Risk and Compliance Monitoring - Stock Broker

Job Description

Job Title: Deputy Manager / Manager – Off-site Monitoring & Risk Supervision Location: Mumbai Experience: Deputy Manager: 1–4 years post-qualification Manager: 5–8 years post-qualification Qualification: CS / CA / MBA (Finance preferred) Key Responsibilities: 1. Off-site Monitoring of Stock Brokers: Monitor and review submissions by trading members to ensure compliance. Identify early warning signs and red flags through risk evaluation. Ensure proper documentation and follow-ups with members. Coordinate with internal departments and regional teams for issue resolution. 2. Risk-Based Supervision: Analyse financial submissions using ratios and other assessment tools. Evaluate and identify high-risk members based on predefined parameters. 3. Data Analysis & Reporting: Collate and analyse data from internal systems and other exchanges. Use data analytics tools to generate reports for early risk identification. 4. Limited Purpose Inspections (LPI): Determine cases for LPI and monitor the inspection process. Review reports and share findings with SEBI as required. 5. IT Coordination: Collaborate with IT for system enhancements and testing. Support users with system access, testing, and business continuity activities. 6. Other Activities: Handle regulatory queries from SEBI or members. Support investor awareness campaigns. Prepare and submit reports to regulatory authorities and for board meetings. Performance Expectations: Timely completion of inspections and compliance reports. 100% adherence to internal processes and SLAs. Minimum 40 hours of training per year. Skills Required: Strong knowledge of financial markets and regulatory frameworks Excellent analytical and reporting skills Proficiency in MS Office (especially Excel); knowledge of analytics tools is a plus Good communication and coordination abilities Job Type: Full-time Pay: ₹1,000,000.00 - ₹1,300,000.00 per year Benefits: Health insurance Paid sick time Paid time off Provident Fund Schedule: Day shift Supplemental Pay: Commission pay Performance bonus Work Location: In person