About the job:

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 Managemen:

- 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.

Experience:

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

- Prior experience handling Exchange & SEBI audits, operational risk frameworks, and MIS reporting is essential.