Home: Careers at NSDL

Objective of the Role

The prospective candidate has deep knowledge of the Legal Framework. The Legal department is a specialised department working jointly with the rest of the departments and also interacts with regulators in order to achieve the company's objectives and ensure that the company's activities are in conformity with all Indian laws and regulations and as per regulators guidelines. The role also requires handling the compliance function of the depository including handling regulatory reporting, inspections, and liaising with SEBI and other regulators The role will also oversee secretarial function which is headed by a Company secretary.

Legal and Compliance Insight

The candidate should be able to analyse and identify the legal risks and implications of all of the business’s transactions, keeping the senior management informed of developments in laws and regulations that potentially affect the business. Legal vertical is responsible for all the legal functions in the Company including strategic advisory, structuring, Corporate commercial, contracts and Negotiation, litigation's and regulatory and compliance, as well as implementing initiatives and processes in order to set standards and reinforce a culture of integrity, quality, ethical behavior and responsibility across the business.

Detailed Job Description Legal and Compliance:

Primary Responsibilities :

• To provide legal support to Business and Operational heads at NSDL, such as drafting of documents/ agreements, bye laws, business rules and work with external legal advisors.

• To provide sound balanced legal advice to depository.

• To provide guidance and legal support on product developments.

• To Review and assist in negotiation and approval of contracts.

• Actively involve in managing litigation and potential litigation and ensure that NSDL interest is protected.

• To work with functional compliance teams and to drive compliance.

• To liaise with SEBI Inspection team and control/ manage severity of SEBI Inspection observations on case-to-case basis.

• To ensure implementation of SEBI advised surveillances measures through interface with Stock exchanges and other depository.

Overall responsibilities :

• Responsible for drafting, reviewing and finalisation of all types of legal documents for accuracy and compliance with all the applicable laws, regulations, internal policies & organisation objectives.

• Represents the Company in Corporate level litigations so as to protect the legal interests of the organization

• Acts as SPOC for legal due diligence concerning the organisation.

• Ensures effective implementation of corporate governance practices to achieve corporate excellence.

• Provides event based specific information and/or reports to regulators as and when required in acceptance with management.

• Liaisons with SEBI, other regulators, internal compliances to resolve issues pertaining to Legal and overall company compliances.

• verseeing Secretarial and Board presentation and related matters.

• Creates a time based annual schedule of all compliance requirements to be adhered to and ensures timely and accurate adherence to regulatory compliance requirements.

• Keeping abreast of constant changes in regulations and dealing with all legal matters

• Avoids legal challenges by understanding current and proposed legislation; enforcing regulations; recommending new procedures.

• Ability to analyse legal implications of various issues and advising various internal stakeholders and management on it.

• Attending Court cases and assisting the counsel in drafting of Written Submissions & Petitions.

• Prepare monthly and quarterly reports for the legal department for management meetings.

• Responsible for litigation, legal notices, keep records of all licenses & compliances and all litigation matters.

• Responsible for arbitration and related matters

• Knowledge in legal aspects relating to various Labour Laws, Shops and Establishment Legislations, Contract Labour (Regulation and Abolition) Act etc.

• Having handled an IPO would be an added advantage.

Key Competencies/Skills:

• Intellectual rigour and analytical skills

• Pragmatic attitude to the handling of risk

• Excellent communication (written and oral) and presentation skills

• An ability to delegate effectively

• Strong organisational skills

Job Description

• Ensuring compliance requirements with regulatory requirements as specified in SEBI regulations and circulars.

• Interaction with issuers / RTAs with respect to queries pertaining to onboarding for issuer services, compliance requirements and handling operational queries.

• Interaction with Internal and concurrent auditors for conduct of audit, handling of audit queries, audit observations and audit responses.

• Engaging with SEBI and other MIIs with respect to compliance requirements as specified in SEBI regulations and guidelines.

• Engaging in functional testing of new products and changes requests.

• This position requires person to have experience in capital markets and have handled operations, management, and problem-solving ability.

Job Description

• The candidate will be required to travel regularly and liaison on a daily basis with the locally based RTAs, and such RTAs based out of Delhi & North India (for which telephonic follow up would be solicited, with meetings at frequencies meeting the business requirements of the organization).

• This would be in addition to interacting with the client companies of such RTAs for ensuring smooth and seamless on boarding with NSDL in the unlisted segment.

• The candidate should also be able to make effective presentations for close user groups as well as larger audience for period training cum presentation sessions conducted by NSDL jointly with RTAs for business enhancements.

• The candidate must possess excellent written and oral skills, would need to be regularly do telephonic follow ups with Issuers/RTAs for zone North India.

• Candidate should be able to join NSDL at the earliest possible timeline to cater to the organizations business needs.

Job Description

• Oversee and streamline billing and collections processes.

• Raising invoices & ensure the same is dispatched on time.

• Assist with identification, design & implementation of new billing system, process enhancements. Ageing Reconciliation of Debtors.

• Handling client queries on billing & addressing the same.

• Putting up process for improvement in automation.

• Reviewing & enhancing SOP of Accounts receivables.

• Billing of lease line fees (yearly and going) and beneficiary demographics charges to RTAs .

• MIS of collection, debtors, recovery etc.

• Responsible for building a robust system, to lead and direct the Finance function, to ensure that all depository operations are monitored and controlled against budget, all financial transactions are treated appropriately, accurate financial information is available to support management decision-making and to ensure that the depository adheres to all regulatory requirements and legislations. Responsible for designing and developing strong control systems to preserve company assets and report accurate financial results.

• Responsible for the administrative, financial and financial risk management operations of the company.

• Responsible for Depository Asset/Liability Management and recommending strategies to improve operating margins and liquidity.

• Responsible for the issuance of all financial information of the company including revenues, expenses, preparation of P&L, Balance Sheet, Annual Reports etc.

• Direct and Indirect Taxation matters, payments and filing of returns.

• Drafting, Monitoring And Implementation of Budgets Implement a suitable system to assist with all financial reporting to the board, Regulators and any other External Stakeholder.

• Develop financial and tax strategies to assist in the implementation of strategic business plans.

• Keep abreast of current market and industry issues, regulation and policies, and maintains relationships with the community and industry trade groups.

Job Description

• Checking of all Vendor Payments, Purchases and provisions.

• Banking activities.

• Preparing required MIS daily/ weekly/ fortnightly/ monthly/ quarterly for seniors Exploring Treasury/ Investment options, checking various proposals.

• Implement a suitable system to assist with all financial reporting to the board, Regulators and any other External Stakeholder.

• Handling Internal/ IFC/ Statutory/ Tax audit/ GST audit/ ISMS/ BCMS etc.

• Responsible for building a robust system, to lead and direct the Finance function, to ensure that all income and expenses are monitored and controlled vis--vis budget, all financial transactions are treated appropriately, accurate financial information is available to support management decision-making and to ensure that the depository adheres to all regulatory requirements and legislations.

• Responsible for designing and developing strong control systems to safeguard company assets and report accurate financial results.

• Responsible for the administrative, financial and financial risk management operations of the company.

• Responsible for Depository Asset / Liability Management and recommending strategies to improve operating margins and liquidity.

• Responsible for the issuance of all financial information of the company including revenues, expenses, preparation of P&L, Balance Sheet, Annual Reports etc.

• Checking Direct and Indirect Taxation payments and other matters, payments and filing of returns.

• Drafting, Monitoring and Implementation of Budgets Overseeing all treasury activities including banking, investment, debt issuance, and liquidity management.

• Assist the CFO/ DY. CFO in identifying new funding opportunities for business initiatives.

• Develop financial and tax strategies to assist in the implementation of strategic business plans.

• Keep abreast of current market and industry issues, regulation and policies, and maintains relationships with the community and industry trade groups.

• Optional - Should have experience of meeting investors, responding to their queries, prepare presentation for investors and analysts, prepare presentation for Board with quarterly results.

Job Description

• Settlement of various segments equity, Mutual Fund Debt and tender offer.

• Inter-depository transfers between Depositories.

• Supporting activities of settlement like Margin pledge, Stamp duty.

• Activities related to e-services of NSDL which includes SPEEDe, IDeAS etc.

• Admission of Clearing Members, Brokers, Mutual Fund and PMS in NSDL system.

Job Description

• Processing of orders from multiple regulatory bodies such as SEBI, SAT, ED, Police, Courts, and State Tax authorities.

• Handling inquiries and requests from SEBI, Stock Exchanges, and other regulatory bodies.

• Providing insights for automating various surveillance tasks by analyzing business requirements.

• Engaging with SEBI and Stock Exchanges for periodic s and reporting activities.

• Contributing to process development and smooth transition of surveillance activities.

• Preparing Management Information System (MIS) reports and escalating issues related to surveillance activities.

• Analyzing outcomes and reporting findings to supervisors.

• Collaborating with departmental and management teams to understand their requirements.

• Developing new data collection methods to enhance preventive measures and analysis procedures.

• Managing Anti-Money Laundering (AML), Know Your Customer (KYC), and Permanent Account Number (PAN) compliance for Depository Participants (DPs).

Job Description

• Processing of orders from multiple regulatory bodies such as SEBI, SAT, ED, Police, Courts, and State Tax authorities.

• Handling inquiries and requests from SEBI, Stock Exchanges, and other regulatory bodies.

• Providing insights for automating various surveillance tasks by analysing business requirements.

• Engaging with SEBI and Stock Exchanges for periodic s and reporting activities.

• Contributing to process development and smooth transition of surveillance activities.

• Preparing Management Information System (MIS) reports and escalating issues related to surveillance activities.

• Analysing outcomes and reporting findings to supervisors.

• Collaborating with departmental and management teams to understand their requirements.

• Developing new data collection methods to enhance preventive measures and analysis procedures.

• Managing Anti-Money Laundering (AML), Know Your Customer (KYC), and Permanent Account Number (PAN) compliance for Depository Participants (DPs).