Assistant manager - ap compliance

Nuvama Group · Maharashtra, India

Key Responsibilities
Plan and conduct periodic inspections of Authorized Persons (APs) and branches as per Exchange and SEBI regulatory requirements.
Follow up with external auditors for closure of audit observations and reports.
Track closure of inspection observations and ensure timely implementation by APs.
Ensure timely communication and follow-up on audit and compliance matters.
Submissions of regulatory reports to the exchanges.
Verify compliance with Exchange circulars, SEBI regulations, and the Stock Broker's internal policies.
Prepare detailed inspection reports with observations, risk ratings, and corrective action recommendations for APs and Branches.
Liaise with Business, Operations, Other teams and Exchanges for AP and Branch related activities.
Respond to operational and business-related queries on a day-to-day basis.
Maintain inspection documentation and evidence for regulatory review.
Monitor new SEBI and Exchange circulars and update inspection checklists accordingly.
Support regulatory inspections and provide information requested by Exchanges and SEBI.
Open to travel for AP and branch audits.

Experience: 3 to 5 years
Qualification: Any Post Graduate

Required Skills
Strong knowledge of SEBI, NSE, and BSE regulations governing Stock Brokers and Authorized Persons.
Experience in compliance, audit, inspection, or risk management.
Analytical and report-writing skills.
Ability to identify regulatory and operational risks.
Good communication and stakeholder management skills.
Proficiency in MS Excel, Word, and Power Point.
NISM certifications relevant to compliance and securities markets are desirable.