Assistant Manager/Deputy Manager - Membership Compliance - CS - BFSI

Key Responsibilities :

1. Portfolio I: New membership and Additional Segment Registration (NSEIL & NSCCL)

- Facilitate conducting of Membership Recommendation Committee (MRC) and Membership Selection Committee (MSC) meeting.

- Prepare offer letters and demand advice to be sent to the MSC approved members.

- Send the application to SEBI for registration of the member after detailed due diligence and compliance checks as per the internal policies.

- Approvals for membership in additional segment for the existing members of NSEIL and NSCCL

2. Portfolio II: Sub-broker related activities

- Process application pertaining to registration, cancellation, change in affiliation, change in address, change in status and change in constitution of sub-brokers.

- Reconcile the records with SEBI for sub-broker renewal fees.

- Uploading the details on SEBI portal and updation of membership database w.r.t. sub-broker details.

- Facilitate conducting of Sub-broker Recommendation Committee (SRC) meeting.

3. Portfolio III: Surrender of membership /Voluntary Disablement /Re-enablement related activities

- Process applications pertaining to total surrender /Segmental Surrender/ Voluntary Disablement and re-enablement of Membership.

- Send the application to SEBI for surrender of membership after due diligence and compliance checks as per the internal policies.

- Issue of Public Notification and refund/blocking deposits of the member and release of the deposits after the lock-in period.

- Updation of membership database for change in status, details of surrender of membership and FDR details.

4. Portfolio IV: Continuing membership related activities

- Grant NOC/ Prior approval/Fee Clearance for Change in Name/ Transfer of Membership / Upgradation/Merger or Amalgamation/Change in shareholding or Directors of the member after due diligence and compliance checks as per the internal policies and SEBI Rules & Regulations..

- Enable the member on the Exchange in the new name/code/status.

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

5. Portfolio V: Other compliance activities

- Monitor and Implement Orders passed against the members by SEBI / SAT etc.

- Scrutinize the Advertisements to be issued by the members to ensure compliance with all regulatory norms.

- Monitor Networth of the Members and initiate action in case of non compliance

- Daily and Monthly Sign-off for Margin Trading and Client Funding activity respectively

- Issue Status Report and Membership Certificate based on Member request

- Process Members request for trade through other members

Need a CS candidate having 1 - 6 years of experience into compliance.

Location : Ahmadabad (Gift City)

Salary offered: 9 - 15 LPA