Job Role : Inspection and Enforcement (Enforcement Inspection)-Assistant Manager

Multi Commodity Exchange of India Ltd. (MCX); Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

MCX in Mumbai seeks an Assistant Manager in Enforcement Inspection who will review inspection reports, ensure files are complete, and prepare Letters of Observation to members. You will coordinate with onsite teams and drive timely action on findings.

The role requires professional qualifications such as CA/CS/MBA/MCOM, and involves detailed analysis, MIS preparation, and liaising with various departments to implement corrective measures. Growth opportunities are highlighted.

Qualifications

• CA/CS/MBA/MCOM qualifications required.
• Ability to analyze inspection data and prepare LO letters.
• Experience with regulatory compliance is desirable.

Responsibilities

• Go through inspection reports and obtain clarifications from onsite inspection teams.
• Verify that inspection files are properly arranged and include supporting data.
• Prepare Letter of Observations.
• Send approved LO to members.
• Follow up with members for LO replies.
• Analyze members replies and seek further clarification if needed.
• Prepare reply analysis and agenda/summary for approval notes.
• Send details of actions to respective departments for implementation.
• Follow up with departments for implementation of actions.
• Prepare detailed MIS and ensure timely reporting.

Education

CA/CS/MBA/MCOM

Job description

You cannot push anyone up the Ladder unless the person is willing to Climb. At MCX we sharpen your career growth path for you to Excel.

Inspection and Enforcement (Enforcement Inspection)-Assistant Manager

CA/CS/MBA/MCOM

6 - 8

Job Responsibilities

• Go through Inspection reports thoroughly and get clarification and details if required from Onsite Inspection teams
• Verify that inspection files are properly arranged and all supporting data / documents are available in the files and send it to next level
• Prepare Letter of Observations
• Send approved Letter of Observation (LO) to members
• Follow up with members for reply to LO
• Analyse members reply to LO and get further clarification if required from members
• Prepare reply analysis based on Letter of Observation and Members reply
• Prepare Agenda / Summary for approval note
• Send details of actions to respective department for its implementation
• Follow up with respective departments for implementation of actions
• Send action letters to the members
• Arrange for meeting with the member if called for personal hearing
• Carrying out post inspection activities as directed by Assistant Manager/ Manager / Senior Manager / Committee
• Prepare detailed MIS as per format in timely manner
• Ensuring adherence to the TAT fixed for each process
• Processing requests for issuance of status report.
• Levying penalty and followup for delay in penalty.
• Tracking other department replies pending.
• Analysis of Inspection Report
• Processing of Appeals received from Members
• Web-site updation
• Replying to members queries with respect to various compliance issues
• Regular checking of websites of other Exchanges / Regulator for new Circulars / guidelines / notifications
• Regular checking of newspapers
• Arranging reply to the requests of other department for status of members
• Complete any work assigned in the department including onsite inspection when needed.

Test There are several opportunities of learning and growth here. Few years from joining the payroll system got automated and this has helped me learn new things. My profile has grown gradually over the years and I feel fortunate to have learnt different aspects of Payroll. My colleagues and superiors have been ever supporting. The environment is very friendly and cooperative which has always motivated me to perform even better

Hemant Salgaonkar

I am most fortunate being a part of this esteemed commodity exchange. My journey so far has been very satisfactory, enriching and fruitful

The working environment provides each and every individual of the team to develop diverse talents and also gives each individual ample opportunity to enhance their abilities and skills

Assistant ManagerFinance & Accounts

Test There are several opportunities of learning and growth here. Few years from joining the payroll system got automated and this has helped me learn new things. My profile has grown gradually over the years and I feel fortunate to have learnt different aspects of Payroll. My colleagues and superiors have been ever supporting. The environment is very friendly and cooperative which has always motivated me to perform even better

Hemant Salgaonkar

I am most fortunate being a part of this esteemed commodity exchange. My journey so far has been very satisfactory, enriching and fruitful

The working environment provides each and every individual of the team to develop diverse talents and also gives each individual ample opportunity to enhance their abilities and skills

Assistant ManagerFinance & Accounts

Test There are several opportunities of learning and growth here. Few years from joining the payroll system got automated and this has helped me learn new things. My profile has grown gradually over the years and I feel fortunate to have learnt different aspects of Payroll. My colleagues and superiors have been ever supporting. The environment is very friendly and cooperative which has always motivated me to perform even better