Manager - DP Operation

Role & responsibilities

• DP operations including account opening/closure, dematerialization/rematerialization, pledging/unpledging, off-market transfers, and corporate actions.
• Ensure adherence to guidelines issued by NSDL, CDSL, SEBI, and internal compliance teams.
• Oversee reconciliation of client holdings, BO balances, and regular reporting to depositories and regulatory authorities.
• Coordinate with internal departments like compliance, risk, IT, and client servicing to ensure smooth operations.
• Prepare for internal and external audits, and ensure full compliance with regulatory norms.
• Maintain MIS and dashboards for senior management reviews.

Preferred candidate profile

1. 7-10 years of experience in DP operations

2. Strong understanding of NSDL/CDSL systems and regulatory requirements.

3. Familiarity with back-office platforms and depository interfaces.

4. Knowledge of SEBI regulations pertaining to demat and trading operations.

5. Strong communication skills.