Head - Compliance - Financial Services (12-15 yrs)

Role - Compliance Head

Reporting structure for the position - Managing Director

Job Description:

- SEBI Stock Broking, PMS, Investment Advisors, Insider Trading related compliances

- Provide training for Anti Money Laundering Standards to all Staff members

- Ensuring compliance with the Code of Conduct for Prevention of Insider Trading

- Answering any compliance related queries raised by functional / operations departments

- Reporting to the Board of Directors/Managing Director if the company / any staff member has breached compliance requirements

- Co-ordinating for and attending to legal matters, as and when required

- Attending to queries/letters/communication from external agencies (other than Exchanges) like EOW, ACB, etc

- Drafting Notice & Working towards achievement of the Company Mission keeping in view Company's - vision, beliefs and mission statements

- Ensuring compliance with all rules & regulations framed by regulatory authorities like Exchanges, SEBI and CDSL

- Maintaining the Compliance Calendar, in accordance with regulatory requirements and adhere to the deadlines prescribed for each activity

- Redressing the grievances of clients in a timely manner

- Handling arbitration related matters

- Registering / deregistering Authorized Person and Sub Broker with Exchanges/SEBI and adhere to necessary compliance related matters thereto

- Handling Statutory / Regulatory Inspections / Audits

- Application / Renewal of Registrations / Approvals for various business activities

- Updating & maintaining statutory records and registers of the company (both physically & electronically) as required under the provisions of Companies Act, 2013

Preferred Skills:

- Professional working knowledge & working experience of SEBI, Depositories and Stock Exchange compliance regulations

- Good analytical ability to take calculated risks & decisions

- Integrity and Commitment

- Energetic & Initiative taking attitude

- Resilient & stress tolerant

- Adaptable to change

- Detail conscious

- Persuasive & good negotiation skills

- Excellent listening, oral and written communication skills

Qualifications and Mandatory Exam:

- Qualified Company Secretary with around 10-15 years' experience (atleast five years in broking company)

- NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Exam

- NISM-Series-VI: Depository Operations

- NISM-Series-VII: Securities Operations & Risk Mgmt

- NISM-Series-IX: Merchant Banking Certification Exam

Key Result Areas:

- Ensuring smooth functioning of the compliance department

- Key Performance Indicators

- Handling Regulatory Inspections / Audits

- Submission to regulatory authority as per compliance calendar

- Attending to customer grievances

- Take action to modify the system based on change in regulatory requirement as and when changes occur

- Communicating the Compliance guidelines to employees including training as and when required

- Application / Renewal of Registrations / Approvals for various business activities

- Handling legal and arbitration related matters

- Registering / deregistering Authorized Person and Sub Broker with Exchanges/SEBI and adhere to necessary compliance related matters thereto