Manager – Stock Broking Operations & Compliance

Designation: Manager – Operations & Compliance
Department: Operations & Compliance
Reporting To: Director / Head – Operations
Location: Ghatkopar Mumbai
Employment Type: Full-Time
Experience: 8–15 Years
Industry: Stock Broking / Capital Markets

JOB DESCRIPTIONManager – Stock Broking Operations & Compliance

Company: Pragya Securities Pvt. Ltd.
Designation: Manager – Operations & Compliance
Department: Operations & Compliance
Reporting To: Director / Head – Operations
Location: [Insert Location]
Employment Type: Full-Time
Experience: 8–15 Years
Industry: Stock Broking / Capital Markets

About the Role

Pragya Securities Pvt. Ltd. is looking for an experienced Manager – Stock Broking Operations & Compliance to manage and strengthen its broking operations, regulatory compliance, audit readiness and internal control framework.

The ideal candidate will have hands-on experience in a stock broking / capital markets setting, with practical exposure to NSE, BSE, SEBI, CDSL/NSDL, regulatory reporting, audits, reconciliations and back-office operations.

This is a hands-on role suited to a professional who understands both day-to-day broking operations and regulatory compliance and can work closely with management and various internal teams.

Key Responsibilities1. Broking Operations

- Manage day-to-day back-office and broking operations.
- Oversee settlements, payouts and transaction-related processes.
- Monitor client account-related operational activities.
- Coordinate with Operations, RMS, Accounts and Depository teams.
- Ensure smooth and timely execution of operational activities.
- Identify operational gaps and implement corrective measures.

2. Regulatory Compliance

- Ensure adherence to applicable SEBI,



NSE and BSE regulations.
- Monitor regulatory requirements and ensure timely compliance.
- Coordinate and manage regulatory submissions and reporting.
- Ensure compliance with KYC, AML and PMLA requirements.
- Maintain appropriate records and documentation for regulatory purposes.

3. CDSL / NSDL & Depository Operations

- Coordinate depository-related operations with CDSL / NSDL.
- Monitor demat-related processes and documentation.
- Ensure accuracy and timely completion of depository activities.
- Coordinate with Depository teams for operational and compliance requirements.

4. Audit & Inspection

- Coordinate SEBI, NSE, BSE, CDSL/NSDL and other regulatory/exchange audits and inspections.
- Coordinate internal and statutory audits.
- Prepare information and documentation required for audits.
- Track audit observations and ensure timely closure.
- Strengthen processes based on audit findings.

5. Reconciliation & Control

- Monitor and review operational reconciliations.
- Ensure accuracy of client and operational records.
- Monitor client ledgers, fund movements and related documentation.
- Identify discrepancies and coordinate timely resolution.
- Strengthen internal controls to minimise operational and compliance risks.

6. Regulatory Reporting & MIS

- Prepare and review regulatory reports and submissions.
- Prepare periodic MIS and management reports.
- Monitor operational performance and compliance status.




- Provide management with relevant operational insights and exception reports.
- Ensure accuracy and timeliness of reporting.

7. SOP & Process Improvement

- Review existing operational processes and identify gaps.
- Develop and improve SOPs and internal controls.
- Standardise operational and compliance processes.
- Identify opportunities for process automation and efficiency improvement.
- Implement corrective and preventive actions.

8. Cross-Functional Coordination

Work closely with:

- Operations
- Compliance
- RMS
- Accounts & Finance
- Depository
- Audit
- Senior Management

Essential Experience

- 8–15 years of relevant experience.
- Strong experience in Stock Broking / Capital Markets.
- Hands-on experience in broking back-office operations.
- Practical exposure to SEBI, NSE and BSE requirements.
- Experience working with CDSL and/or NSDL.
- Experience in regulatory reporting and compliance submissions.
- Experience coordinating exchange/regulatory audits and inspections.
- Strong exposure to reconciliation and settlement processes.
- Working knowledge of KYC, AML and PMLA.
- Experience preparing MIS and management reports.

Pay: ₹125,000.00 - ₹170,000.00 per month

Benefits:

- Provident Fund

Application Question(s):

- How many years of experience do you have in Stock Broking Operations?
- Have you worked with a SEBI-registered Stock Broking Company?
- Do you have hands-on experience with NSE & BSE Operations?
- Do you have experience managing CDSL or NSDL operations?
- Have you coordinated SEBI, Exchange or Statutory Audits?
- Do you have experience in Client Settlement & Reconciliation?
- Are you familiar with KYC, AML and PMLA regulations?

Work Location: In person

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