Compliance Executive/Officer (Stock Broking)

Job Description:

Compliance Location: Malad West

Experience: 4+ years

Qualification: Graduate/Post-Graduate

Certifications: NISM- III A- Mandatory

Role Overview The Compliance Executive/Officer will be responsible for ensuring adherence to all regulatory guidelines issued by SEBI, BSE, NSE, MCX, CDSL, and other applicable authorities.

The role involves managing audits, handling inspections, preparing compliance reports, regulatory filings, and ensuring that the organization meets all statutory and regulatory obligations in a timely and accurate manner.

Key Responsibilities

• Regulatory Compliance & Reporting

• Ensure end-to-end compliance with SEBI, NSE, BSE, MCX, MSE and CDSL regulations for both group entities.

• Manage and file regulatory reports, submissions, and returns to Exchanges, Depositories, and SEBI.

• Daily monitoring, circulation, and implementation of regulatory circulars from SEBI, Stock Exchanges, and Depositories.

• Closing alerts raised by Exchanges and CDSL and ensuring timely resolution.

• Reporting to the exchange on a daily, weekly, monthly, quarterly, half-yearly, and yearly basis, ensuring all submissions are made on time. Audit & Inspection Management

• Coordinate and manage Internal Audit, Concurrent Audit, System Audit, and Cyber Security Audit.

• Prepare responses for audit observations, including drafting compliance reports and ensuring closure of remarks.

• Handle onsite/offsite inspections conducted by SEBI, Exchanges, and Depositories, and prepare detailed compliance reports.

• Respond to Surveillance queries, observation letters, and show-cause notices from Regulators. Membership & Registration Activities

• Manage registration, modification, and cancellation of Authorized Persons with NSE, BSE, and MCX, including preparation of approval letters.

• Coordinate with Exchanges for vendor approvals and membership-related submissions.

• Creating CTCL IDs and handling terminal closure and modifications as required. Compliance Monitoring & Documentation

• Track and update NISM certificates of dealers before expiry across all Exchanges.

• Review and maintain agreements, contracts, and organizational policies to ensure adherence to regulatory guidelines.

• Organize and document monthly, quarterly, and annual compliance review meetings with senior management.

• Assist in reviewing and updating internal policies and processes periodically. Regulatory Coordination

• Liaise with Stock Exchanges, SEBI, Depositories, and auditors for compliance queries and submissions.

• Prepare representations, appeals, and responses to regulators as required.

• Provide required data and documents to exchanges and regulatory bodies on request. Legal & Compliance Analysis

• Research and interpret applicable regulations, circulars, and market guidelines.

• Prepare compliance analyses, summaries, and reports for management review. Skills & Competencies

• Strong understanding of stock broking compliance framework.

• Excellent knowledge of SEBI, NSE, BSE, MCX, CDSL rules and circulars.

• Good analytical, documentation, and reporting skills.

• Strong communication and coordination abilities.

• Ability to work under pressure and handle regulatory deadlines.

• Proficiency in MS Office (Excel, Word, PowerPoint).

• Knowledge of all Exchange Member Portals, Depository Portals, and Surveillance Portals.