Assistant Manager - AP Compliance

Key Responsibilities

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• Plan and conduct periodic inspections of Authorized Persons (APs) and branches as per Exchange and SEBI regulatory requirements.
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• Follow up with external auditors for closure of audit observations and reports.
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• Track closure of inspection observations and ensure timely implementation by APs.
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• Ensure timely communication and follow-up on audit and compliance matters.
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• Submissions of regulatory reports to the exchanges.
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• Verify compliance with Exchange circulars, SEBI regulations, and the Stock Broker's internal policies.
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• Prepare detailed inspection reports with observations, risk ratings, and corrective action recommendations for APs and Branches.
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• Liaise with Business, Operations, Other teams and Exchanges for AP and Branch related activities.
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• Respond to operational and business-related queries on a day-to-day basis.
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• Maintain inspection documentation and evidence for regulatory review.
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• Monitor new SEBI and Exchange circulars and update inspection checklists accordingly.
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• Support regulatory inspections and provide information requested by Exchanges and SEBI.
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• Open to travel for AP and branch audits.
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Experience: 3 to 5 years

Qualification: Any Post Graduate

Required Skills

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• Strong knowledge of SEBI, NSE, and BSE regulations governing Stock Brokers and Authorized Persons.
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• Experience in compliance, audit, inspection, or risk management.
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• Analytical and report-writing skills.
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• Ability to identify regulatory and operational risks.
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• Good communication and stakeholder management skills.
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• Proficiency in MS Excel, Word, and PowerPoint.
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• NISM certifications relevant to compliance and securities markets are desirable.
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