Compliance - Institutional Equities

Purpose of the role:

We are looking for a seasoned Compliance Officer to oversee regulatory adherence and provide compliance guidance to our Institutional Equities business. The role demands a proactive, detail-oriented professional who can independently manage regulatory interactions, advise the front office, and ensure the firms operations align with SEBI, NSE/BSE, and global institutional standards.

Experience: 8+ years

Qualifications: Company Secretary/ MBA/ CA/ /LLB

Functional Responsibilities / KPIs :

Regulatory Oversight & Interface

• Ensure adherence to SEBI (Insider Trading, and Stock Broker) regulations and circulars issued by NSE/BSE.
• Represent Nuvama during SEBI/Exchange inspections and respond to regulatory queries in coordination with operations, Legal and Risk teams.

Business Compliance Support

• Act as a trusted advisor to the Institutional Equities team, including Sales, Dealing, on day-to-day compliance matters.
• Provide timely compliance approvals to Operations and Risk Team

License & Registration Management

• Maintain and manage licenses and registrations for institutional brokers, and sales personnel as per SEBI and exchange requirements.
• Ensure timely application, renewal, and record-keeping for NISM certifications, SEBI registrations, and related regulatory filings.
• Monitor changes in regulatory guidelines impacting broking business licensing and implement necessary compliance controls.

Digital Recordkeeping & Audit Trail Systems

• Proficient in using electronic compliance repositories (e.g., SharePoint, Archer GRC, or in-house systems) for maintaining audit trails of regulatory filings, internal approvals, and licenses.
• Ability to manage version control and metadata tagging for compliance documents.

Policy & Controls

• Draft and update policies and Standard Operating Procedures (SOPs) in line with changing regulations.
• Ensure business processes are aligned with internal compliance frameworks and regulatory expectations.

Training & Certification

• Conduct regular compliance trainings and regulatory updates for institutional business employees.
• Monitor NISM certifications and registration requirements for dealers and other key personnel.

Documentation & Reporting

• Maintain comprehensive records of compliance approvals, regulatory communications, audit reports, and policy documents.
• Prepare MIS and reports for internal stakeholders and regulators.

Functional competencies:

• Deep knowledge of Indian capital market regulations.
• Strong communication and interpersonal skills to engage with senior management and regulators.
• Ability to interpret complex regulations and apply them pragmatically in business scenarios.
• Familiarity with tools like NSE SMART, CERSAI, STR filing portals.