Depository Executive

Dear Candidates,

Job Title: DP Executive

Company: Allvest Securities Pvt. Ltd.

Location: Kurla, Mumbai, Maharashtra

Salary: ₹6 – 7 LPA

Job Summary: We are looking for a detail-oriented and experienced DP Executive to join our team at Allvest. The role involves managing depository operations, ensuring timely processing of client instructions, compliance with regulatory norms, and smooth coordination with depositories (NSDL/CDSL) to support our stock broking business.

Key Responsibilities:

• Handle depository operations including demat, remat, pledge, unpledge, and off market transactions.

• Process and verify DIS (Delivery Instruction Slips) and other client instructions accurately. • Reconcile daily DP reports and maintain updated client records.

• Coordinate with NSDL/CDSL and clearing members for operational activities.

• Monitor and ensure timely settlement of trades and securities movement.

• Prepare and maintain MIS and compliance reports as per SEBI and depository regulations. • Address and resolve client queries related to demat accounts and DP transactions.

• Assist in audit and inspection processes conducted by regulators and depositories. Key Skills & Competencies:

• In-depth knowledge of Depository Operations (NSDL/CDSL).

• Familiarity with DP software and back-office systems.

• Strong attention to detail and ability to work under pressure.

• Proficiency in MS Excel and reporting tools.

• Good communication and coordination skills.

Qualifications & Experience:

• Graduate in Commerce / Finance / Economics or equivalent

• 2 – 5 years of experience in DP operations with a stock broking firm.

• NISM-Series VI (Depository Operations Certification) is mandatory.

Work Conditions: • Location: Kurla, Mumbai, Maharashtra

• Salary: ₹6 – 7 LPA (Based on experience)

• Working Days: 5/6 days as per company policy

• Timings: As per market hours / operational requirements

Interested kindly mail yur profile dimple@gsmpeopleconsulting.com

Regards

Dimple

Job Type: Full-time

Pay: ₹50,000.00 - ₹60,000.00 per month

Benefits:

• Provident Fund

Work Location: In person