National Commodity & Derivatives Exchange (NCDEX)

National Commodity & Derivatives Exchange Limited (NCDEX) is a professionally managed on-line multi commodity exchange. It is a nation-level, technology driven de-mutualised on-line commodity exchange with an independent Board of Directors and professional management. It is committed to provide a world-class commodity exchange platform for market participants to trade in a wide spectrum of commodity derivatives driven by best global practices, professionalism and transparency. NCDEX Whatsapp Channel : https://whatsapp.com/channel/0029VaSTYYw65yD2gHyx4E3X

10 Job openings at National Commodity & Derivatives Exchange (NCDEX)
Senior Executive- membership compliance Mumbai 1 - 2 years INR 5.0 - 7.0 Lacs P.A. Work from Office Full Time

Job Purpose To perform activities related to membership compliance of the Exchange and support the team in achieving a no error work environment. Key Result Areas Perform all activities related to new membership application, on-going membership compliance and termination of membership Scrutiny of membership documents ( including legal documents like Agreements / Indemnities / Guarantees etc. ) with regard to new membership applications, change in name of member entity, change in constitution of member entity, change in directorship, scrutiny of Annual Returns and half-yearly submission ( including Audited Financial Statements ) submitted by members etc. Replying to various queries raised by members seeking clarifications on membership rules & regulations. Providing details / data to various other depts. / senior management concerning membership matters. Preparation of notes for seeking approval at appropriate level for various changes in membership status e g change in shareholding / promoter holding pattern etc Performing any other activity as assigned Skills Required Proactive and result oriented Analytical ability and an eye for detail Good execution skills Strong communications skills To share learning and develop/communicate best practice across various groups Satisfy company and national regulatory standards Understanding of annual returns, balance sheet items, L.C. Gupta method of net worth computation can be added advantage

Consultant - IPFT / Business Mumbai 0 - 3 years INR 2.0 - 3.0 Lacs P.A. Work from Office Full Time

Job Purpose: This position is responsible for providing quality and efficient customer service to customers through the daily management which includes managing daily activities, recognizing training, and problem solving. Additionally, the position is responsible for assisting the manager with the development, analyses and implementation of staffing, training, scheduling and reward and recognition programs. Key Accountabilities: Attend Internal and External Training on new systems or software introduced by the Exchange. Resolution of Queries & Complaints Handling first level escalation calls Ensuring that all the documents and request are processed within stipulated timelines. Ensuring compliance with the defined process. Maintaining Records as per the companys policy To collate suggestions & feedback received from the members and take up with HOD/relevant departments for implementation if feasible. Suggest points to be updated on the Process Manuals for all the processes handled by the team. Assist in periodic internal audits and facilitate Audit of records by Internal / External Auditors. Salary offered 25k per month.

Risk Manager - Contractual Pune 4 - 5 years INR 1.5 - 3.5 Lacs P.A. Work from Office Full Time

Job Summary: We are seeking a highly motivated professional to support a key agricultural market and risk management project on a contractual basis for one and a half year. The role involves managing risk management in the agriculture sector, implementing hedging and market-based strategies, analyzing cost impacts, preparing strategic reports, and supporting project activities related to commodity markets, price risk management, and farmer empowerment. The Risk Manager will work closely with Farmer Producer Organizations (FPOs), government bodies, and other stakeholders to ensure the effective execution of the project. Key Responsibilities: Engage in consultations with Farmer Producer Organisations, Farmers, Government officials in agricultural and related departments, exchanges, and other stakeholders of agri supply chain in Maharashtra. Prepare comprehensive strategy, progress, and evaluation reports of project deliverables based on thorough data analysis and stakeholder feedback thoroughly enriched with data visualization, ensuring clarity and relevance. Maintain organized project documentation, progress updates, and ensure timely submission of deliverables. Analyze domestic and international price trends to propose appropriate hedging strategies. Identify, source, and compile relevant datasets (market prices, trades, import-export, mandi arrivals, processing, volume through different trading channels volumes, weather, etc.) and conduct rigorous secondary and primary (survey) data analysis to support project deliverables. Produce high-quality commodity research reports with enriched with data visualization, ensuring clarity and relevance. Identify and address price risk mitigation requirements within FPO systems. Conduct assessments and cost-benefit analyses related to trading, hedging, and market policy initiatives. Design and facilitate training programs and workshops on risk mitigation tools, hedging instruments, and market mechanisms. Skills: Familiarity with both physical and commodity derivatives markets and hedging mechanisms. Demonstrated excellence in technical report writing, policy briefs, and strategic documentation. High level proficiency in MS Excel. Proficiency in data visualisation tools like Power BI, Python, or Tableau. Strong analytical skills with the ability to interpret both primary (survey-based) and secondary data. Knowledge of agricultural production systems, trade and price dynamics, and market risks. Excellent communication skills. Self-starter with strong organizational skills and the ability to work independently and deliver on deadlines.

Vice President / Senior Vice President Trade Operations Mumbai 15 - 18 years INR 35.0 - 50.0 Lacs P.A. Work from Office Full Time

Role & responsibilities Managing and ensuring smooth trading operations including Beginning of Day (BOD) and End of Day (EOD) activities including maintenance of system parameters in core trading and integrated downstream systems at Primary site (Mumbai) and BCP Split site (Jaipur) Ensuring error free contract launch and expiry cycle of futures and options contracts Ensuring compliance towards daily checklist, operational policy and SOPs Sanctioning of Hedge limits to hedgers and monitoring their periodical compliance with the hedge policy. Ensure compliance of Algorithm guidelines issued by the Regulator by members enabled for algorithmic trading. Monitor member terminal status based on risk management and compliance requirements Designing operational flow of new derivative products and ensuring smooth rollout of new functionalities in Trading system and downstream system Enhancing operational control through automation and timely reconciliations of various master and transaction data Monitoring and updating the Business Continuity Plan and Disaster Recovery Policy (BCP & DR) of the Exchange. Coordinating BCM Committee meetings and ensuring BCP compliance Coordinating with the Regulator, ensure submission of timely and accurate information and implementing changes as per SEBI directives. Managing teams at Primary and Disaster Recovery site through advance planning, scheduling and effective coordination for operational efficiency. Participation and effectively driving various projects in coordination with other Exchanges and Regulator. Managing Computer to Computer Link (CTCL) software empanelment and approval, including periodic review of applicable regulatory guidelines, controls, database management. Handling Lease Line operations, including commission of lease lines based on member request or internal Exchange requirement. Ensuring process access management for members through user id management, proprietary enablement based on member request, document management etc. Providing functional requirement, setting up of operational process, recruitment of team, conduct testing etc of other segments like Equity and Equity Derivatives segment Engage, Develop and Retain the team Skills Required Proficiency in Derivatives market Functional Competencies required Analytical and Logical thinking Experience of managing team Knowledge of SEBI Regulations is preferred Drafting and Communication skills Behavioral Skills required Alertness Proactive and quick decision making Integrity and maintaining high level of Confidentiality Discipline towards timeliness and accuracy Process oriented and ability to understand nuances of operations and business Result oriented and good responsiveness to changing dynamics Ability to delegate and motivate team members

Senior Manager/Manager - Secretarial Mumbai 10 - 15 years INR 14.0 - 18.0 Lacs P.A. Work from Office Full Time

Job Purpose: To closely work with the Company Secretary in ensuring compliance with the provisions of the Companies Act, 2013, Securities Contracts (Regulation)(Stock Exchanges and Clearing Corporations) Regulations, 2018 (SECC 2018), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) and the applicable Secretarial Standards Job Responsibilities: Responsible for managing all the functions of secretarial department including those applicable to a listed company under the SEBI LODR Ensuring compliance with all the applicable provisions of the Companies Act, 2013, SEBI regulations / circulars, Secretarial Standards pertaining to company secretarial activities Well versed with the obligations of filing of forms and returns with the Ministry of Corporate Affairs / Registrar of Companies Drafting of corporate policies and SOPs for the Secretarial department, as applicable Ensuring compliance with Code of Conduct Ensuring all relevant registers and records are maintained as prescribed under the provisions of law and to ensure that the same are maintained properly for easy retrieval when required Responsible for convening and conducting all the Board and Board Committee meetings / General meetings of the Exchange and its subsidiaries / trust as required under the SECC regulations / SEBI LODR Regulations/Companies Act, 2013 Ensure timely follow up on the advises of the Board and its committees and ensure placing of a report on action taken on such advises at the next Board/Committee meetings Maintain cordial relationship with the Board of Directors and other stakeholders Contribute effectively for the fund raising activities Handling all the audits for secretarial activities viz. secretarial audit, CG audit, internal audit, SEBI inspection, etc. Provide effective grooming to the team by guiding them on all the relevant secretarial matters, motivate the team for taking initiatives to improve the processes / timely completion of secretarial activities, proper work allocation amongst the team members Knowledge of SAST Regulations, Insider Trading Regulations, SBO and other evolving concepts/regulations/guidelines/ policies applicable to listed companies Guide the management and the Board on the process to be followed for key corporate matters and their implications from time to time Periodically prepare list of critical items for bringing to the attention of the senior management issues that are pending Skills Required: Self-motivated and able to work with large groups of persons working in the organization Ability to work under pressure during and after meetings Analytical ability in detail Functional Competencies required: Logical Reasoning and Attentiveness Pro-active and Result oriented Knowledge and understanding of Exchange ecosystem and operations would be an added advantage Team building Behavioural Skills required: Good execution skills Attention to detail Judgement and Decision Making Planning & Organizing Visioning & Alignment Good communications skills

Deputy Manager Mumbai 4 - 8 years INR 11.0 - 15.0 Lacs P.A. Work from Office Full Time

Role & responsibilities Prepare and implement Enterprise Risk Management framework across the organization. Design and implement robust internal control system Identify, evaluate, and document control weaknesses and deficiencies; and develop recommendations for risk mitigation and improvement. Preparation and maintenance of Risk Registers (RCSA) Conduct regular review of current business processes, identify control gaps and deficiencies and develop recommendations for risk mitigation and improvement of business processes Updating Enterprise Risk Policy accommodating changing regulatory / strategic scenarios to ensure that the policy reflects best practice. Assisting the Principal Risk Owners with the identification of key risks and mitigating controls in their business units, as well as action plans to address any gaps in the mitigating measures identified. Preparing reports for the Risk Committee, Executive Management Team and Board Committees Develop an integrated risk reporting framework enabling focused attention on the critical risks Educational Qualification Graduate in finance /management / risk management or equivalent from a reputed institute. FRM, CFA, CBCP and similar certifications will be preferred Experience 4-8 years experience in similar role Skills Required Knowledge and understanding of Exchange ecosystem and operations Functional Competencies required Principles of risk management Demonstrate strong knowledge of risks identification, assessment and management frameworks. Strong knowledge of control frameworks and the ability to design and evaluate effectiveness of controls embedded within business processes. Knowledge of risk and governance standards such as COSO framework, and Basel Corporate Governance Principles.

Vice President-Technology Group Mumbai 15 - 24 years INR 40.0 - 55.0 Lacs P.A. Work from Office Full Time

Role & responsibilities Understand functional requirement and prepare test plan by providing the test estimations to Delivery Manager Managing designing, documentation and execution of test cases by various testers and allocating the testers within various testing activities Ensuring defect management, Bug fixing and bug reporting are done through bug tracking Software Coordinating with Delivery Manager for release management Monitor process implementation as per defined SOP and Participating in the Internal Audit activities of SOP Test progress reporting to various stakeholders Participating in Exchange Mock Activities Vendor Interaction and Management for new quotations & payments and develop, establish, and enforce quality assurance -measures and testing standards for new applications, products, and/or enhancements to existing applications Ensure that software quality complies with required regulatory standards, industry Standards, and accepted best practices. Determine the selection and appropriate usage of automated test tools for improving testing efficiency. Set clear expectations for the QA team and build redundancy within the team to ensure continuous and uninterrupted operations Guide and train the team on various aspects of the system and build their capability in handling operations independently Set goals, review and provide period performance feedback to the team Coordinating for selection of system auditors for the financial year Finalization of System Audit Scope with System Auditors as per SEBI Circulars Coordinate for budget approvals and payment related to system audit Facilitate the system auditor for timely completion of system audit activities, also co-ordinate with various department for timely closure of the system audit non -conformities and observations Arranging follow on audit in case required with the system auditors Guide all the department in resolving audit queries Communicate audit progress, audit results, and other relevant information to various stakeholders and management, finalization of System Audit report with the auditors Communicating the system audit status and report to SEBI Help compliance team in resolving queries during SEBI Inspection Coordinate with the compliance team for any historic information on system audit as required by SEBI Arranging internal audit within the departments and resolve non-conformance so as to prepare for final system audit Educational Qualification Graduate with CA / MCS/MBA from a reputed university Experience At least 10 years of direct experience managing all aspects of a QA team 8 to 12 years of direct experience in overseeing the design, development, and implementation of quality assurance standards for software testing Skills Required Strong knowledge of system testing metrics, best practices and methodologies. Proven data analysis, data verification, and problem-solving abilities Functional Competencies required Direct hands-on experience with ad hoc query programs, automated testing tools, and reporting software. Extensive practical knowledge in importing data for use in report software, spreadsheets, graphs, and flow charts. Technically fluent in programming languages Good project management skills and/or substantial exposure to project-based work structures.

Senior Manager-Technology Audit mumbai 10 - 15 years INR 18.0 - 30.0 Lacs P.A. Work from Office Full Time

Job Purpose Responsible for ensuring the regulatory compliance of Technology Department Responsible for managing the regulatory audits and inspections of Technology Department Responsible for managing internal audit and process compliance verification of Technology Department Responsible for managing internal and regulatory communications Roles & Responsibilities Management of policies, procedures and governance framework for Technology Department Managing Creation / Modification / Review and management approvals of various policies and process documents of Tech Department Maintenance of Data and Reports related to Technology Compliance Managing Internal process audits of Tech Department Managing the internal Audit activity for System and Network Audit Tracking and ensuring various regulatory submissions and compliances Providing responses for various communications from SEBI and Internal Compliance Team Preparation of agenda notes for various committee meetings Coordinating with InfoSec team for any technical requirements for regulatory compliance of Cyber Security One point of contact for all the regulatory compliances, communication and audit activities. Management of Annual System and Network Audit Managing the auditor selection process along with the management approvals Managing the kick off meeting for commencement of System & Network Audit Managing the activities of System & Network Audit Collation of data for the audit from various departments Arranging Auditors Visit to Data Centres Drafting the initial responses for audit findings and managing the activity of providing management responses for the Draft Audit Report Review of the Final Audit Report Seeking Management Approval for the Final System Audit Report. Preparation of agenda notes for Management Approval Seeking internal certification from Management for the Management of Regulatory Inspections & Audits Assigning ownership for various data submissions of SEBI Inspection Collation of data for the Inspection from various process owners of Tech Department Providing responses to various queries of Inspection Team along with the necessary evidences Arranging walkthrough session for the inspection team, if required. Arranging visit to Data Centres of the Exchange Drafting the initial responses for regulatory inspection & audit findings and managing the activity of providing management responses for the Draft observations Presenting the inspection observations to Management for notation Educational Qualification Graduate / Postgraduate (Any Stream) Preferred CISA/CISM/ISO27001 Experience 12 to 15 years of Experience in the fieldof Internal / Regulatory Auditand Compliance for Exchange Skills Required Exhibit excellent analytical skills Functional Competencies required Executive-level written and verbal communication skills Interpersonal and collaborative skills Must be a critical thinker with strong problem-solving skills Behavioral Skills required Demonstrate ability to succeed withinfast-paced, high-growth environments. Poise and abilityto act calmlyand competently in high-pressure, high- stress situations. Ability to managemultiple projects understrict timelines as well as the ability to work well in a demanding, dynamic environment and meet overall objectives High level of personal integrity as well as the ability to professionally handle confidential matters and show an appropriate levelof judgment and maturity.

Assistant Vice President -Legal mumbai 10 - 14 years INR 18.0 - 25.0 Lacs P.A. Work from Office Full Time

Job Purpose Overall in charge of the Legal department and provide guidance, directions, assistance in execution of functions assigned to the Team Members of Legal department Non-Litigation - To draft and vet various contracts and legal documents, including renewals, extensions and amendments as required by the internal departments and the Group companies as and when required - To provide legal support to internal departments in drafting policies, ensuring all assistance aligns with applicable laws, internal policies, and regulatory directions - To review contracts and documents to identify legal and contractual risks, ensuring thorough risk assessment and propose initiatives and measures to be taken to mitigate above risks from legal perspective To drafting and vet of Exchange policies and process documents on routine basis Litigation - To manage and pursue litigation matters initiated by or against the organization, including liaising with external advocates and solicitors, and briefing them on the matters - To draft and vet various pleadings filed by and against the Exchange in course of pursuing the matter - To coordinate, conduct and prepare the necessary briefing document for the advocates as well as the Counsels To identify and strategize initiatives to be taken to mitigate risk in regard to legal implications of pending and expected litigations impacting the organization in every aspect. Presentation to Governing Board and Exchange Committees - To advise Board/Senior Management on all legal issues including related to applicable regulations, Corporate Laws, Compliance, Risk Management, PMLA, Technology, issues of Group Companies, New Business and Ventures. Take legal opinions from law firms as required. - To Draft, vet, and present legal agenda notes and supporting documents to the Governing Board and Exchange Committees, ensuring timely updates on relevant legal matters To represent the legal department in various committees, providing legal updates and inputs on matters requiring regulatory or legal interpretation Legal Facilitation for Equity and Derivatives Segment - To provide necessary legal support for the introduction of the Equity and Equity Derivatives Segment, ensuring alignment with regulatory requirements and internal governance frameworks - To draft and vet new agreements with vendors to facilitate business expansion, including Technology Development and Maintenance Agreements, amendments to existing Service Agreements, and Service Level Agreements tailored to project needs - To review and vet Share Purchase Agreements, providing legal support in evaluating and finalizing documentation essential for the seamless execution and closure of related transactions - To draft and present responses to regulatory queries and observations concerning the project, ensuring legal accuracy and timely resolution to facilitate smooth regulatory closure Drafting, Vetting and Reviewing Exchange Rules, Bye Laws & Regulations - To conduct periodic reviews of circulars, policies, and statutory directives to assess and incorporate necessary changes into Exchange Rules, Bye Laws, and Regulations - To coordinate regularly with internal departments to identify and evaluate amendments required to maintain regulatory alignment and operational relevance - To participate in meetings with regulatory authorities and present the proposed changes in the Rules and Bye Laws as required in order to get the same approved Statutory/ Regulatory Liaison and Legal Reporting Activities - To liaise regularly with statutory and regulatory authorities to ensure compliance with directives, and represent the organization on legal matters through formal communication such as notices, letters, and official submissions - To draft and vet legal representations and responses to statutory bodies, supporting dispute resolution and regulatory engagement across varied legal issues and entities - To prepare and circulate monthly and quarterly Legal MIS reports including updates on case status, incidental findings, and issuance of No-Objection Certificates (NOCs) concerning legal implications for members - To prepare and present updates to the HOD and the management on various Material litigations, Government Notifications and Circulars - To provide necessary inputs and supports on weekly/monthly and/or quarterly basis to the compliance team on various legal matters.

Vice President - Technology Command Centre mumbai 18 - 21 years INR 35.0 - 50.0 Lacs P.A. Work from Office Full Time

Job Purpose The VP-Operations is responsible for automating the EOD-BOD of existing applications which are manually executed with the help of checklist and streamline the processes of release management. This role requires a wide variety of strengths and capabilities, including: B-TECH/MCA / or Any other graduate with additional certification in relevant field. Experience designing and working with Continuous integration and Continuous deployment/Continuous Delivery Solutions. 12-15 years of experience in tech operations automation in BFSI domain. Exposure to Systems Reliability Engineering(SRE), build/release/deployment automation / release management is preferable Work closely with software engineers and testers to ensure the system is responding properly to no-functional requirements such as performance, security, and availability Strong knowledge of capital markets processes: trading platforms, clearing & settlement, market data, reference data, risk & compliance. Deep understanding of SDLC, Agile, and Hybrid methodologies. Excellent stakeholder management skills with C-level and global teams. Hands-on experience with tools like MS Project, JIRA, Confluence, Clarity, or equivalent. Strong analytical, problem-solving, and communication skills. Key Result Areas Demonstrated Lead end-to-end project lifecycle for large-scale capital markets transformation programs (applications/ infrastructure/ platforms). Define project scope, objectives, governance framework, and success criteria in alignment with business goals. Manage cross-functional teams, third-party vendors, and customers across Front Office, Middle Office, Back Office functions. Exceptional analytical and troubleshooting skills in complex systems environment and applications implementations. Automating the manual EOD-BOD process for end-to-end system continuous improvement and deployment. Ability to identify area of improvements and define the scope of work for application automation or improvement in the operations cycle Exposure to Systems Reliability Engineering(SRE), build/release/deployment automation / release management is preferable Familiarity with Linux and knowledge of Firewall and Port along with TCP and UDP(Multicast) channel. Regulatory Compliance & Partner with development teams and infrastructure teams. SEBI Mock report submission and Resilience Matrix updation. Educational Qualification B Tech / BE / MCA Experience Range 18-21 years Skills Required Linux OS Windows Server OS EOD-BOD Automation via Programming SRE/ Release Management/ CI/CD Implementation Functional Competencies required Should have worked in MII or similar organizations Should have in depth knowledge on operations function of application stack of MII

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National Commodity & Derivatives Exchange (NCDEX)