Depository Operations professional

Role & responsibilities

• Manage end-to-end DP operations including demat account opening, modification
  and closure.
• Process on-market/off-market transfers, dematerialisation, dematerialisation,
  pledge/unpledged and invocation.
• Handle transmission, transposition, DIS/e-DIS and other securities-related requests.
• Process and reconcile corporate actions including bonus, split, merger, rights, buyback and dividend-related activities.
• Perform daily reconciliation of DP records, client holdings and internal back-office records and resolve discrepancies.
• Maintain accurate client records, transaction documentation and operational audit trails.
• Coordinate with CDSL/NSDL, RTAs, Compliance, Accounts, Risk and Broking teams.
• Ensure compliance with SEBI and Depository regulations, including preparation for
  DP audits and inspections.
• Handle client queries relating to demat accounts, holdings and transactions.
• Generate and maintain required DP reports and MIS.
• Identify operational gaps and contribute to improving processes and controls.

Preferred candidate profile

• 3-7 years of relevant experience in DP / Depository Operations.

• Strong practical knowledge of CDSL / NSDL processes.

• Hands-on experience with IBEATS DP software is highly preferred.

• Prior experience with a stock broking company / Depository Participant preferred.

• Good knowledge of MS Excel and reconciliation processes.

• Understanding of SEBI, CDSL/NSDL rules and DP compliance requirements.

• Strong attention to detail, ownership and ability to independently manage operations.

• Graduate in Commerce, Finance, Banking or related discipline preferred.