Senior Role - Compliance - Institutional Securities

Primary Responsibilities :

- Responsible for leading risk based assurance coverage for India business entities in line with the expectations from key regulators like RBI (relating to Primary Dealer including FX) and SEBI (pertaining to Merchant banking, institutional broker dealer and Research)

- Identify and assess areas of critical and high risks and evaluate the soundness of their controls as part of audits, continuous monitoring and closure verification work in order to formulate a point of view of the control environment

- Drive discussions and ask probing questions to senior business stakeholders to understand risk drivers, control state, and impact

- Plan and execute audits, continuous monitoring and closure verification work on sales, trading and support groups on time and within budget. Provide guidance to junior staff as needed.

- Present observations to line management; lead discussions and finalize issues with senior stakeholders

- Plan deliverables with sufficient budget, time and skill sets for successful delivery while proactively monitoring budgets, resources and key metrics

- Create the messaging of risks and controls in the quarterly pack to senior management

- Develop and maintain relationships with clients and related support groups

- Participate in the annual audit planning process

Skills Required :

- In-depth understanding of the operation of financial markets, financial instruments and strategies, business drivers specific to the Institutional Securities business, and the associated regulatory environment in India

- Strong understanding of regulatory landscape in India alongwith hands on experience of working on regulatory matters as outlined by key regulators like RBI and SEBI

- In-depth understanding of financial instruments including equity, fixed income, derivatives, structure products and other financial products and services

- Demonstrate critical thinking, strong risk and control mindset, good project management skill, strong analytical and problem-solving skills with the drive to develop independent viewpoint and innovative ideas

- Experience in auditing capital market related products, trading and lending.

- Communicate with impact, able to state risk and issues concisely and articulate impact in a structured manner both written and verbally

- Knowledge of key regulations to influence audit work and understand the impact to the business line

- Ability to work globally and across teams

- Ability to handle multiple projects while meeting deadlines with minimal supervision

- Self-motivated, able to work independently, resolve challenging issues with innovative ideas, and demonstrate strong analytical skills

Educational & Professional Credentials:

- 10-12 years of experience in financial services is essential, with a preference for those with experience of auditing sales and trading activities combined with understanding of regulatory landscape and risk management

- Experience in capital market related products preferred