MCX - Head - Department - Investor Services (17-20 yrs)

Head - Department - Investor Services

Job Description:

- Selection of Members for Inspection.

- Timely Completion of all on-site Inspections as per selection list.

- Completion of post inspection cases.

- Compliance with Regulatory requirements.

- Improving engagement at internal stakeholder level.

- Carrying out Member's training.

- Ensuring Employee training and development Managing of team.

- Interacting with Regulator and prompt response to their queries.

- Managing System Development for various requirements including Enhanced Supervision and Inspection related applications.

- Managing Investor Services Department - Compliance with Regulatory requirements.

- Ensuring compliance with applicable Regulatory requirements, including those specified in SEBI Act, SEBI (Stock Brokers) Regulations, SEBI (Intermediaries) Regulations, SECC Reg., 2018 and other applicable Acts/Regulations, Circulars, guidelines.

- Inform any mishap / incident to concerned Risk Management team officials on real time basis; identification of potential risks, maintenance of updated Risk Register and devising risk mitigation measures.

- Reviewing the processes / SOPs / check-lists to ensure they are updated.

- Interaction with Regulator for quality inputs on evolving regulatory framework.

- Ensure implementation of risk management framework - creation of Early Warning Signals framework where possible, raising EWS alerts / processing EWS alerts from other MIIs, raising PMLA alerts / STR alerts to Principal Officer based on observed information / suspicions.

- Ensuring quality cross-departmental information exchange and ensuring effective member supervision.

- Proper functioning & coordination of ISCs.

- Handling default related activity and investor claims related thereto.

- Managing Investor Protection Fund (Nodal Officer) - Compliance with Regulatory requirements.

- Proper disbursement of funds to the claimants.

- Committee engagements, IPF Trustee engagements and compliance with the Committee and Trust directives.

- Ensuring utilisation of IPF within compliance requirements.

- Smooth coordination with stakeholders for conduct of investor awareness programs, compliance with SEBI directives.

- Automation in areas as required.

- Ensuring timely and accurate Management Information - through implementation of.

- Ensuring adherence to SECC guidelines.