Manager (Broking Operations & Compliance

Bengaluru - India

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Role Overview:

The Manager will manage daily broking operations regulatory compliance risk monitoring and coordination with exchanges and depositories. They will support senior leadership in achieving SEBI NSE BSE MCX and Depository compliance ensuring smooth and controlled operations from Day 0.

Key Responsibilities

1. Broking Operations Management

Manage front office mid office and back office operations

Oversee trade lifecycle settlements RMS surveillance and depository activities

Ensure operational readiness as per SEBI & Exchange norms

Liaise with NSE BSE MCX CDSL/NSDL and Clearing Corporations

2. Compliance & Regulatory Oversight

Implement and monitor compliance with SEBI Exchange PMLA and Depository regulations

Draft and maintain SOPs compliance manuals and risk control policies

Prepare and coordinate regulatory submissions audits inspections & reporting

Ensure strong adherence to KYC AML and PMLA guidelines

3. Risk Management

Monitor margins exposure client-level risks and surveillance alerts

Implement strong risk frameworks and operational control checks

Ensure fraud prevention breach reporting and timely escalation

4. Client & Governance Support

Handle investor grievance redressal processes

Support governance-related documentation and audit preparedness

Maintain 100% compliance across systems and procedures

Eligibility Requirements (SEBI & Exchange aligned)

Mandatory Certifications

NISM Series VII: Securities Operations & Risk Management (SORM) Required for roles handling broking operations settlements and risk management. Covers trade lifecycle clearing & settlement risk controls and compliance.

Preferred Certification:

NISM Series III-A (Securities Intermediaries Compliance Non-Fund) Required for Compliance Officer roles under SEBI if the candidate is to be considered for future compliance responsibilities.

Experience Requirements:

5 10 years of experience in stock broking capital markets clearing & settlement or compliance

Strong hands-on experience in: o Market operations o KYC / AML / PMLA processes o SEBI Exchange & Depository regulations o RMS & Surveillance o Handling audits inspections & regulatory reporting

Prior experience as Manager / Assistant Manager / Senior Executive in Operations or Compliance preferred 3. Fit & Proper Criteria (SEBI Intermediaries Regulations)

Candidates must meet:

High integrity clean regulatory record

No criminal charges fraud or SEBI/RBI/IRDA restrictions

Strong financial integrity (not bankrupt/insolvent)

Proven professionalism and ethical conduct

Key Skills:

Strong understanding of securities markets and compliance frameworks

Expertise in broking operations & risk management

Ability to set up processes from scratch in a new broking environment

Excellent communication with regulators exchanges & stakeholders

Detail-oriented analytical and proactive problem solver

Ability to work in a fast-paced startup environment

Why Join

Be part of the founding operations team of a new-age brokerage

High responsibility autonomy and strategic impact

Build systems controls and processes from Day 0

Role Overview: The Manager will manage daily broking operations regulatory compliance risk monitoring and coordination with exchanges and depositories. They will support senior leadership in achieving SEBI NSE BSE MCX and Depository compliance ensuring smooth and controlled operations from Day 0...