Manager - Compliance

NSE Clearing Ltd.; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

NSE Clearing Ltd. is seeking a Senior Manager for Clearing Corporation Compliance to ensure SEBI inspection readiness and robust compliance governance.

You will interface with regulators, collate information for reports, and coordinate with internal teams to address regulatory queries within defined timelines. The role emphasizes compliance dashboard updates, answering regulatory queries, and maintaining documentation for committee meetings and COE submissions.

Responsibilities

• CC Compliance activities: Timely Monthly, Yearly and Quarterly reporting to Regulator.
• External/Internal Inspection/Audits: Arrangements for inspections/audits; timely, accurate replies; maintain database of replies.
• Meetings: Prepare agendas/minutes for Committee/Board meetings; prepare PPTs; ensure compliance with secretarial standards.
• Code of Ethics: Ensure 100% timely COE submissions; report non-compliances; sharing COE status with HOD; reconcile employee count monthly; ensure data placed before Committee.
• SEBI Circular monitoring: Liaison with internal teams; ensure implementation of SEBI circulars.
• Stakeholder management: Manage internal and external stakeholders; note additions as needed.

Job description

Title

Function

Clearing Corporation Compliance

Reports to – Functionally

Senior Manager

Reports to – Administratively

Senior Manager

Direct Reporting From

N/A

I. Purpose of the role:

To ensure continuous adherence to SEBI Inspection related matters pertaining to NCL

Interfacing with regulators especially SEBI in compliance related matters.

Interfacing with internal departments for the purpose of collation of information for generating reports on compliance related matters, facilitating regulatory queries resolution, etc.

Ensuring adherence to the timelines fixed in regulatory matters, facilitating the conduct of statutory committee meetings, preparing agendas and minutes of such committee meetings.

To support handle regulatory queries within defined timelines, track delays, track non-compliance areas. Escalate the exceptions and recommend operational solutions.

II. Key Responsibilities:

Sr. No.

Key Responsibility

Descriptive Parameters

1

CC Compliance activities

Timely Monthly, Yearly and Quarterly reporting to Regulator.

Monitoring of SEBI Circulars and ensuring creation of Tasks in Compliance Dashboard.

Timely closure of tasks on Compliance Dashboard.

Monitoring Rules Bye Laws changes on a monthly basis in consultation with Legal Team.

Ensuring compliance with SECC regulations and track changes and new compliance requirements.

Timely updating of SEBI Letters/Emails in database and ensue timely compliance and replies.

Display readiness for new Assignments / Projects and show initiatives for automation of activities

2

External/Internal Inspection/Audits

Arrangements for Inspections/Audits

Timely and accuracy in replies to Regulatory Inspections/Audits

Maintaining database of completed and pending replies /clarification on queries

Ensue monitoring compliance with the Observations within timelines and placing before Committee/Regulator and monitoring repeated non compliances.

3

Meetings

Timely preparation of Agenda and minutes for Committee/Board meetings.

Preparation of PPT for the meetings and upload Agenda on Dess

Ensuring compliance with secretarial standards

4

Code of Ethics

Ensure 100% and timely submission of COE (Opening Stock and Quarterly)

Non-Compliances to be reported to HRD

PAN data to be shared with Exchange and Surveillance Team

Sharing of COE submission status with HOD

Reconciliation of employee count monthly

Accurate submission data to be placed before Committee.

Reliving employee clearance under COE

Checking the Trackwizz integration report on daily basis and resolving discrepancies

5

SEBI Circular monitoring

Liasoning with internal teams.

Ensuring implementation of circulars issued by SEBI.

6

Managing the stakeholder internal and external

Note: Additional responsibilities may be added from time to time depending on organisational requirements.

III. Key attributes of the role

Revenue (range) -

Direct/Indirect - None

Range – 0

Budget (range) -

Approver/User - None

Range - 0

Number of people managed:

0

IV. Performance Measures Serial no.

Sr. no.

Performance Measures

Metrics

1.

Financial measures

Not applicable

2.

Customer measures

Not applicable

3.

Internal Processes measures

Adherence to the calendar for conducting inspections on time = 100%

Adherence to defined process and TAT to meet the defined SLAs= 100%

4.

Learning and growth measures

Number of hours of training annually >=40

V. Collaboration – Internal & External Internal Stakeholder

Internal Stakeholder

External Stakeholder

Internal teams

Regulator

VI. Role Holder Requirements Educational Qualifications

Educational Qualifications

Desired – NA

Role Requirements

Knowledge of financial and capital markets.

Knowledge of statutory requirements applicable to the financial markets

VII. Competencies required for the role

Desired rating

Desired rating

Business Acumen

5

Domain Knowledge

5

Innovation and Improvement

5

Interpretation and adherence to Statutory Requirements