Objective:

Provide strategic and operational guidance to senior leadership across the business and aiding them to manage legal issues. Develop and oversee compliance of regulatory guidelines and internal policies. Evaluate the efficiency of control and improve the same continuously.

Responsibilities:

- The Head of Legal and Compliance provides strategic and operational guidance to senior leadership across the business and aids them to manage legal issues.

- Develops and oversees compliance of regulatory guidelines and internal policies.

- Evaluates the efficiency of control and improves the same continuously.

- Engages with Inspection officials of various Regulatory Authorities / Exchanges and co-ordinates audits (both internal and external).

- Drafts / vets representations, replies, and submissions made to Regulatory Authorities, Exchanges, and Government Authorities.

- Engages with several regulatory and empanelled advocates to provide robust views on matters demanding legal understanding.

- Manages regulatory risks, if any, raised by or against the company, establishes a sound corporate governance framework, and provides transactional support in all business initiatives including in client dealing and regulatory liasioning at various levels.

- Validates the regulatory and compliance requirements for the new business initiatives and product launches and business compliance as applicable.

- Provides compliance coverage and ensures as a SEBI registered Intermediary complies with all its regulatory requirements and Internal Policies.

- Develops and implements an effective compliance program, creates sound internal controls, and monitors adherence to them.

- Drafts / revises company policies and proactively audits processes, practices, and documents to identify weaknesses and evaluate business activities to assess compliance risk.

- Manages External and Internal auditors and Inspection officials and confirms closure of observation or exceptions raised by the officials.

- Educates and trains employees on regulations and industry practices.

- Addresses and assists other function queries on compliance regulatory requirement and all exchange related queries.

- Seeks clarification from Exchanges on regulatory compliances.

- Provides assistance for all compliance functions, stays abreast with the changes in the Regulatory requirements, and updates management of the same.

- Ensures implementation of the regulatory compliance including timely dissemination of circulars and changes in Acts, Byelaws, Regulations, Rules, Guidelines, etc.

- Works in close co-ordination with various departments for ensuring all compliance requirements with respect to Stock Broking, Depository Operations, PMS, Investment Advisory & Research Analyst services of the Company.

- Coordinates and works closely with various internal departments with respect to regulatory inspections and audits conducted by SEBI, Stock Exchanges, and Depositories.

- Drafts and finalizes KYC documents for stock broking/Depository/ Portfolio Management and ensures that the document is in line with the regulatory requirement.

- Ensures that all regulatory / exchange reportings are correctly reported within the prescribed timelines.