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.