Director - Compliance, Institutional Brokerage & Investment Services

Key Areas of Responsibilities

• Ensuring implementation of regulatory & corporate compliances with respect to SEBI, BSE, NSE & NCL and other Regulatory Authorities including submission of all regulatory filings in a timely manner
• Managing application to Stock Exchanges / SEBI for renewal of licenses, change in Directorships / shareholding pattern of the Company etc.
• Assisting in any new business proposal and ensuring it is meeting the regulatory requirements, obtaining necessary regulatory approvals in a time-bound manner (wherever required)
• Advise the business on legal & compliance issues and regulatory risks pertaining to Broking, investment banking and research business
• Responsible for the various audits / inspections conducted by Stock Exchanges, SEBI, Internal auditors, External auditors, etc.
• Assist in ensuring that the Company has appropriate compliance framework to ensure compliance of all applicable laws, regulations and internal policies
• Conducting regular transaction monitoring, identifying suspicious activity / transactions, performing Client Due Diligence, etc. in accordance with internal policies.
• Formulating & Conducting face-to-face compliance trainings for staff at periodic intervals
• Formulate and implement compliance policies and plan in consultation and co-ordination with regional compliance team
• Identify and analyze regulatory changes and oversight implementation
• Formulate and implement appropriate remedial measures to prevent re-occurrence of breaches, if any.
• Responsible for Client on-boarding, broker empanelment and ensuring all SEBI, PMLA, FIU and other relevant KYC information / documents are adhered to in accordance with internal compliance checklist is adhered to
• Escalate potential delays / red flags / non-compliance's to manager effectively and in a time bound manner
• Oversee the identification, analysis and management of regulatory breaches.
• 12+ years of experience in working in financial services industry preferably from a global financial services firm
• Experience with legal matters and / or company secretarial matters would be preferred
• Clear and confident communication style – verbal and written
• Assertive personality – able to challenge difficult users and extract clear and logical requirements
• Attention to detail – individual will be required to ensure all impacted process / regulations are considered
• Good overall business knowledge – understanding trade life cycle of equities markets in India
• Experience in Indian legal matters across functions
• Good relationship with external agencies (Regulators, exchanges, Financial institutions)
• This is a single contributor and hence should be diligent, nimble footed, pro-active and hard working.
• Professional Degree – minimum of a MBA, Chartered Accountant, Company Secretary, and / or LLB Candidate with some legal experience and / or Company Secretarial experience will be preferred.
• S trong written and verbal communication skills