Assistant Manager Regulatory Policy

Assistant Manager – Regulatory Policy

Colombo Stock Exchange

JOB SUMMARY

The Regulatory Policy Division plays a vital role in ensuring that the Colombo Stock Exchange maintains a robust, transparent and internationally aligned regulatory framework that supports market development, investor protection and the introduction of new products and initiatives. Through the formulation of regulatory policies, rule drafting and amendment processes, stakeholder engagement and alignment with evolving market and legal requirements, the Division contributes directly to the integrity and growth of Sri Lanka's capital market.

In this context, the Assistant Manager – Regulatory Policy serves as a pivotal contributor to the Division's mandate by supporting regulatory research, policy formulation, rule drafting and amendment processes, stakeholder consultations and regulatory approval processes. Through these responsibilities, the Assistant Manager plays an integral role in advancing the Division's objectives of fostering a fair, orderly and efficient marketplace while ensuring that the regulatory framework remains responsive to market developments and emerging challenges.

KEY RESPONSIBILITIES

• Formulating and implementing new rules and amending the existing rules of the CSE Group and as necessary, to support new/enhanced business opportunities, facilitate new financial products and to satisfy the applicable regulatory/legal requirements and market dynamics.
• Support in the process of obtaining internal and external approvals for regulatory policies, new rules and amendments to existing rules.
• Preparing relevant papers to the Board of Directors and relevant sub-committees of the CSE Group.
• Preparing documents to submit for approval of the Regulator.
• Review Rules of the CSE Group on a regular basis.
• Ensure the rule implementation process is completed and update the CSE Group website by incorporating updated new Rules and/or amendments to Rules.
• Carry out in-depth research on rules and regulations of Exchanges, Central Depositories and counterparties of other jurisdictions/parts/reports/indices/market providers.
• Prepare Board Papers, rules committee papers, concept papers etc.

KEY REQUIREMENTS

• Bachelor's degree in Law from a recognized university with Attorney-at-Law qualification.
• Master's degree in a relevant field from a recognized university will be an advantage.
• Minimum 5+ years of experience in Corporate Law and/or Securities Law.
• Knowledge of corporate law, securities law and other applicable legal frameworks, including regulatory requirements under the SEC Act and capital market operations.
• Demonstrated research, analytical, negotiation, drafting and communication skills.
• Ability to manage multiple priorities and work under pressure.
• Ability to collaborate effectively within a team and work independently.
• Ability to engage and influence stakeholders effectively, with strong interpersonal skills.