DP Operations

DP Operations Executive

Job Title: DP Operations Executive
Location: Pune

Department: Depository Operations / Back Office
Industry: Stock Broking / Capital Markets / Financial Services
Employment Type: Full-Time

About the Role

We are looking for a detail-oriented and responsible DP Operations Executive to manage day-to-day Depository Participant (DP) operations and provide efficient support for clients' Demat accounts and securities-related requests.

The role involves handling Demat account processes, transaction-related activities, documentation, client queries, corporate actions and coordination with internal teams and depositories while ensuring accuracy, timely processing and compliance with applicable regulatory requirements.

Key Responsibilities

• Handle day-to-day Depository Participant (DP) operations and Demat account-related activities.
• Process Demat account opening, modification, closure and maintenance requests.
• Verify and process client documents as per applicable KYC and compliance requirements.
• Handle Dematerialization (Demat) and Rematerialization (Remat) requests.
• Process securities-related instructions including transfer, pledge, unpledge and other DP transactions.
• Handle and maintain Delivery Instruction Slips (DIS) and other DP-related documents.
• Process Transmission of securities and related client requests.
• Assist in processing corporate actions, including bonus shares, stock splits, rights issues, dividends and other applicable benefits.
• Monitor client holdings and transaction-related discrepancies and coordinate for timely resolution.
• Respond to and resolve client queries related to Demat accounts, holdings, transactions and DP services.
• Coordinate with NSDL/CDSL, back-office, compliance, accounts, RMS and other internal departments whenever required.
• Maintain proper records of DP transactions, forms, instructions and supporting documents.
• Track pending requests and ensure that transactions are completed within prescribed timelines.
• Ensure adherence to internal SOPs, operational controls and regulatory guidelines.
• Identify operational discrepancies and escalate issues to the appropriate team/supervisor.
• Maintain confidentiality and security of client and transaction-related information.
• Prepare and maintain operational reports and MIS as required by management.
• Support internal and external audits by providing required documents and transaction records.

Required Skills & Competencies

• Good understanding of Demat and Depository operations.
• Basic knowledge of NSDL/CDSL processes and DP services.
• Knowledge of KYC and securities-market documentation.
• Good understanding of securities transactions and corporate actions.
• Strong attention to detail and accuracy.
• Good communication and client-handling skills.
• Good analytical and problem-solving ability.
• Ability to manage multiple requests and meet deadlines.
• Good working knowledge of MS Office, particularly MS Excel.
• Ability to coordinate effectively with multiple departments.

Educational Qualification

• Minimum Graduates

Experience

• 0–3 years of experience in DP Operations, Stock Broking, Banking, Capital Markets or Financial Services.
• Freshers with relevant knowledge/certification may also be considered.

Key Competencies
Customer Handling | Communication | Attention to Detail | Compliance | Coordination | Problem Solving | MS Excel

Pay: ₹200,000.00 - ₹300,000.00 per year

Benefits:

• Flexible schedule
• Health insurance
• Provident Fund

Work Location: In person