Senior Manager - Inspection - Internal Audit

Key Responsibility Descriptive Parameters

A. On site monitoring & supervision of Members

1. Member selection on Annual and Quarterly basis as per SEBI and Exchange defined parameters/guidelines.

2. Monitoring of RO (Regional Office) inspections and ensuring that periodic updates

3. Review and updation of Inspection Checklist on periodic basis with latest regulatory developments.

4. Review and updation of various inspection methodologies on periodic basis.

5. Issuance of Consolidated Circular and updation of compliance calendar on periodic basis.

6. Ensuring monitoring of various periodic submissions on timely basis as per regulatory guidelines.

7. Reviewing the drafting and maintenance of SOPs/policy for respective activities.

8. Review of ROC Agenda/Board Agenda/ PID meeting submission/corporate presentation.

B. Risk based Supervision

Internal Audit Reports

1. Review the financial data filed by the Members, using indicators and ratios and other methods of analysis

2. Evaluation and assessment of risks based on laid down parameters and weights

3. Processing of Internal Audit Reports and placing the agenda for the same in the committee/relevant authority.

4. Identification of red flags and risk contributing factors

Role Description for: - Senior Manager

To oversee and monitor all activities related to on-site inspections. Review of RBS, Inspection checklist and methodologies.

C. Coordination with Regulator/Members association

1. Periodic meetings with Regulator to update concerns, if any in on going inspections

2. Suggestions to SEBI on improvement in regulatory provisions requirements

3. Monthly meeting with members associations to seek feedback/suggestions on ease of compliance for members

D. IT Co-ordination

4. Undertake process improvements and update projects to Business Excellence Team.

5. Monitor the requirement of system enhancement and development request to Inspection IT

6. Conduct periodic review meets with IT and HOD.

7. Co-ordinate with users at regional level for quarterly BCP activities.

8. Create new user in Inspection/internal audit database and other modules in the system

Note: Additional responsibilities may be added from time to time depending on organizational requirements.

VI. Role Holder Requirements

Educational Qualifications: Essential - CS/CA/MBA

Role Requirements:

- Knowledge of financial and capital markets

- Knowledge of statutory requirements applicable to the financial markets

- Excellent analytical skills

- Strong interpersonal skills

- Presentation skills

- Proficiency in MS office

Experience Essential - 10 years of experience

Desired - Relevant experience in financial services