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RKSV Recruitment 2021 - Surveillance Compliance Specialist - Mumbai Apply soon

Last modified: 30 Dec 2021 12:47:07 GMT

Full time

Role : Surveillance Compliance Specialist

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SkillSet: compliance, forms, administrative support, analysis, banking.
Surveillance Compliance SpecialistMumbai
Mumbai Legal Compliance
Full- time
About Upstox:
Upstox (RKSV Securities India Pvt. Ltd.)is one of India's leading Discount Broking companies which enables investors and traders to trade in Stock Market and Commodities exchange at a fraction of market price with our state- of- the- art trading platform. We are backed by investors such as Mr. Ratan Tata and Kalaari Capital. We are currently one of the three fastest stock broking companies in India , and have the ambition to be the No 1. We have a team of highly skilled technology and finance professionals , and are currently looking for highly motivated field experts to be part of our high- energy team based in Mumbai.
Position: Surveillance Compliance Specialist
About Team:
Surveillance team is responsible for the design , implementation , and oversight for a suite of surveillance's designed to detect behaviors that may violate regulatory rules or internal policies and procedures. When potentially anomalous behavior is detected , the team is responsible for escalating the activity and working collaboratively with partners across the first and second lines of defense to determine the appropriate resolution of the matter.
The candidate will be responsible for analysis of trade surveillance alerts on a post- trade basis and escalation of day- to- day exception reports.
Key Responsibilities
- Creating , enhancing and implementing surveillance scenarios and conducting surveillance reviews.
- Improving surveillance tools and applications by coordinating with technology on the timely implementation of enhancements and proactively addressing potential issues.
- Gathering , reviewing , investigating and analyzing trade data as well as responding to regulatory inquiries from each of the major regulatory bodies (e.g. SEBI / NSE/ BSE/ MCX). The response process includes compiling all requested documentation , analyzing the results to identify potential issues , escalating potential risk issues to the appropriate coverage areas and providing input on potential corrective action plans designed to address issues that are identified.
- Participating in ad- hoc requests , special projects and regulatory exams directed by other organizations within the compliance or legal departments.
- Performs basic , preliminary surveillance for trading in specified products
- Monitoring trading activity in markets to detect anomalies by reviewing electronically generated alerts
- Conduct analysis to identify potential risks for the Firm and escalate relevant matters to a designated senior as appropriate
- Perform historical research and review of alert trends and exceptions reported
- Identify improvement areas and opportunities for automation
- Secondary responsibilities will include handling of regular compliances of NSE/ BSE/ MCX depositories.
- Keep abreast of trading system updates and products to implement effective surveillance oversight.
- Stay informed of global regulatory and market structure changes that may affect the scope of existing surveillance program
Experience Required: 4 to 7 Years of Relevant experience in similar Industry
Technical Requirements:
- Experience in Exchange Trade regulatory framework
- Understanding of trade products (intermediate/ expert knowledge)
- Understanding of trade life cycle (intermediate/ expert knowledge)
- Understanding of market abuse and fraud practices in trade products
- Experience of working on SMARTS or similar Trade surveillance system is an advantage.
- Experience of undertaking trade alerts review , investigations and disposition
- Experience in AML related operations including KYC / due diligence / screening / transaction monitoring is added preference
Other skills:
- The candidate must be proactive , possess strong communication (verbal and written) skills and analytical skills.
- Strong working knowledge with MS Excel , MS Word and Macros / Visual Basic
- Be self- directed , with the ability to proactively identify and analyze problems
- Have good organization skills with the ability to work towards and meet deadlines
- The candidate must be detail- oriented , organized and assertive
- Exchanges / Institutional experience desired
Skills Required:
- Knowledge of Compliance laws , rules , regulations , risks and typologies
A general understanding of securities trading and corresponding regulations with proven ability to prioritize and manage multiple projects
Excellent research and analytical skills in addition to a technical aptitude
Excellent written and verbal communication skills
Must be a self- starter , flexible , innovative and adaptive
Demonstrated interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
Proficient in MS Office applications (Excel , Word , PowerPoint)
The candidate should be adaptable to change and willing to work in a fast paced environment with a positive attitude
Advanced analytical skills
Demonstrated knowledge in area of focus
Qualification Required: CA / MBA

Desired Profile

7 Years



How to Apply

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Application End date. 31 Mar 2022

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