Member Oversight (Inspection)

Dear Candidate,

Greetings!!

Kindly find the Job Description for the Member Oversight (Inspection)

Role and Responsibilities:

• Conducting inspections:

  Performing on-site inspections of brokerage firms, trading platforms, to examine their activities, systems, and operations.

• Compliance monitoring:

  Evaluating the compliance of market participants with relevant stock exchange rules, regulations, and securities laws.

• Documenting findings and preparing reports:

  Collecting and analyzing data, documenting inspection findings, and preparing detailed reports that highlight any non-compliance instances or areas that require improvement.

• Investigating complaints and market irregularities:

  Responding to complaints related to trading practices, market misconduct, or non-compliance with regulations, and conducting thorough investigations to identify and rectify any breaches.

• Reviewing trading activities:

  Assessing trading activities and patterns to identify any suspicious or fraudulent activities and taking appropriate actions.

• Identifying risks and recommending improvements:

  Identifying potential risks, loopholes, or areas of concern in trading operations and suggesting recommendations or implementing measures to mitigate those risks.

• Collaborating with regulatory bodies and stakeholders (including MIIs):

  Liaising with relevant regulatory bodies, such as securities commissions or financial authorities, to share information, coordinate efforts, and ensure consistent enforcement of regulations

• Providing guidance and training:

  Offering guidance and advice to market participants, brokerage firms, and listed companies on compliance matters and hosting training sessions to promote awareness and understanding of regulatory requirements.

• Keeping up to date with regulations:

  Staying informed about the latest developments in stock exchange regulations, securities laws, and market practices to ensure inspections and recommendations are aligned with current standards.

• Participating in industry initiatives:

  Engaging in industry working groups or committees to contribute to the development of new regulations or industry best practices.

• Managing SEBI Circulars:

  Keep updated on SEBI circulars and ensure compliance within the organization.

Preferred Skills:

• Knowledge of stock exchange regulations, securities laws
• Strong analytical skills and attention to detail
• Excellent communication and report writing abilities
• Should be conversant with capital markets and its operations.

Regards,

Yashashree Wagle