Dp Operator

Job Title: Senior Manager DP (Demat Processing) Operations

Job Summary:

Senior Manager – DP 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 .