Posted By
Posted in
Banking & Finance
Job Code
414730
Quarterly selection of members for inspection visits :
- Collate exchange data to assess risk and categorize members into different buckets.
- Prioritize members, and prepare quarterly inspection calendar/schedule as per selection criteria approved by Exchange/SEBI.
- Draft approval note and share inspection dates with respective regional inspection teams.
- Co-ordinate for visit date to member office and prepare the intimation letter to member.
Onsite inspection/ compliance visits :
- Conduct inspection on members- site as per the inspection calendar for the quarter following a pre-approved checklist.
- Draft the inspection report for the member.
- Expand the scope of inspection beyond the pre-approved checklist after consulting manager.
- Prepare the preliminary observation sheet for the inspection and schedule the closure meeting between the member and manager
- Verify the inspection report prepared by the maker (another AM).
- Conduct compliance visits for new members/ brokers to acquaint them to the compliance requirements and inspection process.
- Escalate matters like non co-operation of member/delay in furnishing data to the respective Manager
Post inspection activities :
- Collect feedback from members of all regions on the inspection visits conducted.
- Send the letter of observation to the member after the inspection report is approved internally and follow up with member for reply.
- Follow up through telephone/email/reminder letter for seeking reply to letter of observation issued. Escalate non-compliant members to Manager
Activities post member reply to the letter of observation :
- Prepare the reply analysis note after receiving the members reply.
- Schedule ICMA (Internal Committee for Minor Action) meeting, as per convenience of members, prepare the agenda for the meeting, and carry out administrative arrangements for the same.
- Present the case of the member and preparation of draft minutes of Committee meeting.
- Coordinate for organizing of the Disciplinary Action Committee (DAC), as per requirement.
- Draft and send the action intimation letter to the member communicating the monetary penalty imposed / interim direction provided/ warning given to the member after finalisation of minutes of the committee meetings.
- Prepare review analysis note if a member requests for review of the decision taken by committee meetings.
Data collation and analysis for daily reports and adhoc requests :
- Collate data to cater to the request raised by external regulators like SEBI and various internal departments within NSE.
- Collate and analyse data from other exchanges and internal NSE departments for Monthly Development report, Monthly Activity report, SEBI annual/ half yearly report to be sent to SEBI.
- Collation of data to be displayed on website as regards action initiated against member
Need a CA having 1 - 6 years of experience in Internal Audit
Location : Ahmedabad (Gift City)
Salary offered: 9 - 15 LPA
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Posted By
Posted in
Banking & Finance
Job Code
414730