Custodian Compliance - Team Lead - Capital Markets

MONEYLICIOUS INVESTMENTS AND CONSULTING SERVICES PRIVATE LIMITED; Mumbai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

MONEYLICIOUS Investments and Consulting Services Private Limited in Mumbai is seeking a proactive compliance professional to lead the custody compliance function for its custodial business, ensuring adherence to SEBI regulations and strengthening internal controls.

You will oversee regulatory filings, risk assessments, and liaison with regulators while mentoring a team handling asset safekeeping, settlements, and corporate actions.

Qualifications

• 6–10+ years of experience in Custodian Compliance or Custody Operations within Indian Capital Markets.
• Prior experience in managing or leading a compliance/operations team.
• Strong knowledge of SEBI (Custodian) Regulations, Depository Rules, FPI Regulations and clearing and settlement processes.
• Understanding of Equity Cash and F&O markets, corporate actions, asset segregation and reconciliation.
• Experience in regulatory reporting, audits and regulatory inspections.
• Strong stakeholder management, leadership and problem-solving skills.
• A self-starter with the ability to independently manage responsibilities and drive compliance initiatives.

Responsibilities

• Oversee regulatory compliance and day-to-day custodial activities in line with SEBI (Custodian) Regulations.
• Lead and mentor the team handling asset safekeeping, clearing, settlement, reconciliation and corporate actions.
• Ensure timely regulatory filings and reporting to SEBI, NSDL, CDSL, NSE, BSE and Clearing Corporations.
• Monitor regulatory developments and ensure implementation of applicable regulatory changes.
• Conduct compliance reviews, internal audits and risk assessments to identify and address compliance gaps.
• Manage regulatory interactions, statutory audits and coordination with internal stakeholders.
• Develop, review and implement compliance policies, SOPs and internal control frameworks.
• Ensure adherence to requirements relating to asset segregation, FPI regulations and client asset protection.

Skills

Regulatory compliance

SEBI Regulations

Custodian ops

Leadership

Stakeholder mgmt

Audits & reporting

Job description

The Corporate - A very large Financial Services Group , with diversified BSFI business including NBFC , Merchant Banking , Direct Equities , Insurance Broking , AMC of PMS , AIF and MF. Now venturing into the Custodian Business

We are looking for a proactive and self-driven compliance professional to lead the compliance function for the Custody Business, ensuring adherence to applicable SEBI regulations, strengthening internal controls and managing regulatory requirements.

Key Responsibilities

• Oversee regulatory compliance and day-to-day custodial activities in line with SEBI (Custodian) Regulations.
• Lead and mentor the team handling asset safekeeping, clearing, settlement, reconciliation and corporate actions.
• Ensure timely regulatory filings and reporting to SEBI, NSDL, CDSL, NSE, BSE and Clearing Corporations.
• Monitor regulatory developments and ensure implementation of applicable regulatory changes.
• Conduct compliance reviews, internal audits and risk assessments to identify and address compliance gaps.
• Manage regulatory interactions, statutory audits and coordination with internal stakeholders.
• Develop, review and implement compliance policies, SOPs and internal control frameworks.
• Ensure adherence to requirements relating to asset segregation, FPI regulations and client asset protection.

Key Requirements

• 6–10+ years of experience in Custodian Compliance or Custody Operations within Indian Capital Markets.
• Prior experience in managing or leading a compliance/operations team.
• Strong knowledge of SEBI (Custodian) Regulations, Depository Rules, FPI Regulations and clearing and settlement processes.
• Understanding of Equity Cash and F&O markets, corporate actions, asset segregation and reconciliation.
• Experience in regulatory reporting, audits and regulatory inspections.
• Strong stakeholder management, leadership and problem-solving skills.
• A self-starter with the ability to independently manage responsibilities and drive compliance initiatives.

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