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Deputy Manager

NSE

1 - 2 years

Mumbai

Posted: 18/06/2025

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Job Description

Group Company: National Stock Exchange Of India Limited

Designation: Deputy Manager

Office Location:

Position description:

 I.      Purpose of the role:

  • To ensure continuous adherence to regulatory norms for new and continuing membership compliance processes
  • To ensure continuous adherence to TATs w.r.t overall activities performed within the Department.
  • To initiate and ensure smooth and timely conduct of various internal and SEBI mandated committee meetings.  
  • To support handle member queries within TAT defined, track delays, analyse trends/ patterns in member queries/ non-compliance areas. Escalate the exceptions and recommend operational solutions.
  • To maintain operational level relationship with regulators and internal interfaces including Regional Office
 II.      Key Responsibilities

S.N.

Key Responsibility

Descriptive Parameters

1.

Regulatory Compliance

·         Effectively monitor various compliance requirements of Members and oversee the regulatory filings by Members.

·         Undertake periodic review of various compliance & operational policies and initiate changes in consultation with relevant stakeholders.

·         Processing of Member applications relating to change in status & Constitution

·         Handling business transfer/merger requests of Members and facilitating all necessary steps/activities necessary for the closure.

·         Handling SEBI/Member enquiries & ensuring timely resolution.

·         Updation of membership database for change in status, details of transfer of membership details.

·         To monitor the continued compliances whether completed on time

·         Continuous interaction with Regional Offices w.r.t Compliance procedures and providing necessary clarifications

·         Updation of membership database for change in status, details of transfer of membership and shareholding/director details.

·         To monitor the continued compliances whether completed on time

·         Continuous interaction with Regional Offices w.r.t Compliance procedures and providing necessary clarifications

2.

System development

(Internal and with SEBI)

·         Ensure continuous improvement in compliances procedures and processed through adequate system development. System development co-ordination and implementation for new requirements.

·         Co-ordination with Technology team for system development for approach finalization.

·         Ensure user acceptance testing and successful implementation.

·         Participation in annual technology requirements planning.

·         Suggest new system development initiatives related to Customer benefit, process efficiency across functions, enhanced compliance, cost/time saving, etc.

3.

Monitoring of Mandatory submissions

·         Monitoring of Half yearly/annual Net-worth submission of the Members and initiate action in case of non-compliance.

·         Computation of Securities Transaction Price Index data & submission to SEBI on quarterly basis

4.

Other compliance activities

 

 

·         Monitoring periodic submissions and compliances of members and taking disciplinary action in case of non-compliance

·         Overseeing the Sign-off for Margin Trading & Client Funding activity respectively

·         Issue Status Report & Membership Certificate upon Member request

·         On-boarding and cancellation of Authorised Persons, Activity Processing Fees, Preparation of monthly/quarterly data, reports, MIS as applicable

About Company

The National Stock Exchange is India’s largest and most prominent financial market. It introduced a fully automated screen-based electronic trading system, bringing efficiency and transparency to capital markets. NSE operates a wide range of asset classes including equity, debt, and derivatives.

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