Compliance Manager - Stock Broking

About the Role
You will be responsible for the end-to-end compliance lifecycle, from product development and marketing approvals to real-time surveillance and regulatory reporting. This is a hands-on role requiring a mix of regulatory expertise, analytical rigour, and a product-first mindset.
What You Will Do
Advertisement & Marketing Approval: Review and provide compliance sign-off on all marketing collateral, social media content, and app notifications.
Liaise with Stock Exchanges (NSE/BSE/MCX) for prior approval of advertisements and ensure adherence to the latest SEBI Code of Advertisement.
Regulatory Intelligence (Circular Management):
Daily tracking of SEBI and Exchange circulars.
Interpret and disseminate impact analysis to relevant departments such as Product, Tech, and Operations.
Drive implementation of new guidelines within specified timelines.
Surveillance & AML:
Monitor and resolve real-time surveillance alerts to detect and report suspicious trading patterns or market abuse.
Oversee the AML/KYC framework, including risk categorization, PMLA reporting (STR/CTR), and periodic audits of the onboarding flow.
Audits & Inspections:
Manage and coordinate Internal Audits, System Audits, and Concurrent Audits.
Act as the primary point of contact for SEBI/Exchange inspections, ensuring data accuracy and timely submission of responses.
Reporting & Filings:
Ensure 100% adherence to the Compliance Calendar covering daily, monthly, quarterly, and annual filings.
Monitor the investor grievance redressal system (SCORES/internal) and drive prompt resolution.
Product Compliance:
Perform Pre-Prod Audits on new features such as F&O, MTF, SIP, etc., to ensure they meet the Compliant-by-Design standard.
Provide sign-off on control testing reports before any feature goes live.
What You Should Have
Mandatory / Core Requirements:
Experience: 4–8 years of relevant experience, preferably in Stock Broking Compliance.
Strong understanding of SEBI regulations, Stock Exchange requirements, and Exchange bylaws.
Hands-on experience with regulatory compliance, reporting, audits, and inspections.
Strong exposure to NSE/BSE/MCX regulatory requirements.
Good understanding of PMLA, AML/KYC and regulatory reporting.
Ability to independently manage compliance activities and projects.
Strong analytical and problem-solving skills.
Ability to work closely with Product, Tech, Operations, and other business teams.
Qualification: CA/CS/MBA/Finance/Commerce or a relevant professional qualification.
Good to Have:
Prior experience with SEBI.
Experience in Fintech/Digital Broking.
NISM certifications.
Experience in Advertisement/Marketing approvals with Stock Exchanges.
Experience with Product Compliance / Compliant-by-Design frameworks.
Exposure to real-time surveillance and market abuse monitoring.
Experience handling SEBI/Exchange inspections independently.
Experience across multiple jurisdictions or regulatory frameworks.

Work arrangement
No