06 Aug
|
StellarEdge Brokers
|
Surat
06 Aug
StellarEdge Brokers
Surat
Note: This is a Surat-First role. We are specifically targeting high-potential candidates from Surat — including CFA / CS aspirants, commerce graduates, and junior professionals from regional brokers.
Compensation is honest and will grow rapid with performance.
Who We Are Looking For Ideal Surat Candidate Profile Junior DP operations staff at Surat-based regional brokers — Jainam, Marwadi, Choice, Arihant, or similar
NISM Series VIII (Equity Derivatives) or CDSL/NSDL certified candidates looking for growth
B.Com / finance graduates who have completed a DP operations internship and want to own a full function
Anyone currently processing DP transactions in a large, siloed team who wants real ownership
Candidates from regional brokers who handle multiple DP responsibilities and want to bring that breadth to a technology-forward firm About The Role DP operations at most regional brokers is a high-volume, repetitive processing function. At Stellaredge, it is a systems role. You will own the entire DP function — pledge management, settlement, corporate actions, exception resolution — and you will also be part of the team that decides how to automate and improve it.
This is not a lateral move. It is a move into ownership.
Key Responsibilities Manage daily CDSL/NSDL operations: account management, DIS processing, statement generation
Handle pledge, unpledge, and margin pledge workflows accurately and within regulatory timelines
Process corporate actions — bonus, splits, rights, dividends — with full accuracy
Monitor and resolve settlement mismatches and exception cases independently
Maintain operational checklists, audit trails, and exception logs for all DP transactions
Identify manual workflows that should be automated and contribute to improvement specifications
Coordinate with exchanges, CDSL/NSDL helpdesks, and internal teams to resolve operational issues What We Are Looking For 1–3 years of hands-on DP operations experience at a SEBI-registered broker — real operational exposure,
not observation
Working knowledge of CDSL/NSDL workflows, pledge/unpledge, and T+1 settlement
Experience resolving settlement mismatches and exception cases — not just escalating them
Operational accuracy and documentation discipline
Willingness to think beyond processing — towards improvement, automation, and ownership Nice to Have NSDL/CDSL DP operations certified
NISM Series VIII certification
Exposure to automation tools or has independently flagged process improvement ideas to managers
Experience at a Gujarat-based regional broker — understands Surat brokerage ecosystem Why Join Stellaredge From Surat Many DP operations professionals in Surat are stuck in large, siloed teams at regional brokers — doing the same transactions every day with no room to improve, automate, or grow. At Stellaredge, you own the function. You will be the person who decides how DP operations should scale — and you will have the access to make that happen.
Green
Flags (We Prioritise) Has resolved real settlement mismatches — can describe root cause and fix clearly
Has worked on pledge/unpledge hands-on, not just observed or escalated
Has built or contributed to operational checklists or exception trackers
Mentions automation or improvement ideas without being prompted Red Flags (We Avoid) Has only processed transactions — never resolved exceptions independently
Cannot explain T+1 settlement in practical operational terms
No interest in process improvement — wants the same routine every day
Vague or inconsistent about what they specifically handled vs. what a colleague handled Interview Process We keep our process short, honest, and focused on real ability — not performance in trick questions. Round 1 — Async written screening: settlement + pledge workflow questions (48 hrs)
Round 2 — 30-min HR interview: operational depth, past work, motivation
Round 3 — Practical walkthrough: describe a complete day-end DP checklist verbally or in writing
Round 4 — 20-min final conversation with Operations Lead
📌 DP Operations Executive (Surat)
🏢 StellarEdge Brokers
📍 Surat