We are seeking an experienced and detail-oriented Senior Manager Regulatory Inspection & Compliance (Onsite) to lead and execute onsite inspections of exchange members in accordance with SEBI and Exchange regulatory frameworks. The role involves planning, coordinating, and conducting regular and special-purpose inspections, analyzing regulatory data, preparing inspection reports, and ensuring timely closure of observations.

The ideal candidate should possess strong expertise in regulatory compliance, inspection processes, stakeholder management, and financial analysis while maintaining close coordination with exchange departments, regulatory bodies, and exchange members.

Key Responsibilities:

Inspection Planning & Coordination

- Ensure timely issuance of Letters of Intimation to members for Regular Inspections and Special Purpose Inspections as per the approved annual inspection plan.

- Schedule inspections in coordination with exchange members and ensure adherence to timelines.

- Share inspection data requirements, Pre-Inspection Questionnaires (PIQ), and related documentation requirements with members.

- Follow up with members to ensure timely availability and submission of inspection-related data and documents.

Onsite Inspection & Regulatory Review

- Conduct onsite inspections at member locations as per the planned inspection schedule and scope.

- Execute inspections based on approved regulatory checklists, operational guidelines, and compliance frameworks.

- Perform Special Purpose Inspections mandated by SEBI or other Exchange departments, wherever applicable.

- Collect, review, and verify relevant documents and records during inspections to assess compliance and operational effectiveness.

- Ensure inspections are completed accurately and within defined timelines.

Data Analysis & Compliance Assessment

- Coordinate and collate inspection-related information from various departments of the Exchange.

- Analyze data received from Exchange departments and members to identify compliance gaps, irregularities, and risk areas.

- Review operational, financial, and compliance-related information to support regulatory findings and recommendations.

- Apply strong understanding of accounting, auditing, and financial statement analysis while evaluating inspection observations.

Reporting & Documentation

- Prepare Field Observation Sheets and obtain member responses during inspections.

- Draft inspection reports and submit them for review and verification to the next level of authority.

- Resolve queries raised by the post-inspection team regarding inspection findings and reports.

- Prepare and maintain detailed Inspection MIS reports in a timely and accurate manner.

- Provide inspection-related data, reports, and documentation as required by SEBI or other regulatory

authorities.

Member & Stakeholder Management

- Address and resolve member queries related to regulatory circulars, inspections, and compliance requirements through meetings, email communication, or discussions.

- Maintain effective coordination with exchange departments, regulatory authorities, and members to ensure smooth execution of inspection activities.

- Build professional relationships with members to facilitate efficient inspection processes and regulatory compliance.

Regulatory Compliance & Governance

- Ensure all inspection activities are conducted in compliance with SEBI regulations, Exchange circulars, and regulatory guidelines.

- Stay updated with changes in regulatory requirements and ensure proper implementation during inspections.

- Support regulatory governance initiatives by identifying risks, recommending corrective actions, and strengthening compliance standards.

Required Candidate Profile:

- 10-14 years of relevant experience in Regulatory Inspection, Compliance, Audit, Financial Supervision, Risk Management, or Exchange Operations, preferably within Capital Markets, Stock Exchanges,

Regulatory Bodies, BFSI, or Financial Services.

- Strong understanding of SEBI regulations, Exchange compliance frameworks, inspection

methodologies, and enforcement standards.

- Hands-on experience conducting onsite inspections, regulatory reviews, and compliance assessments.

- Strong knowledge of accounting, auditing, and financial statement analysis.

- Experience in report preparation, MIS management, and regulatory documentation.

- Excellent analytical, communication, stakeholder management, and problem-solving skills.

- Ability to coordinate with multiple stakeholders and manage regulatory inspections independently.

Key Skills:

- Regulatory Inspection & Compliance

- SEBI & Exchange Regulations

- Onsite Audit & Member Inspection