Lead - Compliance - Stock Broking/Capital Markets

Title:

Lead Compliance

Role Description:

Responsible for ensuring full compliance with all applicable regulatory, statutory, and internal policy requirements governing the broking business. The role involves overseeing compliance frameworks, regulatory reporting, surveillance, inspections, and advisory support to business teams while maintaining high standards of governance, ethics, and regulatory discipline.

Job Responsibilities:

Regulatory Compliance & Governance:

- Ensure compliance with SEBI regulations, stock exchange by-laws, circulars, and guidelines applicable to stock broking operations.

- Act as the designated Compliance Officer as per SEBI and exchange requirements.

- Monitor regulatory developments and assess their impact on business operations.

Regulatory Reporting & Filings:

- Oversee timely and accurate submission of regulatory filings, disclosures, and periodic reports to SEBI, stock exchanges, and depositories.

- Coordinate responses to regulatory queries, notices, and inspections.

Surveillance & Monitoring:

- Implement and oversee trade surveillance mechanisms to detect market abuse, insider trading, front running, and other irregular activities.

- Review alerts, investigate exceptions, and escalate issues as required.

Policies, Procedures & Advisory:

- Develop, update, and implement compliance policies, SOPs, and internal control frameworks.

- Provide compliance advisory support to business, sales, dealing, operations, and technology teams.

- Ensure proper implementation of KYC, AML, and client onboarding norms.

Audit & Inspections:

- Coordinate internal audits, system audits, and regulatory inspections.

- Track audit observations, ensure timely closure, and report status to senior management and the Board.

Training & Awareness:

- Conduct periodic compliance training and awareness programs for employees, dealers, and authorized persons.

- Promote a strong compliance culture across the organization.

Stakeholder Management:

- Liaise with regulators, exchanges, depositories, auditors, and internal stakeholders.

- Prepare compliance MIS, dashboards, and reports for senior management and the Board.

Professional Background:

- Graduate/Postgraduate in Commerce, Law, Finance, or Management.

- Professional qualification such as CA / LLB preferred.

- 1015 years of experience in compliance within the stock broking or capital markets industry.

- In-depth knowledge of SEBI regulations, exchange compliance, and surveillance systems.

Reporting to: COO

Location: Mumbai