Compliance Manager

Job Description:

Key Responsibilities:

1. Regulatory Compliance Management:
• Oversee and manage the company's compliance with local and international regulatory requirements (e.g., SEBI, RBI, AMFI, etc.).
• Monitor changes in the regulatory environment and ensure the business adapts accordingly.
• Conduct periodic reviews to ensure all processes and activities align with the latest regulatory guidelines.
2. Risk Management:
• Assess risks associated with the company’s operations in the capital markets and stock broking sector.
• Implement and monitor risk mitigation strategies to ensure compliance with risk management protocols.
• Prepare risk reports and analysis for senior management.
3. Compliance Reporting:
• Develop and deliver regular compliance reports for senior management and regulatory authorities.
• Assist in preparing audits and reports for external regulatory bodies.
• Ensure all necessary regulatory filings are submitted in a timely manner.
4. Policy & Procedure Development:
• Develop, implement, and review internal compliance policies, procedures, and controls to mitigate risk and ensure regulatory compliance.
• Conduct training for employees to ensure they understand and adhere to compliance requirements.
5. Sippy Software Utilization:
• Utilize Sippy Software to track and manage compliance activities, such as trade monitoring, transaction surveillance, and reporting.
• Work closely with the IT and Operations teams to ensure Shilpi Software is used effectively for compliance tracking and reporting.
• Troubleshoot and support software-related compliance issues to ensure accurate and seamless operations.
6. Internal Audits & Investigations:
• Lead or support internal audits to evaluate the company’s adherence to compliance standards.
• Investigate and resolve compliance breaches or concerns, providing recommendations for corrective actions.
7. Client and Stakeholder Engagement:
• Serve as the primary point of contact for regulatory authorities, external auditors, and clients regarding compliance matters.
• Foster strong relationships with internal and external stakeholders to ensure compliance is maintained.
8. Training and Development:
• Conduct regular training sessions to educate employees on the latest regulations, compliance requirements, and best practices.
• Keep the team up-to-date with industry changes, and provide guidance on navigating complex regulatory landscapes.

Qualifications & Skills:

• Education:
• Bachelor’s Degree in Law, Finance, Business Administration, or a related field. A Master’s degree or professional certifications (e.g., ACA, CS, CISA) would be a plus.
• Experience:
• Minimum of 5-7 years of experience in compliance management within the stock broking and capital markets industry.
• Proven experience working with Sippy Software or similar compliance management tools.
• Strong knowledge of SEBI regulations, RBI guidelines, stock exchange compliance requirements, and global regulatory frameworks.
• Skills:
• Expertise in regulatory compliance, risk management, and audit procedures.
• Strong analytical and problem-solving abilities.
• Excellent communication and interpersonal skills, with the ability to interact with stakeholders at all levels.
• Proficient in MS Office Suite; knowledge of Shilpi Software and other compliance management tools is essential.
• Detail-oriented with the ability to manage multiple tasks simultaneously.
• Strong understanding of capital markets, stock broking operations, and related compliance challenges.

Preferred:

• Familiarity with capital market trading platforms and financial products.
• Experience in the development and implementation of compliance programs using advanced software solutions.
• Ability to lead compliance audits, risk assessments, and regulatory inspections.

Key Performance Indicators (KPIs):

• Timeliness and accuracy of compliance reporting and filings.
• Number of compliance breaches and corrective actions implemented.
• Effectiveness of internal audits and risk mitigation strategies.
• Successful application of Sippy Software for compliance monitoring and reporting.

This role offers the opportunity to contribute significantly to the firm's regulatory compliance structure while applying cutting-edge compliance software tools like Shilpi to streamline processes and ensure adherence to industry standards.