Manager / Senior Manager – Regulatory Inspection OR Clearing

Job Purpose

The role is responsible for conducting inspections of Business Partners (BPs) and ensuring adherence to applicable regulatory requirements, policies, and guidelines stipulated by SEBI, NSDL, and other relevant regulatory authorities.

The position will also be responsible for monitoring compliance, identifying process gaps, ensuring timely closure of inspection observations, regulatory reporting, and supporting continuous improvement of inspection and compliance processes.

Key Responsibilities

Conduct periodic inspections of Business Partners and ensure timely completion and submission of inspection reports.

Monitor and follow up on inspection observations and ensure timely submission and closure of subsequent compliances by Business Partners.

Manage the end-to-end process of monitoring, receiving, reviewing, and following up on periodic submissions from Business Partners as per the Compliance Calendar.

Identify process gaps, control weaknesses, and opportunities for improvement in existing processes.

Ensure adherence to applicable SEBI, NSDL, KYC, and other regulatory requirements.

Develop a strong understanding of the KYC framework and other relevant application and process compliances.

Monitor, review, and process inspection-related alerts and ensure appropriate action within defined timelines.

Prepare MIS and periodic reports for management and ensure accurate and timely reporting.

Manage regulatory reporting and ensure compliance with applicable submission timelines.

Coordinate with various internal departments to develop and enhance system controls, processes, procedures, and training initiatives.

Proactively follow up with Business Partners to ensure accurate and timely submission of all required compliances.

Interact and coordinate with SEBI, MIIs, and other regulatory stakeholders on inspection and compliance-related matters.

Maintain appropriate documentation and records of inspections, observations, compliances, and regulatory submissions.

Work closely with internal and external stakeholders to resolve compliance issues and ensure effective implementation of corrective actions.

Contribute to continuous improvement of the overall inspection and regulatory compliance framework.

Candidate Profile

Must Educational Qualification

CA / CS / MBA / LLB / LLM

Experience

1–6 years of relevant experience in Regulatory Compliance, Inspection, Capital Markets, Stock Broking, Depository, KYC, or related functions.

Candidates with experience in dealing with SEBI, NSDL, MIIs, Business Partners, or regulatory audits/inspections will be preferred.

Functional Competencies

Good understanding of SEBI / NSDL regulations, guidelines, and compliance requirements.

Sound knowledge of KYC framework and related regulatory requirements.

Basic understanding of capital markets and related processes.

Strong analytical and problem-solving skills.

Excellent attention to detail and ability to identify compliance gaps.

Ability to review regulatory requirements and ensure effective implementation.

Good knowledge of MS Office, particularly Excel and PowerPoint.

Ability to prepare MIS, management reports, and regulatory submissions.

Strong documentation and reporting skills.

Behavioural Competencies

Excellent written and verbal communication skills.

Strong interpersonal and stakeholder management skills.

Ability to interact confidently with senior officials of Business Partners.

High level of ownership, integrity, and accountability.

Proactive approach towards identifying and resolving compliance issues.

Strong follow-up and coordination skills.

Ability to work independently as well as collaboratively with cross-functional teams.

Ability to manage multiple activities and deliver within defined timelines.

Other Requirements

Willingness and flexibility to travel across India as required for conducting inspections and meeting Business Partners.

Candidate should be comfortable with frequent travel within India based on business and inspection requirements.

Should be comfortable interacting with internal and external stakeholders at various levels.

Ability to work effectively under time-sensitive and regulatory-driven requirements