Lead-Compliance

Shriram Asset Management; Mumbai; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Shriram Financial Services is seeking a Lead - Compliance for Mumbai location. The role requires 10–15 years of experience with CA/LLB qualifications, overseeing regulatory compliance, governance, and reporting within the stock broking/capital markets domain.

The incumbent will act as Compliance Officer, monitor SEBI regulations, ensure timely filings, implement KYC/AML norms, and coordinate audits while advising business teams to maintain high governance standards.

Qualifications

• Regulatory and governance framework knowledge for broking operations.
• Experience with SEBI regulations, exchange by-laws, circulars and guidelines.
• KYC and AML norms implementation and advisory support.

Responsibilities

• Ensure compliance with SEBI and stock exchange requirements.
• Oversee regulatory filings and disclosures to SEBI and exchanges.
• Monitor surveillance to detect market abuse and insider trading.
• Develop and implement compliance policies, SOPs and internal controls.
• Coordinate internal audits, system audits and regulatory inspections.
• Provide compliance advisory to business, sales, operations and tech teams.
• Maintain governance standards and liaise with regulators and auditors.

Skills

Regulatory compliance

SEBI regulations

Governance

Audit coordination

Education

CA/LLB

Tools

Regulatory reporting systems

Job description

Dear Candidate,

We are looking for Lead -Compliance for Mumbai Location.

Company Name : Shriram Financial Services (Formerly Known as Way2Wealth)

Location : Andheri

Experience : 10 to 15 years

Qualification : CA/LLB

Lead Compliance

Role Description

Responsible for ensuring full compliance with all applicable regulatory, statutory, and internal policy requirements governing the broking business. The role involves overseeing compliance frameworks, regulatory reporting, surveillance, inspections, and advisory support to business teams while maintaining high standards of governance, ethics, and regulatory discipline.

Job Responsibilities

Regulatory Compliance & Governance

• Ensure compliance with SEBI regulations, stock exchange by-laws, circulars, and guidelines applicable to stock broking operations.
• Act as the designated Compliance Officer as per SEBI and exchange requirements.
• Monitor regulatory developments and assess their impact on business operations.

Regulatory Reporting & Filings

• Oversee timely and accurate submission of regulatory filings, disclosures, and periodic reports to SEBI, stock exchanges, and depositories.
• Coordinate responses to regulatory queries, notices, and inspections.

Surveillance & Monitoring

• Implement and oversee trade surveillance mechanisms to detect market abuse, insider trading, front running, and other irregular activities.
• Review alerts, investigate exceptions, and escape issues as required.

Policies, Procedures & Advisory

• Develop, update, and implement compliance policies, SOPs, and internal control frameworks.
• Provide compliance advisory support to business, sales, dealing, operations, and technology teams.
• Ensure proper implementation of KYC, AML, and client onboarding norms

Audit & Inspections

• Coordinate internal audits, system audits, and regulatory inspections.
• Track audit observations, ensure timely closure, and report status to senior management and the Board.

Training & Awareness

• Conduct periodic compliance training and awareness programs for employees, dealers, and authorized persons.
• Promote a strong compliance culture across the organization.

Stakeholder Management

• Liaise with regulators, exchanges, depositories, auditors, and internal stakeholders.
• Prepare compliance MIS, dashboards, and reports for senior management and the Board.

Professional Background

• Graduate/Postgraduate in Commerce, Law, Finance, or Management.
• Professional qualification such as CA / LLB preferred.
• 1015 years of experience in compliance within the stock broking or capital markets industry.
• In-depth knowledge of SEBI regulations, exchange compliance, and surveillance systems.