To manage day-to-day operations related to Depository Services (NSDL/CDSL), ensure timely processing of demat/remat transactions, pledge instructions, DIS validation, and adherence to SEBI/Depository regulations. Key Responsibilities :

1. Depository Operations o Process all types of depository transactions including dematerialization, rematerialization, pledge/unpledge, off-market transfers, and transmission.

o Monitor timely processing of Delivery Instruction Slips (DIS), auto-pay-in instructions, and BO-initiated requests.

o Handle inter-depository and intra-depository settlements in coordination with NSDL/CDSL. o Maintain and update BO master data in compliance with regulatory norms.

2. Client Servicing & Transaction Support o Assist clients with queries related to demat accounts, pledge/unpledge procedures, margin pledge, and statement generation.

o Guide branches and RMs on correct procedures for DP documentation and operations. o Support IPO allotment reconciliation and corporate actions processing (bonus, split, dividend, etc.).

3. Compliance & Regulatory Reporting

o Ensure strict adherence to SEBI, NSDL/CDSL circulars and operational guidelines.

o Timely submission of DP-related reports to Depositories, SEBI, and internal compliance. o Participate in internal/external audits and ensure closure of audit observations.

o Monitor system alerts for dormant accounts, KYC updates, and suspicious transactions.

4. Reconciliation & MIS o Perform daily reconciliation of demat holdings, client balances, and transaction logs.

o Prepare and maintain daily/weekly/monthly MIS related to DP operations and client activity. o Identify and resolve breaks or mismatches in securities balances.

5. System Operations & Process Improvement o Work on depository back-office systems (e.g., NSDL DPM, CDSL DP Gateway, BO modules).

o Coordinate with the IT team for automation and system enhancements.

o Propose improvements in workflows to reduce TAT and errors in DP services.

Key Skills Required: Thorough knowledge of DP operations, NSDL/CDSL processes, and SEBI regulations Familiarity with demat account functioning, DIS, margin pledge framework Good understanding of regulatory reporting and depository circulars Strong coordination and client handling skills Accuracy, attention to detail, and proficiency in MS Excel and BO applications Working knowledge of DP software and tools (e.g., DPM, EASI, EASIEST, SPEED-e, etc.)

Qualifications : Graduate in Commerce / Finance / Business Administration (Mandatory); MBA (Preferred) NISM Series VI (Depository Operations) certification Mandatory 2 5 years of experience in DP Operations in a stockbroking firm or depository participant setup

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Executive/Assistant Manager

mumbai, navi mumbai

2.0 - 5.0 yrs

INR 3 - 7 Lacs

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Executive/Assistant Manager