Job Description: Associate Manager Depository Ops & Compliance

Key Responsibilities

1. Depository Operations Management
- Oversee the end-to-end lifecycle of depository activities, including Demat/Remat requests, pledged/unpledged instructions, and transmission of shares.
- Manage the Settlement process for pay-in and pay-out of securities, ensuring zero errors in client collateral or pool accounts.
- Reconcile depository holdings with back-office records on a daily basis.

2. Regulatory Compliance & Reporting
- Act as the primary point of contact for depository audits (NSDL/CDSL/SEBI).
- Ensure timely submission of regulatory filings, including Monthly/Quarterly Compliance Reports and Surveillance alerts.
- Monitor and implement changes in SEBI circulars and Depository guidelines to ensure the firm’s systems and processes remain compliant.

3. Risk Management & Grievance Redressal




- Mitigate operational risk by maintaining strict control over Power of Attorney (PoA) and DDPI (Demat Debit and Pledge Instruction) usage.
- Address and resolve client queries and grievances related to depository services within the stipulated SCORES or exchange timelines.

Required Skills & Qualifications
- Education: Bachelor’s degree in Commerce, Finance, or Law. An MBA or CS (Company Secretary) qualification is a significant plus.
- Certifications: Mandatory NISM Series VI (Depository Operations)
- Technical Proficiency: Advanced knowledge of depository software (e.g., DPM, CDAS) and back-office ERPs.
- Attention to Detail: High accuracy in data handling—because in operations, a misplaced decimal can lead to a massive regulatory headache.

📌 Depository Operations Executive (Surat)
🏢 Jainam Broking
📍 Surat