Head - Compliance - Broking Firm

This is regarding Job opening with A leading Broking firm in Mumbai for Compliance Head in Mumbai.

JD :

Compliance Excellence :

- Provide leadership and direction to the compliance team, fostering a culture of ethical conduct and regulatory adherence.

- Ensure accurate and timely exchange reporting (Daily, Weekly, Monthly).

- Handle client grievances efficiently.

- Lead internal and external audits, as well as regulatory inspections by SEBI, exchanges, and depositories.

- Coordinate audit processes, address audit queries, and ensure compliance with audit requirements.

- Draft responses to observations and queries raised by exchanges and SEBI, ensuring compliance with regulatory guidelines and timely feedback.

- Stay updated with the latest regulatory developments and changes impacting the stock broking industry.

- Implement updates to internal compliance policies and procedures as per regulatory requirements.

Operational Excellence:

- Develop and conduct compliance training programs for staff on regulatory policies, procedures, and updates.

- Head the compliance team, providing guidance, support, and mentorship to ensure high performance and achievement of compliance objectives.

- Monitor regulatory changes and recommend proactive compliance strategies to senior management.

Process Transformation:

- Develop and implement strategic initiatives to ensure comprehensive compliance with SEBI regulations and exchange guidelines.

- Identify compliance risks and proactively implement measures to mitigate risks effectively.

Other Responsibilities:

- Engage with stakeholders, including regulators, exchanges, and depositories, to address compliance-related issues and ensure smooth operations.

- Foster a collaborative and positive work environment within the compliance team and across departments.

Qualifications: - Bachelor's degree in Finance, Law, Business Administration, or a related field. A Master's degree or professional certifications (e.g., CA, CS) are preferred.

- Minimum of 7-10 years of progressive experience in compliance within the stock broking industry, with at least 3 years in a leadership role.

- Strong knowledge of SEBI regulations, exchange guidelines, and stock broking compliance requirements.

- Excellent analytical, problem-solving, and decision-making skills.

- Exceptional communication, negotiation, and interpersonal skills.

- Competencies:

- Strategic Thinking: Ability to develop and execute strategic compliance initiatives aligned with business goals.

- Leadership and Influence: Strong leadership skills to inspire and motivate the compliance team and influence stakeholders.

- Compliance Expertise: Deep understanding of regulatory compliance requirements and best practices in the stock broking industry.

- Ethical Conduct: Commitment to upholding ethical standards and fostering a culture of integrity and compliance.

- Adaptability and Resilience: Ability to adapt to changing regulatory environments and navigate complex compliance challenges.

- Must be from Broking firm