Job Title:

Subject Matter Expert (SME) – IPO / Rights Issue Processing Application Development – RTA

Shape

? Role Summary

The Subject Matter Expert (SME) will lead the design and implementation of a state-of-the-art system for managing Initial Public Offerings (IPOs), Follow-on Public Offers (FPOs), and Rights Issues for the Registrar and Transfer Agent. This role involves establishing robust processes and systems, driving operational excellence, and contributing to business growth by acquiring current opportunities in IPO and Rights Issue handling. The SME will ensure full compliance with SEBI regulations, maintain accuracy in shareholder records, and enable seamless execution of corporate actions.

Shape

? Key Responsibilities

1. Process Design & Requirement Gathering

Lead requirements for IPO/Rights Issue automation including BID Files, Reconciliation, Basis of Allotment, MIS and Communication to Bankers and Investors.

Document BRD, FRD, data flow diagrams, process maps, rule-engine logic, and automation workflows.

Define exception handling, escalation paths,



audit checks, approval matrices, and maker-checker controls.

Shape

2. IPO / Rights Issue Module Responsibilities

Define rules for allotment of shares basis the Banks confirmation and as per SEBI ICDR Regulations, preparation of various regulatory MIS and allotment/rejection intimation to investors / Banks

Implement automated workflows for Allotment of Rights Entitlement, BENDEN matching, BID File reconciliation with Banks data, Allotment of Shares basis the BID file and communication to Investors / Banks

Ensure all IPO and Rights Issue activities comply with SEBI guidelines, and stock exchange requirements.

Oversee end-to-end process for IPOs and Rights Issues including application validation, basis of allotment, share credit, and refunds.

Liaise with issuers, merchant bankers, stock exchanges, and depositories.

Identify operational risks and implement controls to mitigate errors.

Enable automa

📌 Senior Manager (Navi Mumbai)
🏢 3i Infotech
📍 Navi Mumbai