Job Description
The Role:
Role: Authorised Person Audit
Individuals are responsible for conducting audits of Authorized Persons (AP) of stockbrokers.
Meaning of AP: It is an individual or entity appointed by a registered stockbroker to facilitate trading and related activities on their behalf. They act as an intermediary between the stockbroker and clients.
Key Responsibilities:
- Review and understand the audit requirements for Authorized Persons (APs) in accordance with SEBI and stock exchange regulations.
- Plan the audit route and finalize arrangements of outstation routes
- Develop a structured audit plan, prioritizing key compliance areas. Coordinate with the Authorized Person for scheduled audits
- Conduct examination of scheduled AP’s whether they are adhering to regulatory guidelines.
- Identify non-compliance issues and recommend co...
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