VIKAS PARASHAR
Indore
Summary
Dynamic compliance and operations leader with extensive experience at Arihant Capital Markets Ltd., driving regulatory excellence and operational efficiency. Expert in AML frameworks and risk management, I have successfully automated back-office functions, enhancing audit readiness and compliance scores. Proficient in SQL reporting, I excel in fostering collaborative environments to achieve strategic goals.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Head- Compiances and Operations
Arihant Capital Markets Ltd.
Indore
10.2023 - Current
- Company Overview: Listed on NSE & BSE
- Ensuring full compliance with all SEBI, NSE, BSE, MCX, NSDL, CDSL, and RBI circulars and directives.
- Oversee KYC, CKYC, PMLA, FATCA implementations, risk-based AML reviews, and STR reporting to FIU-IND.
- Spearhead internal policy creation, SOPs, and audit readiness (SEBI/Exchange inspections).
- Lead surveillance systems for monitoring price manipulation, front-running, and insider trading.
- Collaborate with RMS to manage client exposures, T+5 debit handling, and real-time alerts.
- Manage front-to-back operations in equity, F&O, currency, commodity, IPOs, and mutual funds.
- Drive operational excellence by automating back-office functions and streamlining data flows.
Head – Compliance & Operations
India Securities Pvt. Ltd.
Indore
05.2022 - 10.2023
- Directed end-to-end compliance with SEBI and exchanges, led Depository operations.
- Functioned as primary liaison for regulatory audits, cybersecurity assessments, and system validations.
- Implemented circulars across departments, improving audit scores and turnaround times.
Head – Compliance & Operations
Safal Capital (India) Ltd.
Indore
03.2015 - 04.2022
- Company Overview: formerly MPSE Securities Ltd.
- Handled full operations for Equity, Currency, Commodities, and DP.
- Managed regulatory inspections across SEBI, NSE, BSE, MCX, CDSL.
- Initiated and managed inspection response systems, improving regulatory standing.
- Managed IFSC & India INX-related operational compliance and reporting structures.
Business Analyst – Systems (Capital Market Solutions)
Shilpi Computers Ltd.
Mumbai
09.2014 - 03.2015
- Led software UAT, capital market module testing, and broker-specific implementations.
- Built SQL-based reports and error resolution mechanisms for back-office applications.
Manager – Operations & Back Office
Madhya Pradesh Stock Exchange Ltd. (MPSE)
Indore
10.2008 - 08.2014
- Oversaw complete clearing, settlement, RMS, and surveillance operations.
- Coordinated with SEBI & depositories for regulatory uploads and internal audits.
Senior Executive – Operations
Swastika Investmart Ltd.
Indore
03.2006 - 10.2008
- Managed CDSL DP operations, corporate actions, auction processes, and reconciliations.
- Provided critical audit support during regulatory inspections.
Education
MBA - Finance
Uttaranchal University
Dehradun04-2025
Master of Commerce (M.Com) -
Devi Ahilya University
Indore01.2009
Bachelor of Commerce (B.Com) -
Devi Ahilya University
Indore01.2002
Skills
- Compliance & Surveillance Regulatory Filings AML & PMLA Frameworks SEBI Inspections
- Trade & Operations Risk Management Exchange Reconciliations Settlements
- Depository & KYC Client Onboarding Pledging/Unpledging eDIS CKYC
- System Testing & Integration UAT SQL Queries Back Office Migration
- Automation & Audit Response SEBI/Exchange Interface SOP Development
- Platforms: ODIN, NOW, BOLT, CROSS, CLASS, SHILPI, TechExcel
- Processes: Pledge/Unpledge APIs, Early Pay-in, eDIS, Auto Collateral Systems
- Skills: Advanced MS Excel, SQL Reporting, PowerPoint, Software UAT & System Testing
Key Attributes
- Strategic Thinker | Process-Oriented | Deadline-Driven
- Strong Communication & Team Mentoring Skills
- Adept at Cross-functional Coordination
- High Integrity & Professionalism in Compliance Functions
Certification
- Advanced MS Excel (Professional Level)
- Hardware & Networking (Ongoing)
- Regular participation in SEBI/Exchange training modules and AML/KYC workshops
Languages
English, Hindi, Marathi
Disclaimer
I hereby declare that the above information is accurate and complete to the best of my knowledge. (VIKAS PARASHAR)
Timeline
Head- Compiances and Operations
Arihant Capital Markets Ltd.
10.2023 - Current
Head – Compliance & Operations
India Securities Pvt. Ltd.
05.2022 - 10.2023
Head – Compliance & Operations
Safal Capital (India) Ltd.
03.2015 - 04.2022
Business Analyst – Systems (Capital Market Solutions)
Shilpi Computers Ltd.
09.2014 - 03.2015
Manager – Operations & Back Office
Madhya Pradesh Stock Exchange Ltd. (MPSE)
10.2008 - 08.2014
Senior Executive – Operations
Swastika Investmart Ltd.
03.2006 - 10.2008
MBA - Finance
Uttaranchal University
Master of Commerce (M.Com) -
Devi Ahilya University
Bachelor of Commerce (B.Com) -
Devi Ahilya University
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