Position Overview: We are seeking a diligent Compliance Officer with a minimum of 2 years of experience in the trading sector. The ideal candidate should possess a strong background in internal audit and client on boarding procedures. As a Compliance Officer, you will be responsible for ensuring that our company operates in accordance with regulatory standards and internal policies to mitigate risks and maintain integrity within our trading operations.
Key Responsibilities:
- Internal Audit: Conduct regular internal audits to assess compliance with regulatory requirements and internal policies. Identify areas of non-compliance and implement corrective actions.
- Client On boarding: Oversee the client on boarding process, including KYC (Know Your Customer) procedures, to ensure compliance with regulatory requirements and mitigate the risk of money laundering and other financial crimes.
- Regulatory Compliance: Stay updated on relevant laws, regulations, and industry best practices pertaining to the trading sector. Interpret regulatory requirements and advise management on necessary actions to ensure compliance.
- Risk Management: Identify compliance risks associated with trading activities and implement measures to mitigate these risks. Work closely with other departments to address compliance-related concerns and develop solutions.
- Training and Education: Provide training and educational resources to employees regarding compliance requirements, internal policies, and best practices in the trading industry.
- Reporting: Prepare regular reports on compliance activities, including audit findings, compliance metrics, and recommendations for improvement. Present these reports to senior management and regulatory authorities as necessary.
- Monitoring and Surveillance: Utilize monitoring tools and surveillance systems to detect potential instances of market abuse, fraud, or other compliance violations. Take appropriate action to investigate and address any identified issues.
- Collaboration: Collaborate with other departments, including Legal, Risk Management, and Operations, to ensure a cohesive approach to compliance across the organization.
- Continuous Improvement: Continuously evaluate and improve compliance processes and procedures to enhance efficiency and effectiveness. Stay abreast of emerging trends and technologies in compliance management within the trading sector.
Qualifications:
- Bachelor's degree in Finance, Business Administration, or related field. Graduate / Post Graduate in Law from a reputed institute with a good academic record
- Minimum of 2 years of experience in compliance roles within the trading sector, with a focus on internal audit and client on boarding.
- Strong understanding of regulatory requirements applicable to trading activities, including but not limited to securities regulations, anti-money laundering (AML) laws, and market conduct rules.
- Excellent analytical skills with the ability to interpret complex regulatory requirements and apply them to practical situations.
- Effective communication skills, both written and verbal, with the ability to convey complex information clearly and concisely.
- Detail-oriented with a commitment to accuracy and precision in compliance-related tasks.
- Ability to work independently and collaboratively in a fast-paced environment, prioritizing tasks effectively to meet deadlines.
- Proficiency in MS Office applications and compliance management software.
If you meet these qualifications and are passionate about ensuring compliance within the trading industry, we encourage you to apply for this position. We offer competitive compensation and opportunities for professional development and growth within our organization.
Location Goregaon West, Mumbai
Offered Compensation:
Holidays will be provided as per the NSE holiday calendar.
Hours of work: Monday to Friday 10:30 AM to 07:00 PM & Saturdays 5-6 hours
In-hand salary offer between Rs. 30,000-40,000/month depending on past experience and last drawn salary (upon verification)
