Compliance Officer

Opportunity to work with a leading stock broking firm in Mumbai, Andheri East.

Experience Required:

● 5+ years of experience as a Compliance Officer in a stock broking firm or financial services company. (Mandatory to have experience in Stock Broking business)

● Proven track record of managing regulatory compliance and dealing with SEBI inspections.

● Hands-on experience in developing compliance frameworks and policies.

Key Responsibilities:

1. Regulatory Compliance:

● Ensure full compliance with SEBI regulations, stock exchange rules, and other applicable laws governing the stock broking business.

● Regularly monitor and review changes in SEBI guidelines and circulars, and implement necessary updates in processes and policies.

2. Internal Audits and Inspections:

● Conduct periodic compliance audits of all business processes, systems, and client dealings.

● Prepare for SEBI, stock exchange, and internal/external audits by ensuring documentation and processes are audit-ready.

● Address audit findings and ensure timely resolution of compliance gaps.

3. Reporting and Filings:

● Prepare and submit regulatory filings, including returns, disclosures, and reports, to SEBI, exchanges (NSE/BSE), and other regulatory bodies.

● Ensure accuracy and timeliness in reporting requirements, including quarterly compliance reports and investor grievance redressal data.

4. Policy Development and Implementation:

● Develop, review, and update compliance policies, manuals, and operating procedures in line with SEBI regulations.

● Implement and oversee anti-money laundering (AML) policies, KYC norms, and risk management systems.

5. Grievance Redressal:

● Act as the point of contact for client complaints and ensure timely resolution as per regulatory guidelines.

● Maintain records of complaints and oversee effective communication with clients and regulators during the resolution process.

6. Training and Awareness:

● Conduct training sessions for employees on SEBI laws, insider trading regulations, and compliance best practices.

● Build awareness about regulatory changes and compliance expectations across departments.

7. Surveillance and Monitoring:

● Monitor employee trades, brokerage activities, and potential conflicts of interest to ensure ethical conduct.

● Use surveillance tools to identify unusual trading patterns and ensure compliance with insider trading regulations.

8. Coordination with Regulators:

● Liaise with SEBI, NSE, BSE, and other regulatory bodies for inspections, clarifications, and regulatory updates.

● Respond promptly to regulatory inquiries and notices while maintaining a professional rapport with regulators.

Key Skills & Competencies:

● Technical Knowledge:

○ Strong understanding of SEBI laws, insider trading regulations, AML guidelines, and stock exchange rules.

○ Familiarity with KYC norms, investor protection frameworks, and compliance management tools.

○ Experience in handling SEBI inspections and regulatory audits.

● Soft Skills:

○ Strong analytical and problem-solving skills.

○ Excellent communication and interpersonal skills to interact with regulators, clients, and internal teams.

○ High attention to detail and ability to work under strict deadlines.

Educational Qualifications:

●Essential: Bachelor’s degree in Commerce, Law, Finance, or related fields.

●Preferred: MBA (Finance), CA, or LLB with certifications in compliance or SEBI regulations.

Job Type: Full-time

Pay: ₹1,000,000.00 - ₹1,200,000.00 per year

Application Question(s):

• Do you have experience in managing regulatory compliance and dealing with SEBI inspections?

Experience:

• Compliance of Stock Broking Business: 4 years (Required)

Work Location: In person