Head Of Compliance
6 days ago
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
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