Chief Manager- Enforcement

Job Description

• 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

• Verification of draft minutes, orders of the Committee meetings

• 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

• 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.

• 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

• 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

• 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