Executive

Job Summary:The Executive, Compliance is responsible for ensuring adherence to regulatory requirements, internal policies, and industry standards within the stock brokerage firm. The role includes monitoring compliance with SEBI, stock exchange regulations, PMLA requirements, handling surveillance alerts, responding to exchange audit queries, and managing the IGRC process to mitigate compliance risks.

Key Responsibilities:

• Regulatory Compliance: Ensure adherence to SEBI, NSE, BSE, PMLA, and other regulatory requirements, and assist in regulatory reporting.
• Compliance Monitoring: Conduct compliance audits on trading activities, KYC processes, and monitor transactions for irregularities and AML compliance.
• Timely Response to Exchange Audit Queries: Manage and coordinate timely, accurate responses to audit queries raised by stock exchanges.
• Policy Development and Implementation: Assist in developing, updating, and communicating compliance policies and procedures.
• Risk Management: Identify compliance risks and suggest mitigation measures, including those related to money laundering and suspicious transactions.
• Training and Awareness: Conduct compliance training sessions and keep staff updated on regulatory changes and compliance obligations.
• Client Compliance: Review client onboarding for compliance with KYC, AML, and PMLA requirements, and handle related client queries.
• Response to Surveillance Alerts: Investigate and resolve surveillance alerts from trading and compliance systems as per regulatory guidelines.
• IGRC (Investor Grievance Redressal Committee): Assist in handling investor grievances and coordinate resolutions through IGRC 
• Reporting: Prepare compliance reports for senior management, regulatory bodies, and IGRC, maintaining records per guidelines.
• Coordination with Regulators: Liaise with regulatory authorities and ensure timely, accurate responses to queries, inspections, and audits.