Depository Operations

Company: Asiatic Stock and Securities

Location: Gurgaon, Haryana

Job Summary: We are looking for a detail-oriented and experienced DP Executive to join our team at Asiatic.

The role requires Deep Knowledge of Depository Operations. Sharp Knowledge of Local DPM, e-DPM, DMS and i-Assist and CDAS system. Document knowledge: Demat, Remat, MF redemption, Account opening (Individual and Non-Individual) DIS Execution, Scan process. Account Closure, Transmission, Closure-Cum-Transfer. DIS issuance..

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.