1. Legal Advisory:
• Provide legal advice to senior management on all matters affecting the firm, including contracts, corporate governance, and regulatory issues.
• Draft, review, and negotiate a variety of legal agreements such as trading agreements, vendor contracts, and shareholder agreements.
• Manage and oversee litigation, disputes, and external legal counsel.
• Stay updated on relevant laws and regulatory changes impacting the stockbroking industry.
2. Compliance Management:
• Develop and maintain the firm's compliance framework to ensure adherence to all relevant regulatory requirements (e.g., SEBI, RBI, stock exchanges).
• Monitor and ensure compliance with securities laws, anti-money laundering (AML) regulations, and insider trading norms.
• Ensure timely filing of reports and returns with regulatory bodies such as SEBI and stock exchanges.
• Conduct internal audits and investigations related to compliance violations, and implement corrective measures.
3. Company Secretary Duties:
• Manage all company secretarial duties as required under the Companies Act, including organizing board and shareholder meetings, preparing agendas, and maintaining minutes.
• Ensure compliance with corporate governance guidelines.
• Maintain statutory registers and records, and ensure timely filings with the Registrar of Companies (ROC).
• Facilitate proper drafting and approval of board resolutions, agreements, and filings.
4. Regulatory Liaison:
• Act as the primary point of contact with regulatory bodies such as SEBI, the stock exchanges, and other relevant authorities.
• Prepare and submit necessary filings and disclosures in compliance with regulatory norms.
• Represent the company in discussions with regulators and handle inspections, inquiries, and compliance audits.
5. Risk Mitigation & Policy Implementation:
• Identify legal, compliance, and operational risks and develop mitigation strategies.
• Formulate and implement internal policies and procedures in accordance with the legal and regulatory framework.
• Conduct regular training programs for employees on legal and compliance matters.
6. Leadership & Team Management:
• Lead and manage the legal and compliance teams, ensuring clear communication and coordination across functions.
• Oversee the hiring, training, and development of legal and compliance staff.
• Foster a strong culture of legal and regulatory awareness across the organization.
Skills & Qualifications:
• Educational Background:
o Bachelor’s or Master’s degree in Law (LLB/LLM).
o Membership with the Institute of Company Secretaries of India (ICSI).
• Experience:
o 10+ years of experience in legal and compliance roles within the financial services sector, preferably in stockbroking.
o Prior experience of at least 3 years as a Company Secretary is essential.
• Knowledge:
o Strong understanding of securities law, SEBI regulations, stock exchange compliance, corporate governance practices, and AML regulations.
o Familiarity with the Companies Act and relevant legal frameworks in the financial services industry.