We are looking for a candidate for DP-Operations and Compliance and should carry the following experience or knowledge: Regulatory Compliance & Reporting Ensure full compliance with all applicable CDSL Bye-laws, Business Rules, SEBI Regulations, and circulars. Monitor and ensure timely submission of all periodic, monthly, quarterly, and annual compliance reports to CDSL and SEBI (e.g., Half-Yearly Internal Audit Report, Concurrent Audit Report, and Net worth Certificates,Survilliance reports). Time to time resolving the quires raise by Exchanges and Depository. Track regulatory updates and circulars issued by SEBI and CDSL; disseminate the same to relevant departments and ensure implementation within prescribed timelines. Maintain a Compliance Calendar for all due submissions and regulatory filings. Operational Compliance Monitoring Oversee and monitor day-to-day DP operations to ensure adherence to CDSL procedures and internal control standards. Verify compliance in activities such as: Account opening/modification/closure (including KYC verification as per SEBI and CDSL guidelines). Dematerialisation / Dematerialization requests. Transmission and Nomination processes. Pledge / Unpledged / Hypothecation instructions. Demise cases and KRA linkages. Corporate Actions (bonus, split, dividend, etc.) processed through CDSL. Ensure that all client instructions are supported by valid documentation and processed within the prescribed turnaround times. KYC, AML, and Client Due Diligence Ensure compliance with KYC norms prescribed under PMLA, SEBI, and CDSL guidelines. Periodically review client accounts for suspicious or irregular transactions. Report suspicious transactions to the Principal Officer / FIU-IND as per the organization’s AML policy. Conduct ongoing due diligence and periodic KYC updates (Re-KYC). Audit and Inspection Coordination Coordinate and assist in Concurrent Audit, Internal Audit, and SEBI/CDSL inspections. Ensure timely rectification of audit observations and submission of compliance reports to regulators. Maintain proper records of audit reports, compliance confirmations, and supporting documentation for inspection readiness. Preparing and updating varies policies(PMLA,Suvilliance etc.) as per compliance Risk Management and Internal Controls Identify potential compliance risks in DP operations and recommend corrective measures. Periodically test and review the effectiveness of internal control mechanisms. Support the development of SOPs (Standard Operating Procedures) for DP activities in line with regulatory expectations. Liaison and Communication with Regulators Act as the primary point of contact between the DP and CDSL for all compliance-related matters. Handle queries, notices, or clarifications from CDSL, SEBI, or auditors promptly and accurately. Job Type: Full-time Pay: ₹700,000.00 - ₹800,000.00 per year Location: Churchgate, Mumbai, Maharashtra (Preferred) Work Location: In person
We are looking for a candidate for DP-Operations and Compliance and should carry the following experience or knowledge: Regulatory Compliance & Reporting Ensure full compliance with all applicable CDSL Bye-laws, Business Rules, SEBI Regulations, and circulars. Monitor and ensure timely submission of all periodic, monthly, quarterly, and annual compliance reports to CDSL and SEBI (e.g., Half-Yearly Internal Audit Report, Concurrent Audit Report, and Net worth Certificates,Survilliance reports). Time to time resolving the quires raise by Exchanges and Depository. Track regulatory updates and circulars issued by SEBI and CDSL; disseminate the same to relevant departments and ensure implementation within prescribed timelines. Maintain a Compliance Calendar for all due submissions and regulatory filings. Operational Compliance Monitoring Oversee and monitor day-to-day DP operations to ensure adherence to CDSL procedures and internal control standards. Verify compliance in activities such as: Account opening/modification/closure (including KYC verification as per SEBI and CDSL guidelines). Dematerialisation / Dematerialization requests. Transmission and Nomination processes. Pledge / Unpledged / Hypothecation instructions. Demise cases and KRA linkages. Corporate Actions (bonus, split, dividend, etc.) processed through CDSL. Ensure that all client instructions are supported by valid documentation and processed within the prescribed turnaround times. KYC, AML, and Client Due Diligence Ensure compliance with KYC norms prescribed under PMLA, SEBI, and CDSL guidelines. Periodically review client accounts for suspicious or irregular transactions. Report suspicious transactions to the Principal Officer / FIU-IND as per the organization’s AML policy. Conduct ongoing due diligence and periodic KYC updates (Re-KYC). Audit and Inspection Coordination Coordinate and assist in Concurrent Audit, Internal Audit, and SEBI/CDSL inspections. Ensure timely rectification of audit observations and submission of compliance reports to regulators. Maintain proper records of audit reports, compliance confirmations, and supporting documentation for inspection readiness. Preparing and updating varies policies(PMLA,Suvilliance etc.) as per compliance Risk Management and Internal Controls Identify potential compliance risks in DP operations and recommend corrective measures. Periodically test and review the effectiveness of internal control mechanisms. Support the development of SOPs (Standard Operating Procedures) for DP activities in line with regulatory expectations. Liaison and Communication with Regulators Act as the primary point of contact between the DP and CDSL for all compliance-related matters. Handle queries, notices, or clarifications from CDSL, SEBI, or auditors promptly and accurately. Job Type: Full-time Pay: ₹700,000.00 - ₹800,000.00 per year Location: Churchgate, Mumbai, Maharashtra (Preferred) Work Location: In person