JOB DESCRIPTION

Job Title (Role) Team Lead - Compliance

Reports to Compliance Officer and Head Legal

Number of Direct Reportees 4

Vertical 2

Department Legal & Compliance

Function Compliance

Sub Function Compliance

Location Mumbai (BKC)

Position Grade Range Deputy Vice President

JOB PURPOSE

To ensure the organization complies with applicable regulatory requirements and internal policies by effectively monitoring, assessing, and implementing compliance frameworks. The role supports the development and implementation of a robust compliance culture within the depository firm while liaising with regulators and internal stakeholders to manage risk and ensure adherence to statutory obligations.

JOB ROLE

- Ensure timely and accurate filings with SEBI under various regulations including LODR, PIT (Prohibition of Insider Trading), and others.

- Monitor changes in regulatory frameworks issued by SEBI, RBI, and other applicable bodies and initiate implementation.

- Maintain up-to-date knowledge of SEBI circulars and notifications relevant to depository operations.

- Implement, monitor, and periodically review the internal Code of Conduct and Insider Trading policies.

- Maintain trading windows and oversee pre-clearance and disclosures of trades by designated persons.

- Conduct training and awareness programs for employees and designated persons on Insider Trading norms and Code of Conduct.

- Conduct internal compliance reviews and support audits and inspections conducted by regulators.

- Track and close audit findings related to compliance matters in a timely manner.

- Prepare compliance reports for internal stakeholders and the Board/Audit Committee.

- Maintain accurate and up-to-date records of all regulatory correspondences and filings.

- Act as a liaison with SEBI and other regulatory authorities for compliance-related matters.

- Coordinate with internal departments for data collation, report preparation, and compliance implementation.

- Review of Amendments to Rules and Bye-laws to ensure compliance with the SEBI Circulars and Regulations.

- Monitoring and review of the ODR mechanism implemented by our company and its compliance with specific reference to SEBI Circulars.

OTHER REQUIREMENT

- Graduate in Law (LLB)/ Commerce and Company Secretary (CS)

- Certifications related to compliance, financial regulations, or securities laws (e.g., NISM certifications) will be an added advantage.

- Candidates with more than 18+ years of experience in compliance, legal, audit, or regulatory functions in a Market Infrastructure Institution, financial services company, regulatory body, or consulting firm. Preference will be given to candidates with experience in core compliance function of an MII

PERSONAL ATTRIBUTES

- High integrity and professional ethics.

- Strong attention to detail and accuracy.

- Proactive and self-driven with the ability to work independently.

- Sound judgment and decision-making abilities.

- Resilient and able to handle pressure and sensitive situations discreetly.

FUNCTIONAL COMPETENCIES

- Strong drafting and communication skills (verbal and written).

- Proficiency in MS Office (Word, Excel, PowerPoint).

- Ability to manage multiple tasks and meet tight deadlines.

- Willingness to continuously learn and keep updated on regulatory changes.

- Thorough understanding of securities market regulations and compliance frameworks.

- Strong knowledge of SEBI regulations, especially those applicable to MIIs.

- Experience in drafting compliance policies and frameworks.

- Risk identification and mitigation strategies.

- Familiarity with regulatory reporting systems and audit procedures.

BEHAVIOURAL COMPETENCIES

- Integrity & Ethics: Upholds compliance culture and organizational values.

- Analytical Thinking: Able to interpret complex regulations and assess implications.

- Collaboration: Works effectively with cross-functional teams and stakeholders.

- Accountability: Takes ownership of responsibilities and commitments.

- Communication: Communicates clearly with regulators, peers, and senior management.

- Adaptability: Adjusts to regulatory and operational changes swiftly.