Name: Jobpe
Address: T-Hub, Plot No 1/C, Sy No 83/1, Raidurgam panmaktha, Knowledge City Rd, Hyderabad, Telangana, 500081, IN
Telephone: +91-83339-09630
Price range: Free

Dp Operator Idbi Capital

2.0 - 5.0 years

3 - 5 Lacs

Mumbai, Mumbai Suburban

Work from Office

Job Title: Senior Manager DP (Demat Processing) Operations Department: Operations Reports To: AVP – Operations Job Type: Full-time Job Summary: We are looking for a highly experienced Senior Manager – DP Operations to oversee and manage all aspects of Demat account processing and depository-related operations . The role demands a deep understanding of NSDL/CDSL systems, SEBI regulations, and a proven ability to lead large teams and ensure error-free and compliant operations. Key Responsibilities: End-to-end management of 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. Handle escalations related to discrepancies in demat transactions or client servicing. Monitor and enhance the efficiency of back-office systems (e.g., DP software like OMNESYS, NEST, ODIN , or custom platforms). Coordinate with internal departments like compliance, risk, IT, and client servicing to ensure smooth operations. Lead and mentor a team of DP executives, assistant managers, and team leads. Periodically review SOPs and drive process improvements for faster and error-free processing. Ensure timely and accurate handling of corporate actions , such as bonus issues, rights, splits, buybacks, and dividend processing. Prepare for internal and external audits, and ensure full compliance with regulatory norms. Maintain MIS and dashboards for senior management reviews. Required Qualifications: Graduate/Postgraduate in Finance, Commerce, or related field (MBA preferred). 8–12 years of experience in DP operations with minimum 3–5 years in a leadership role. Strong understanding of NSDL/CDSL systems and regulatory requirements. Familiarity with back-office platforms and depository interfaces. Excellent knowledge of SEBI regulations pertaining to demat and trading operations. Strong communication, leadership, and stakeholder management skills. Preferred Skills: Certifications in Capital Markets (e.g., NISM DP Operations Certificate). Experience in handling large client volumes and high-value demat transactions. Exposure to broking or financial institutions with DP services. Kindly updated cv on outsource18@idbicapital.com or can connect on-- Name : Priti- 9137914716 .

Posted 2 weeks ago

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