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About Jio BlackRock Broking Private Limited
JioBlackRock Broking Private Limited is a wholly owned subsidiary of Jio BlackRock Investment Advisers Private Limited, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock Inc. JioBlackRock Broking combines JFSL’s digital reach and platform capabilities with BlackRock’s global investment experience to provide a simple, transparent and digital-first investing experience for Indian investors. The platform is launching in beta with stocks, ETFs and IPOs, while helping more Indians move from saving to investing with confidence.
Job Title: Principal Officer, Jio BlackRock Broking Private Limited
Location: Gift City
Role Overview
The Principal Officer (PO) is accountable for overseeing the overall activities performed by the Company’s business in GIFT IFSC. The PO will ensure robust governance, investor protection, and regulatory liaison and end-to-end operational management of the Company’s capital market activities in GIFT IFSC. This role ensures strict adherence to IFSCA regulations and master circulars, while facilitating the business development and efficient functioning of the IFSC business.
The Principal Officer will supervise daily operations, act as the primary regulatory liaison, and ensure that the Company functions within a compliant, well-controlled framework, effectively balancing regulatory mandates with business objectives.
Roles & Responsibilities:
- Oversee governance and operational management of the Company's activities within GIFT IFSC, ensuring adherence to all applicable IFSCA regulations and circulars.
- Act as the primary point of contact with IFSCA, stock exchanges, depositories, and other regulatory authorities, including managing regulatory submissions, inspections, audits, and inquiries.
- Ensure effective implementation and ongoing monitoring of AML/CFT, KYC, sanctions screening, transaction monitoring, and client onboarding and client due diligence frameworks.
- Supervise day to day financial operations, including client money management, remittance processing, trade settlements, reconciliations, and operational risk controls.
- Oversee the establishment and maintenance of policies, procedures, and internal controls covering operational and regulatory functions.
- Supervise strict segregation of client assets and funds in line with regulatory guidelines.
- Supervise client onboarding processes and ensure adherence to customer identification, risk assessment, and ongoing monitoring requirements.
- Coordinate closely with business, product, technology, and operations teams to facilitate new product launches, support integration with vendors.
- Coordinate with auditors and facilitate timely and act on remediation of audit observations.
- Oversee periodic regulatory reporting, statutory filings, certifications, and disclosures required under IFSCA and other regulatory frameworks.
- Establish and sustain a compliant operating environment that supports growth while maintaining rigorous governance and control.
- Ensure periodic Money Laundering and Terrorist Financing (ML/TF) risk assessments are conducted, and appropriate mitigation controls are implemented across the business.
- Provide appropriate reporting and escalation to the Board and senior management regarding material operational, regulatory and business matters.
Qualifications:
- Professionally qualified individual and a member of ICAI / ICSI / ICMAI, or holder of a post-graduate qualification or diploma (minimum one year) in finance, law, accountancy, business management, commerce, economics, capital markets, banking, insurance, actuarial science, fintech, science, technology, engineering, or mathematics from a recognized institution; or qualifications such as CFA, FRM, or any other certification approved by the Authority and experience with minimum 3 years of experience in the financial services market; or
- Graduation degree from a recognized university in any field from a university or an institution recognized by the Central Government or any State Government or a foreign university and experience with minimum 5 years of relevant financial services market experience.
- Must complete certificate course “Regulatory Framework for Capital Market Intermediaries in IFSC (ICSI)” or “Regulatory Framework for Capital Markets Intermediaries and Listing Requirements of IFSCA” (ICAI) as prescribed by IFSCA.
- Must complete “Certification Course on Anti-Money Laundering and Counter-Terrorist Financing in the IFSC” by NISM as prescribed by IFSCA.
Preferred Experience :
- Extensive experience in capital markets operations, compliance, AML/KYC, risk management, and regulatory affairs within a regulated financial services environment is preferred.
- Strong expertise in capital market regulations with focus on IFSCA regulations, AML/CFT requirements, FATF guidelines, customer due diligence, capital market regulations, and corporate governance structures.
- Demonstrated ability to manage complex compliance and operational processes with accuracy, discipline, and strong attention to detail.
- Strong analytical and problem-solving capabilities with the ability to interpret regulations and provide practical compliance guidance to business teams.
- Excellent stakeholder management and communication skills, with the ability to work effectively across business, compliance, risk, operations, and technology functions.
- High standards of integrity, accountability, and regulatory judgement with the ability to balance compliance requirements while supporting business objectives and strategic growth initiatives.
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