Job Title

Department: Risk ManagementPurpose of the Job: The individual will be responsible for identifying potential instances of market abuse such as front running, insider dealing, market manipulation, sharing of information, etc. The aim is to ensure that internal policies and regulatory requirements are complied with and Nippon India’s reputation against legal and regulatory risks is protected.Key Responsibilities:Enhancing existing controls and procedures continuously developing the monitoring programme to address changing regulatory expectations.Participate in periodic risk assessments. Identifying gaps within the process and implementing appropriate controls.Lead and drive projects to implement system based alert generation.Perform transaction surveillance by monitoring price/volume movement in the securities of the Equities and other Asset classes.Investigate and close out alerts thoroughly in a timely manner by way of seeking clarification and information from Investment Teams – Dealers, Fund Managers, Analysts and other functions, as necessary; ensuring significant issues identified are fully investigated and promptly escalated, where necessary.Undertake desk-based monitoring of the Investment functions and preparing reports- for escalating issues.Ensure adherence to Dealing room controls and ensuring all recording and surveillance systems are functional at all times.Ensure voice recording and other electronic records including Chats, Online calls etc. reviewed based on a comprehensive sampling methodology.Prepare MIS reporting and ensure accurate & timely reporting to all stake holders.Role Specific Competencies:Understanding of the regulatory environment relating to market abuse and the current issues/challenges faced is a pre-requisite.Genuine interest in financial markets and market abuse regulation is strongly desired as is the desire to learn.The ability to be flexible and to manage a demanding workload working independently and as part of a team is required as there is scope for more than trade surveillance in this role.Good understanding of Debt & Equity markets, reasonable understanding of SEBI MF guidelines and good communication skills.Formal Experience & Educational Qualification: Postgraduate with 2-5 Years Overall ExperienceAt least 1 year in Trade Surveillance.Experience in roles associated with Equities Trading/ trading other asset classes with Equity broking, securities trading firms, investment banks, etc.