Formix India Pvt Ltd
Depository Participant
Skills
1 month ago
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Important information
Contract type:
Permanent
Location:
Maharashtra, India
Work mode:
Onsite
Published on:
24 September 2026
What they need
1. Role Objective
Manage day-to-day demat account operations, process share transfers, handle pledges, and
ensure flawless compliance with depository guidelines (CDSL/NSDL).
2. Key Responsibilities & Scope of Work
Demat & Remat Processing: Handle dematerialization, rematerialization, and new client
account opening or modification requests securely.
Transfers & Settlements: Process on-market, off-market, and inter-depository transfer
instructions accurately within strict market deadlines.
Pledge Management: Manage pledge, unpledge, and invocation requests smoothly to meet
client margin requirements effectively.
Corporate Actions: Update client holdings and process complex corporate actions including
dividends, splits, bonuses, and rights issues.
Reconciliation & Audits: Conduct regular ISIN, holding, and ledger reconciliations; support
internal and statutory DP audits meticulously.
Documentation & Compliance: Maintain Delivery Instruction Slips (DIS), KYC documents,
and historical records according to SEBI and depository rules.
- Role Objective
Manage day-to-day demat account operations, process share transfers, handle pledges, and
ensure flawless compliance with depository guidelines (CDSL/NSDL).
- Key Responsibilities & Scope of Work
Demat & Remat Processing: Handle dematerialization, rematerialization, and new client
account opening or modification requests securely.
Transfers & Settlements: Process on-market, off-market, and inter-depository transfer
instructions accurately within strict market deadlines.
Pledge Management: Manage pledge, unpledge, and invocation requests smoothly to meet
client margin requirements effectively.
Corporate Actions: Update client holdings and process complex corporate actions including
dividends, splits, bonuses, and rights issues.
Reconciliation & Audits: Conduct regular ISIN, holding, and ledger reconciliations; support
internal and statutory DP audits meticulously.
Documentation & Compliance: Maintain Delivery Instruction Slips (DIS), KYC documents,
and historical records according to SEBI and depository rules.
3. Skills & Qualifications Required
Education: Bachelor’s degree in Commerce, Finance, or a related functional field.
Experience: 2 to 6+ years of core experience in DP operations within a SEBI-registered
stockbroking firm.
Certifications: Mandatory NISM Series VI (Depository Operations) certification.
Technical Skills: Strong functional knowledge of CDSL/NSDL guidelines and standard
back-office depository software.
Attributes: Exceptional attention to detail, high numerical accuracy, and strong internal
coordination skills.
Education: Bachelor’s degree in Commerce, Finance, or a related functional field.
Experience: 2 to 6+ years of core experience in DP operations within a SEBI-registered
stockbroking firm.
Certifications: Mandatory NISM Series VI (Depository Operations) certification.
Technical Skills: Strong functional knowledge of CDSL/NSDL guidelines and standard
back-office depository software.
Attributes: Exceptional attention to detail, high numerical accuracy, and strong internal
coordination skills.
Pay: ₹500,000.00 - ₹1,000,000.00 per year
Work Location: In person
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