AVP Compliance
Department
OperationsNo. of position
1Experience
10+ yearsJob Location
Vashi MumbaiRole Overview
Involves ensuring compliance with SEBI & other applicable rules and regulations of the stock
exchanges i.e. NSE & BSE, depositories, clearing corporations, daily settlements, return filing, client
communications, monitoring operations, reporting, empanelment, liaising with the back office of
institutional cum HNI clients, other day-to-day back office work wrt 'Depository Participant and Stock
Broking'
Key Responsibilities
• Excellent organizational skills, including time management, record keeping, self-scheduling, and follow-up
• In-depth knowledge of Broking industry operation
• Expertise in drafting clear and professional correspondence and other documents of a legal, compliance, and business nature
• Involves ensuring compliance with SEBI & other applicable rules and regulations of the stock exchanges i.e NSE & BSE, and depositories, clearing corporations, daily settlements, return filing, client communications, monitoring operations, reporting, empanelment, liaising with the back office of institutional cum HNI clients, other days to day back-office work wrt 'Depository Participant and Stock
• Responsible for regulatory compliance in a stock broking business and regulatory audit- assisting in Concurrent and Internal Audits and Inspection by SEBI/CDSL/BSE, etc.
• Manage all operational processes as per the regulatory framework to ensure exchange compliance
• Facilitate preparation & timely submission of various forms, reports, and other documents to Exchanges/Depositories.
• Ensuring timely operational reporting related to Exchanges and SEBI like daily margin reporting of clients, enhanced risk-based supervision, daily monitoring of client collaterals, daily margin statements, other periodic submissions, etc.
• Assisting in ensuring exchange / DP-related compliances applicable to the Company under SEBI Act, SCRA, Rules, Regulations & Bye- laws of Exchange and Circulars issued by SEBI/CDSL/BSE from time to time.
• Assisting in handling Investor Grievances as per regulatory guidelines.
• Reviewing & updating company forms and internal documents in line with applicable stock broking / DP guidelines.
• Liaising with Exchanges, Depositories for routine matters
• Ensure process-oriented, TAT-driven process as per defined SOP.
• Mentor and monitor team to ensure high level of accuracy and timely execution.
• Handling regulatory audits of SEBI, Exchanges, etc.
• Any other compliance matters as assigned from time to time
Qualifications
15-20 years of experience in the Broking industry is mandatory
CS/LLB