Assistant Manager - AP Compliance

Key Responsibilities

• Plan and conduct periodic inspections of Authorized Persons (APs) and branches as per Exchange and SEBI regulatory requirements.
• Follow up with external auditors for closure of audit observations and reports.
• Track closure of inspection observations and ensure timely implementation by APs.
• Ensure timely communication and follow-up on audit and compliance matters.
• Submissions of regulatory reports to the exchanges.
• Verify compliance with Exchange circulars, SEBI regulations, and the Stock Broker's internal policies.
• Prepare detailed inspection reports with observations, risk ratings, and corrective action recommendations for APs and Branches.
• Liaise with Business, Operations, Other teams and Exchanges for AP and Branch related activities.
• Respond to operational and business-related queries on a day-to-day basis.
• Maintain inspection documentation and evidence for regulatory review.
• Monitor new SEBI and Exchange circulars and update inspection checklists accordingly.
• Support regulatory inspections and provide information requested by Exchanges and SEBI.
• Open to travel for AP and branch audits.

Experience: 3 to 5 years

Qualification: Any Post Graduate

Required Skills

• Strong knowledge of SEBI, NSE, and BSE regulations governing Stock Brokers and Authorized Persons.
• Experience in compliance, audit, inspection, or risk management.
• Analytical and report-writing skills.
• Ability to identify regulatory and operational risks.
• Good communication and stakeholder management skills.
• Proficiency in MS Excel, Word, and PowerPoint.
• NISM certifications relevant to compliance and securities markets are desirable.