Job Purpose
The SVP – Regulatory Affairs will establish and lead the exchange’s regulatory framework across Listing and Listing Compliance, Unique Client Code (UCC) governance and Member Technology Compliance. This role ensures flawless adherence to SEBI regulations, provides strategic advisory to senior management and maintains relationships with key regulators.
Key Result Areas
- Establish and manage end-to-end listing compliance, from DRHP stage to ongoing periodic compliances.
- Design and implement a compliance framework for managing large UCC data sets to meet FEMA, PMLA, and SEBI guidelines.
- Lead the Member Technology Compliance program (covering member compliance pertaining to System, Cyber, VAPT, technical glitches, etc.) ensuring member adherence to SEBI directives w.r.t. technology and information security norms.
- Act as the key liaison with SEBI and other regulators for aforementioned areas, representing the Exchange with confidence and authority.
- Advise senior management on regulatory changes and present compliance reports to the board and committees related to the aforementioned areas
Educational Qualification
CS preferred, CA or MBA (Finance) may also be considered
Experience
- 15–20 years in a senior compliance or regulatory role, including Listing experience
- Background in a stock exchange or a large, compliance-focused merchant banking firm, with senior compliance officer experience
Skills Required
- Unmatched knowledge of SEBI regulations, circulars, and guidelines for exchanges and brokers.
- IT-savvy with strong understanding of technology compliance and information security audits.
- Excellent analytical, numerical, and interpersonal skills.
- Confident and poised when engaging senior regulators.
- Collaborative, approachable leadership style.
Functional Competencies required
- Regulatory Expertise & Application: Deep understanding of capital market regulations (SECC, SCRR, LODR, Companies Act) with the proven ability to interpret, implement, and translate evolving rules into actionable internal policies and controls.
- Operational Compliance & Risk Management: Expertise in managing end-to-end compliance operations, including KYC/AML norms, risk monitoring, data validation, and the detection of suspicious transactions.
- Listing & Corporate Governance: Comprehensive knowledge of listing processes, from DRHP scrutiny to post-listing compliance, coupled with the capability to design and enforce frameworks for monitoring Listing compliances, including corporate disclosures and governance.
- Technology & Cybersecurity Oversight: Proficiency in regulatory technology requirements (e.g., VAPT, CERT-In) and competence in overseeing member technology and system audits, cybersecurity controls, and incident response frameworks.
- Strong expertise in regulatory compliance, and risk assessment.
- Strong capability in market analysis, regulatory intelligence, and insight generation.
Behavioral Skills required
- Possesses the ability to anticipate regulatory trends and proactively align compliance initiatives with the organization's long-term growth strategy, acting as a strategic partner to the business.
- Excels at building consensus and trust with senior management, board members, and regulators. Can articulate complex compliance issues clearly and persuasively to drive action and ensure alignment.
- Maintains composure and sound judgment when handling high-stakes regulatory inquiries, potential breaches, or crises. Can adeptly balance risk, compliance, and business objectives in ambiguous or time-sensitive situations.
