DP Operations & Compliance Manager

GATEWAY FINANCIAL SERVICES LIMITED JOB DESCRIPTION DP OPERATIONS & COMPLIANCE MANAGER Department: Depository Participant (DP) Location: Kolkata Experience: 58 Years Reporting To: Director Industry: Stock Broking / Capital Markets Role Overview Gateway Financial Services Limited is looking for an experienced DP Operations & Compliance Manager to manage the day-to-day operations of the Company's Depository Participant (DP) function and ensure adherence to applicable SEBI, NSDL/CDSL and internal compliance requirements. The candidate will be responsible for operational accuracy, regulatory compliance, reconciliations, audits, client servicing and supervision of the DP team. Key Responsibilities • Manage end-to-end DP operations including account opening, modification, closure, demat/remat, transmission, pledge/unpledge, off-market transfers and other DP- related transactions. • Ensure timely and accurate processing of all client instructions in accordance with applicable regulatory requirements. • Monitor compliance with SEBI, NSDL/CDSL rules, regulations, circulars and operational guidelines. • Ensure proper KYC/CKYC documentation, record maintenance and client account controls. • Conduct and monitor DP reconciliations, identify discrepancies and ensure timely resolution. • Maintain appropriate maker-checker controls, operational controls and audit trails. • Coordinate with NSDL/CDSL, auditors, Compliance, Risk and other internal departments. • Assist in Depository inspections, audits and regulatory reviews and ensure timely closure of observations. • Prepare and review DP MIS, compliance reports and operational reports for management. • Handle escalated DP-related client queries and grievances. • Supervise, train and monitor the performance of the DP Operations team. • Review existing processes and recommend improvements to strengthen operational efficiency and compliance.

Candidate Profile
• Graduate in Commerce, Finance, Business Administration or a related field. • NISM Series VI Depository Operations Certification is mandatory. • 58 years of relevant experience in DP Operations, preferably with a stock broking, Depository Participant or financial services company. • Strong practical knowledge of NSDL/CDSL systems and DP processes. • Good understanding of SEBI regulations and DP compliance requirements. • Experience in reconciliation, audits, regulatory reporting and operational controls. • Strong attention to detail, communication, analytical and problem-solving skills. • Prior experience managing or supervising a DP team will be preferred. Key Skills Required DP Operations | NSDL/CDSL | SEBI Compliance | KYC/CKYC | Reconciliation | Audit & Inspection | Regulatory Reporting | Client Servicing | Internal Controls | Team Management Preferred Background Candidates currently working or having prior experience with reputed stock broking companies, Depository Participants, banks or financial institutions will be preferred.