Securities Back Office Risk & Control

The Securities Back Office Risk & Control professional will be responsible for overseeing operational risk management internal controls regulatory compliance and audit coordination within the stock broking environment. The role demands a keen understanding of back-office operations SOAX and ACM management and MIS reporting to ensure seamless functioning and adherence to regulatory standards.

Key Responsibilities:

Audit & Compliance

• Coordinate and handle various audits including Internal Statutory PMS SEBI and Exchange Inspections.
• Ensure timely closure of audit observations and maintain compliance with regulatory and exchange requirements.
• Conduct RCSA (Risk and Control Self-Assessment) and operational risk reviews across departments.
• Evaluate internal processes against regulatory checklists and recommend improvements supported by analytics.
• Lead and manage regulatory reporting and compliance assurance activities.

Operational Risk & Control

• Execute Operational Risk Assessments for multiple business units to identify assess and mitigate risks.
• Implement and monitor operational risk control measures and governance checks.
• Track and ensure timely resolution of risk events audit points and process deviations.
• Support automation initiatives aimed at strengthening control frameworks and reducing manual interventions.

SOAX & Access Control Management

• Oversee SOAX (System of Assessment of Controls) activities quarterly reviews updates and testing.
• Conduct independent testing of control points and ensure compliance across departments.
• Guide and train team members on SOAX and control documentation.
• Manage Access Control Management (ACM) systems in line with ISO and internal security policies.

MIS & Reporting

• Prepare and publish MIS reports to senior management covering trade activities exceptions and risk indicators.
• Analyze customer grievance data and propose preventive control measures.
• Maintain dashboards and reports highlighting operational risks audit status and compliance performance.

Projects & Process Improvement

• Participate in process improvement projects UAT testing and system upgrades to enhance back-office efficiency.
• Ensure adherence to TATs for project deliverables and maintain quality documentation.
• Collaborate with cross-functional teams to streamline reporting audit and compliance processes.

Key Skills & Competencies:

• Strong understanding of stock broking back-office operations.
• Expertise in operational risk management and process audits.
• Sound knowledge of RCSA SOAX toolkit and ACM systems.
• Analytical mindset with proficiency in MIS preparation and data analysis.
• Strong communication and stakeholder management skills.
• Familiarity with SEBI / Exchange guidelines and audit frameworks.

Technical Proficiency:

• Applications: CLASS SAP ICOFR SOAX
• Tools: MS Excel MIS Dashboards Regulatory Portals

Experience:

• 10 years of experience in the Stock Broking / Financial Services industry preferably in Risk & Control or Back-Office Operations.