Compliance and Back Office Executive
2 weeks ago
Location: Surat, Gujarat (Local candidates preferred)
Salary: Based on interview performance and experience
Key Responsibilities:
Compliance:
- Ensure compliance with SEBI, stock exchanges, and depositories' regulations.
- Maintain and update KYC records for all clients as per regulatory guidelines.
- Monitor suspicious activities and generate reports for Anti-Money Laundering (AML) compliance.
- File periodic regulatory reports, including margin trading, financial updates, and KYC compliance reports.
- Coordinate and respond to internal and external audits, inspections, and regulatory inquiries.
- Implement updates based on SEBI circulars and exchange notifications.
- Oversee grievance redressal mechanisms to resolve client complaints efficiently.
Back Office Operations:
- Manage the end-to-end client onboarding process, including KYC verification and account setup.
- Process and record client pay-ins and pay-outs for trades.
- Ensure timely completion of T+1/T+2 settlement obligations.
- Reconcile daily trades with stock exchanges and ensure trade settlements are accurate.
- Generate and distribute contract notes, trade confirmations, and margin reports to clients.
- Process payouts and pay-ins of funds and securities within prescribed timelines.
- Handle client queries related to trade execution, account balances, and discrepancies.
- Maintain accurate records of all client transactions, corporate actions, and account activities.
Qualifications:
- Bachelor’s degree in finance, business administration, or a related field.
- 1-3 years of experience in compliance or back-office operations in the financial sector.
- Strong knowledge of SEBI guidelines, AML compliance, and exchange regulations.
- Proficiency in MS Excel and other back-office tools; familiarity with trading software is a plus.
- Strong communication, organizational, and problem-solving skills.
- Ability to manage multiple tasks and prioritize effectively.
For more information, contact us:
Vinay Limbalkar || +91 9510218967 ||
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