Compliance Officer

Job Description:

The Compliance Officer will be responsible for ensuring that all broking activities (retail and institutional) comply with SEBI regulations, Exchange regulations, PMLA regulations, Clearing corporations, Depositories and internal compliance frameworks.

You will work closely with RMS, Trading, Technology, Finance, Operations and other related departments. As a Compliance Officer you will ensure that to operates within the legal and regulatory framework set by SEBI and other regulators. This role requires a strategic thinker with strong presentation skills to provide key compliance insights to management based on regulatory updates.

The ideal candidate will possess strong managerial capabilities to oversee and guide the compliance team, advising front office personnel, monitor trading activities, manage client grievances, managing regulatory issues, and liaising with SEBI and other market infrastructure institutions (MIIs).

Key Responsibilities:

• Ensure timely compliance with SEBI (Stock Brokers) Regulations, PMLA, SEBI (Prohibition of Insider Trading) Regulations, and circulars/notifications issued by SEBI, Exchanges and Depositories from time to time.
• Keep abreast of regulatory developments, ensuring timely implementation of changes in laws and regulations.
• Monitor adherence to SEBI rules on algorithmic trading, co-location, client onboarding (KYC/AML) and retail as well as institutional trade execution.
• Address and resolve Exchange and Regulatory alerts, investigations, and suspicious activity reports, while effectively communicating updates to the Management.
• Drafting, vetting, reviewing and negotiating:
• Legal documents, Agreements/ Contracts with third party vendors, distributors and service providers, Website Terms and Conditions, Privacy Policies and Disclaimers etc.,
• Compliance policies, procedures, SOPs and user manuals.
• Monitor and review timely regulatory submissions (e.g., SEBI, NSE/BSE, MCX, NSDL/CDSL, FIU-IND, SCORES, CKYC).
• Ensure the compliance programs and systems are regularly updated and functioning effectively, align with business objectives while adhering to all compliance requirements
• Support internal audits, regulatory inspections and compliance reviews.
• Handle client grievances and regulatory queries, ensuring prompt and satisfactory resolution.
• Acting as the companys primary liaison with SEBI and other regulators, representing in regulatory discussions and engagements.
• Mentor and monitor team to ensure high level of accuracy and timely execution.
• Collaborate with Operations, Surveillance, KYC, and Risk teams to manage regulatory requirements and ensure robust governance.
• Coordinate with Legal counsel on Regulatory actions, Investigations, or client complaints.
• Engage in continuous process improvement and support automation initiatives for compliance workflows.
• Conduct periodic training on regulatory requirements and internal code of conduct, including SEBIs insider trading norms.
• Maintaining monthly Governance Dashboard and discussing the same with Management.
• Any other compliance matters as assigned from time to time.

Key Skills & Competencies:

• Mandatory:

• Possesses a strong understanding of relevant laws, regulations, and industry guidelines governing the industry.
• High accuracy in preparing reports, filings, and documentation.
• Excellent communication skills – ability to interact effectively with trading desks, senior management, and regulators.
• Ability to assess regulatory impact and compliance risk.
• Competence in using Excel MIS tools, and online regulatory platforms.

• Desired:

• Strong collaboration with multiple departments to drive compliance actions.
• Capable of handling multiple deadlines and compliance calendars.
• Ability to proactively identify and resolve compliance issues.
• High integrity, detail-oriented, and strong analytical skills.
• Strong problem-solving abilities

Qualifications & Experience:

• CA/CS/Master’s degree in Commerce, Law, Finance, or related discipline.
• NISM certifications (e.g., Series IIIA, VA) preferred.
• 10+ years of experience in regulatory compliance within capital markets or broking industry.
• Familiarity with regulatory portals such as SEBI SCORES, NSE ENIT, BSE Listing Centre, NSDL/CDSL platforms.

Compliance Officer