Compliance Officer - Broking

Job Title: Compliance Officer

Location: Mumbai

Experience: 8-10 years

Industry: Broking / Capital Markets

Job Overview:

The Compliance Officer will be responsible for ensuring end-to-end regulatory and exchange-related compliance for the broking business. The role requires in-depth knowledge of SEBI, NSE, BSE, and CDSL regulations, strong liaison skills with regulators, and the ability to independently manage inspections, and audits.

Key Responsibilities:

- Circulate daily circulars/notifications issued by SEBI, NSE, BSE, and other regulators to relevant departments and ensure timely compliance within TAT.

- Monitor, review, and respond to alerts/queries raised by stock exchanges and regulators.

- Handle inspections from SEBI, NSE, and BSE, ensuring timely and accurate responses.

- Maintain and update CTCL (Computer-to-Computer Link) data on exchanges.

- Draft and reply to correspondences received from SEBI/Exchanges.

- Oversee concurrent and internal audits of Depository Participant (DP) and stockbroking operations.

- Manage registration, renewal, and cancellation of Authorized Persons (APs) with exchanges.

- Upload investor complaint details with exchanges and ensure timely reporting.

- Prepare and submit quarterly AP inspection reports, MIS, and compliance updates to the Board.

- Handle new membership registration processes with NSE, BSE, and CDSL.

- Prepare and submit quarterly surveillance alert reports to exchanges.

Desired Candidate Profile:

- 8-10 years of experience in compliance within a stock broking/DP firm.

- Strong knowledge of SEBI, NSE, BSE, and CDSL rules, regulations, and reporting requirements.

- Experience in handling inspections, audits, and client grievance processes.

- Proficiency in compliance monitoring, regulatory reporting, and exchange portals.

- Strong communication, analytical, and stakeholder management skills.

Qualifications:

- Company Secretary (CS), LLB, MBA (Finance/Compliance), or equivalent professional qualification preferred.

- Additional certifications in securities/compliance would be an added advantage.