Manager / AVP - Broking Compliance

ICICI Securities Limited; Mumbai; On-site; INR 1,500,000 - 3,000,000; Full time

Job summary

ICICI Securities Limited seeks a seasoned Compliance Professional to implement the organization’s compliance processes and ensure adherence to regulatory requirements.

You will monitor regulatory changes affecting stock broking, formulate policies, and coordinate with stakeholders to implement required changes. The role requires strong analytical skills, integrity, and a track record of 10–12 years in stock broking compliance.

Qualifications

• Regulations knowledge and analytical thinking for compliance duties.
• Strong organizational and communication skills with proficiency in compliance tools.
• Excellent attention to detail, ethics, and confidentiality.
• Proven integrity and ability to guide internal teams on compliance matters.
• 10–12 years of experience in stock broking compliance (regulatory, audit or risk).
• Experience in providing advisory support on compliance questions.

Responsibilities

• Acquaint with latest regulatory changes affecting the organization and products.
• Take appropriate action arising from regulatory circulars and update/formulate policies.
• Implement regulatory compliances for Stock Broking; ensure end-to-end implementation.
• Ensure timely response to regulators for data requirements and observations.
• Provide policy suggestions to MIIs and feedback on exchange/BBF/ANMI proposals.
• Stay updated on laws and engage with intermediaries for representation.
• Ensure compliance activities align with regulatory requirements and policies.
• Ensure regulatory submissions are made timely.
• Maintain accurate documentation of compliance activities and procedures.
• Provide advisory support on institutional compliance queries.

Skills

Regulatory understanding

Analytical thinking

Cross-functional collaboration

Attention to detail

Communication skills

Stock broking compliance

Education

Master’s Degree in Business/Finance/Law/CA/CS

Tools

Compliance software

Job description

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.

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.

Job Role and Responsibilities

Key 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. 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.
• Knowledge of Institutional Compliance and providing advisory and guidance on queries raised by various stakeholders.

Note:Additional responsibilities may be added from time to time depending on organisational 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 Required:

• The candidate should have understanding of regulations, strong analytical and logical thinking, and ability to engage and influence cross functional teams.
• Skills: Strong organizational, and communication skills. Proficiency in compliance management software and tools.
• Attention to Detail: High level of accuracy and attention to detail in reviewing documentation and assessing compliance.
• Ethics: Demonstrated integrity and ability to handle sensitive information with confidentiality.
• The candidate should have ability of problem solving and provide guidance to internal teams.
• Overall, 10-12 years of experience with Stock Broking in a compliance function managing regulatory compliances.
• Proven experience in compliance, audit, or risk management.