NSE Compliance Officer

Role Overview

The Compliance Officer will be responsible for ensuring Ascentra Capitals adherence to all applicable laws, regulations, and circulars issued by SEBI, NSE, and other regulatory authorities. This role involves developing and maintaining compliance frameworks, monitoring regulatory risks, and promoting a strong compliance culture across the organization.

Key Responsibilities

• Ensure compliance with SEBI, NSE, and other regulatory requirements applicable to stockbrokers.
• Develop, implement, and maintain internal compliance policies and procedures.
• Monitor trading activities, settlement operations, and client onboarding processes for compliance.
• Coordinate with regulatory authorities during inspections, audits, and investigations.
• Prepare and submit periodic compliance reports to management and the Board.
• Ensure timely submission of NSE/SEBI reports, disclosures, and returns.
• Conduct compliance risk assessments and internal audits periodically.
• Oversee client grievance redressal and investor protection mechanisms.
• Implement and monitor Anti-Money Laundering (AML) and KYC norms as per SEBI guidelines.
• Conduct staff training on compliance and regulatory developments.
• Ensure no conflict of interest exists in the compliance function and maintain independence.

Eligibility Criteria

• Graduate in any discipline from a recognized university (mandatory).
• Minimum 2 years of relevant experience in compliance, audit, or regulatory functions within financial services.
• Must possess or obtain NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification within 1 year of joining.
• Sound understanding of securities market operations, SEBI and NSE regulations, and trading member obligations.
• Strong communication, analytical, and risk assessment skills.
• Should meet SEBI’s 'Fit and Proper' criteria as per SEBI (Intermediaries) Regulations, 2008.
• No prior record of regulatory action, criminal conviction, or disciplinary proceedings.

Preferred Qualifications

• Postgraduate degree (MBA, LLM, CA, CS, or equivalent).
• Prior experience in a stockbroking or trading member firm.
• Knowledge of NSE compliance processes, system audits, and cyber security norms.
• Experience liaising with SEBI/NSE and handling regulatory inspections.