Compliance

• Prepare and submit compliance reports to SEBI, including annual compliance certificates and disclosures of non- compliance.
• Ensure adherence to Regulations related to research activities
• Renew IRDA License and ensure compliance of IRDA directions

Required Skillset:

Educational Qualifications

Essential MBA/CA/CS. Advanced degrees or certifications in compliance or financial regulations are a plus.

Role Requirements

• Knowledge about key regulations related to SEBI & Exchanges
• Experience of handling SEBI, Exchanges & depositories
• Should possess good communication/problem solving skills and is a quick learner.
• Also, have ability to drive outcomes when working with

stakeholders.

Experience

• Experience of at least 4-5 years in stock broking firm/NSE/BSE in the Compliance/Audit function/regulatory team or in a role with particular focus on regulatory compliances
• Prior experience in working with Stock Exchanges/stock broking firm will be preferred.

Interested Candidates can share their CV's atpriyal@topgearconsultants.com