Compliance Officer

**Vedika Vanijya Private Limited** is one of leading Broking companies which enable investors and traders to trade in Stock Market and Commodities exchange at a fraction of market price with our trading platform. We are backed by good valuable investors. We have a team of highly skilled technology and finance professionals, and are currently looking for highly motivated field experts to be part of our high
- energy team based in Kolkata.

**Responsibilities**:

- Partner with Line Compliance to develop and/ or enhance Programmatic Reviews and associated reviews.
- Monitor review are being performed properly from a qualitative and timelines perspective.
- Discuss reviews with Line Compliance
- Identify enhancement to existing review procedure based on results of previous review of changing risk profile of business
- Coordinate issues, finding and practices, Implementing, monitoring and adherence to compliance's related to SEBI, Exchanges and depositories
- Participating in the planning, executing and reporting of compliance assurance reviews an compliance and regulatory issue validation activities for a component of policy line function
- Liasioning with the Exchanges
- Managing Inspections carried out by exchanges, depositories and SEBI
- Managing internal audits related to depositories and Exchanges
- Submission of Enhanced supervision data
- Periodic filings to Exchanges
- Seeking regulatory approvals for advertisements etc
- KYC Compliances and monitoring
- Preparation, submission, and uploading Annual return Compliance to the exchanges.
- Handling investors complaints
- Controls testing, preparing policies, procedures for compliance
- Evaluating new regulatory guidelines and implementation
- Handling internal audits and implementation
- Preparation and submission of MIS and status reports
- Reviewing updating company forms and internal documents in line with applicable stock broking / DP guidelines.
- Presenting case before IGRP
- Submission of data and addressing various regulatory queries in time bound manner.

**Depository Operations**:

- Oversee and supervise entire CDSL Depository operations
- Working with CDSL CDAS System
- Handling demat account opening and maintenance
- Execution of DIS & Signature authorization
- Checking the client account balance before processing client instruction
- Handling Dematerialization, Rematerialization of shares
- Handling pledge creations and closures
- Handling File upload of all transactions
- Handling Transmission process
- Handling Early Pay-in, Buy Back process
- Administration of Back office system
- Day to day back office Data updating
- Generating monthly billing
- Resolving internal and concurrent Auditor query
- Handling effectively annual inspections of CDSL
- Preparation of Monthly Investor Grievances reports and forwarding to CDSL
- Submitting Net worth Certificate to CDSL
- Sending Compliance certificates to CDSL on half yearly basis.
- Communicating overdue information to the customers
- Resolving Customer queries & complaints

**Clearing & Settlement (Securities, Commodity & MF Units)**:

- Generation of delivery instructions of all POA clients
- Generation of pay-in file from margin accounts
- Giving Information of pay-in & payout shortage report to client
- Verification of ledger balance before payout

**Risk Management**:

- Setting Limit of the clients
- Increase client’s limit during trading hours as per margin deposit
- Squaring off client’s position to recover margin short fall, M2M loss or aging debit
- Provide client’s requirement of margin utilization details, M2M details, account position etc.
- Take proper step to prevent trading in illiquid scrips or BAN scrips
- Solving queries arising during trading hours
- Monitoring proper margin reporting to the Exchange
- Reporting of high value/high margin utilized trade to make early pay in
- Follow regular Exchange circulars.

**Miscellaneous**:

- Transfers of shares to client demat a/c as per obligation
- Maintain holdback margin accounts for all clients
- Holding reconciliation of all demat accounts
- Preparation of miscellaneous delivery charges
- Early pay in of securities
- Transfer corporate benefit from poll a/c to client’s beneficiary a/c
- Maintenance of statutory securities registers
- Exchange pay in payout shortage reconciliation
- Auction bill processing
- Maintain securities collate module, pledge & unpledged of securities
- Commodity pay in & pay out
- Ensuring Exchange & SEBI audit

**Experience Required**: 5 - 8 Years of relevant experience in similar Industry.

**Salary**: Depends on experience and Industry standard.

**Work Hour** : 9am - 7pm

**Skills and Qualifications Required**:

- CA/ CS or relevant study in similar Industry.
- Excellent Communications Analytical skills.
- Good Understanding of the capital market rules and regulations, circulars etc.
- Managing Inspection and Internal audit related to compliance
- Inquisitive and proactive in identifying risks