Institutional Equities – Compliance Manager

Job Summary

The incumbent for

Institutional Equities – Compliance

will be responsible for ensuring that all equity trading activities conducted on behalf of institutional clients comply with

SEBI regulations, stock exchange requirements, and internal compliance frameworks . The role includes advising front-office personnel, monitoring trading activities, managing regulatory issues, and liaising with

SEBI and other Market Infrastructure Institutions (MIIs) .

Key Responsibilities

1. Regulatory Compliance

Ensure compliance with

SEBI (Stock Brokers) Regulations, PMLA, SEBI (Prohibition of Insider Trading) Regulations, SEBI (LODR) , and circulars issued by

SEBI, NSE, and BSE .

Monitor adherence to SEBI rules on

algorithmic trading, co-location, client onboarding (KYC / AML), and institutional trade execution .

Track regulatory updates and implement necessary internal changes to maintain compliance.

2. Trade Surveillance & Monitoring

Monitor institutional equity trades for potential

market abuse, insider trading, front-running, and circular trading

using surveillance tools (e.g., NSE / BSE alerts).

Collaborate with surveillance and risk teams to investigate unusual trading patterns and generate

Suspicious Transaction Reports (STRs) , if required.

3. Compliance Monitoring

Act as the first point of contact for the

institutional equities desk (sales & trading)

on regulatory or compliance-related queries.

Provide guidance on interpretation and application of SEBI rules (e.g.,

DDP rules, FPI participation limits, AIF restrictions ).

Conduct

sample testing and periodic reviews

of equity trades and related processes.

Maintain accurate

records, documentation, exception reporting, and corrective action logs .

4. Training & Awareness

Conduct periodic training sessions for institutional equity desk staff on

regulatory requirements and internal code of conduct , including SEBI’s insider trading norms.

5. Internal & External Coordination

Support

internal audits, SEBI / NSE / BSE inspections, and compliance reviews .

Work closely with

Legal, Surveillance, KYC, and Risk teams

to manage regulatory expectations and ensure effective governance.

Qualifications

Education

Graduate / Postgraduate in

Law, Finance, or Commerce .

Additional certifications such as

NISM Series IIIA (Compliance Officer Module)

or

NISM Series VII (Securities Operations & Risk Management)

preferred.

Experience

5–8 years of relevant experience in

compliance within Institutional Equities, Broking, or Investment Banking .

Experience dealing with

SEBI, NSE, BSE , with knowledge of institutional investor categories ( FPIs, Mutual Funds, AIFs, PMS ).

Skills & Competencies

Strong understanding of

SEBI regulations, equity market structure, and institutional trading norms .

High integrity, attention to detail, and strong analytical ability.

Excellent communication skills with the ability to interact effectively with

trading desks, senior management, and regulators .

Proficiency in

MS Excel, Word , and exposure to

trading / surveillance systems .

Email : nasimkhan@rathi.com

Contact : +91 9356968576