Compliance Officer

Job Description for Compliance Officer:
**About DB(International) Stock Brokers Limited**:
DB(International) Stock Brokers Limited is a NSE BSE Listed financial services provider, offering a comprehensive range of investment and trading solutions to institutional and individual clients. We are a dynamic and growing company with a strong commitment to excellence and innovation.

**Job Title**: Compliance Officer (Stock Broking, Depository Participant, Research Analyst)

**Location**: Film City, Sector 16A, NOIDA.

**Department**: Compliance

**Position Summary**:
**Key Responsibilities**:

- **Regulatory Compliance Monitoring**:

- Ensure the company’s activities comply with all relevant regulations, provisions, and legal frameworks.
- Stay current with regulatory changes and industry developments to proactively address compliance risks.
- **Regulatory Inspections & Liaison**:

- Conduct regulatory inspections related to SEBI, Stock Exchanges, and Depositories, including special and spot inspections.
- Verify data submitted by various departments, coordinate submissions to the Exchange, and respond to regulatory authorities as required.
- Assist internal auditors with regular and periodic audits across exchanges and depository participants, with expertise in internal and DP audits.
- Stay updated on circulars and guidelines issued by regulators like SEBI, NSE, BSE, MCX, and CDSL.
- Ensure adherence to trading terminal regulations set by exchanges.
- **Policy Implementation & Stakeholder Coordination**:

- Assist internal stakeholders with the implementation of regulatory circulars issued by exchanges or depositories.
- Ensure the on-boarding process for trading clients is compliant, including EKYC procedures.
- **Compliance Deadlines & Reporting**:

- Monitor compliance deadlines as per the compliance calendar, ensuring timely submissions to regulators, exchanges, and depositories.
- Distribute important communications and information to internal and external stakeholders.
- Handle the filing of all required returns, disclosures, declarations, and forms within prescribed timelines.
- **KYC, AML & PMLA Compliance**:

- Monitor KYC, Anti-Money Laundering (AML), and Prevention of Money Laundering Act (PMLA) guidelines during the account opening process, ensuring adherence by the operations team.
- Coordinate follow-ups with exchanges to obtain necessary approvals.
- **Surveillance measure**:

- Oversee the timely analysis of alerts from exchanges/CDSL and internal alerts, providing proper justifications and resolutions.
- **Client Complaints & Compliance Issues**:

- Address and resolve client complaints related to compliance matters.
- Manage compliance tasks and issues on a monthly, quarterly, semi-annual, and annual basis, including exchange inspections.
- **Regulatory Updates & Implementation**:

- Stay updated on new circulars issued by exchanges or SEBI and ensure proper implementation within the organization.

**Qualifications**:

- **Education**:

- CA/CS/CMA/MBA/M.Com/LLB/B.Com or equivalent degree.
- **Experience**:

- A minimum of 5 years of experience in a compliance role within a stock broking company.
- Strong knowledge of stock broking compliance, industry regulations, and compliance frameworks.

**Preferred Attributes**:

- Certification in NISM Module IIIA, VI, and VII.
- Experience with automated compliance tools or systems.

**Key Competencies**:

- Strong understanding of stock broking, depository participation, and research analyst compliance.
- Excellent communication and interpersonal skills for handling internal and external stakeholders.
- Ability to stay organized, manage multiple tasks, and meet deadlines in a fast-paced environment.
- Strong attention to detail and proactive problem-solving abilities.

To Apply:
Additional Information:

- Start date: As soon as possible.
- Probation period: 3 months.

Schedule:

- Day shift