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Current Openings

"MSE offers exciting career opportunities for committed and ambitious persons with banking and financial background, as well as freshers and professionals from diverse field Our remuneration structure ranks with the best in the country.

MSE is Hiring

Job Description Senior Manager / AVP – Institutional Sales (Domestic & FPI Clients)

Role

Job Description Senior Manager / AVP – Institutional Sales (Domestic & FPI Clients)

Location

Mumbai

Qualification Profile
Chartered Accountant / MBA or any Postgraduate / Experienced Graduate
Experience

8-10 Years

Job Responsibilities

    Job Description – Institutional Sales BD - About MSE

    -- Metropolitan Stock Exchange of India (MSE) is a SEBI-recognized stock exchange dedicated to fostering a transparent, efficient, and technology-driven marketplace. It provides a well-regulated platform for trading across multiple asset classes, including Equity, Equity Derivatives, Currency Derivatives, and Debt instruments. With a strong emphasis on innovation and investor protection, MSE offers a seamless trading experience to its market participants. As part of our growth strategy, MSE is looking to onboard a dynamic and experienced professional to strengthen our Institutional Sales team, focusing on Domestic Institutional Investors and Foreign Portfolio Investors (FPIs). ~~

    Detailed Job description :

    Role Focus:

     -- We are seeking a highly motivated and experienced professional to lead and manage relationships with Domestic Institutional Investors and Foreign Portfolio Investors (FPIs). The ideal candidate should have in-depth exposure to the capital markets ecosystem and having worked with Stock Exchanges / Brokerages / Custodians / Banks / Mutual Funds. The role will focus on client acquisition, relationship management, and revenue growth from institutional participants. ~~

    Key Responsibilities:

    Client Acquisition & Relationship Management:

     -- Develop and maintain strong relationships with key Domestic Institutional Investors and FPIs (mutual funds, insurance companies, pension funds, sovereign wealth funds, etc.). ~~ -- Act as a primary point of contact for FPI clients and related intermediaries (custodians, brokers, consultants). ~~

    Sales Strategy & Business Development:

     -- Identify new business opportunities and drive onboarding of FPIs to the Exchange. ~~ -- Promote Exchange products and services to institutional clients, including new offerings and market initiatives. ~~ -- Develop and execute a sales strategy to increase market participation and trading volumes from institutional clients. ~~

    Stakeholder Engagement:

     -- Engage with market intermediaries such as custodians, brokerage firms, fund administrators, to facilitate seamless client service. ~~ -- Liaise with internal teams (technology, operations, compliance, legal) to ensure alignment and support for institutional client needs. ~~

    Market Intelligence & Reporting:

     -- Monitor industry trends, regulatory changes, and competitor activities to recommend strategic initiatives. ~~ -- Provide regular reporting on client interactions, pipeline development, and market feedback to senior management. ~~ -

    Candidate Profile:

    Experience:

     -- 8 to 10 years of experience in Institutional Sales or Business Development. ~~ -- Direct experience dealing with Domestic Institution and FPI clients in Stock Exchange, Brokerage, or Custodian setups or Banks etc. ~~ -- Solid understanding of FPI regulations, institutional investment ecosystem, onboarding processes, and cross-border trading infrastructure. ~~

    Skills & Competencies:

     -- Excellent communication, presentation, and interpersonal skills. ~~ -- Strong understanding of Indian capital markets, trading mechanisms, and institutional investor behaviour. ~~ -- Ability to build and manage high-value client relationships. ~~ -- Strategic thinking and analytical skills. ~~

    Preferred Industry Background:

     -- Stock Exchanges. ~~ -- Brokerage Firms. ~~ -- Custodians. ~~ -- Investment Banks. ~~ -- Institutional Fund Houses. ~~

    Compensation:

    -- Commensurate with experience and industry standards. ~~

Business Development Assistant Manager / Manager

Role

Business Development Assistant Manager / Manager

Location

Mumbai

Qualification Profile
Postgraduate
Experience

3-6 Years

Job Responsibilities

    Job Description – Business Development - About MSE

    -- Metropolitan Stock Exchange of India (MSE) is a SEBI-recognized stock exchange dedicated to fostering a transparent, efficient, and technology-driven marketplace. It provides a well-regulated platform for trading across multiple asset classes, including Equity, Equity Derivatives, Currency Derivatives, and Debt instruments. With a strong emphasis on innovation and investor protection, MSE offers a seamless trading experience to its market participants. As part of our growth strategy, MSE is looking to onboard a Drive membership growth, market development, and relationship management for exchange products. ~~

    Detailed Job description :

    Role Focus:

     -- Drive membership growth, market development, and relationship management for exchange products (Equity, Derivatives, Debt, ETFs, etc.). ~~

    Key Responsibilities:

    -- Introduce and promote exchange products and attract new memberships. ~~ -- Build strong relationships with stockbroking firms, corporates, and financial institutions. ~~ -- Develop partnerships with trade bodies/associations to enhance market reach. ~~ -- Provide ongoing support to members in registration, trading operations, and compliance. ~~ -- Resolve operational issues and ensure smooth settlement processes. ~~ -- Organize seminars and training programs for members and intermediaries. ~~ -- Increase membership across banks, institutions, and brokerage houses. ~~ -- Focus on corporate listings and market expansion. ~~

    Skills Required:

    -- Relevant experience in broking industry, banks, or exchanges. ~~ -- Strong knowledge of capital market products; exposure to equity and debt products. ~~ -- Strong networking and relationship management skills. ~~ -- Excellent communication, presentation and interpersonal skills with a professional appearance. ~~

    Compensation:

    -- Commensurate with experience and industry standards. ~~

Sr. Executive/Assistant Manager - Customer Services & Quality Control

Role

Sr. Executive/Assistant Manager - Customer Services & Quality Control

Location

Mumbai

Qualification Profile
Post-Graduation
Experience

2

Job Responsibilities

    Customer Services & Quality Control

    Professional Experience & Responsibilities:

    Role Focus:

     -- Manage customer support functions, ensuring service quality, compliance, and customer satisfaction. ~~

    Key Responsibilities:

     -- Handle functions/SLAs of Customer Support and maintain quality standards. ~~ -- Act as the primary point of contact for members and trading participants. Address and resolve their queries and issues related to trading, technology, and operations promptly and professionally. ~~ -- Log, track, and manage all incoming queries through various channels (phone, email, and visits). Ensure a timely and effective resolution and escalate complex issues to the appropriate internal teams when necessary. ~~ -- Assist new members with the onboarding and documentation process. Provide clear and concise information to ensure a smooth and efficient joining experience. ~~ -- Coordinate inter-department service synchronization. ~~ -- Manage CRM entries, emails, and repeat call analysis. ~~ -- Ensure data updates, audit SOP preparation, and compliance reporting. ~~ -- Provide MIS/process dashboards for monitoring and customer delight. ~~ -- Regularly update issues/market concerns for management review. ~~

    Candidate Profile:

    -- Strong CRM and Call Centre Management exposure. ~~ -- Excellent people management and communication skills. ~~ -- Experience in handling audits, compliance, and customer issue resolution. ~~

    Compensation:

     -- Commensurate with experience and industry standards. ~~

Assistant Vice President - Compliance

Role

Assistant Vice President - Compliance

Location

Mumbai

Qualification Profile
Postgraduate / CA / CS / CFA / MBA (Finance)
Experience

12

Job Responsibilities

    Assistant Vice President - Compliance

    About the Role:

     -- The Assistant Vice President – Compliance will play a critical role in ensuring full adherence to regulatory frameworks applicable to the Exchange. This includes proactive compliance with SEBI regulations, internal control frameworks, and various statutory obligations. The role requires strong engagement with regulatory bodies, and other stakeholders, to uphold the highest standards of integrity and governance. ~~

    Key Responsibilities:

     -- Ensure full compliance with SEBI Regulations, Byelaws, and Exchange Rules and Regulations. ~~ -- Monitor and implement SECC Regulations, ensuring accurate filings and timely submissions. ~~ -- Draft and issue circulars/directives/clarifications to market participants in line with regulatory updates. ~~ -- Serve as a single point of contact for SEBI, statutory auditors, and other regulatory inspections. ~~ -- Handle internal and external audits related to compliance and regulatory affairs. ~~ -- Regularly review, update, and implement the Code of Conduct for employees and market participants. ~~ -- Ensure implementation of anti-money laundering (AML) measures and conduct periodic compliance testing. ~~ -- Coordinate with other departments to monitor regulatory compliance across all Exchange functions. ~~ -- Maintain up-to-date compliance documentation, records, and registers as mandated by SEBI and internal policy. ~~ -- Engage in regulatory advocacy by analyzing circulars, consulting on draft regulations, and ensuring proactive alignment. ~~ -- Contribute to board-level reporting, policy-making, and strategic compliance advisory. ~~

    Key Skills & Competencies:

    -- In-depth knowledge of SEBI, SECC Regulations, and Exchange operations. ~~ -- Proven expertise in Capital Markets’ regulatory environment. ~~ -- Ability to interpret and apply legal regulatory updates to operational scenarios. ~~ -- Strong drafting and communication skills. ~~ -- Proficiency in MS Excel, compliance monitoring tools, and data analysis. ~~ -- Exchange/market infrastructure background preferred. ~~ -- High levels of integrity, discretion, and analytical thinking with a proactive compliance mindset. ~~

Chief Regulatory Officer (CRO)

Role

Chief Regulatory Officer (CRO)

Location

Mumbai

Qualification Profile
CA/CS/LLB/MBA/Post Graduate in Finance/Economics
Experience

20

Job Responsibilities

    Chief Regulatory Officer (CRO)

    Detailed Job description :

     -- To ensure Compliance with Byelaws, Rules and various applicable Regulations. ~~ -- To oversee Exchange systems in order to ensure compliance with SEBI SECC Regulations, all Applicable laws and regulations. ~~ -- To interface regularly with internal and external stakeholders and manage relationships with other Exchanges, SEBI and other regulatory bodies. ~~ -- To oversee the critical regulatory functions like Compliance, Surveillance, Investigation. ~~ -- Listings, Investor Grievances, Arbitrations, Investor Protection Fund, Member Regulations and Inspections. ~~ -- To spearhead all SEBI Inspection / Regulatory Audits. ~~ -- To Work closely with internal business leaders and Legal to evaluate and interpret the regulatory impact of ongoing and proposal rule and regulations. ~~ -- To Represent the Exchange at external meetings and conferences on regulatory matters. ~~ -- To Set Regulatory policies, procedures, SOPs for the Exchange. ~~ -- To formulate and implement the Regulatory Budgets. ~~ -- To ensure market surveillance activities are properly executed by the Surveillance team. ~~ -- To Review and approve disciplinary proceedings against members. ~~

    Candidate Profile:

    -- Candidate should be a Chartered Accountant / Company Secretary /LLB/ MBA/Post Graduate in Finance/Economics with minimum 20 Years of experience in Capital Markets. ~~ -- Candidate with degree in Law shall be preferred. ~~ -- This is a Key Managerial Personnel (KMP) position. At least Five years of experience, preferably in a key regulatory leadership role in an Exchange / Clearing Corporation / Depository / Broking Firm. ~~ -- Thorough knowledge and understanding of Capital Markets and Applicable Regulations. ~~ -- Excellent communication, presentation and interpersonal skills. ~~

Assistant Manager - Surveillance and Investigation

Role

Assistant Manager - Surveillance and Investigation

Location

Mumbai

Qualification Profile
B.com/M.com/MBA
Experience

3

Job Responsibilities

    Assistant Manager – Surveillance and Investigation

    Detailed Job description :

     -- To handle day to day activities pertaining to Surveillance & investigation of Equity, Equity F&O and Currency Derivatives segment to ensure data integrity, Regulatory compliance, timely submission of Regulatory reports, ad hoc queries raised by Regulator and MIS. ~~ -- To analyse and evaluate the alerts from depositories, surveillance system and the scrips referred by SEBI. ~~ -- Checking ad hoc MIS for senior management. ~~ -- Computation of monthly penalties and solving queries from members with respect to quarterly shareholding disclosure of securities. ~~ -- Issuance of circulars - Checking and issuing circulars on website accurately and to draft circulars in order to disseminate the directions issued by SEBI. ~~ -- Make necessary updates in the system for debarred entities. Sending letters to the concerned member & mails to the concerned departments if the entities mentioned therein are registered with the Exchange. ~~ -- Evaluation and analysis of alerts - Analysis of alerts sent by surveillance, depositories or scrips referred by SEBI and preparing the closure report thereof. ~~ -- Handling queries, preparing reports during SEBI inspection and quarterly disclosures. ~~

    Key Skills and Experience:

    -- Knowledge of Capital and Currency Market, Exchange and SEBI compliance. ~~ -- Knowledge of MS Excel, Business analysis tools etc. ~~ -- Should be able to draft letters and communicate with market participants. ~~ -- NISM certifications would be preferred. ~~ -- Exchange background would be preferred. ~~

Assistant Manager - Membership

Role

Assistant Manager - Membership

Location

Mumbai

Qualification Profile
Graduate
Experience

3

Job Responsibilities

    Assistant Manager – Membership

    Detailed Job description :

     -- Processing of applications pertaining to Registration, Activation, de-activation and surrender of membership. ~~ -- Regular maintenance processes like Change in Shareholding, Directors, Control Change, Merger, De-merger, Amalgamation. ~~ -- Processing of application pertaining to Registration, Cancellation of Authorized Person and its regular changes with regards to name, directors/partners, addresses. ~~ -- Processing of Application pertaining to allotment, shifting and cancellation of User id given to members. ~~ -- Record Half/Yearly compliances like Net worth, Audit Report, Annual Report, Member Insurance, NOC pertaining to Status report etc or any such compliances as required from time to time along with compliances of membership department with SEBI. ~~ -- SEBI Inspection, Internal Audit Compliance and any other regulatory requirement from time to time. ~~

    Key Skills and Experience:

    -- Functioning of Stock Exchange and SEBI. ~~ -- Should have NISM Certification. ~~

Sr. Manager/AVP – Taxation (Finance and Accounts)

Role

Sr. Manager/AVP – Taxation (Finance and Accounts)

Location

Mumbai

Qualification Profile
CA, CS & MBA
Experience

8+ years

Job Responsibilities

    Sr. Manager/AVP – Taxation (Finance and Accounts)

    Detailed Job description :

    A. Financial Accounting:

    -- Ensure maintenance of proper books of accounts. Interaction with auditors and Audit closure on quarterly basis. ~~ -- Compliances with all laws and accounting standards including SEBI and LODR requirements. ~~ -- Prepare, Oversee and Finalization of quarterly and annual accounts on Standalone and Consolidated basis. Compliance with all accounting policies. ~~ -- Monthly closure of accounts and period closing. Scrutiny of GLs, FAR, vendors and Receivables. ~~ -- Ensure timely closure of accounts of all Companies / Trusts in the Group. Preparing analytical review for quarterly audit. ~~ -- Overview Inter Company Transaction and reconciliation. Finalization of Audit committee Agenda and presentation. ~~ -- Work on process improvements and through automation. Draw SOPs for ensuring checks and controls in processes and oversee their adherence. ~~ -- Participate in the IT and system implementation and drive them. Ensure daily Bank reconciliation and no item is open in the statement. ~~

    B. Taxation:

    I) Tax Strategy and Planning:

    -- Develop and implement tax strategies that align with the company's goals and objectives. Identify tax-saving opportunities, ensure effective tax planning, and maintain the company's tax-efficient status. ~~

    II) Compliance:

    -- Oversee and ensure timely filing of all tax returns, including corporate income tax, GST, PF, PT, and other relevant taxes. Ensure the company complies with tax laws and regulations at local, state, and central levels. Liaise with tax authorities during audits, disputes, and other tax-related matters. ~~

    III) Tax Reporting:

    -- Oversee the preparation of quarterly and annual tax provisions. Ensure accurate and up-to-date tax reporting in financial statements. Work with external auditors to complete the tax-related sections of audits ~~

    IV) Risk Management:

    -- Monitor tax risks and mitigate them by ensuring the company follows best practices in tax management. Stay updated on changes in tax laws and assess their impact on the company's operations. ~~

    V) Team Management:

    -- Lead and manage a team of tax professionals, providing guidance and mentoring. Foster a collaborative environment and ensure that the team stays updated with tax developments. ~~

    VI) Advisory and Support:

    -- Provide strategic tax advice to senior management and other departments to ensure tax considerations are integrated into business decisions. ~~

    VII) Tax Audits and Disputes:

    -- Manage any ongoing or potential tax audits and disputes. Work closely with legal and finance teams to resolve tax issues. ~~

    VIII) Cross-Functional Collaboration:

    -- Work with other teams to ensure seamless tax reporting and compliance. Collaborate with external tax consultants and advisors when necessary. ~~

    C. Audit of Accounts:

    -- Interaction with Statutory auditors / Internal auditors for Audit closure on a quarterly basis. ~~ -- Closure of all audit issues with all departments. ~~ -- Finalize audit report at the end of audit. ~~ -- Ensure that Internal audit is done and all issues are actioned upon. ~~

    D. Planning & Budgeting:

    -- Prepare Annual budget on all parameters like Revenue, cost, GM, P&L & EBITDA etc. with the help of all stakeholders. ~~ -- Monitor the actual performance with respect to Budget, variance analysis vis-a-vis budget, reporting the same to the Management. ~~ -- Checking actual capital expenditures and keeping track vis-a-vis budget. ~~

    E. MIS & Reporting:

    -- Prepare, analyse, and summarize various weekly, monthly, and periodic reporting. ~~ -- Timely and accurate reporting on various business parameters like Turnover, COGS, Gross Margin, Expenses, EBITDA, Cash flows & variance analysis etc. ~~ -- Revenue trend analysis and preparation of various schedules on income parameters for audit and for reporting. ~~ -- Monitoring of expenses, cost centre wise analysis and preparation of variance report. ~~

Head - Market Operations

Role

Head - Market Operations

Location

Mumbai - Piramal Agastya Corporate Park (Kurla)

Qualification Profile
CA/MBA
Experience

18+ Years

Job Responsibilities

    Head - Market Operations

    Detailed Job description :

     -- Ensuring smooth functioning of all Operational activities of various segments offered by the Exchange in coordination with other MIIs including Beginning of Day(BOD), Intraday and End of Day (EOD) operations. ~~ -- Identifying system enhancements, automation in line with the regulatory requirements and ensure smooth implementations after conducting UAT and Mocks. ~~ -- Spearheading transformation initiatives for implementing software development/system enhancement for critical operations and capability to actively collaborate with technology, regulatory and other functional teams. ~~ -- CTCL and Algo ID activations as per regulatory norms. Participate in various policy formulating initiatives of SEBI. ~~ -- Engage with various stakeholders including Auditors and Inspections. Maintenance of Disaster Recovery(DR) site as per regulatory requirement. ~~ -- Manage a team handling daily operations for the various segments offered by the Exchange. ~~ -- Index Management. MIS and Data Analytics. ~~

    Skillset Required:

     -- In depth knowledge of Indian Securities market value chain, the market infrastructure institutions(MIIs) and in particular Exchange activities. ~~ -- In depth understanding of the regulatory framework including SEBI regulations, circulars and assess its impact on the operations. ~~ -- Should be able to participate in regulatory policy formulating initiatives of SEBI. ~~ -- Ability to proactively contribute to system enhancement and automation of activities. ~~ -- Expertise in leading a large and diverse team to manage process driven activities to be performed as per defined SLAs. ~~ -- Should be able to handle exceptional situations, crisis scenarios and manage business continuity of operational functions. ~~ -- Should possess good inter-personal and communication skills. ~~ -- Work experience with MII or SEBI registered intermediary shall be an added advantage. ~~

    Knowledge:

     -- Knowledge of Statutory Requirements which is applicable for Financial Markets. ~~

    Technical Skills:

     -- Efficient in Microsoft Excel – hands-on on Macros (added advantage). ~~

    Soft Skills:

     -- High Adaptability, System Understanding, Presentable and Good Communications Skills. ~~

    Certifications:

     -- CA/MBA – Finance with Capital Market Knowledge and Experience in Data Analysis. ~~

Relationship Manager - Business Development

Role

Relationship Manager - Business Development

Location

Kolkata & South

Qualification Profile
Experienced Graduate, MBA - Finance, Any Post Graduate with relevant certifications
Experience

2+ Years (upto 7 Years)

Job Responsibilities

    Relationship Manager – Business Development :

    Detailed Job description :

     -- Introduce and create market for Exchange products: New Memberships and participation in Currency Derivatives, Equity, Equity Derivatives, Cash, Futures & Options, Interest Rate Futures, Debt, and Exchange Traded Funds. ~~ -- Develop the database, tap and build strong relationships with Stock Broking firms, Corporates & Financial Institutions through developing mutually beneficial relationships. ~~ -- Develop close relationships within trade bodies and associations to attract SMEs on the platform. ~~ -- Provide service and support to members in registration, enablement day to day trading, operation, compliance. ~~ -- Resolve issues and complaints from clients and members regarding Trading operation, settlement, compliance to be resolved. ~~ -- Organizing seminars, trainings for Members, Investors and Dealers. ~~ -- Increasing Membership (Banks, Financial Institutions and Brokerages houses and intermediaries) and Listing of Corporates on the exchange will be key deliverables. ~~

    Technical Skills Required:

     -- Relevant experience with broking industry, bank or exchanges. ~~ -- Knowledge of currency segment is must, with added knowledge of Equity and Debt desired. ~~