Depository

Key Responsibilities:

Settlement Operations (Pay-in / Pay-out):

Execute and monitor daily pay-in (delivery of securities to clearing corporation) and pay-out (receipt of securities from clearing corporation) activities.

 Ensure timely uploads and reconciliations in line with T+1 settlement cycle.

 Coordinate with Clearing Members, Exchanges, and Depositories (NSDL/CDSL) for settlement obligations. Depository Activities:

 Process demat/remat requests, pledge creation/release, and transmission of securities.

 Verify and authorize DIS (Delivery Instruction Slips).

 Handle off-market transfers, corporate actions (bonus, dividend, splits), and reconciliations.

Shilpi Software Operations:

 Enter, verify, and reconcile transactions in Shilpi back-office software.

 Generate and circulate settlement, holding, and reconciliation reports using Shilpi.

 Maintain accurate records and MIS for audits and compliance.

Compliance & Risk Management:

 Ensure adherence to SEBI, Exchanges, and Depository regulations.

 Assist in responding to audit queries, compliance checks, and regulatory inspections.

 Monitor risk in settlement operations and escalate discrepancies promptly.

Client & Internal Coordination:

 Liaise with clients for demat requests, pledge confirmations, and query resolution.

 Coordinate with RMS, Dealing, and Accounts teams for smooth transaction flow

Skill and Competencies:

 Strong knowledge of depository operations (NSDL/CDSL)

 Practical exposure to pay-in/pay-out processes.

 Hands-on experience with Shilpi software (preferred).

 Good knowledge of settlement cycles, clearing corporation processes, and exchange rules.

 Strong analytical, reconciliation, and problem-solving skills.

 Attention to detail and ability to meet deadlines.

Job Types: Full-time, Permanent

Pay: ₹10,000.00 - ₹40,000.00 per month

Benefits:

• Cell phone reimbursement
• Flexible schedule
• Health insurance
• Paid sick time
• Provident Fund

Work Location: In person