Manager- Surveillance Officer

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Business Descriptor:

Job Summary 

We are looking for Surveillance and Compliance Analyst with expertise in client screening, transaction monitoring and STR filing, well versed with PMLA guidelines, regulatory filings, internal controls, handling regulatory inspection, drafting policies, managing customer complaints, etc.

Core Responsibilities & Duties 

• Monitoring and closure of regulatory, internal and PMLA alerts in compliance with SEBI and Stock Exchange (NSE/BSE) regulations.
• Client screening against various sanction lists.
• Preparation and submission of quarterly MIS Surveillance reports to regulators.
• Co-ordinating with various regulators and handling offsite Inspections of SEBI and Exchanges (NSE & BSE).
• Implement and oversee Anti-Money Laundering (AML) and Know Your Customer (KYC) policies.
• Monitor regulatory developments and implement necessary changes in policies, process and controls.
• Draft and implement Standard Operating Procedures (SOP) as per regulatory requirements.

Mandatory Qualifications & Eligibility 

Education: Bachelor’s degree in commerce, Law etc. or Postgraduate in Capital Market. 

Experience: 

• 8-10 years of overall experience in stock broking compliance and surveillance role. 

• Minimum 4-5 years of hands-on experience in handling regulatory transactional alerts and compliance submissions.

Domain Knowledge: 

• Strong understanding of the SEBI Stock-Broker Regulations, Intermediaries Regulations and Prevention of Money Laundering Act (PMLA). 

• Knowledge of all Exchange Member Portals, Surveillance Portals and FIU portal.

Preferred Skills & Competencies 

• Strong analytical skills and ability to implement the regulatory changes. 

• Integrity and ability to handle sensitive information with confidentiality.

• Excellent communications skills and proficiency in managing Surveillance software. 

• Experience in dealing with various regulators and stakeholders. 

Certifications: 

• NISM – Staff handling KYC – AML – KYC and Customer Due Diligence.
• NISM – Staff handling Transaction Monitoring – AML – Transaction Monitoring and Suspicious Transaction Reporting.

Soft Skills: 

• Ability to notice unusual patterns, inconsistencies or suspicious activities that others might overlook. 

• Evaluating information objectively and drawing logical conclusions. 

Eligibility Criteria

• HISL employees will be eligible to apply to this role after completion of 12 months in the current role/position at the time of application on level transfer and/or promotion.
• Entity Employees (not from HISL) to be guided by their internal policy on tenure completion in current role at the time of application before applying and share line manager approval once shortlisted.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India