Position

Location

Qualification

Age Limit

Vice President/ Senior Vice President – Audit, Inspection and Compliance

Mumbai

MBA, CA, CS, ICWA or equivalent professional qualification

50 Years

Role:

- The role will be responsible for leading the Audit, Inspection & Compliance function including surveillance and strengthening regulatory compliance, risk-based supervision and monitoring of Depository Participants (DPs) and Registrar & Transfer Agents (RTAs), redressal of investor grievances and stakeholder engagement across the organization.

Key Responsibilities:

- The role will oversee various sub functions including audit and inspection of activities of DP/RTA supervision, surveillance and analytics, AML/PMLA compliance, investor grievance redressal monitoring, regulatory responses, support for board and statutory committees, process automation and stakeholder management.

Audit, Inspection & Compliance:

- Lead and manage the Audit, Inspection & Compliance function with respect to monitoring of DPs and RTAs of the Depository.
- Plan and conduct risk-based inspections of Depository Participants (DPs) and RTA.
- Assess adequacy and effectiveness of internal controls, operational processes and compliance frameworks of DPs and RTAs.
- Identify regulatory and operational gaps and recommend corrective and preventive actions.
- Monitor implementation and closure of inspection observations and compliance deficiencies.
- Support regulatory inspections and reviews conducted by SEBI and other authorities.

DP/RTA Supervision:

- Supervise regulatory compliance of Depository Participants.
- Monitor adherence to SEBI regulations, circulars, operational guidelines and depository requirements.
- Review inspection findings and recommend appropriate supervisory and enforcement actions where required.
- Strengthen participant monitoring and risk-based supervision mechanisms.

Regulatory Compliance & Governance:

- Handle coordination and closure of inspections conducted by Regulators.
- Prepare compliance reports, dashboards, regulatory submissions and management updates.

Surveillance, Data Mining & Analytics:





- Lead surveillance and data mining activities aimed at identifying unusual, suspicious, non-compliant or high-risk transactions and participant behaviour.
- Develop risk-based monitoring frameworks using data analytics, exception reporting and management information systems.
- Analyse transaction patterns, operational incidents, compliance breaches and emerging risks.
- Support regulatory supervision and decision-making through data-driven insights and trend analysis.
- Drive automation and technology-based monitoring solutions to strengthen surveillance effectiveness.

Anti-Money Laundering (AML) & PMLA Oversight:

- Function as Principal Officer under the Prevention of Money Laundering Act (PMLA).
- Oversee implementation and monitoring of AML/CFT policies and procedures.
- Review alerts, investigations, and Suspicious Transaction Reports (STRs).
- Coordinate with FIU-IND, SEBI, law enforcement agencies and other authorities on AML-related matters.
- Conduct awareness and training programmes on AML and regulatory obligations.

Investor Grievance Monitoring:

- Oversee investor grievance monitoring and redressal mechanisms.
- Monitor complaint resolution timelines and service standards.
- Analyze complaint trends and recommend systemic improvements.
- Coordinate with Depository Participants and internal stakeholders for timely resolution of investor complaints.

Regulatory Orders, Enforcement Actions & Information Requests:

- Coordinate compliance with directions, orders, advisories, and enforcement actions issued by SEBI and other statutory authorities.
- Oversee responses to Requests for Information (RFIs), regulatory inspections, investigations, and statutory queries.
- Act as a nodal point for collection, verification, and submission of information sought by regulators and enforcement agencies.




- Maintain monitoring mechanisms to ensure timely compliance with regulatory directives and reporting obligations.
- Liaise with regulatory, statutory, and law enforcement authorities on matters relating to supervision, compliance and investigations.

Board & Committee Support:

- Serve as Convenor to Statutory Committees as assigned.
- Review agenda papers, presentations, compliance reports, and regulatory updates.
- Track implementation of committee and board decisions.
- Provide independent assessments on regulatory, compliance, surveillance, and governance matters.

Process Improvement & Automation:

- Drive automation and digitization of audit, compliance, surveillance, investor grievance, redressal and monitoring activities.
- Develop management dashboards, exception reporting systems and risk indicators.
- Strengthen governance and control frameworks through process improvements and technology adoption.

Stakeholder Management:

- Liaise with SEBI, FIU-IND, Depository Participants, Stock Exchanges, auditors and other stakeholders.
- Represent CDSL in regulatory meetings, industry forums, working groups and stakeholder consultations.
- Support strategic and regulatory initiatives impacting the depository ecosystem.

Qualifications/ Experience:

Qualifications:

- MBA, CA, CS, ICWA or equivalent professional qualification from a reputed institution.
- Minimum 15 years of progressive experience in financial services / capital markets, with significant exposure to senior leadership or functional head roles.
- Strong understanding of SEBI regulations, governance frameworks, market infrastructure operations, investor grievance mechanisms, and risk oversight.
- Proven ability to lead, mentor and build high-performing teams with solid ethical and performance orientation.
- Experience with Market Infrastructure Institutions will be preferred.
- Age Criteria: The candidate should not be more than 50 years of age as on Sep 01, 2026.

Current CTC and Expected CTC to be mentioned clearly. Please email your resume, mentioning the position applied for in the subject column at : [email protected]

📌 Vice President/ Senior Vice President – Audit, Inspection and Compliance (Mumbai)
🏢 CDSL
📍 Mumbai