Moneylicious Securities - Manager - Compliance - Raise Financial Services

Role Summary:

Raise is built on this core philosophy - we will bring exceptionally great products, awesome user experience and best in class customer service to our users. We have started with our first step by launching an Investment & Trading platform - Dhan (www.dhan.co) in November 2021.

As a Compliance official, you will be in charge of managing risks and avoid any lawsuits by ensuring business operations are performed in compliance with regulatory requirements. You will be tasked with everything from developing company policies, creating metrics to help compliance and performing compliance audits.

Expected Responsibilities:

- Stay abreast of all applicable laws, regulations and circulars issued by regulatory bodies such as NSE/BSE/MCX/CDSL/CVL KRA /SEBI and other relevant authorities

- Assisting various internal stakeholders for implementation of Exchange circulars

- Appointment, cancellation and Inspection of Authorized Persons

- Handling DP and Exchange's Internal Audits

- Handling Exchange and SEBI Inspections

- Activation/Modification/De-activation of NEAT/NON-NEAT and CTCL terminals

- Reporting of suspicious transaction to FIU

- Review PMLA policy of the company and ensure its compliance

- Reporting of Form 61-B

- Analysis of Exchange alerts and closing them with proper justifications

- Follow-ups with the Exchanges to obtain necessary approvals

- Conduct regular KYC compliance reviews and audits to assess adherence to established policies and identify potential areas of improvement

- Assist the team in compliance reporting, such as segregation of client funds, enhance supervision, bank balance, cash and cash equivalent, holding statement etc.

- To draft, develop implement and review an effective compliance policy, as and when required

Expected Skills:

- Graduation is a must. Post-Graduation will be preferred.

- 6+ years of work experience with 3 to 4 years' experience of working in a similar role in broking industry or with exchange/ NSE / BSE is a must.

- Proven experience as a Compliance official in broking compliance / company.

- Thorough understanding of reporting requirements to the regulatories.

- Hands on experience in advertisement approvals, CTCL Id creations, surveillance alerts, handling client complaint (IGRC), AML Alert Closures, Segregation and monitoring of collateral, enhancing reporting, Internal Audits, Regulatory Inspection.

- Good working knowledge of risk management and broking industry / business.

- Good written and verbal communication skills.

- Professional certification, NISM Certification in Compliance would be an added advantage.

- Good familiarity with industry practices and professional standards.

- Deadline driven, self-motivated, attention to detail, great interpersonal skills along with strong ethics and professional conduct are a must for this role.

- Great Interpersonal and team playing skills.

- This is an Individual contributor role reporting directly to Director Com

Location: Mumbai (Borivali East)

Candidates from Mumbai (Western Suburbs) would be preferred.

This is an on-site opportunity and not a hybrid / remote role.