Compliance Executive

Intellectual Capital HR Consulting Pvt. Ltd.; Ahmedabad District; On-site; INR 600,000 - 900,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. seeks a Compliance professional to ensure adherence to SEBI and AML regulations for stock-brokerage activities.

The role includes drafting and vetting SOPs, regulatory policies, and disclosures, as well as responding to regulatory notices. The candidate will liaise with SEBI, stock exchanges, clearing corporations, and depositories, and will monitor evolving circulars and guidelines, coordinating with management to implement a robust compliance

Responsibilities

• Ensure compliance with SEBI regulations for stock brokers and related circulars.
• Ensure compliance with AML Act 2002 as applicable for SEBI intermediaries.
• Liaise with SEBI, stock exchanges, Clearing Corporations and Depositories; monitor SEBI LODR.
• Draft, vet, review and negotiate legal documents (SOPs, regulatory policy, disclosures).
• Update website content for regulatory requirements and disclosures.
• Prepare responses to show cause notices, ad hoc queries and inspection notices.
• Ensure compliance with stock exchange circulars, notifications and guidelines; discuss impact with management and implement a compliance calendar.
• Experience in handling internal and statutory audits and inspections by stock exchanges and SEBI.

Job description

Role & responsibilities

Key Responsibilities:

1. 1. To ensure the compliance with the following regulations:
   • SEBI (Stock-Brokers) Regulations, 1992 and circulars/ notifications issued thereunder.
   • SEBI (Non-Convertible Securities) Regulations, 2021 to the extent it is applicable to the functioning and operations of Stock-Brokers
   • SEBI (Intermediaries) Regulations, 2008
   • Prevention of Money Laundering Act, 2002, as applicable for SEBI Registered Intermediaries.
   • SEBI LODR
2. 2. Drafting, vetting, reviewing and negotiating the legal documents such as:
   • Standard Operating Procedures
   • Regulatory Policy framework
   • Website updations with respect to Regulatory requirement, Disclaimers etc.
   • Regulatory show cause notices, adhoc queries, and inspection notices.
3. 3. Further Responsibilities:
   • To ensure compliance with circulars, notifications, guidelines issued by the stock exchanges from time to time.
   • To discuss impact analysis of applicable regulatory framework with the management, prepare and implement compliance calendar etc.
   • Experience of handling internal, statutory audits & inspection from Stock Exchanges and SEBI.
   • To liaison with the Stock Exchanges, Clearing Corporations, SEBI and Depositories.