Associate-Stock Broking Audit

Industry BFSI (prior experience of capital market is mandatory)

Base Location: Mumbai

Position: Associate Stock Broking Audits

Experience: 2-5 years in Internal and Retail and Institutional Broking Audits including half yearly SEBI audits for NSE/BSE/MCX/. Experience of review Margin Trading and Proprietary Trading would be an advantage.

Educational Qualification: Graduate / MBA / Others

Reporting to: Team Leader

Overall purpose of the job: Independently handling audits execution work as part of a team for Broking Entities covering a detailed end to end review of processes as envisaged in the SEBI half yearly audit checklists.

Responsibilities

• Good understanding of capital markets, trading, clearing and settlements, KYC/AML, client onboarding, margin management, regulations governing capital markets, etc.
• Experience in conducting half yearly NSE/BSE/MCX reviews of Stockbrokers
• Good analytical skills, knowledge of advanced excel and ability to maintain good inter-personal relations
• Participate in audit execution in line with the scope agreed with the client.
• Perform daily, weekly, and monthly tasks.
• Report work performed daily.
• Giving status updates to Team Leader and client on periodic basis.
• Participate in detailed walkthroughs to gain understanding of the processes and controls implemented by the client.
• Documenting the work performed and maintaining work papers
• Review adherence with regulatory and statutory compliances
• Conducting audits within the time schedule assigned
• Identifying areas of improvements for each process being audited and recommending the same to the client
• To keep track of all regulatory and other changes in relation to Stock Broking and financial markets.
• Drafting Audit reports detailing findings of audit
• Should have a strong domain across the spectrum of operations for Stockbrokers.
• Should have good oral and written communication skills to articulate queries / observations to clients
• Should have good command over language and grammar
• Should have the ability to grasp / learn and unlearn processes / businesses of our clients.
• Should have good interpersonal skills in interactions with fellow team members, Team Leader and client representatives at all levels
• Should offer training and assistance to new team members, support their skill enhancement, improve their capacity to take more responsibilities.

Package: As per Market Standards