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23 Aug 2022

AIPQ

Chief Manager- Enforcement

Mumbai

12-15 Years

financial markets, capital market, BFSI, Analytical Skills, SEBI, Finance

Job Description

Position: Chief Manager- Enforcement
Qualifications : CS, CA, MBA, LLB 
Experience: 12-15 years
Location: Mumbai

Desired Skills & experience:
  • Collation and finalization of data, Identify the database related issues and get the same fixed after co-ordinating with IT. Raisig monthly IOM for collection of penalty,
  • Verification and review of data as requested by SEBI and/or Internal Auditors from time to time.
  • To contribute in the Automation and Development of MIS generation systems
  • Verification & review of penalty file for inspection cases and raise monthly IOM to accounts for collection of penalty
  • Preparation of cases for placing before relevant authority for deciding suitable disciplinary actions for violations observed during inspection
  • Approval of LORA based on the analysis of the replies made by the Members to the letter of observation.
  • Verification the action sheets based on LORA for placing before the Internal Committee.
  • Presenting the cases before the Internal Committee and handling the queries of the IC with respect to the same.
  • Identification of cases to be placed before MCSGFC and verification of Agenda and presentations (one pager details)
  • Presenting the cases before the MCSGFC and handling the queries of the MCSGFC with respect to the same.
  • Co-ordination with inspection, member compliance, ISC on the MCSGFC actionable and placing the updates before MCSGFC
Preparation of minutes of the meetings of Committees
  • Verification of draft minutes, orders of the Committee meetings
Issuance of action letters to members for the disciplinary actions decided by the relevant authority
  • Verification of action letters for the disciplinary actions decided by the Committee
  • Second Level Approver of penalties to be collected from various members to accounts team
Show cause Notices to members for critical violations
  • Verification of show cause notices to members for critical observations
  • Coordination with members for reply and clarifications and escalations in case of non-submissions
  • Verification of Analysis of replies of the member and placing before the relevant authority for appropriate decision.
Review requests of members, appeal in SAT
  • Analysis of review requests received from members
  • Coordination with members for additional details and clarifications on the issues raised by the member
  • Coordination with legal team for the decision of the relevant authority challenged by members before SAT, Court
Member queries & Regulatory Compliance
  • Attend to and resolve queries of members regarding the disciplinary actions decided by the Committee
  • Verification of data requests sent by SEBI, EOW Enforcement with respect to matters pertaining to non-compliance reported by member with respect to market making
Interactions with internal and External Stake holders
  • To effectively co-ordianate with Inspection/Member Compliance and other regulatory teams to ensure that the functions of enforcement are completed within the specified TATs
  • To interact and attend meetings with SEBI/MIIs and other regualtorys whenever required.
  • Knowledge of financial and capital markets
  • Knowledge of statutory requirements applicable to the financial markets
  • Experience of attending proceedings before Disciplinary Authority of Stock Exchanges, Securities Appellate Tribunal etc.
  • Excellent analytical skills
  • Strong interpersonal skills
  • Presentation skills

23 August 2022

AIPQ

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