Deputy Vice President - Regulatory

Jainam Broking Limited

Location:

Jainam House

Department:
Regulatory - JBL

Employment Type:

Permanent

Closes On: 24 Dec, 2026

The Deputy Vice President (DVP) – Compliance Officer will be responsible for overseeing and managing the entire compliance framework of the stock broking business. The role involves ensuring adherence to SEBI, NSE, BSE, MCX, CDSL, NSDL, FIU-IND, PMLA, and other regulatory requirements, while driving a strong compliance culture across the organization.

The incumbent will act as a key liaison with regulators, exchanges, depositories, auditors, and internal stakeholders, ensuring that all business activities are conducted in accordance with applicable laws, regulations, and internal policies.

• Ensure compliance with all applicable regulations issued by SEBI, NSE, BSE, MCX, CDSL, NSDL, FIU-IND, and other regulatory authorities.
• Monitor regulatory circulars, notifications, and legislative changes and implement necessary compliance measures.
• Develop, review, and update compliance policies, SOPs, manuals, and internal controls.
• Provide compliance guidance to business units on regulatory and operational matters.

• Supervise timely submission of regulatory reports, returns, audits, and certifications.
• Manage exchange inspections, regulatory audits, and compliance reviews.
• Coordinate responses to observations raised by exchanges, depositories, and regulators.
• Monitor compliance with trading operations, client onboarding, margin reporting, investor grievances, and risk management regulations.

• Oversee Anti-Money Laundering (AML) and Prevention of Money Laundering Act (PMLA) compliance framework.
• Ensure proper customer due diligence (CDD), KYC verification, enhanced due diligence, and transaction monitoring.
• Review alerts generated through AML systems and ensure timely reporting of suspicious transactions.
• Coordinate with FIU-IND and regulatory agencies on AML-related requirements.

• Monitor surveillance alerts and identify potential regulatory breaches.
• Review insider trading, market manipulation, front-running, and other suspicious trading activities.
• Coordinate with surveillance, RMS, dealing, and operations teams for regulatory investigations.
• Ensure closure of surveillance observations within prescribed timelines.

• Oversee statutory and regulatory filings with exchanges, depositories, and regulatory bodies.
• Ensure maintenance of statutory registers, records, and compliance documentation.
• Support Board and Committee meetings through compliance reporting and governance updates.

• Lead Internal Audit, Concurrent Audit, System Audit, and Regulatory Audit compliance.
• Track audit observations and drive timely closure of compliance gaps.
• Coordinate with external auditors, regulators, and consultants during inspections.

• Identify emerging compliance and regulatory risks.
• Conduct periodic risk assessments and compliance reviews.
• Recommend corrective actions and preventive measures to strengthen controls.
• Establish compliance monitoring mechanisms across all branches and business units.

• Lead and mentor the compliance team.
• Allocate responsibilities and monitor performance against compliance objectives.
• Conduct compliance training and awareness programs for employees, authorized persons, and business partners.

• Zero major regulatory violations or penalties.
• Timely completion of regulatory filings and reporting obligations.
• Effective closure of audit and inspection observations.
• Strong AML, KYC, and surveillance compliance framework.
• Successful handling of…