Job
Description
About Nuvama Institutional Equities Nuvama Institutional Equities, a division of Nuvama Group (formerly Edelweiss Wealth Management), is a leading provider of institutional broking and equity research services. We deliver cutting-edge equity insights and high-quality execution services to a wide array of domestic and global institutional clients. Compliance plays a critical role in upholding our commitment to integrity and market excellence. Role Overview We are looking for a seasoned Senior Compliance Officer to oversee regulatory adherence and provide compliance guidance to our Institutional Equities business. The role demands a proactive, detail-oriented professional who can independently manage regulatory interactions, advise the front office, and ensure the firm’s operations align with SEBI, NSE/BSE, and global institutional standards. Key Responsibilities: Regulatory Oversight & Interface Ensure adherence to SEBI (Intermediaries, Insider Trading, Research Analyst, PMS, and Stock Broker) regulations and circulars issued by NSE/BSE. Represent Nuvama during SEBI/Exchange inspections and respond to regulatory queries in coordination with Legal and Risk teams. Business Compliance Support Act as a trusted advisor to the Institutional Equities team, including Sales, Dealing, Research, and Corporate Access, on day-to-day compliance matters. Provide timely compliance approvals (e.g., research publications, investor meets, analyst interactions). License & Registration Management Maintain and manage licenses and registrations for research analysts, institutional brokers, and sales personnel as per SEBI and exchange requirements. Ensure timely application, renewal, and record-keeping for NISM certifications, SEBI registrations, and related regulatory filings. Monitor changes in regulatory guidelines impacting research or broking business licensing and implement necessary compliance controls. Digital Recordkeeping & Audit Trail Systems Proficient in using electronic compliance repositories (e.g., SharePoint, Archer GRC, or in-house systems ) for maintaining audit trails of regulatory filings, internal approvals, and licenses. Ability to manage version control and metadata tagging for compliance documents. Policy & Controls Draft and update policies and Standard Operating Procedures (SOPs) in line with changing regulations. Ensure business processes are aligned with internal compliance frameworks and regulatory expectations. Training & Certification Conduct regular compliance trainings and regulatory updates for institutional business employees. Monitor NISM certifications and registration requirements for dealers and other key personnel. Documentation & Reporting Maintain comprehensive records of compliance approvals, regulatory communications, audit reports, and policy documents. Prepare MIS and reports for internal stakeholders and regulators. Qualifications & Skills Education: Postgraduate in Commerce, Finance, or Law; MBA or LLB or/and CS preferred. Certifications: Mandatory NISM certifications (especially for Research Analyst and Dealers); additional compliance certifications are a plus. Experience: Minimum of 8 years in capital markets compliance, with significant exposure to institutional equities in India. Key Competencies: Deep knowledge of Indian capital market regulations. Strong communication and interpersonal skills to engage with senior management and regulators. Ability to interpret complex regulations and apply them pragmatically in business scenarios. Familiarity with tools like NSE SMART, CERSAI, STR filing portals. Behavioral Competencies Attention to Detail Decision-Making Under Pressure Stakeholder Management Proactive Problem Solving Adaptability & Resilience Collaboration & Teamwork Accountability & Ownership Continuous Learning Mindset Show more Show less
