Job description
Position Title: Compliance Officer Retail Broking
Location :Ahmedabad, Gujarat
Department : Compliance
Job Summary
We are seeking a knowledgeable and detail-oriented Compliance Officer for our retail broking operations. The candidate will be responsible for ensuring adherence to regulatory requirements laid down by Securities and Exchange Board of India (SEBI), stock exchanges, depositories, and internal compliance policies. The role involves monitoring trading activities, client onboarding compliance, regulatory reporting, audits, and ensuring smooth compliance operations within the broking business.
Key Responsibilities
- Ensure compliance with SEBI, Exchange, and Depository regulations applicable to retail broking operations.
- Monitor client onboarding processes including KYC, IPV, CKYC, FATCA, and risk profiling.
- Handle compliance related to NSE, BSE, MCX, and NSDL requirements.
- Review and monitor daily trading activities, margin reporting, pledge/re-pledge compliance, and surveillance alerts.
- Prepare and submit regulatory reports, periodic filings, and compliance certificates within prescribed timelines.
- Coordinate with internal departments for implementation of regulatory circulars and policy updates.
- Conduct internal compliance audits and assist during regulatory inspections and exchange audits.
- Maintain proper records, registers, and documentation as per statutory requirements.
- Monitor prevention of insider trading (PIT) and anti-money laundering (AML) compliance.
- Address investor grievances and coordinate with regulators/exchanges for complaint resolution.
- Track changes in regulatory framework and ensure timely implementation across operations.
- Assist management in developing compliance policies, SOPs, and risk mitigation frameworks.
- Provide compliance training and awareness sessions to employees and authorized persons.
Required Qualifications
- Bachelors degree in Commerce, Finance, Law, or related field.
- NISM Certifications preferred:
- NISM Series VIII – Equity Derivatives
- NISM Series VII – Securities Operations & Risk Management
- NISM Compliance Certification (preferred)
- Minimum 2–5 years of experience in stock broking compliance or capital market operations.
- Strong understanding of SEBI regulations, exchange circulars, and depository operations.
Required Skills
- Good knowledge of retail broking operations and regulatory compliance.
- Familiarity with KYC/AML guidelines and surveillance mechanisms.
- Strong analytical and documentation skills.
- Ability to interpret regulatory circulars and implement changes effectively.
- Proficiency in Excel, reporting systems, and broking back-office software.
- Good communication and coordination abilities.
Preferred Experience
- Experience with retail stock broking companies, wealth management firms, or depository participants.
- Exposure to exchange inspections and regulatory audits.
- Knowledge of RMS, margin compliance, and client fund securities segregation.
Key Competencies
- Attention to detail
- Integrity and confidentiality
- Regulatory awareness
- Problem-solving ability
- Time management
- Process-oriented mindset
Role: Risk Management & Compliance - Other
Industry Type: Financial Services (Broking)
Department: Risk Management & Compliance
Employment Type: Full Time, Permanent
Role Category: Risk Management & Compliance - Other
Pay: From ₹500,000.00 per year
Benefits:
Work Location: In person
