AVP / Manager - Broking Compliance

ICICI Securities Limited; Navi Mumbai; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

ICICI Securities Limited seeks a highly motivated Compliance Professional to implement regulatory processes and ensure adherence to evolving rules across stock broking. The role emphasizes monitoring regulatory changes, guiding internal teams, and ensuring timely regulatory submissions.

You will analyze regulatory developments, formulate policies, and coordinate with exchanges and regulators to maintain governance and compliance across retail and institutional broking operations.

Qualifications

• Master’s degree in business, finance, law, CA/CS or related field preferred.
• Certifications in Capital Market or Audit will be an added advantage.
• Strong understanding of regulations and regulatory changes impacting stock broking.

Responsibilities

• Stay updated with latest regulatory changes affecting the organization and related products.
• Act on regulatory circulars and update/formulate policies accordingly.
• Collaborate with stakeholders to implement regulatory compliances for stock broking business.
• Oversee end-to-end implementation of regulatory circulars and track developments.
• Respond to regulators with required data and observations in a timely manner.
• Provide policy guidance to MIIs and feedback on draft proposals from exchanges and others.
• Engage with regulators and intermediaries to represent the company.
• Ensure compliant activities align with regulatory requirements and internal policies.

Skills

Regulatory awareness

Analytical thinking

Cross-functional engagement

Communication skills

Integrity and confidentiality

Problem solving

Stock broking compliance

Education

Masters in Business/Finance/Law or CA/CS

Tools

Compliance software

Job description

We are seeking a highly motivated Compliance Professional to join our team who will be responsible for implementing the compliance processes within the organization and ensuring adherence to regulatory requirements. The candidate should have analytical skills and ability to assess changes in regulations/ laws under which the products operate and provide guidance to other stakeholders to carry out those changes. The candidate should have acumen in interaction with exchanges / regulators / other stake holders for regulatory queries.

Roles and Responsibilities:

• Acquaint with latest and earlier regulatory changes affecting the organization and related products.
• Take appropriate action arising out of the regulatory circulars, including any regulatory changes and updating/formulating policies.
• Work with various stakeholders for implementing the regulatory compliances for Stock Broking Business (retail and institutional broking).
• Ensure End to End Implementation of regulatory circulars including tracking all developments.
• Ensure timely response to the regulators for data requirement and observation noted.
• Making policy Suggestions/Representations to MIIs and providing feedback on draft proposals of Exchange/CC/BBF/ANMI
• Stay updated on relevant laws, regulations, and industry standards and engage with intermediaries/broker forums for representing the Company.
• Ensure that all compliance activities align with regulatory requirements and organizational policies. Ensure that relevant Regulatory submissions are made on timely manner.
• Maintain accurate and up-to-date documentation of compliance activities and procedures.

Note: Additional responsibilities may be added from time to time depending on organizational requirements.

Qualification:

Master’s degree in business, Finance, Law, CA/CS or a related field (master’s degree or professional certification preferred).

Certifications in Capital Market/area of Audit will be added advantage

Skills and Experience:

1. The candidate should have understanding of regulations, strong analytical and logical thinking, and ability to engage and influence cross functional teams.

2. Strong organizational, and communication skills. Proficiency in compliance management software and tools.

3. High level of accuracy and attention to detail in reviewing documentation and assessing compliance.

4. Demonstrated integrity and ability to handle sensitive information with confidentiality.

5. The candidate should have ability of problem solving and provide guidance to internal teams.

6. Overall 10 - 18 years of experience with Stock Broking in a compliance function managing regulatory compliances.

7. Proven experience in compliance, audit, or risk management.