Broking Auditor

Key Responsibilities

• Perform internal audits of stock broking operations, including trade execution, client account handling, and regulatory reporting.
• Review compliance with SEBI, NSE, BSE, and other applicable regulatory frameworks.
• Conduct checks on KYC, PMLA, risk management systems, client fund segregation, and margin reporting.
• Audit back-office processes: demat accounts, client ledger reconciliation, and payout/payin mechanisms.
• Verify dealer and terminal operations, order execution procedures, and error reporting.
• Assess the adequacy and effectiveness of internal controls and suggest improvements.
• Prepare detailed audit reports highlighting findings, risks, and corrective action plans.
• Follow up with departments to ensure timely closure of audit observations.
• Stay updated on changing compliance requirements and regulatory updates in broking industry.

Qualifications & Skills

• Bachelor's or Master's degree in Commerce, Finance, Accounting, or related field.
• Professional qualifications like CA, CMA, or CIA preferred.
• 2–5 years of experience in broking audit, internal audit, or compliance in a financial services firm.
• Strong understanding of trading platforms, broking operations, and regulatory environment.
• Working knowledge of audit tools, MS Excel, and financial systems.
• Attention to detail, analytical mindset, and strong communication skills.