Corporate Development Manager
IMC TradingAbout the Role
This role involves building and scaling IMC's external engagement function in India. You will manage relationships with exchanges, regulators, brokers, and industry associations while providing market intelligence to support IMC's growth. Working as part of a small, collaborative team in Mumbai, you will be responsible for regulatory monitoring, market intelligence gathering, business development initiatives, and stakeholder management across both internal and external channels.
- Foster and maintain relationships with exchanges, regulators, brokers, custodians, and industry associations
- Proactively gather market intelligence on regulatory developments and market structure changes
- Assess implications of SEBI circulars, exchange notifications, and RBI announcements
- Support submission of responses to SEBI consultation papers
- Manage business development and regulatory initiatives including new market access and compliance workstreams
- Attend industry conferences and events to build networks and identify opportunities
Requirements
- 8+ years of experience in Indian financial markets, specifically in one or more of the following: business development at an exchange (NSE, BSE, MCX), institutional/FPI brokerage (exchange relations or operations), or financial markets regulatory consulting
- Direct working experience with NSE and/or BSE in a professional capacity (as an exchange employee or broker exchange relations manager)
- Strong working knowledge of proprietary trading firms and HFT/market-making firms: must already know the relevant issues, have the judgment to assess what is and is not relevant to HFTs, and understand the role of liquidity providers in the market ecosystem
- Strong understanding of the Indian capital markets regulatory framework: SEBI Act, Stock Broker Regulations, FPI regulations, margin/clearing requirements, and the SEBI algo trading framework
- Working knowledge of how SEBI decision-making works: the hierarchy from government to SEBI to exchanges, the role of Advisory Committees and Working Groups, and the consultation paper process
- Demonstrated track record of managing external relationships with financial market infrastructure (exchanges or regulators) in India
- Strong written and verbal communication: professional, well-organized, and with attention to detail
- Demonstrated initiative and strategic thinking: proactive, knows what they don't know, and has the energy to figure things out. Strong problem-solving ability. Not someone who waits for direction
- Is able to establish strong rapport and represent IMC credibly in meetings with exchange officials, broker relationship managers, and industry association representatives. Strong personal values
- Preferred: Prior employment at NSE (business development, member services, or regulatory departments) or at a large institutional broker's exchange relations team
- Preferred: Exposure to the HFT/algorithmic trading segment of the Indian market: understanding of colocation, algo registration, surveillance processes, and how exchanges interact with proprietary trading firms
- Preferred: Familiarity with Indian industry associations: ANMI, BBF, CPAI, FIA, ASIFMA. Prior attendance at or participation in SEBI working groups or consultation processes is highly valued
- Preferred: Exposure to commodity markets (MCX) in addition to equity markets
- Preferred: Existing professional network with FPI brokers, exchange technology teams, or regulatory officials