Chief Financial Officer - Broking Firm

This role requires expertise in SEBI, NSE, and BSE regulations, along with hands-on experience in budgeting, financial planning, and investor relations. The CFO will play a key role in driving sustainable financial excellence in a fast-paced fintech environment.

About the Company:

It is a stock broking firm that is redefining the retail trading experience in India through an intelligent, tech-driven platform. Focused on simplifying equity and derivatives trading, the company blends data science and AI to empower investors with real-time insights and efficient execution. Led by a team with deep expertise in fintech, capital markets, and consumer tech, the firm emphasizes strong regulatory compliance with SEBI, NSE, and BSE norms. Its mission is to make investing more accessible, transparent, and secure for the everyday trader. As the business scales, it is looking for a CFO to drive financial leadership, ensure governance in a highly regulated environment, and support its continued growth in the Indian retail broking space.

Roles and Responsibilities:

Financial Strategy & Capital Management

- Drive long-term financial strategy aligned with the business model of a retail brokerage

- Lead capital planning, allocation, and scenario modeling for product expansion and risk mitigation.

- Provide financial insights to support new offerings like derivatives, margin funding, and proprietary trading.

- Ensure sustained financial health with an emphasis on transaction volumes and regulatory capital requirements

Regulatory Compliance & Governance

- Ensure full compliance with SEBI, NSE, BSE, CDSL/NSDL, and other regulatory frameworks

- Serve as the senior liaison with regulators, exchanges, depositories, statutory auditors, and inspection teams

- Interpret and implement regulatory circulars and broker guidelines to mitigate compliance risks

- Oversee company-wide adherence to governance standards and regulatory protocols

Brokerage Finance & Reporting

- Supervise core financial operations including client fund segregation, margin requirement tracking, and capital adequacy reporting.

- Oversee timely and accurate FRR submissions and other broker-specific financial statements

- Maintain accurate computation and reporting of net worth and liquidity as per exchange norms

- Drive accuracy in revenue recognition, brokerage accounting, and fund flow reporting

Risk Management & Controls

- Design and monitor internal controls to safeguard client funds, proprietary assets, and cash flows

- Lead readiness for internal, SEBI, and exchange audits through strong documentation and compliance practices

- Implement tools for real-time monitoring of regulatory KPIs and exposure limits

- Evaluate and manage financial risks related to market volatility and operational dependencies

Technology & Process Integration

- Collaborate with product and tech teams to align finance systems with trading and back-office platforms

- Lead automation initiatives in reporting, reconciliations, and compliance workflows

- Ensure financial and compliance controls are system-embedded to prevent leakage and process gaps

Leadership & Stakeholder Communication

- Build and lead a high-performance finance and compliance team with a focus on accountability and agility

- Promote financial discipline and regulatory awareness across business functions

- Engage with the Board and investors through structured reporting on financial metrics and regulatory posture.

- Manage strategic relationships with external stakeholders including banks, rating agencies, and compliance vendors

Requirements

Qualifications:

- CA with 1525 years of experience, including prior CFO/Head of Finance role in a SEBI-regulated retail broking firm

- Strong expertise in financial strategy, capital markets, and regulatory financial planning within brokerage operations

- In-depth knowledge of SEBI, NSE, BSE, and depository compliance norms; hands-on experience with inspections and audits

- Proven ability to manage financial operations including client fund segregation, capital adequacy, and brokerage reporting

- Track record of implementing risk controls, audit readiness, and finance-tech automation in trading environments

- Effective leadership, stakeholder management, and board-level communication skills in high-growth financial settings