Manager - Trade Surveillance

The role is responsible for ensuring compliance with SEBI (Prevention of Insider Trading) Regulations and overseeing related policies and processes for a listed company and SEBI registered intermediary. The individual will draft, update, and disseminate policies and FAQs, manage the approval system for employee trading, and address employee queries regarding trading activities. They will also analyze employee trades to detect violations and take corrective action. Additionally, the role involves managing conflict of interest policies and systems, ensuring proper documentation, and presenting violations or policy changes to senior management. Effective coordination with the IT team and maintaining accurate records are key aspects of the role.

Experience : 7 + years

Roles & Responsibilities :

Thorough knowledge of SEBI (Prevention of Insider Trading) Regulations and Circulars / notifications issued thereunder from time to time

• Drafting the Policies and FAQs pertaining to PIT both for a listed Company and a SEBI registered intermediary
• Defining and disseminating the various processes as may be required to give effect to the provisions of above Policies
• Making changes / modifications in the above policies from time to time as required and disseminating the same to all employees
• Owning and maintaining / operating the System which is used to provide approvals / rejections to employees for trading in securities market. And undertaking the changes / modifications in the system as required in coordination with IT team
• Obtaining the Annual Declaration from all the employees and maintaining the records of the same
• Attending to various queries as may be raised by the employees pertaining to Employee trading
• Analyzing the trades of the employees to identity the trades which are in violation of Policies and taking the corrective measures
• Placing the changes in policies and instances of violations before the Committee / Senior Management as the case may be
• Requires a broad understanding of what constitutes conflict of interest
• Drafting the Policy and FAQs for (a) Employees’ personal conflict of interest and (b) Conflict of interest between various businesses of the Company
• Defining and disseminating the various processes as may be required to give effect to the provisions of above Policies
• Owning and maintaining / operating the System which is used to provide approvals / rejections in the conflict scenarios. And undertaking the changes / modifications in the system as required in coordination with IT team
• Educating the various businesses on Conflict of interest and Company policy around it
• Attending to various queries as may be raised by the employees pertaining to Conflict of interest
• Placing the changes in policies and MIS on conflict scenarios before the Committee / Senior Management as the case may be