Assistant Manager - LLB/CS - BFSI

Location: Mumbai

Qualification : LLB plus CS, only LLB will do, LLB plus CS will do

Exp : 1 to 3 years

Key Responsibility :

- Preparation of cases for placing before relevant authority for deciding suitable disciplinary actions for violations observed during inspection

- Verification of LORA referred by regional offices for placing before the relevant authority. Coordinate with regional offices for discrepancies/ clarifications, if any.

- Preparation of Agenda and presentations for the Relevant Authority ( Committee) meetings

- Coordination with other departments such as Investigation/ ISC for placing cases before the relevant authority for appropriate decision.

- Preparation of minutes of the meetings of Committees

- Drafting minutes of the Committee meetings and seeking approval from the Committee on the same

- Issuance of action letters to members for the disciplinary actions decided by the relevant authority

- Preparation and issuance of the action letters for the disciplinary actions decided by the Committee

- Coordination with regional offices to communicate the decisions of the Committee

- Intimation of penalties to be collected from various members to accounts team

Show cause Notices to members for critical violations :

- Prepare and issue show cause notices to members for critical observations under relevant provisions from SEBI/NSEIL/NSCCL's Rules, Regulations, Bye laws and Circulars

- Coordination with members for reply and clarifications

- Analysis of replies of the member and placing before the relevant authority for appropriate decision.

Review requests of members :

- Analysis of review requests received from members

- Coordination with members and regional offices for additional details and clarifications on the issues raised by the members

- Coordination with legal team for the decision of the relevant authority challenged by members before SAT / Court

- Member queries & Regulatory Compliance

1. Attend to and resolve queries of members regarding the disciplinary actions decided by the Committee

2. Collation of data requests sent by SEBI

3. SEBI Act, 1992; SEBI (Stock Broker & Sub brokers) Regulations 1992; Companies Act, 2013; The Securities Contracts (Regulation) Act, 1956; Securities Laws(Amendment) Act, 2014