Compliance Officer in Stock Broking Company

We are seeking a dynamic and experienced Senior Compliance Officer to join our Compliance team at GRD, a leading Indian stock broking firm. The successful candidate will be responsible for overseeing, managing, and ensuring that the firm adheres to regulatory requirements and internal policies, while proactively identifying and mitigating compliance risks. You will play a key role in advising senior management on regulatory matters and will be instrumental in shaping the compliance culture within the organization.

Key Responsibilities:

• Regulatory Compliance:
  Ensure the firm complies with the regulatory requirements set by SEBI, NSE, BSE, RBI, and other applicable bodies.
  Prepare and submit mandatory reports and filings to SEBI, NSE, BSE, and other authorities & exchanges within specified deadlines.
  Monitor and stay up to date with changes in regulations and industry standards.
  
• Policy Development & Implementation:
  Develop, implement, and periodically review internal policies, procedures, and controls to align with current regulatory standards and best practices in the financial markets.
  
• Risk Management:
  Identify compliance risks and develop strategies to mitigate these risks through proper controls, training, and monitoring.
  Handling investors grievance cases directly received from exchange(s) & preparing drafts reply and submitting the same to exchanges.
  
• Audit & Reporting:
  Coordinate and manage internal and external audits related to compliance. Prepare and submit compliance reports to the board and regulatory authorities as required.
  
• Training & Awareness: Conduct regular training sessions for staff to raise awareness on compliance obligations, ethics, anti-money laundering (AML) policies, and other relevant compliance matters.

• Investigation & Enforcement: Investigate potential breaches of compliance, fraud, or misconduct. Initiate corrective actions and ensure timely resolution of compliance issues.

• Compliance Monitoring: Oversee the monitoring of transactions, trading activities, and the implementation of controls to detect and prevent non-compliance or unethical conduct.

• Advisory Role: Provide strategic advice to senior management on compliance-related matters, including regulatory changes, risk assessments, and potential impacts on the firms operations.

Skills and Qualifications:

Educational Qualification:

• Bachelor’s degree Finance or related field.
• Certifications in Compliance, Risk Management, or related fields (e.g., CISA, CISM, or equivalent) will be an advantage.
  
• Experience:
• Minimum 3-5 years of experience in the compliance function, preferably in a stock broking firm.
• Strong knowledge of Indian financial markets, stock broking regulations, and SEBI guidelines.
• Experience with handling regulatory inspections, audits, and investigations.
• Proven track record of developing compliance frameworks and implementing effective controls.
  
• Key Skills:
• In-depth knowledge of SEBI regulations, stock broking guidelines, KYC, and AML norms.
• Strong analytical, problem-solving, and decision-making abilities.
• Excellent communication skills (verbal and written) to interact with regulatory bodies, senior management, and clients.
• Attention to detail and the ability to manage multiple tasks effectively.
• Strong interpersonal skills with the ability to work collaboratively across different departments.