Compliance Officer (Broking Industry)

Globelance; Mumbai; On-site; INR 1,080,000 - 1,320,000; Full time

Benefits offered by this job

Competitive salary

Benefits package

Job summary

Globelance in Mumbai seeks a knowledgeable Compliance Officer to ensure adherence to regulatory requirements in the broking industry. The role focuses on managing licensing, policy development, audits, and staff training.

The ideal candidate has at least 2 years in compliance, strong analytical skills, and familiarity with compliance software and MS Office. Remit includes liaison with regulators and incident investigations as needed.

Qualifications

• Minimum 2 years of experience in a compliance role within broking/financial services.
• Strong knowledge of the licensing process and regulatory requirements.
• Bachelor’s degree in Finance, Law, Business Administration, or related field.
• Certifications in compliance/regulatory affairs are a plus.

Responsibilities

• Ensure regulatory compliance with laws and guidelines in the broking sector.
• Oversee the full licensing process including submissions and renewals.
• Develop and maintain compliance policies and procedures.
• Conduct audits and prepare reports on compliance status.
• Provide training to employees on compliance matters.
• Liaise with regulators and manage communications for inspections.
• Investigate breaches and implement corrective actions.

Skills

Analytical thinking

Problem solving

Attention to detail

Organizational skills

Communication

Interpersonal skills

Independent worker

Team collaboration

Compliance software

Microsoft Office

Education

Bachelor's degree in Finance/Law/Business Administration

Tools

Compliance management software

Job description

Compliance Officer

Location: Mumbai

Experience: Minimum 2 years

Salary Range: Up to ₹12 LPA

Job Overview

We are seeking a knowledgeable and detail-oriented Compliance Officer to join our team in the broking industry. The ideal candidate will have a minimum of 2 years of experience in compliance roles, with a comprehensive understanding of the full licensing process. This position is crucial for ensuring that our operations adhere to regulatory requirements and internal policies.

Key Responsibilities

• Regulatory Compliance: Ensure compliance with all relevant laws, regulations, and guidelines set forth by regulatory bodies governing the broking industry.
• Licensing Process: Oversee the full licensing process, including application submissions, renewals, and communications with regulatory authorities.
• Policy Development: Develop, implement, and maintain compliance policies and procedures to mitigate risks and ensure adherence to regulatory standards.
• Monitoring and Reporting: Conduct regular compliance audits and assessments, preparing reports on compliance status and identifying areas for improvement.
• Training and Awareness: Provide training and support to employees on compliance-related matters, promoting a culture of compliance within the organization.
• Liaison with Regulators: Act as the primary point of contact for regulatory authorities, managing communications and facilitating inspections and audits.
• Incident Management: Investigate compliance breaches or incidents, documenting findings and implementing corrective actions as necessary.

Experience & Qualifications

• Minimum of 2 years of experience in a compliance role, preferably within the broking or financial services industry.
• Strong knowledge of the licensing process and regulatory requirements applicable to the broking industry.
• Bachelor’s degree in Finance, Law, Business Administration, or a related field.
• Relevant certifications in compliance or regulatory affairs are a plus.

Skills

• Excellent analytical and problem-solving skills.
• Strong attention to detail and organizational abilities.
• Effective communication and interpersonal skills.
• Ability to work independently and collaboratively within a team.
• Proficient in using compliance management software and Microsoft Office Suite.

Why Join Us?

• Opportunity to work in a dynamic and fast-paced environment within the broking industry.
• Competitive salary and benefits package.
• Professional development opportunities and a supportive work culture.